Cavotec has published its Annual and Sustainability Report 2024, highlighting the company’s financial performance, strategic progress, and sustainability initiatives over the past year.
David Pagels, Cavotec CEO, commented on the company’s progress:
"In 2024, we established a stronger Cavotec with higher profitability and a strengthened financial position. Thanks to the success of our change
Exciting things are on the horizon! Cavotec is set to reveal new products at Bauma Europe 2025, the world’s leading construction machinery trade fair, kicking off on 7 April in Munich, Germany.
While we can’t reveal too much just yet, we invite you to catch a glimpse of what’s coming by watching our teaser video. Stay tuned – you won't want to miss it!
Join Us for the Cavotec 50 Anniversary
“We ended 2024 with strong order intake, higher order backlog and improved operating profitability. In 2024, we have established a stronger Cavotec with higher profitability and strengthened financial position. Thanks to the success of our change programs, we have also been able to invest in product development which have further strengthened our competitiveness. With the continued good demand for
Cavotec has deepened its partnership with Qwello by signing an order for 1,000 spring cable reels for electric vehicle charging stations across Europe. The order was signed at the end of 2024.
Cavotec has appointed Jonathan Eriksson as Senior Vice President and Head of Industry Division and Nicklas Vedin as Senior Vice President and Head of Ports & Maritime Division. Patrick Mares, in Group Management since 2019, has been appointed Senior Vice President, Product Management and Chief Technology Officer.
Cavotec, a leading cleantech company, is pleased to announce the inauguration of its new production facility in Chennai, India. This strategic expansion is aimed at serving both the fast growing domestic market in India and the extensive global market.
To show how and where our systems are helping industries to operate safely, efficiently and sustainably, we’re planning to post an image of Cavotec equipment on our Twitter feed every day of 2013. We’re calling this Cavotec365, and it’s something we’ll be asking for your help with too - find out more on our blog.
Cavotec is launching a lightweight radio remote control unit specifically designed for frequent and extended use. The unit, the MC3100, is designed for use with mobile cranes, tower cranes and crusher machines.
Cavotec has completed the delivery of a number of industrial radio remote control (RRC) systems that will be sued on the world’s largest deep water drilling ship, the Dalian Developer.
A brief overview from the Cavotec Australia team on the recent AIMEX trade show held in Sydney - and thanks to all those who made it possible.
Cavotec is a leading cleantech company that designs and delivers connection and electrification solutions that enable the decarbonisation of ports and industrial applications. Backed by more than 40 years of experience, we provide systems that ensure safe, efficient and sustainable operations for a wide variety of customers and applications worldwide.
Corso Elvezia 16
CH-6900 Lugano
Switzerland
