Tag Archives: Cargotec

Cargotec Announces Leadership Changes and Demerger Plans for Kalmar, Proposes Pekka Ala-Pietilä as Chair

(IN BRIEF) Cargotec Corporation has announced changes in its leadership team and board structure as part of the planned separation of its subsidiary, Kalmar, through a partial demerger. The Cargotec Board of Directors proposes Pekka Ala-Pietilä as the Chair of … Read the full press release

Kalmar to Supply 18 Heavy Terminal Tractors to TT-Line in Australia

(IN BRIEF) Kalmar, a subsidiary of Cargotec, has entered into an agreement with Australian heavy-equipment distributor AJL Group Pty Ltd (AJL) to provide 18 heavy terminal tractors to TT-Line Company Pty (TT-Line). The order, which was included in Cargotec’s Q2 … Read the full press release

Cargotec Announces Share Repurchase Program for Incentive Programs

(IN BRIEF) Cargotec Corporation has announced its decision to initiate a share repurchase program. The Board of Directors will exercise the authorization granted by the Annual General Meeting on March 23, 2023. Cargotec plans to repurchase 400,000 class B shares, … Read the full press release

Cargotec Reports Record-High Profitability in Half-Year 2023 Financial Report

(IN BRIEF) Cargotec Corporation has announced its half-year financial report for January-June 2023, revealing record-high profitability. The company experienced a strong rebound in orders received, reaching pre-COVID levels. Sales increased by 25%, and a record-high comparable operating profit margin of … Read the full press release

Hiab Introduces HiSkill: A Revolutionary Training Simulator for Knuckle Boom Crane Operations

(IN BRIEF) Hiab, a subsidiary of Cargotec, has launched HiSkill, a cost-effective training simulator designed to enhance the safety and efficiency of knuckle boom crane operations. HiSkill utilizes virtual reality (VR) technology to create a realistic and secure learning environment … Read the full press release

Kalmar Prioritizes Safety with Innovative Collision Warning System for Straddle Carrier Fleet

(IN BRIEF) Kalmar, a subsidiary of Cargotec, is introducing a collision warning system for its manually operated straddle carrier portfolio. The system, available as an optional add-on for new machines and as a retrofit upgrade for existing ones, enhances safety … Read the full press release

Kalmar Celebrates Production of 6,000th Machine at Shanghai Manufacturing Plant

(IN BRIEF) Kalmar, a subsidiary of Cargotec, celebrates a significant milestone as its manufacturing plant in Shanghai, China, completes the production of its 6,000th machine, a reachstacker. The machine is destined for Bodi International LLC in Mongolia. The Shanghai plant, … Read the full press release

Cargotec’s Hiab partners with Dalian Shidao Industry to strengthen foothold in China’s load handling equipment market

(IN BRIEF) Hiab, a subsidiary of Cargotec, has signed a license manufacturing agreement with Dalian Shidao Industry to expand sales and service coverage of MULTILIFT hooklifts in mainland China. Dalian Shidao Industry will manufacture, sell, and service Hiab’s MULTILIFT hooklifts … Read the full press release

MacGregor schließt 20-Millionen-Euro-Deal für RoRo-Ausrüstung mit der Grimaldi Group ab

(IN KÜRZE) MacGregor von Cargotec hat einen Auftrag im Wert von über 20 Millionen Euro für umfassende RoRo-Ausrüstungspakete für fünf neue Pure Car and Truck Carriers (PCTC)-Schiffe erhalten, die von China Merchant Heavy Industries für die Grimaldi Group gebaut werden … Read the full press release

MacGregor secures EUR 20 million RoRo equipment deal with Grimaldi Group

(IN BRIEF) Cargotec’s MacGregor has received an order valued at over EUR 20 million for comprehensive RoRo equipment packages for five new Pure Car and Truck Carriers (PCTC) vessels to be built by China Merchant Heavy Industries for Grimaldi Group. … Read the full press release

Kalmar di Cargotec si aggiudica un grosso ordine per la fornitura di Reachstacker a basso consumo di carburante a PSA Italia

(NOTIZIA IN BREVE) Kalmar, una divisione di Cargotec, ha ricevuto un importante ordine per la fornitura a PSA Italia di otto reachstacker Kalmar Eco da utilizzare presso i terminal container di Genova Pra’ e SECH. L’ordine, che è stato registrato … Read the full press release

Cargotec’s Kalmar Secures Large Order to Deliver Fuel-Efficient Reachstackers to PSA Italy

(IN BRIEF) Kalmar, a division of Cargotec, has received a significant order to provide PSA Italy with eight Kalmar Eco reachstackers for use at their Genova Pra’ and SECH container terminals. The order, which was booked in Q1 2023, is … Read the full press release

Der erfahrene CEO Casimir Lindholm wird zum neuen Leiter von Cargotec ernannt

(IN KÜRZE) Das Board of Directors von Cargotec hat Casimir Lindholm mit Wirkung zum 1. April 2023 zum neuen CEO ernannt. Lindholm, ein ehemaliger CEO von Eltel und Lemminkäinen, ist seit 2021 Mitglied des Board of Directors von Cargotec und bringt … Read the full press release

Experienced CEO Casimir Lindholm named as Cargotec’s new leader

(IN BRIEF) Cargotec’s Board of Directors has named Casimir Lindholm as the new CEO, effective April 1, 2023. Lindholm, a former CEO of Eltel and Lemminkäinen, has been a member of Cargotec’s Board of Directors since 2021 and brings a wealth … Read the full press release

Cargotec Subsidiary Hiab Wins Nearly EUR 4 Million Order for Heavy Duty Tail Lifts in the U.S.

(PRESS RELEASE) HELSINKI, 9-Jan-2023 — /EuropaWire/ — Cargotec Corporation (HEL: CGCBV), a Finnish company that makes cargo-handling machinery for ships, ports, terminals and local distribution, has announced that its subsidiary Hiab, a leading provider of smart and sustainable load handling … Read the full press release

Hiab, filial de Cargotec, obtiene un pedido de casi 4 millones de euros para plataformas elevadoras de servicio pesado en los EE. UU.

(COMUNICADO DE PRENSA) HELSINKI, 9-Jan-2023 — /EuropaWire/ — Cargotec Corporation (HEL: CGCBV), una empresa finlandesa que fabrica maquinaria de manipulación de carga para barcos, puertos, terminales y distribución local, ha anunciado que su filial Hiab, un proveedor líder de soluciones … Read the full press release

Cargotec’s Hiab brings its famous truck mounted loader cranes to the railway industry

(PRESS RELEASE) HELSINKI, 7-Sep-2022 — /EuropaWire/ — Cargotec Corporation (HEL: CGCBV), a Finnish company that makes cargo-handling machinery for ships, ports, terminals and local distribution, has announced that its subsidiary Hiab, a leading provider of smart and sustainable load handling … Read the full press release

Hiab von Cargotec bringt seine berühmten Lkw-Ladekrane in die Bahnindustrie

(PRESSEMITTEILUNG) HELSINKI, 7-Sep-2022 — /EuropaWire/ — Cargotec Corporation (HEL: CGCBV), ein finnisches Unternehmen, das Frachtabfertigung herstellt Maschinen für Schiffe, Häfen, Terminals und den lokalen Vertrieb, hat bekannt gegeben, dass seine Tochtergesellschaft Hiab, ein führender Anbieter von intelligenten und nachhaltigen Lastumschlaglösungen, … Read the full press release

Mika Vehviläinen to lead Cargotec / Konecranes combined entity as President and CEO

(PRESS RELEASE) HELSINKI, 6-Aug-2021 — /EuropaWire/ — Cargotec Corporation (HEL: CGCBV), a Finnish company that makes cargo-handling machinery for ships, ports, terminals and local distribution, and Konecranes Plc (HEL: KCR), a Finnish company with focus on cranes and lifting equipment, … Read the full press release

Cargotec in 3Q 2020: orders received and comparable operating profit likely higher vs 2Q 2020

(PRESS RELEASE) HELSINKI, 15-Sep-2020 — /EuropaWire/ — Cargotec (HEL: CGCBV), Finnish cargo-handling machinery maker, has announced its third quarter 2020 is better than expected. The company estimates orders received and comparable operating profit to increase compared to the second quarter … Read the full press release