About Us

AS Konesko was established in 1992 based on Estonian private capital, and the original area of activity was the service of winding electric motor stators sent from Finland. The company started out in Tallinn with 8 employees. However, due to the constant increase in work volumes and the growing number of employees, we had to find larger facilities, and in 1998, we purchased the buildings of the former Koeru Automotive Repair Centre. In addition to the winding service, the production of sheet metal crane parts was also launched at Koeru. In 1997, the company had 39 employees in Tallinn, but by the end of 1998, there were already 53 employees at Koeru.

A significant – or even explosive – expansion of AS Konesko’s activities began in 2003 when the long-term partner Konecranes OY decided to discontinue the production of electric motors in Finland and Konesko purchased the equipment of two motor plants from Tammisaari and Hyvinkää and started manufacturing electric motors at Koeru as a contractual manufacturer. The number of employees increased from 134 to 340 in merely two years. At the end of 2003, Konecranes OY was also included in Konesko’s shareholders with a 19% share, and as of the end of 2013, Konecranes OY owns 49% of Konesko’s shares (51% is still Estonian private equity). Almost all products made at Konesko are designed in the office of Konecranes OY at Hyvinkää.

Due to production growth and the expansion of the product range and, in order to alleviate labour shortage, at the end of 2003, AS Konesko purchased production facilities in Põltsamaa, where the Konesko metal plant has been located since the summer of 2004. To accommodate the growing production of electrical components, a new plant for the manufacture of electrical components was completed at Koeru in 2004 (1,700 m²) in addition to the new motor production building (2,200 m²).

In the summer of 2015, the former production buildings at Türi-Alliku were purchased and the production of electrical components was expanded to the facility (3,000 m2) (container crane control panels), and a new modern electric motor plant (4,400 m2) was built.

Today, Konesko is Estonia’s largest manufacturer of electric motors. In addition to motors, the main areas of activity include the production of electrical and crane components (100% of the production is exported). The company’s plants are located at Koeru, Põltsamaa and Türi-Alliku, and Konesko can be considered one of the largest employers in Central Estonia (443 employees as of 1 May 2022).

 

MISSION

The mission of AS Konesko is to be a valued partner in its field and an employer with a good reputation.

 

VISION

AS Konesko’s vision is to be an appreciated partner by offering high-quality solutions, security of supply and a good and safe working environment.