Cargotec Oyj - Company Profile

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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, Malaysia, the UK and the US. Cargotec is headquartered in Helsinki, Finland.

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Headquarters Finland

Address Porkkalankatu 5, Helsinki, 00180


Telephone 358 2 07774000

No of Employees 11,391

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange CGCBV (HEL)

Revenue (2022) $4.9B 11.7% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 1351.5% (2022 vs 2021)

Market Cap* $3.7B

Net Profit Margin (2022) XYZ 1,208.6% (2022 vs 2021)

* As of and is in US$
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Cargotec Oyj premium industry data and analytics

8

Construction Projects

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2

Project Contacts

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4

IT Services Contracts

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Products and Services

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

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

Year Event Description
2024 Contracts/Agreements In March, Kalmar entered into a joint development agreement with Forterra for the enhancement of autonomous terminal tractor solutions.
2024 Contracts/Agreements In March, Kalmar entered into a contract with APM Terminals Pier 400 Los Angeles to deliver two new Kalmar electric AutoStrads and to undertake a retrofit of two existing hybrid straddle carriers.
2024 Contracts/Agreements In March, MacGregor secured an order for three cranes destined for installation on a cutting-edge cable layer set for delivery by shipbuilder VARD.
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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 11,391 64,343 63,536 10,200 797
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Jaakko Eskola Chairman Executive Board 2022 65
Casimir Lindholm President; Chief Executive Officer Senior Management 2023 52
Mikko Puolakka Chief Financial Officer; Executive Vice President Senior Management 2016 54
Ilkka Herlin Director; Vice Chairman Executive Board 2022 64
Aki Vesikallio Vice President - Investor Relations Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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