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Trade press release

2008-10-24 Southern European ports expand operations with Kalmar container handling solutions

10/24/2008

Ports in southern Europe are responding to the growing flow of goods by increasing their handling capacity. The ports of Koper in Slovenia and Evyap in Turkey are expanding their container handling capacity with Kalmar rubber-tyred gantry (RTG) cranes.

Cargotec Kalmar business area has been awarded a contract to supply two E-One+ RTG cranes to Luka Koper for the expansion of the Port of Koper container terminal in Slovenia and four E-One+ RTGs to the Evyap Port in Turkey, also for the port expansion. The orders include Smartrail autosteering and container position verification systems for the RTGs. The equipment will be delivered to Port of Koper during the third quarter of 2009 and to Evyap Port during the first quarter of 2009.

Raimo Ukkonen, Vice President, RTG business line, Kalmar Industries, said: “The Adriatic is a new market for Kalmar RTGs. The volume of container freight is growing on the Adriatic Sea as the European Union expands eastwards. Goods flows between the Mediterranean and Central and Eastern Europe are increasing. There lots of potential in the region.

Luka Koper provides port and logistics services in the Port of Koper where container transport has been increasing rapidly. Luka Koper estimates they will achieve a yearly throughput of 400,000 TEUs by the end of 2008.
Evyap Logistics operates the Evyap Container Terminal, situated 70 kms east of the Bosphorus at the Anatolian side of Istanbul. Expansion at the terminal will increase its capacity to 615,000 TEU per annum.

Kalmar's E-One+ RTG cranes come equipped with a low-emission diesel engine and all-electric trolley, wheel turning and spreader. This 'all-electric' concept, without the need for hydraulics, means that parts are easy to access and fewer components than ever require maintenance.

The E-One+ RTGs offer reliability and cost efficiency while also meeting the toughest environmental standards on pollution, discharges, noise, safety and working environment.

Note to editors:
Press information can be found on Kalmar website: www.kalmarind.com. Simply click on News Room to be taken to a list of recent press releases.
A photograph to accompany this press release is also available on the Kalmar website, by clicking on Press Pictures. The caption for the photograph reads:
"The ports of Koper and Evyap expand their container handling capacity with Kalmar rubber-tyred gantry cranes
Kalmar is a global provider of container and heavy duty materials handling equipment, automation applications and related services. It is the world's leading supplier of cargo handling equipment to ports, terminals and intermodal facilities.

Every fourth container or trailer transfer at terminals around the world is handled by a Kalmar machine. The company also supplies a wide range of machines to demanding industrial customers for applications as diverse as handling steel and paper to shunting road trailers at distribution hubs.

Kalmar is also leading the way in port automation applications with its application of unmanned container handling technology, on-board smart features and remote maintenance products developed in co-operation with customers and partners.

Kalmar's product range is complemented by a large range of value added services such as maintenance contracts and fleet management. Production plants are situated in Sweden, Finland, the Netherlands, Malaysia, China and the USA. Kalmar's net sales were EUR 1.343 billion in 2007.

Kalmar is part of Cargotec Corporation, the world's leading provider of cargo handling solutions, which are used in local transportation, terminals, ports, distribution centres, and ships. Cargotec sales exceed EUR 3 billion and the company employs approximately 12,000 people. Cargotec class B shares are quoted on the NASDAQ OMX Helsinki.

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