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Cargotec Oyj (CGCBV.HE)

CGCBV.HE on Helsinki Stock Exchange

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5 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Kalmar wins T2 terminal tractor order in the Middle East
Tuesday, 11 Oct 2016 03:00am EDT 

Cargotec Oyj : Kalmar signed an agreement with Gulftainer Lebanon SAL to supply six Kalmar T2 terminal tractors and one Kalmar DCF80-45E7 empty container handler . Rest of order will be delivered during Q1 of 2017 . Order was booked in Cargotec's 2016 Q3 order intake .First delivery will take place in Oct. 2016.  Full Article

Cargotec receives a verdict of damages of $13 mln in the USA
Tuesday, 11 Oct 2016 02:45am EDT 

Cargotec Oyj : Cargotec has received a verdict of damages of $13 million in local jury trial in the USA . Disputes claim and will appeal to court of appeals .Estimates that verdict does not have an impact on 2016 result.  Full Article

Kalmar wins order for 34 reachstackers from C.RO Ports SA
Wednesday, 5 Oct 2016 02:01am EDT 

Cargotec Oyj : Kalmar wins large order for 34 reachstackers from European ro-ro operator C.RO Ports SA . Deliveries are planned to take place between Dec. 2016 and december 2017 .Rder was booked in cargotec's 2016 Q3 order intake.  Full Article

Cargotec: MacGregor acquires majority shares of Flintstone Technology Ltd.
Thursday, 29 Sep 2016 03:00am EDT 

Cargotec Oyj : MacGregor acquires majority shares Of Flintstone Technology Ltd. to further strengthen its advanced technology offering in offshore solutions . Acquired 51 pct of shares of privately owned company Flintstone Technology Ltd. .Deal was closed on Sept. 22, 2016.  Full Article

Kalmar signs deal with from HeavyMovement in Barcelona, Spain
Wednesday, 28 Sep 2016 04:00am EDT 

Cargotec Oyj : Kalmar to deliver Iberia's first two T2 terminal tractors along with five forklift trucks . Received order for five forklift trucks and two T2 terminal tractors from HeavyMovement S.L in Barcelona, Spain .Delivery will take place during December 2016.  Full Article

Cargotec plans to re-organise operations at INTERSCHALT
Friday, 23 Sep 2016 07:00am EDT 

Cargotec Oyj : Plans to re-organise operations at the acquired maritime software company INTERSCHALT . Cooperation negotiations have started at INTERSCHALT and they will affect tens of employees. Interschalt employs at moment 223 persons . Re-organisation is estimated to affect INTERSCHALT personnel in Germany, USA (Houston) and China (Shanghai) . It is estimated that some INTERSCHALT's production and design work will be discontinued or outsourced and some INTERSCHALT locations will be closed .Aim is to finalize negotiations by end of 2016 and resulting changes will be completed during 2017.  Full Article

Cargotec: Kalmar wins further forklift order from Algerian company GICEP
Thursday, 25 Aug 2016 03:11am EDT 

Cargotec Oyj : Kalmar wins further forklift order from Algerian port procurement company Groupement D'interêt Commun Des Entreprises Portuaires (GICEP) . Received an order for 25 forklift trucks .Order was booked in Cargotec's 2016 Q1 order intake.  Full Article

Cargotec's Kalmar secures follow-up order from Crowley
Thursday, 11 Aug 2016 03:00am EDT 

Cargotec Oyj : Kalmar, part of Cargotec, has received orders for seven top loaders from Crowley Liner Services for operation in Jacksonville and Port Everglades, Florida, and eight reachstackers from Crowley Puerto Rico Services for operation in San Juan, Puerto Rico .The orders were booked in Cargotec's 2016 second quarter order intake, with delivery taking place during the first quarter of 2017.  Full Article

Cargotec Q2 EBIT EUR 62.6 million above expectations
Wednesday, 20 Jul 2016 05:00am EDT 

Cargotec Oyj : Q2 order intake 825 million euros (Reuters poll 862 million euros) . Q2 EBIT 62.6 million euros (Reuters poll 59.6 million euros) . Q2 sales 898 million euros (Reuters poll 890 million euros) .Outlook for 2016 unchanged.  Full Article

Cargotec's MacGregor wins hatch cover contract for Japanese container ships
Monday, 11 Jul 2016 03:00am EDT 

Cargotec Oyj : MacGregor has signed contract for design and delivery of key components and the fabrication of steel structures for hatch covers on board five 14,000 TEU container vessels under construction at Japan Marine United's (JMU) Kure shipyard .Order was booked into Q2 2016 order intake.  Full Article

BRIEF-Cargotec receives a verdict of damages of $13 mln in the USA

* Cargotec has received a verdict of damages of $13 million in local jury trial in the USA