Cargotec
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Cargotec

Company nameCargotec Oyj
Company typeJulkinen osakeyhtiö (OMX - HEX29983CGCBV)
IndustryIndustrial machinery
Founded2005
HeadquartersHelsinki
Key peopleIlkka Herlin (Chairman), Mikael Mäkinen (President and CEO)
ProductsMarine cargo handling trucks, loader cranes, tail lifts
Revenue-2.581 billion (2009)
Operating income-300,000 (2009)
Net income-3.1 million (2009)
Employees9,600 (2009)

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Cargotec Oyj (OMX - HEX29983CGCBV) is a Finnish company that makes cargo-handling machinery for ships, ports, terminals and local distribution.

Cargotec was formed in June 2005 when Kone Corporation was split into two companies to be listed: Cargotec and new KONE. After the split, Kone Corporation’s container handling (Kalmar Industries AB), load handling (Hiab) and marine cargo handling (MacGREGOR) business units formed Cargotec. However, the businesses within Cargotec have much longer histories and a series of mergers and acquisitions during several decades.

As of the end of 2009, Cargotec Corporation had about 9,500 personnel working in over 120 countries. Cargotec has production in 18 countries.

The heirs of Pekka Herlin, who founded Kone Corporation, own large chunks of Cargotec common stock. Current (since July 12, 2005) Chairman of the Cargotec's Board of Directors is Ilkka Herlin. His brother Antti Herlin, a major owner and CEO of KONE, was also elected as a member of the Board of Directors.

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Cargotec donates 600 000 euros to Tampere University of Technology - European Investor (subscription) Tweet this news
European Investor (subscription)---Cargotec- has decided to donate 600 000 euros to Tampere University of Technology, which conducts forward-looking research and provides education in areas ... - Date : Thu, 20 Jan 2011 07:49:36 GMT+00:00
Cargotec aims for faster growth in China - ForkliftAction.com Tweet this news
ForkliftAction.com---Cargotec- is serious about expanding its load-handling solutions in the Chinese market, with deputy CEO Pekka Vauramo relocating to Hong Kong this year. ... - Date : Thu, 20 Jan 2011 05:09:02 GMT+00:00
Companies face higher costs and new regulations - ForkliftAction.com Tweet this news
ForkliftAction.com---Cargotec- has started fitting its Kalmar equipment with engines that comply with the new emission regulations (Forkliftaction.com News #494). ... - Date : Thu, 20 Jan 2011 05:09:15 GMT+00:00
CARGOTEC CORP. B : publishes Financial Statements Review 2010 on Thursday 3 ... - 4-traders (press release) Tweet this news
4-traders (press release)---Cargotec- Corporation will publish its Financial Statements Review 2010 on Thursday 3 February 2011 at 12.30 pm EET. The report will be available on ... - Date : Mon, 17 Jan 2011 11:10:59 GMT+00:00
Cargotec julkaisee vuoden 2010 tilinpäätöstiedotteen torstaina 3.2.2011 klo 12.30 - Taloussanomat Tweet this news
Taloussanomat--Raportti on saatavilla julkaisun jälkeen osoitteessa www.-cargotec-.fi. Tiedotustilaisuus analyytikoille ja toimittajille järjestetään samanaikaisesti ... - Date : Mon, 17 Jan 2011 11:14:22 GMT+00:00
Llegan más grúas a Puerto de Cartagena - Portafolio.com.co Tweet this news
Portafolio.com.co--La compañía finlandesa -Cargotec- suministrará 26 grúas de última generación a la colombiana Sociedad Portuaria Regional de Cartagena (Sprc) por unos 40 ... - Date : Sun, 16 Jan 2011 23:55:10 GMT+00:00
TIEDOTE/Cargotec Oyj: Cargotec julkaisee vuoden 2010 tilinpäätöstiedotteen ... - Kauppalehti Tweet this news
Kauppalehti--Reaaliaikaisesta talousuutispalvelustamme voit seurata taloustoimituksemme uutisia ajantasaisina. Saat pörssikommentit ja raportit markkinoiden tapahtumista ... - Date : Mon, 17 Jan 2011 11:01:09 GMT+00:00
Cargotec increasse share in Malaysian joint venture - Cranes Today Tweet this news
Cranes Today---Cargotec- has increased its ownership in Kalmar (Malaysia) Sdn. Bhd., becoming a majority shareholder. The firm now owns 69.9% of the company, ... - Date : Mon, 20 Dec 2010 16:32:14 GMT+00:00
Cargotec receives a significant port crane order from Colombia - Trading Markets (press release) Tweet this news
Trading Markets (press release)---Cargotec- has received a significant order from long-time Colombian customer Sociedad Portuaria Regional de Cartagena for two Kalmar ship-to-shore (STS) ... - Date : Fri, 14 Jan 2011 08:09:50 GMT+00:00
CARGOTEC CORP. B : Stock Exchange Releases and Stock Exchange Announcements ... - 4-traders (press release) Tweet this news
4-traders (press release)--The following list includes all -Cargotec- Corporation's Stock Exchange Releases and Stock Exchange Announcements published in 2010. Stock Exchange Releases ... - Date : Wed, 12 Jan 2011 09:06:46 GMT+00:00

OMX Helsinki 25 companies of Finland

Cargotec * Elisa * Fortum * Kemira * Kesko * KONE * Konecranes * Metso * Neste Oil * Nokia * Nokian Tyres * Nordea * Orion Corporation * Outokumpu * Outotec * Pohjola Bank * Rautaruukki * Sampo * Sanoma * Stora Enso * TeliaSonera * Tieto * UPM * Wärtsilä * YIT



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