Cargotec Oyj (Cargotec) is a provider of cargo and load handling systems and services. Its portfolio of services includes on-road load handling solutions, marine cargo flow solutions and offshore solutions, and heavy industrial material handling, container handling equipment and related solutions. The company’s products include loader cranes, tail lifts, forklifts, yard cranes, straddle carriers, reach stackers, and load handling and mooring solutions. It also provides terminal tractors, log lift forestry cranes, hook lifts, skip loaders, forestry and recycling cranes, truck-mounted forklifts and empty container handlers. It serves single truck owners, fleet operators, ship owners, distribution centers, ports, industrial, logistics, offshore, delivery, ports, marine and offshore industries. The company has operations across Finland, China, Germany, Ireland, South Korea, Norway, India, Poland, Spain, Sweden, the UK, Malaysia, and the US. Cargotec is headquartered at Helsinki, Finland.

Headquarters Finland

Address Porkkalankatu 5, Helsinki, 00180


Telephone 358 2 07774000

No of Employees 11,492

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange CGCBV (HEL)

Revenue (2020) $3.9B 1.6% (2020 vs 2019)

EPS XXX

Net Income (2020) XXX 2906.1% (2020 vs 2019)

Market Cap* $1.7B

Net Profit Margin (2020) XXX 2,876.0% (2020 vs 2019)

* As of and is in US$

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IT Services Contracts

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ICT Spend & Tech Priorities

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Products and Services

Products Services Brands
Forklift Trucks Financial Services Hiab
Log Stackers Maintenance Kalmar
Loader Cranes Installation MacGregor
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In September, MacGregor received a significant order for delivering container lashing systems for twelve 23,500+ TEU container vessels for Hapag-Lloyd.
2022 Contracts/Agreements In September, the company's MacGregor selected to supply two auxiliary offshore telescopic cranes for Van Oord’s generation wind turbine installation vessel.
2022 Contracts/Agreements In August, the company's Kalmar secured a order from YILPORT Holding Inc. for a total of 27 new Kalmar mobile equipment, 20 Eco reachstackers, four empty container handlers and three forklift trucks.
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Image for loader

Competitor Comparison

Key Parameters Cargotec Oyj Komatsu Ltd KONE Corporation Terex Corp Wuxi HuaDong Heavy Machinery Co Ltd
Headquarters Finland Japan Finland United States of America China
City Helsinki Minato-Ku Espoo Norwalk Wuxi
State/Province - Tokyo - Connecticut Jiangsu
No. of Employees 11,492 62,774 63,106 8,600 910
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Jaakko Eskola Chairman Executive Board 2022 -
Tapio Hakakari Vice Chairman Executive Board 2009 68
Ilkka Herlin Vice Chairman; Director Executive Board 2022 -
Mika Vehvilainen Chief Executive Officer Senior Management 2019 60
Mikko Puolakka Executive Vice President; Chief Financial Officer Senior Management 2016 52
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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