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Press release Kalmar

Kalmar delivers port equipment to Kazakhstan's premier in-land dry port

8/18/2015

CARGOTEC CORPORATION, PRESS RELEASE, 18 AUGUST 2015 AT 9 AM (EEST)

Kalmar, part of Cargotec, has secured two important contracts to supply mobile equipment to Kazakhstan's premier in-land dry port, KTZE - Khorgos Gateway. The first contract includes two Kalmar DCT80-45E7 empty container handlers and six Kalmar DRT 450 reachstackers, which were booked into Cargotec's fourth quarter order intake 2014. In addition, Kalmar will deliver seven Kalmar TT 612d terminal tractors together with ten terminal chassis, placed into the third quarter order intake 2015. All units are expected to be delivered by quarter four 2015.

KTZE - Khorgos Gateway is a greenfield dry port project located on the border of Kazakhstan and China. The dry port, which by its completion in 2018 will reach 580 hectares, is expected to become a significant point of economic growth throughout Kazakhstan, becoming a hub linking cargo between the East and West. It will function as one of the largest international transport logistics and distribution centers, providing Kazakhstan, China and countries of the Eurasian region with new opportunities for access to world markets. The port is owned by national multimodal operator JSC "KTZ Express", a 100% subsidiary of national railway companythe Republican State Enterprise "Kazakhstan temir zholy", and operated by "KTZE-Khorgos Gateway" LLP in cooperation with DP World.

Karl Gheysen, CEO of "KTZE Khorgos Gateway' LLP said: "Khorgos Gateway is one of the biggest joint projects created on the initiative of the Republic of Kazakhstan and the People's Republic of China, and is aimed at facilitating trade with China, mainly in the development of transit potential of both countries. This will contribute to the practical implementation of a transcontinental corridor project, from Western Europe to Western China. We chose Kalmar as our supplier due to their reputation as a reliable partner and ability to provide high performing equipment that are purpose-built for demanding and cost-effective operations."

Valerian Sand, Managing Director, Cargotec RUS said: "We are delighted to support KTZE Khorgos Gateway in this strategic project, which will provide Kazakhstan, China and countries of the Eurasian region new opportunities for access to world markets. The project has been aided by the good cooperation between Kalmar and DP World, and is a perfect example of successful multinational cooperation between several parties. This order will further strengthen Kalmar's leading position in Kazakhstan".

Further information for the press:

Valerian Sand, Managing Director, Cargotec RUS, tel. +7 812 337 54 50

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel. +358 20 777 4096, maija.eklof@kalmarglobal.com

Kalmar offers the widest range of cargo handling solutions and services to ports, terminals, distribution centres and to heavy industry. Kalmar is the industry forerunner in terminal automation and in energy efficient container handling, with one in four container moves around the globe being handled by a Kalmar solution. Through its extensive product portfolio, global service network and ability to enable a seamless integration of different terminal processes, Kalmar improves the efficiency of every move. www.kalmarglobal.com
Kalmar is part of Cargotec. Cargotec's sales totalled approximately EUR 3.4 billion in 2014 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV. www.cargotec.com

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