- Cargotec
Infobox Company
company_name = Cargotec, Plc.
company_
company_type = Public
foundation =2005
location_city = Flagicon|Finland Helsinki
location_country = Finland
key_people = Ilkka Herlin (Chairman of the board ), Mikael Mäkinen (President andCEO )
industry = Marine cargo handling
products = Trucks, loader cranes, tail lifts
revenue = €3.018 billion (2007)cite web |url=http://www.cargotec.com/cms/cargomb.nsf/18D331D796B42CECC22573E7003B5B94/$file/Cargotec_Annual_Report_2007_ENG.pdf?OpenElement |title=Annual Report 2007 |accessdate=2008-04-11 |publisher=Cargotec]
net_income = profit €138.4 million (2007)
num_employees = 11,187 (2007)
homepage = [http://www.cargotec.com/ www.cargotec.com]
intl = yesCargotec (OMX|HEX29983|CGCBV) is a Finnish company that provides cargo-handling solutions for ships, ports, terminals and local distribution.
Cargotec was formed in
June 2005 whenKone Corporation was split into two companies to be listed: Cargotec and newKONE . After the split, Kone Corporation’s container handling (Kalmar), load handling (Hiab) and marine cargo handling (MacGREGOR) business units formed Cargotec. However, the businesses within Cargotec have much longer histories and a series of mergers and acquisitions during several decades.As of the end of 2007, Cargotec Corporation had about 11,200 personnel working in over 140 countries.
The heirs of
Pekka Herlin , who founded Kone Corporation, own large chunks of Cargotec common stock. Current (since July 12, 2005) Chairman of the Cargotec's Board of Directors is Ilkka Herlin. His brother Antti Herlin, a major owner and CEO of KONE, was also elected as a member of the Board of Directors.References
External links
* [http://www.cargotec.fi Cargotec website]
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