engcon makes historic entrance on Nasdaq Stockholm
engcon was listed on the Nasdaq Stockholm Stock Exchange on Friday the 17th of June 2022. Interest in the listing has been great from institutional investors and private individuals.
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engcon becomes partner in electric venture in World Rallycross Championship
engcon will be one part of the partnership behind the Construction Equipment Dealer Team, CE Dealer Team, competing in the electrified World Rallycross Championship series in 2022. It will be the first time the World Championship will be determined with fully electrified cars, which is a major step towards sustainability in the world of motorsport.
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engcon launches a third generation tiltrotator – designed for smarter, smoother and more efficient digging
engcon, the leading global manufacturer of tiltrotators, quick hitches and accessories for excavators, will launch its third product generation in 2022. To meet future demands, the new tiltrotator system is taking progressive steps towards sustainability, applying smart technology to reduce energy consumption and is adapted ready for the electrification of excavators.
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engcon's new compactor plate increases excavator efficiency and reduces the risk of personal injury
As a further step forward in making the excavator an effective tool carrier, a newly developed compactor plate for excavators in the size 12-24 tonnes is now being launched. The PC6000 compactor plate has been adapted for use under a tiltrotator, increasing the excavator's efficiency whilst reducing risk of personal injury.
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engcon launches a lightweight pallet fork for excavators in the 2-6 tonne range
In the spring of 2022, tiltrotator manufacturer engcon will launch a lightweight pallet fork for excavators in the weight class of 2-6 tonnes. As a result, the work that can be done by these machines is further expanded, which contributes to increased efficiency and profitability.
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engcon launches the EC-Oil automatic quick hitch for tiltrotators on excavators 4-6 tons
engcon, the leading global supplier of tiltrotators, quick hitches and advanced accessories for excavators, will launch its EC-Oil quick hitch system during spring 2022 on the lower quick hitch on the tiltrotator EC206 for excavators in the 4-6 ton weight class. This means that hydraulics, electronics, and central lubrication are connected automatically while the driver remains in the cab.
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The demand for EC-Oil has grown markedly
Being able to connect a tiltrotator or other hydraulic tools without having to step out of the cab continues to gain in popularity. Engcon's statistics show that demand for the automatic quick hitch system with EC-Oil is increasing year on year. From 2019 - 2020, sales of Engcon's automatic quick hitch with EC-Oil have increased globally by 76 percent.
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Engcon establishes a new operation in South Korea
World-leading tiltrotator manufacturer Engcon continues to establish new operations around the world. The most recent opening took place in South Korea, where the company is starting up Engcon Korea Ltd with its own sales and aftermarket staff as well as a network of dealers and service partners. The official start of the company took place at Korea's largest machinery trade fair Conex Korea.
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Engcon's founder Stig Engström receives a medal from H.M. The King of Sweden at the Royal Palace of Stockholm
On January 28, 2021, Engcon's founder and owner Stig Engström was presented with “H.M. The King's Medal of the 12th size with a bright blue ribbon” for his significant contribution to Swedish industry. Due to the pandemic, previously H.M. The King's Medal could not be awarded in person but during a recent medal ceremony at the Royal Palace of Stockholm Stig Engström was able to receive the medal.
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Engcon increases profitability and remains market leader
The construction and contractors sector in 2020 suffered both a loss of turnover and as a consequence, reduced profits. The world-leading tiltrotator manufacturer Engcon also had a reduction in turnover, but still managed to deliver better results compared to 2019, which means improved profitability for the Engcon group.
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Engcon simplifies the transportation and storage of tiltrotators
The introduction of automatic quick hitches has made it easier for excavator operators to disconnect the tiltrotator when extra digging or lifting power is required. On these occasions ground conditions may not be suitable to park the tiltrotator. That's why Engcon is now launching a new stand to transport and store the tiltrotator. It thus solves many transportation and storage challenges.
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Engcon receives an award as one of Sweden's best managed companies for the third year in a row
Engcon, the world-leading tiltrotator manufacturer, has for the third year in a row received the award Sweden's Best Managed Companies, presented by Deloitte in collaboration with Nasdaq. “This is a proof that we run the company in a serious and long-term way. It is with pride that we receive this award”, says Krister Blomgren, CEO at Engcon.
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