Crane assemblies made in Latvia ‣ WorldCargo News

Latvian-based JSC RIKON is expanding its role in the European crane industry, recently completing the fabrication of crane bogies and equaliser beam assemblies for a refurbishment project in France. This project highlights RIKON’s capabilities as a contract manufacturer for crane components, serving both upgrade and new-build needs.

RIKON’s Expanding Role in Crane Manufacturing

RIKON, a crane OEM, offers its expertise to other manufacturers by producing complex components and structures. According to the company, their motto, “we build cranes,” reflects a comprehensive commitment to the craft. They are not limited to building complete cranes under their own brand but actively support other companies with specialized fabrication.

Project in Dunkirk, France

The completed long travel assemblies were specifically built for MIP, a subsidiary of Track Solution Group, and destined for a terminal in Dunkirk, France. RIKON states this project demonstrates their ability to act as a “reliable industrial partner for European leaders,” handling full-cycle design and fabrication of critical subsystems.

Did You Know? RIKON’s facility encompasses a total site area of 35,000 m², with over 10,500 m² dedicated to production, assembly, painting, and testing.

RIKON specializes in heavy, precision-engineered components essential to crane functionality. These include travel bogies, complete travel mechanisms, boom sections, portal legs, welded structures, and custom sub-assemblies.

Logistical Advantages

The company’s location at the Freeport of Riga provides a significant logistical advantage. RIKON’s facility includes a private quay, enabling direct loading of large components onto vessels for global delivery. This streamlines the manufacturing, testing, and shipping process.

Expert Insight: By offering contract manufacturing services, RIKON is strategically positioning itself to capitalize on the demand for specialized components within the broader crane industry, potentially mitigating risk through diversification and expanding its market reach.

Track Solutions Group established MIP to focus on equipment maintenance and support for industrial clients, including ports where they install and repair crane rails.

Frequently Asked Questions

What types of components does RIKON fabricate?

RIKON fabricates heavy, precision-engineered components including travel bogies, complete travel mechanisms, boom sections, portal legs, welded structures, and custom sub-assemblies.

Where is RIKON’s manufacturing facility located?

RIKON’s facility is located in Latvia, at the Freeport of Riga, and includes a private quay for direct vessel loading.

Who is MIP and what is its relationship to Track Solutions Group?

MIP is a subsidiary of Track Solutions Group, established to provide equipment maintenance and support to industrial clients, including ports.

As RIKON continues to offer its contract manufacturing services, it could see increased demand from European and global crane manufacturers seeking specialized fabrication expertise. Further expansion of their facility or service offerings is a possible next step, depending on market needs. Analysts expect continued growth in the demand for crane maintenance and upgrades, potentially leading to more projects like the one in Dunkirk.