Press releases

Cavotec signals growth potential with launch of new tagline and strategic direction statement

Press releases   •   May 04, 2018 08:46 GMT

Global engineering group Cavotec has launched its new tagline and strategic direction statement. Two defining elements of the Cavotec identity that reflect the Group’s key role as a trusted industrial partner for a global customer base, and its intent to maximise future growth potential.

Cavotec wins EUR 8m breakthrough order for Bahrain International Airport modernisation

Press releases   •   Apr 10, 2018 07:07 GMT

Global engineering group Cavotec has won a breakthrough order for its next-generation aircraft ground cooling systems. The order is a key part of a major modernisation project at Bahrain International Airport set to substantially increase passenger capacity. The project highlights Cavotec’s leading role in the development of Pre-Conditioned Air (PCA) systems for the global aviation market.

Cavotec wins EUR 17.5M order for Dubai's new gateway airport

Press releases   •   Mar 02, 2017 07:45 GMT

Global engineering group Cavotec has won a breakthrough order for its innovative Pre-Conditioned Air (PCA) and 400Hz power technologies for Dubai’s new gateway airport, Al Maktoum International. The EUR 17.5 million order is one of the largest airport equipment project wins in the Group’s history.

Cavotec 4Q16 Report and full year 2016 summary

Press releases   •   Feb 22, 2017 12:48 GMT

Our 4Q16 Report and full year 2016 summary.

Cavotec lands EUR11.5M in orders for innovative aircraft utility systems in the UAE, the UK and the US

Press releases   •   Feb 22, 2017 11:24 GMT

Global engineering group Cavotec has secured significant orders to supply its innovative aircraft systems to major airports in the United Arab Emirates, the UK and the US. The EUR 11.5 million contract wins, all received and confirmed in the past two months, underline the continued success of the Group's advanced integrated aircraft utility systems at applications worldwide.

Cavotec wins port equipment orders worth EUR 10M

Press releases   •   Feb 08, 2017 10:38 GMT

Global engineering group Cavotec has been awarded significant orders for its innovative systems for marine propulsion, shore power supply, and crane electrification systems, with a combined value of EUR 10 million, highlighting the Group's pivotal position in the global Ports & Maritime segment.

Cavotec's strategic plan enters into effect

Press releases   •   Jan 02, 2017 07:43 GMT

Cavotec SA's previously announced strategic plan and new organisational structure — based on two distinct Business Units (BU), Ports & Maritime and Airports & Industry — entered into effect on January 1, 2017.

Cavotec wins airport equipment orders worth more than EUR 11 million

Press releases   •   Dec 01, 2016 07:31 GMT

Cavotec has won a number of orders for its innovative aircraft ground support systems for applications in Australia, China, Colombia, Germany, Italy and the US, the largest of which is for Hong Kong International Airport. The orders, all received in 4Q16, have a combined value of more than EUR 11 million.

Cavotec secures major MoorMaster™ equipment, servicing orders

Press releases   •   Nov 04, 2016 08:38 GMT

Marine systems innovator Cavotec has won important MoorMaster™ automated mooring orders from existing MoorMaster™ customer, the Port of Salalah in Oman, for use at two container berths – another sign of the increasing acceptance of this innovative mooring technology by the global shipping sector.

Cavotec SA - 3Q16 Report

Press releases   •   Nov 03, 2016 11:26 GMT

This is a summary of the 3Q16 report published today. The complete 3Q16 report and full year summary with tables is available at http://investor.cavotec.com/results.cfm. Investors should not rely on summaries only, but should review the complete reports with tables.

Cavotec 3Q16 report and conference call

Press releases   •   Oct 27, 2016 10:15 GMT

​Cavotec will publish its 3Q16 report on Thursday, 3 November, 2016 at approximately 12:00 CET. A conference call for shareholders, analysts and media will be held at 13:00 CET. Participating on the conference call from Cavotec will be CEO Ottonel Popesco and Kristiina Leppänen, CFO and IR. The meeting will start with some background on the 3Q16 results and will be followed by a Q&A session.

Cavotec SA - 2Q16 Report

Press releases   •   Aug 04, 2016 11:24 GMT

Cavotec continues winning shore power orders, highlighting success of new applications

Press releases   •   Jul 25, 2016 06:15 GMT

During 1H16 and the first weeks of 3Q16, leading engineering group Cavotec has won more orders for its innovative shore power systems with a total value of approximately EUR 11.5 million, underlining the Group’s central position in this growing segment, and the ports sector as a whole.

Cavotec's MoorMaster™ automated mooring technology registers two major breakthroughs

Press releases   •   Jun 14, 2016 09:18 GMT

Cavotec's MoorMaster™ automated mooring technology has registered two major breakthroughs — completion of At Sea Demonstrations of the US Navy's Advanced Mooring System; and a second order for a combined MoorMaster™ and battery charging system for a hybrid passenger ferry application — underscoring the acceptance of MoorMaster™ in the industry, and the technology's substantial market potential.

Michael Colaco sells 2.8 million Cavotec shares to pay USD 6.7 million to Cavotec

Press releases   •   May 18, 2016 08:10 GMT

The Chief Executive Officer of Cavotec SA ("Cavotec" or the "Company"), Ottonel Popesco, is pleased to announce that on 17 May 2016, Michael Colaco, the former owner of INET Airport Systems, sold 2.8m shares in Cavotec to pay USD 6.7m pursuant to the court judgment entered in favour of Cavotec in a lawsuit in the Orange County Superior Court in California, USA.

Cavotec SA - 1Q16 Report

Press releases   •   May 10, 2016 10:23 GMT

This is a summary of the 1Q16 published today. The complete 1Q16 report with tables is available at http://investor.cavotec.com/results.cfm. Investors should not rely on summaries only, but should review the complete reports with tables.

Cavotec and ABB join forces to offer shore-to-ship power solutions, boosting "green ports"

Press releases   •   Apr 28, 2016 09:27 GMT

Cavotec and ABB have signed a Memorandum of Understanding to jointly offer complete shore-to-ship power solutions globally. Such solutions allow vessels to plug into onshore power supply and shut down their engines, eliminating noxious emissions, noise and vibrations while berthed in ports that are often located in city surrounds.

Report from Cavotec SA Ordinary General Meeting 2016

Press releases   •   Apr 22, 2016 13:36 GMT

​Cavotec SA ("the Company") today held its Ordinary General Meeting ("OGM") in Lugano, Switzerland, while shareholders could follow proceedings via a passive video-link from Stockholm, Sweden. Fabio Cannavale chaired the OGM. Here follows a report on the resolutions that were passed.

Cavotec 4Q15 Report and full year 2015 summary

Press releases   •   Feb 25, 2016 12:20 GMT

This is a summary of the 4Q15 report and full year 2015 summary published today. The complete 4Q15 report and full year summary with tables is available at http://investor.cavotec.com/results.cfm. Investors should not rely on summaries only, but should review the complete reports with tables.

Cavotec & Wärtsilä to develop world’s first marine wireless charging and mooring concept

Press releases   •   Jan 25, 2016 08:03 GMT

An agreement has been signed between Cavotec Group and Wärtsilä to jointly develop the world’s first combined induction charging and automatic mooring concept.