Cargotec as an investment

Here you can find some frequently asked questions about Cargotec as an investment. Questions are divided to categories which can be accessed from the navigation list. In case you have other questions, please contact Investor Relations team.

General information

1. What are Cargotec’s performance targets?

Please read more from the Performance targets page.

2. What are Cargotec’s business areas?

Cargotec’s business areas are Hiab and MacGregor.

In April 2023, Cargotec announced that its Board of Directors has initiated an investigation to potentially separate Cargotec’s core businesses Kalmar and Hiab into two standalone companies. On 1 February 2024, Cargotec’s Board of Directors approved a demerger plan concerning the separation of Kalmar into a new listed company. The completion date of the demerger was 30 June 2024. More information about the demerger.

3. What are Cargotec’s main customer segments?

All business areas serve different customer segments. You can find the main customers by business areas here. 

4. When was Cargotec founded?

Cargotec Corporation was formed in June 2005 when Kone Corporation demerged into two companies to be listed, Cargotec and KONE. However, the history of Cargotec did not start that year but over 100 years ago when Kalmar, one of Cargotec’s three business areas, started its operations.

Read more about Cargotec’s history.

5. How many people does Cargotec employ?

Cargotec employs more than 6,000 people.

6. How much of Cargotec’s net sales is allocated to R&D?

In 2023, R&D expenditure totalled around EUR 98 million, representing 2.1 percent of sales (including discontinued operations).