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Topic: Cargotec

In the News (Fri 17 Feb 12)

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	WebWire® \| Cargotec Receives Hatch Cover Order from Germany
		Cargotec Corporation is the world’s leading provider of cargo handling solutions, which are used in local transportation, terminals, ports, distribution centers, and ships.
		Cargotec’s operations are divided into three strong, global business areas: Hiab, Kalmar, and MacGREGOR, each of which is the market leader in its own segment.
		Cargotec’s class B shares are listed on the Helsinki Stock Exchange.
	www.webwire.com /ViewPressRel.asp?aId=10440 (223 words)

	About Us - Cargotec Ltd
		Cargotec possess the experience to be able to advise and guide traders on complex issues, such as vessel grade changes from fl oil to white oil, plus highlight possible risks or advantages,
		Cargotec document every aspect of an operation, creating a paper trial, with the client being constantly advised of the current situation, throughout a cargo operation.
		The Cargotec Superintendent diligently attends all ship and shore sampling operations, to ensure not only that samples are drawn correctly but that any necessary secondary samples are also obtained, as deemed necessary to protect our client’s interests.
	www.cargotec-ltd.com /aboutus.html (631 words)

	Materials Handling Equipment (Site not responding. Last check: 2007-10-09)
		Cargotec can trace its origins back more than half a century when it was established under the names of HIAB Cranes and Loaders and Dunbar Manufacturing.
		Cargotec has also been instrumental in pioneering the Moffett Mounty truck-mounted forklift -- first built in 1956 in Ireland - to a variety of applications throughout the U.S. Cargotec is the market leader for Moffett truck mounted forklifts.
		Cargotec is the market leader of HIAB truck mounted cranes for rooftop delivery of roof shingles, truss setting, and wall panel and lumber ground drops.
	www.gbpd.com /services/materialshandling.htm (168 words)

	WebWire® \| Mikael Mäkinen Appointed New President and CEO of Cargotec Corporation
		Cargotec Corporation’s Board of Directors has in its meeting on February 8, 2006 appointed Mr.
		Cargotec’s first phase after the demerger has been successful and gives an excellent basis for the future,” states Cargotec’s Chairman of the Board of Directors Ilkka Herlin.
		Cargotec will host a press conference on the appointment on February 9, 2006 at 11.00 a.m.
	www.webwire.com /ViewPressRel.asp?SESSIONID=&aId=9254 (424 words)

	Partek Cargotec (Site not responding. Last check: 2007-10-09)
		Partek Cargotec is the world’s leading supplier of load-handling equipment such as cranes, truck-mounted forklifts, and tail lifts to the transport, general industrial, and primary production sectors.
		Cargotec therefore made the decision to take a look at further improving external services and the best way to do this was to first improve their own internal business processes and then extend these efficiencies out to the customers.
		Cargotec is part of the Partek group, which also owns Kalmar (container handling), Valmet (forest machines) and Valtra (tractors).
	www.scala.net /news/success/partek_cargotec.asp (1747 words)

	N O R E X (Site not responding. Last check: 2007-10-09)
		CGC.HE Cargotec Corporation is the world s leading provider of cargo-handling solutions for ships, ports, terminals and local distribution.
		Cargotec s operations benefit from the growth in global trade flows, which is supported by the increasing world trade.
		Cargotec s solutions are used to increase the efficiency and speed of the transportation and distribution of industrial and consumer goods.
	www.norex.com /print_ipo.asp?id=238 (220 words)

	Cargotec
		Cargotec is the world’s leading provider of cargo handling solutions whose products are used in materials handling hubs such as local transportation, terminals, ports, distribution centres and ships.
		Cargotec to Publish its January-June 2006 Interim Report on July 19, 2006 at 12.00 p.m.
		Cargotec's class B shares are quoted on the Helsinki Exchanges' Main list as of June 1, 2005.
	www.cargotec.com (180 words)

	News and more Business News from ADN1
		Sender: Cargotec Corporation Kari Heinisto Senior Executive Vice President and CFO Eeva Makela SVP, Investor Relations and Communications For further information, please contact: Pekka Vartiainen, President, Hiab, tel.
		+358 204 55 4281 Cargotec Corporation is the world's leading provider of cargo handling solutions whose solutions are used in local transportation, terminals, ports, distribution centers, and ships.
		Cargotec Group's operations are divided into three strong, global business areas: Hiab, Kalmar, and MacGREGOR, each of which is the market leader in its own segment.
	digital50.com /news/items/21798 (350 words)

	Cranes Today (Site not responding. Last check: 2007-10-09)
		Kone took over Cargotec, parent company of Hiab and dockside equipment producer Kalmar, in 2002, beating its former subsidiary KCI Konecranes for the right to purchase the Finnish government’s golden share.
		Cargotec gained a separate listing on the Helsinki stock exchange on 1 June.
		Like Cargotec, KCI Konecranes is also having a great year, and expects sales for 2005 to be 20% up on last year’s 1728m.
	www.cranestodaymagazine.com /story.asp?sectionCode=66&storyCode=2029160 (2570 words)

	OMX - Helsingin Pörssi
		Cargotec Corporation is the world’s leading provider of cargo-handling solutions for ships, ports, terminals and local distribution.
		Cargotec’s operations benefit from the growth in global trade flows, which is supported by the increasing world trade.
		Cargotec’s solutions are used to increase the efficiency and speed of the transportation and distribution of industrial and consumer goods.
	www.hex.com /misc/listed_cos/kone_cargotec/index_en.html (506 words)

	KONE Corporation (EN) > Invitation to the Extraordinary Shareholders’ Meeting of Cargotec Corporation (Site not responding. Last check: 2007-10-09)
		The shareholders of Cargotec Corporation (Business ID 1927402-8) to be established in connection with the demerger of KONE Corporation (Business ID 0110139-9) are hereby summoned to the Extraordinary Shareholders’ Meeting to be held at the Finlandia Hall, address Mannerheimintie 13e, Helsinki, Finland on Tuesday, 12 July, 2005 at 2.00 p.m.
		Cargotec Corporation’s Board of Directors, which was proposed in the Demerger Plan of KONE Corporation and chosen by the Extraordinary Shareholders’ Meeting of 17 December 2004, has announced that it will relinquish its duty and await election by the Extraordinary Shareholders Meeting to be called by Cargotec Corporation.
		KONE Corporation’s Nomination Committee has proposed that the number of Board members in Cargotec Corporation be confirmed at six (6) and proposes that the members of the Board be Henrik Ehrnrooth, Tapio Hakakari, Antti Herlin, Ilkka Herlin, Peter Immonen and Karri Kaitue.
	www.kone.fi /en/main/0,,content=48624,00.html (1386 words)

	NewsRoom Finland
		Finnish cargo handling equipment maker Cargotec, demerged from lift and escalator maker Kone in June, on Tuesday reported rising April-to-June profits despite receiving fewer orders than in the year-ago period.
		Cargotec's second-quarter pre-tax profits rose to 48 million euros from 33 million in the same period last year, added the statement.
		By 1317 (GMT+3) in the Helsinki bourse, shares in Cargotec were going for 24.20 euros, down by 2.62 per cent since Monday's close.
	virtual.finland.fi /stt/showarticle.asp?intNWSAID=9312&group=Business (229 words)

	Bloomberg.com: Europe
		Cargotec is on course to achieve a full-year operating profit of more than 100 million euros, Kone said in October, compared with 77.6 million euros in 2003.
		Cargotec's recent orders include one for 14 ship-to-shore cranes from the Belgian port of Antwerp, while expansion plans such as one worth $650 million at Ningbo, China's second-biggest port, should also benefit the company.
		The maker of cranes, hatch covers and cargo-securing systems that had been part of Kone until 1993, when it was sold off as part of the focus on elevators and escalators.
	www.bloomberg.com /apps/news?pid=10000085&sid=apgW7Q4HHzt8&refer=europe (923 words)

	KONE Corporation (EN) > Demerger Plan (Site not responding. Last check: 2007-10-09)
		The proposed new Articles of Association of New KONE and Cargotec are attached hereto as Appendices 1 and 2.
		New KONE and Cargotec are applying for listing of their class B shares on the main list of the Helsinki Stock Exchange approximately as of June 1, 2005.
		New KONE and Cargotec are applying for listing of their class A and B options on the Helsinki Stock Exchange approximately as of June 3, 2005.
	www.konelifts.ru /en/main/0,,content=48579,00.html (3963 words)

	KONE Corporation (EN) > KONE Interim Report: 1 January - 31 December 2004, IFRS (Site not responding. Last check: 2007-10-09)
		The plan to demerge the company into two separately listed corporations, KONE Corporation and Cargotec Corporation, and to extend the current accounting period from 12 to 15 months, ending 31 March, 2005 was approved by an extraordinary shareholders’ meeting on 17 December, 2004.
		Sales in Kone Cargotec were MEUR 1,581 (1,364) reflecting growth of 19 percent at comparable exchange rates.
		Kone Cargotec benefited from strong demand both within Kalmar and Hiab, and was able to take full advantage of the good market environment and restructuring actions taken.
	www.kone.se /en/main/0,,content=48639,00.html (944 words)

	KONE - Wikipedia, the free encyclopedia
		In June 2005 the company was demerged into two separate companies.
		One retained the name KONE Corporation, and the other became Cargotec.
		KONE offices in the United States, located in Moline, Illinois.
	en.wikipedia.org /wiki/Kone (241 words)

	KONE Corporation (EN) > Kone Cargotec Acquires MacGREGOR Group (Site not responding. Last check: 2007-10-09)
		Kone Cargotec, the cargo-handling business of KONE Corporation, has agreed to purchase the entire share capital in global marine cargo-flow solution and service provider MacGREGOR International AB from Sweden’s Industri Kapital and Gambro AB.
		“Kone Cargotec’s strategy is to grow and maintain market leading positions globally with strong brands in all its areas of business related to the flow of goods.
		Kone Cargotec’s annual net sales will rise to approximately EUR two billion through this acquisition, and we expect it already to have a positive impact on Kone Cargotec’s financial result in 2005”, Bergström continues.
	www.kone.com /en/main/0,,content=48647,00.html (465 words)

	[No title]
		The service scope of this joint venture (“Cargotec”) can also be extended to non-members and the aircargo industry.
		To enhance the company’s competitiveness, Cargotec intend to offer equity of the company to SAAA members and companies that could contribute business to it.
		The current practice that freight forwarders have to advance GST payment on behalf of importers and consignees for goods imported by the latter has caused financial constraint and unnecessary risks to the freight forwarders.
	www.tafa-r.org.tw /031106c.doc (1539 words)

	[No title]
		Sender: Cargotec Corporation Kari Heinistö Eeva Mäkelä Senior Executive Vice President and CFO SVP, Investor Relations and Communications For further information, please contact: Kari Heinistö, Senior Executive Vice President and CFO, tel.
		Net sales of Cargotec were approximately EUR 1.9 billion in 2004 and the company has approximately 7,300 employees in over 140 countries.
		Cargotec’s shares are listed on the Helsinki Stock Exchange.
	hugin.info /135578/R/1001767/153518.doc (365 words)

	KONE Corporation (EN) > Determination of the Acquisition Cost of KONE and Cargotec Shares, and the Subscription Price ...
		According to the advance ruling from the Finnish Central Board of Taxation, the acquisition cost of KONE and Cargotec shares is considered to be the part of the acquisition cost of Kone Corporation’s shares that correspond to the proportion of the net assets of Kone Corporation transferred to New KONE and Cargotec.
		If it is apparent that the proportion of the net assets of KONE and Cargotec substantially differs from the proportion of the current values of KONE and Cargotec shares, the proportion of the current values is used as the basis for dividing the acquisition cost between the shares.
		The proportion of net assets transferred to KONE and Cargotec will be determined in the final settlement of the dissolved Kone Corporation, which will be published at a later date.
	www.kone.com /en/main/0,,content=49994,00.html (575 words)

	Vertikal.net > English Version > News Archive > Story
		Cargotec sales revenues were 1.3 billion (£0.89 billion), an increase of 6 per cent on 2002.
		Operating income at Cargotec rose by over 60 per cent to 75 million (£51.19 million), but only represented 5.6 per cent of net sales, beating the groups declared 5 per cent target for Cargotec but well below the 10 per cent achieved by the Kone elevator/escalator group.
		The geographical split of Cargotec sales remained similar to 2002 with 55 per cent coming from Europe, 27 per cent from North America and 11 per cent from Asia and the Pacific Rim.
	www.vertikal.net /en/stories.php?id=739 (547 words)

	EuroInvestor.co.uk - Cargotec Shares Subscribed with Option Rights
		A total number of 28,650 class B shares have been subscribed with Cargotec option rights that were granted as part of the demerged Kone Corporation's year 2004 option program.
		Cargotec's share capital after the increase totals 63,800,565 euros.
		Net sales of Cargotec were approximately EUR 1.9 billion in 2004.
	www.euroinvestor.co.uk /News/ShowNewsStory.aspx?StoryId=9287209 (465 words)

	Mosser Press Release 1 (Site not responding. Last check: 2007-10-09)
		Cargotec's new headquarters includes a two-story office building, assembly, and mounting facility.
		They receive from their parent company, Partec of Finland, forklifts, called moffits, that mount on the back of Home Depot and concrete block delivery trucks, and cranes mounted on the back of roofing and drywall delivery trucks.
		At Cargotec they are assembled and mounted before being shipped all over the midwest and eastern United States.
	www.mossergrp.com /pr01.htm (455 words)

	Partek Implements Scala's Collaborative ERP Solution to Improve Customer Services (Site not responding. Last check: 2007-10-09)
		Amsterdam, The Netherlands, 18 October 2001: Partek Cargotec, one of the business areas of Partek Corporation, has implemented Scala's collaborative ERP solution, using both Scala and iScala products to create an integrated system for their logistics processes.
		Partek's four divisions, Cargotec, Valmet, Valtra and Kalmar, together have 30 Scala ERP installations in 17 different countries.
		The Partek Cargotec business area, accounting for over one fourth of Partek's revenue, has production plants in 14 countries on four continents and its own sales and service agencies in 30 countries.
	www.scala.net /news/releases/2001/011018_partek.asp (674 words)

	ShowArticle
		BT today announced a network outsourcing contract with Cargotec Corporation, the world’s leading provider of cargo handling solutions for ships, ports, terminals and local distribution.
		The contract strengthens Cargotec's global IT systems through the deployment of a high-availability, fully managed MPLS network that allows prioritized routing of traffic according to multiple classes of service.
		Gustaf Forsberg, Sales Manager, BT Nordics, said: "As competitive pressures intensify in the digital networked economy, global multi-site companies such as Cargotec are increasingly turning to BT Global Services for their needs in networked IT services.
	www.btplc.com /News/Articles/Showarticle.cfm?ArticleID=46c0a677-d686-4083-bcec-dd671287e2e1 (366 words)

	KONE Corporation (EN) > Terms and Conditions (Site not responding. Last check: 2007-10-09)
		Detailed terms and conditions of the demerger are presented in the demerger plan as signed by the KONE Board of Directors on 1 November, 2004.
		The current share subscription price of 24.67 euros based on the Option program is to be divided between New KONE and Cargotec option rights and recalculated to reflect the market value of New KONE and Cargotec at the time of their listing.
		The subscription price of New KONE and Cargotec shares is anticipated to be disclosed on 13 June, 2005.
	www.konecorp.com /en/main/0,,content=49842,00.html (1819 words)

	Press Centre, company news, strategy, press releases, invest in Ireland - IDA Ireland
		Moffett Engineering Ltd, which was founded in 1945, is a subsidiary of Finnish company, Cargotec Corporation.
		It has been made possible because of the technical competencies of our staff and the performance to date of the facility in addition to Irish pro-business environment and the continuous support and encouragement of IDA Ireland in the company’s ongoing development and expansion”.
		Cargotec Corporation was formed in 2005 as a result of the demerger of Kone Corporation.
	www.idaireland.com /home/news.aspx?id=9&content_id=568 (443 words)

	EuroInvestor.co.uk - Cargotec Listing Particular Published
		The demerger of Kone Corporation into two new listed corporations, Cargotec Corporation ("Cargotec") and KONE Corporation ("New KONE"), is now in its final stages.
		The demerger will be registered in the trade register on 1 June, 2005, which is the first trading day for Cargotec and New KONE class B shares, and A and B series option rights on the Helsinki Stock Exchange.
		The Listing Particular includes descriptions of Cargotec's operations, strategy and financial position, as well as a reiterated outlook for year 2005 from the financial statements.
	www.euroinvestor.co.uk /News/ShowNewsstory.aspx?StoryID=8906200 (519 words)

	KONE Corporation (EN) > Share Acquisition Cost (Site not responding. Last check: 2007-10-09)
		The Finnish National Board of Taxes has determined the acquisition cost of KONE shares to be 64.5 percent of the initial acquisition cost of shares in demerged Kone Corporation.
		According to the advance ruling in 2005 of the Finnish Central Board of Taxation, the acquisition cost of KONE and Cargotec shares is primarily to be considered the part of the acquisition cost of Kone Corporation’s shares that correspond to the proportion of the net assets of Kone Corporation transferred to New KONE and Cargotec.
		The acquisition costs are therefore 64.5 percent (KONE Corporation) and 35.5 percent (Cargotec Corporation) of the initial acquisition cost of the shares, according to the guidelines of The Finnish National Board of Taxes.
	www.us.kone.com /en/main/0,,content=50000,00.html (145 words)

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