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Press Release

Cargotec Receives Ship Crane Orders Worth More than EUR 90 million

04/04/2008

Cargotec's MacGREGOR business area providing marine cargo handling and offshore load handling solutions has received significant bulk handling crane orders. Altogether 276 cranes will be delivered during 2009-2011 and the value of the orders is more than EUR 90 million. The orders have been booked in the first quarter 2008 order intake.
 
The cranes will be manufactured in China and Korea by MacGREGOR partner plants.
 
 
Sender:
Cargotec Corporation
 
Eeva Mäkelä
CFO
 
For further information, please contact:
Kenneth Mellin, Sales and Marketing Director, Crane Division, MacGREGOR
tel. +46 660 294 176
Minna Karhu, Vice President, Corporate Communications, tel. +358 204 55 4630
 
Cargotec improves the efficiency of cargo flows by offering handling systems and the related services for the loading and unloading of goods. Cargotec's brands, Hiab, Kalmar and MacGREGOR, are global market leaders in their fields and their solutions are used on land and at sea - wherever cargo is on the move. Extensive repair and maintenance services close to customers ensure the continuous usability of equipment. Cargotec is the technology leader in its field, its R&D focusing on innovative solutions that take environmental considerations into account. Cargotec's sales are EUR 3 billion and the company employs over 11,000 people. Cargotec's class B shares are quoted on the OMX Nordic Exchange Helsinki.
 
www.cargotec.com

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