Hiab Oyj CYJBF

CYJBF Company Overview

Hiab Oyj is a Finland-based industrial equipment company focused on intelligent load-handling solutions for on-road applications. The company designs, manufactures, and services equipment used in commercial transport, logistics, construction, waste management, defense, forestry, and infrastructure industries. Hiab operates primarily through globally recognized brands including HIAB, MULTILIFT, MOFFETT, LOGLIFT, and JONSERED, supplying truck-mounted cranes, hooklifts, demountables, tail lifts, truck-mounted forklifts, and forestry and recycling cranes. Revenue is generated through equipment sales, aftermarket services, spare parts, maintenance, and digital service solutions.

The company traces its origins to the hydraulic load-handling innovations developed in Sweden during the 1940s, with the HIAB brand becoming an early pioneer in truck-mounted hydraulic cranes. Hiab historically operated as a core business area within Cargotec Corporation before becoming an independent publicly traded company through a demerger process approved by shareholders. The company positions itself around productivity, safety, sustainability, and lifecycle service support, leveraging a large installed equipment base and global service network as strategic advantages.