Cavotec appoints David Pagels as new CEO
David Pagels, 54, has been appointed CEO of Cavotec SA. Pagels will assume the position as CEO of Cavotec during May 2022.
Cavotec wins breakthrough cleantech order for industrial battery charging worth over EUR 3M
In a major development signalling Cavotec’s entry into industrial battery charging for heavy duty vehicles, Cavotec is to supply a proof-of-concept battery charging system for use with heavy-duty mining trucks. The value of this first order is over EUR 3M with a potential for follow up orders, opening up a market that is estimated to be worth several hundred million euros in the coming years.
Cavotec wins supplier excellence award in China
We are delighted to announce that Cavotec China has won the Excellent Supplier Award from infrastructure equipment manufacturer Epiroc, one of our key customers. The award is a tribute to the commitment of our colleagues in Shanghai and throughout Cavotec Group to creating a strong partnership with Epiroc China and helping Epiroc to improve its position on the highly competitive Chinese market.
Cavotec wins major MoorMaster service contract in Western Australia
A decade after installing MoorMaster™ automated vacuum mooring at an iron ore berth in Western Australia, Pilbara Ports Authority has now selected Cavotec to secure availability and extend lifetime of its mooring system.
Cavotec enables customers to maximize asset utilization with extensive service offering
Our extensive after-sales Services offering – ranging from long-term service agreements to a series of specific programmes for airports, ports and industry – ensure customers maximize the availability, performance and operational life of their assets.
Atlas Copco selects Cavotec HOI to improve mining loader safety, efficiency
Working closely with mining group Atlas Copco, Cavotec has developed an innovative Human Operator Interface (HOI) system, incorporating long-range wireless communication, for operators of rugged loader vehicles used in mining applications deep underground. The solution, which first entered service in 2016, has generated substantial safety and efficiency gains at a mining application in Russia.
Cavotec's team ready to welcome you to stand E52 at TOC Europe
We’re looking forward to welcoming partners, customers and friends to our stand E52 at TOC Europe, where we’ll be showcasing our innovative crane electrification, automated mooring, shore power, and connection and charging systems.
Cavotec retrofits hydrant systems to meet new JIG standard
As part of our on-going commitment to improving safety at airport gates, hangars and aprons, we are currently supporting our customers to retrofit Cavotec hydrant pit systems to meet a recent requirement announced by the Joint Inspection Group (JIG).
Cavotec secures key EX-certification for North American market
Following three years of hard work and commitment, Cavotec is delighted to announce the formal achievement of Class 1 Division 1-FM approval for our Radio Remote Control (RRC) systems for the US and Canadian markets.
Cavotec's strategic plan enters into effect
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 builds 9.2m-drum crane cable reel
We have recently built what is believed to be one of the world’s largest mono-spiral motorised cable reels. With a drum diameter of 9.2m, and weighing in at 10,000kg, it is the largest drum manufactured by Cavotec to date.
Cavotec SA - 2Q16 Report
2Q16 developed in line with our expectations with revenues amounting to EUR 53.9 million, an 8.3% decrease compared to 2Q15. Day-to-day business remained strong, while a number of larger projects were postponed towards year-end.
Organic growth was negative at 5.1%, and currency exchange differences had a negative impact on quarterly revenues. Gross margin remained strong quarter
Cavotec MoorMaster™ achieves 200,000 moorings
Our innovative mooring technology for ships, MoorMaster™, recently achieved a landmark 200,000 moorings at applications worldwide, highlighting the growing acceptance of this unique technology.
Michael Colaco sells 2.8 million Cavotec shares to pay USD 6.7 million to Cavotec
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
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 & Wärtsilä to develop world’s first marine wireless charging and mooring concept
An agreement has been signed between Cavotec Group and Wärtsilä to jointly develop the world’s first combined induction charging and automatic mooring concept.
Cavotec wins port equipment orders worth more than EUR 9 million
News of five separate orders with a combined value of more than EUR 9 million for some of its key innovative technologies, including the Group's MoorMaster automated mooring system and the new Automatic Plug-in System (APS), highlighting the strength and diversity of Cavotec's portfolio.
Cavotec SA — 3Q15 Report
This is a summary of the 3Q15 report published today. The complete 3Q15 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 gears up for Offshore Technology Days
Our offshore technologies experts are preparing for the Offshore Technology Days trade show which gets underway tomorrow at the home of the Norwegian energy industry, Stavanger.