Madrid, February 25 2026. COFIDES has granted a €6.75 million co-investment loan to GH Cranes & Components to support the construction of a new industrial building dedicated to crane manufacturing, which will increase the company’s production capacity.
The loan, provided through the Fund for Foreign Investment (FIEX), will significantly expand the productivity of the plant operated by the company in Klobuck (Poland). With this investment, the production area will increase from 2,489 m² to 5,800 m², tripling its steel processing capacity. The total investment in the project amounts to €10 million.
In recent years, COFIDES has supported the international expansion of GH Cranes & Components, an alliance that has enabled the Basque company to strengthen its presence in strategic markets such as Argentina, Mexico, Poland and the United States.
In 2024, GH Cranes & Components carried out a similar production investment project in Texas (USA), with a total investment of nearly €13 million. This project was also supported by COFIDES through a co-investment loan and backed by the Basque Finance Institute. The plant is now fully operational and has been running at full capacity since the second half of 2025.
According to Miguel Ángel Ladero, CIO of COFIDES, “the commitment to the industrial and construction sector in a dynamic market such as Poland confirms the international competitiveness of Spanish companies like GH.” He also highlighted that “the investments jointly made in four countries reflect the strength and continuity of our collaboration.”
Jose Antonio Guerra, CEO of GH Cranes & Components, stated that “this ambitious investment reflects GH Cranes & Components’ firm commitment to internationalisation, in this particular case, in Poland, a country where GH has been operating for more than 20 years. In this context, the company has experienced continuous growth in the country and the wider region, driven by our strong industrial vocation and a robust technical support service for customers.”
ABOUT GH CRANES & COMPONENTS
GH CRANES & COMPONENTS is a family-owned industrial group founded in 1958. Its core activity is the manufacturing of hoists, overhead cranes and crane components, and it also designs and manufactures gantry cranes, jib cranes and other lifting solutions. The company operates in key markets with 10 production plants located in Spain, Portugal, France, Mexico, Brazil, the United States, Poland and Thailand, and maintains a direct presence through its own commercial subsidiaries in 15 countries.
ABOUT COFIDES
COFIDES is a state-owned trading company that manages financial funds from the Spanish State, as well as its own resources and those of third-party institutions with various objectives: the internationalization of the Spanish economy, the attraction of foreign investment into strategic sectors in Spain, the promotion of the impact economy in Spain, and the contribution to the development of the countries in which it invests. In addition to the State, which holds a majority position, other shareholders include Banco Santander, Banco Bilbao Vizcaya Argentaria (BBVA), Banco Sabadell, and CAF–Development Bank of Latin America.
