Cargotec acquires Effer SpA from CTE Group

The operating profit percentages for the different business areas varied throughout the year, with Kalmar at 12.9%, Hiab at 14.1%, and MacGregor at 4.3%.

The two Kalmar electric straddle carriers will feature batteries with an operation time of 45–50 minutes and a charging time of five to six minutes.

Cargotec is to reorganise and as part of this plan Kalmar, which is the division responsible for designing and manufacturing equipment for handling cargo, will be listed as an independent company.

Russia’s Commercial Seaport of Vladivostok (VMTP, part of FESCO Transportation Group – now state-owned through Rostam) is increasing its fleet of cargo handling equipment and upgrading its infrastructure.

Hiab, part of Cargotec, has launched two new Multilift hooklifts, the Ultima 28Z and, made with low-emission recycled steel, the Ultima ZERO

Sami Niiranen has been appointed as President of Kalmar and proposed as the new CEO of the potential separately-listed, standalone Kalmar; Kalmar headcount to be reduced next year