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Press Release

Cargotec Receives RoRo Equipment Order Worth Over EUR 20 Million from Korea

19/09/2007

Cargotec's MacGREGOR business area providing marine cargo handling and offshore solutions, has received a significant RoRo equipment order from Korean shipyard Hyundai Mipo. The equipment will be delivered between 2009 and 2011 for 10 RoRo vessels ordered by Italian shipowner Grimaldi. The value of the order exceeds EUR 20 million.
 
MacGREGOR will design and manufacture the RoRo equipment ordered by Hyundai Mipo including different kind of ramps, hoistable cardecks as well as doors. The total weight of the RoRo equipment is about 700 tonnes per vessel.
 
 
Sender:
Cargotec Corporation
 
Kari Heinistö
Senior Executive Vice President and CFO
 
Eeva Mäkelä
SVP, Investor Relations and Communications
 
For further information, please contact:
Magnus Sjöberg, Sales Manager, MacGREGOR RoRo Division, tel. +46 31 850 700
Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 204 55 4281
 
Cargotec is the world's leading provider of cargo handling solutions whose products are used in the different stages of material flow in ships, ports, terminals, distribution centers and local transportation. Cargotec Corporation's brands, Hiab, Kalmar and MacGREGOR, are market leaders in their fields and well-known among customers all over the world. Cargotec's sales are EUR 2.8 billion. The company employs over 10,000 people and operates in close to 160 countries. Cargotec's class B shares are quoted on the Helsinki Stock Exchange.