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Innovation

In addition to providing high-quality equipment to customers, Cargotec creates and distributes knowledge among its stakeholders and within the industry. With knowledge, we mean all the information, technological innovation and expertise Cargotec has and develops related to cargo and load handling solutions.

The positive impact of our solutions is founded in our R&D and innovation efforts: this is where new knowledge is created. Innovation and R&D lie at the heart of realising our vision of becoming the global leader in sustainable cargo flow.

Our research and development focuses on investments that enable us to achieve our sustainability targets through eco efficient solutions. The themes that most support this goal include digitalisation, electrification, green energy, automation and robotisation. Our research and product development expenditure in 2023 totalled EUR 98 million. In addition, Cargotec’s Sustainable Growth Fund is dedicated to funding ideas and innovations that help us achieve our decarbonisation or other environmental targets. In 2023, 22 projects received a total of EUR 4.27 million to advance projects that, for example, accelerate the electrification of Cargotec’s solutions and reduce the emission intensity of vessel transport.

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