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Cargotec as an investment

Why invest in Cargotec?

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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.

R&D investments focus on digitalisation as well as improving competitiveness and cost efficiency of products.

Countries with assembly/R&D activity are highlighted on the map



Research and product development expenditure in 2019 totalled EUR 101.9 (89.0) million, representing 2.8 (2.7) percent of sales. EUR 0.2 (0.5) million was capitalised.


R&D in business areas in 2019



Product launches

  • New-generation version of Kalmar's forklift solution for demanding loads of up to 54 tons
  • Kalmar One, the first open automation system for container terminals
  • Automated Truck Handling (ATH) to Kalmar's AutoStrad™ offering
  • Navis N4 3.7, the newest version of its flagship TOS
  • Fully electric version of the Kalmar empty container handler
  • Medium electric forklift powered by emission-free lithium-ion (Li-ion) battery technology
  • Navis Smart architecture
  • Navis Smart Suite

 Other actions

  • Collaboration with Bosch Rexroth to develop fully electric versions of Kalmar reachstacker and heavy forklift solutions
  • Kalmar Electric Terminal tractor and Kalmar FastCharge™ charging solution for battery-powered machinery were awarded first place in the PEMA (Port Equipment Manufacturers Association) Innovation Awards
  • Kalmar organised an Explore Automation! event in its Technology and Competence Centre in Tampere, Finland for key industry stakeholders
  • Kalmar’s multi-assembly unit in Stargard, Poland celebrated the 1,000th straddle carrier produced at the site
  • Kalmar opened a customer experience and training centre in North Charleston, USA
  • Cummins as the electrification solution provider for Kalmar’s terminal tractor offering



Product launches

  • A specialised drywall crane HIAB K-505 HiPro for the US and Canadian markets
  • Hiab will connect the majority of its equipment (all electronic control equipment) as a standard feature from factory
  • HIAB S-HiPro 230W waste collection crane
  • HiVision™ system expanded to MULTILIFT hooklifts
  • The next generation column lift DEL DL500
  • Two new modular installation systems for truck bodies; Hiab BodyWorks for heavy cranes and Hiab T-Body for HIAB T-series light range cranes
  • Effer's R.A.C.E (Remote Assistance Control EFFER)
  • Effer announced the launch of two brand new light range crane models, 105 and 120

Other actions

  • EFFER spare parts available on Hiab’s webshop
  • Extension of the standard warranty to two years for all LOGLIFT and JONSERED forestry and recycling crane models
  • 75,000th Hiab truck mounted forklift was delivered to Die Behrens-Gruppe of Germany
  • Full operations of MULTILIFT’s test area in Raisio, Finland, where Hiab will test trucks equipped with skiploaders and hooklifts


  • MacGregor and Kongsberg Digital, part of KONGSBERG, collaborate to test the interface of MacGregor’s OnWatch Scout condition monitoring and predictive maintenance service within Kongsberg Digital’s Vessel Insight data infrastructure solution
  • Breakbulk Optimiser introduced to the market. Breakbulk Optimiser is an automated, cloud-based application that increases cargo planning efficiency and optimises vessel and fleet capacity utilisation
  • Digitally-enabled predictive maintenance service, OnWatch Scout, was introduced to the market
  • FibreTrac crane, the first fibre-rope offshore crane to enter the market
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