Topics: Industry, manufacturing

25 April 2025 05:11

Cavotec Q1 2025 report: Strengthened financial position and results that reflect the project-driven business

“This quarter reflects our project-driven business, where revenue and earnings may fluctuate between quarters depending on which projects we invoice. We are seeing an increasingly uncertain global environment, while our business remains fundamentally strong with solid demand, and we have continued to strengthen our financial position during the quarter. The order intake should be viewed in the con

8 April 2025 15:34

Cavotec Launches MCS Manual Dispenser for Ultra-Fast Charging of Heavy-Duty Electric Vehicles and Vessels

Cavotec is proud to announce the launch of the MCS Manual Dispenser, designed to support the Megawatt Charging System (MCS) for high-power charging applications. Perfect for industries such as mining, construction, ports, and transportation, this new solution delivers up to 4.5 MW of charging power, efficiently powering electric heavy-duty vehicles, construction machinery, e-trucks and vessels.

8 April 2025 15:30

Cavotec Unveils Next Generation Radio Remote Controls at Bauma Europe 2025

Cavotec proudly announces the launch of its next generation radio remote controls. Designed for unmatched flexibility, reliability, and ergonomic comfort, these new systems are set to redefine operator control in demanding industrial environments. The official unveiling will take place at Cavotec's booth B4.314 at Bauma Europe 2025.
Engineered for optimal performance across various applications

31 March 2025 08:27

Cavotec Publishes Annual and Sustainability Report 2024

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

28 March 2025 07:44

Cavotec to Unveil New Products at Bauma Europe 2025

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

21 February 2025 06:05

Solid financial improvements in 2024

“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

10 February 2025 07:02

Cavotec signs order for automated mooring system for Port of Dublin

Cavotec has signed a multi-million euro order for its MoorMaster™ NxG automated mooring system to be installed at Port of Dublin in Ireland.

31 January 2025 07:05

Cavotec supports Qwello’s expansion of EV charging stations with spring cable reels across Europe

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.

8 November 2024 07:11

Cavotec Q3 2024 report: Strengthened profitability

“The improved profitability demonstrates that we are on the right track to build a stronger Cavotec. The markets we target are to an increasing extent driven by new regulations in the environmental field and the urgent need to reduce emissions. This, combined with our ability to further enhance our offer, gives us good momentum to continue growing with both new and existing customers.” David Pagel

5 July 2023 09:30

Cavotec enables Europe’s first shore power connection of tanker vessel

The Swedish port of Gävle recently became one of the first in the world to successfully connect a tanker vessel to a shoreside electricity system provided by Cavotec.

24 October 2022 06:00

Cavotec launches ultra-fast Megawatt Charging System for battery-powered vehicles

Heralding a major breakthrough in industrial e-vehicle and e-vessel charging, global engineering group Cavotec has launched its ultra-fast Megawatt Charging System (MCS). Providing up to 3MW of power from a single connector, the MCS is a turnkey DC charging solution with grid-to-inlet functionality that supports the decarbonisation of industrial vehicles and ships.

20 October 2022 07:37

A new charging system set to transform the market

We’re launching a brand-new charging solution at Bauma 2022 that is set to transform operational safety and efficiency at industrial applications all over the world. We’ll also be exhibiting our existing range of powerful charging and electrification technologies at the event that kicks off in Munich on 24th October. #bauma #evinfrastructure #emobility #constructionindustry #mining #tunneling

27 April 2022 07:13

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.

25 April 2022 06:34

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.

11 April 2022 07:49

Foot on the accelerator

Cavotec CEO Mikael Norin has recorded a video message in which he speaks about our performance in 2021 and the success of our focus on cleantech solutions for ports and industrial applications, and how Cavotec is now at an inflection point, where previously niche markets are becoming mass markets.

28 January 2022 08:40

Mikael Norin to leave position as CEO of Cavotec in 2022

Mikael Norin has decided to leave his position as Group CEO of Cavotec. Norin is expected to leave the company later in the year when a successor is in place.

28 May 2021 08:39

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.

27 May 2021 07:00

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.

17 May 2021 08:00

Cavotec wins multi-million euro cleantech contract. Shore power to cut ship emissions by 90% in Malta's Valletta Grand Harbour.

Cavotec has been awarded a contract by Nidec ASI as part of their EUR 12 million deal to provide ShorePower to five cruise liner berths at Malta’s Valletta Grand Harbour. The project is part of a major EU funded initiative by Infrastructure Malta to electrify the entire harbour and reduce harmful portside ship emissions by 90%.

12 May 2021 05:04

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.