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Cavotec to accelerate focus on cleantech - will invest 20 million euro to solidify leading position in expected multibillion euro market

Cavotec to accelerate focus on cleantech - will invest 20 million euro to solidify leading position in expected multibillion euro market

Press releases   •   May 12, 2021 05:04 GMT

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.

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We are on a mission

We are on a mission

“We are on a mission,” says Cavotec CEO Mikael Norin. “Since a picture says more than a thousand words we’ve put together a film to expla...

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