Cavotec to accelerate focus on cleantech - will invest 20 million euro to solidify leading position in expected multibillion euro market
The fast-growing market for electrification and automation of ports worldwide is estimated to be worth several billion euros in the coming years. Cavotec will invest EUR 20M in technology, engineering and business development over the next five years to strengthen its leading position and meet the expected demand. The global Cavotec team will grow by 60%, with two thirds being engineers.
Cavotec to open new innovation centre focusing on profitable sustainability solutions for marine customers
Cavotec, the world’s leading manufacturer of connection and electrification solutions for ports, airports, and a wide variety of industrial applications, will open a new innovation centre in the Netherlands at the beginning of 2021.
Cavotec’s next generation e-ferry charging solution enters service in Norway
Cavotec’s next generation Automatic Plug-in System (APS) solution for charging electric ferries has entered service in Oslo, enabling safe, fast and clean vessel charging, and highlighting our role as a leading supplier of innovative automation and electrification technologies.
Cavotec wins port equipment orders worth EUR 10M
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.