Cargotec Oyj (OTCMKTS: CYJBF) is a Finnish industrial machinery company specialising in cargo and load handling solutions. Headquartered in Helsinki, the company develops equipment and services that optimise material flows across maritime, port, terminal and road environments. Its solutions address the needs of shipping lines, ports, terminals, logistics operators and heavy haulage customers worldwide.
Cargotec operates through three business areas. Hiab delivers on-road load handling equipment such as truck-mounted forklifts, loader cranes and forestry cranes. Kalmar provides cargo handling equipment and automation solutions for ports, terminals and distribution centres, including container handlers, reachstackers and automated guided vehicles. MacGregor develops maritime cargo and offshore handling systems, offering hatch covers, deck machinery and shipboard cranes for merchant vessels and offshore installations.
Beyond hardware, Cargotec offers maintenance, spare parts and digital services designed to improve equipment uptime, operational efficiency and safety. Its remote monitoring and performance analytics tools enable customers to track fleet utilisation, predict maintenance needs and reduce environmental impact. The company’s global service network spans more than 100 countries, supported by regional offices, field service technicians and authorised partners.
Established in 2005 following the demerger of Kone Corporation’s cargo handling division, Cargotec has expanded through targeted acquisitions and internal R&D investments. The company is led by President and CEO Mika Vehviläinen and overseen by a board of directors with expertise in manufacturing, logistics and engineering. Cargotec continues to invest in product innovation and digitalisation to meet the evolving demands of its international customer base.
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