Why invest in Cargotec?Watch a short video
Cargotec is a technology leader with strong market positions in all business areas, Kalmar, Hiab and MacGregor. We have leading brands in markets with long term growth potential and several megatrends, such as urbanisation and growing middle class, support our businesses.
Our aim is to transform from an equipment provider into a leader in intelligent cargo handling. We will achieve this by focusing on our four strategic must-win battles: customer centricity, services, digitalisation and productivity.
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.
1. What are Cargotec’s financial targets?
Cargotec’s financial targets, confirmed by the Board of Directors:
Read more about Cargotec's financial targets and the development towards the targets here.
2. Which are Cargotec’s business areas?
Cargotec’s business areas are Kalmar, Hiab and MacGregor. Kalmar offers industry shaping cargo handling equipment and automated terminal solutions, software and service; Hiab is the global market leader in on-road load handling, and MacGregor provides world-leading engineering solutions and services for offshore and marine industries.
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. What is Cargotec’s geographical presence like?
Cargotec operates in more than 100 countries all over the world. In 2019, 48 percent of sales came from EMEA, 34 percent from Americas and 18 percent from APAC.
5. 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.
6. How many people does Cargotec employ?
Cargotec employed around 12,500 people at the end of 2019.
7. How much of Cargotec’s net sales is allocated to R&D?
In 2018, R&D expenditure totalled EUR 101.9 million, representing 2.8 percent of sales.
1. Who are the members of the Board of Directors?
At the Annual General Meeting 2020, Tapio Hakakari, Ilkka Herlin, Peter Immonen, Teresa Kemppi-Vasama, Johanna Lamminen, Kaisa Olkkonen, Teuvo Salminen ja Heikki Soljama were re-elected to the Board of Directors.
2. Who are the members of Cargotec’s Leadership Team?
The list and information about the members of the leadership team can be found in Governance section.
3. What are Board members’ annual remunerations?
Based on the decision of the AGM of 27 May 2020, the Board’s annual remunerations are as follows:
In addition, a fee of EUR 1,000 is paid for attendance of meetings of the Board and its committees.
4. How are Cargotec’s Executive Board members remunerated?
The principles of remuneration at Cargotec can be viewed here.