Cavotec
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|
| Publicly traded | |
| Traded as | (Nasdaq Stockholm: CCC) |
| Founded | 1974 as Specimas AB and renamed as Cavotec in 1976 |
| Headquarters | Lugano, Switzerland |
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Area served
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World |
|
Key people
|
Stefan Widegren, Chairman Ottonel Popesco, CEO |
| Revenue | € 227,704,000 (2013) |
| Profit | € 12,192 (2013) |
| Total assets | € 219,637,000 (2013) |
| Total equity | € 108,769,000 (2013) |
|
Number of employees
|
916 (2013) |
| Website | www.cavotec.com |
Cavotec is an international engineering group, headquartered in Lugano, Switzerland.
Cavotec supplies the ports and , airports, mining and tunnelling, and general industry sectors with power transmission, distribution and control technologies that form the link between fixed installations, in airports, ports and mines, and mobile equipment such as aircraft, ships, mining equipment and cranes.
Cavotec’s business concept is to design, engineer and sell innovative products and systems designed to enable industries to improve efficiency, profitability, productivity and environmental sustainability.
All engineering and most manufacturing of Cavotec’s products and systems takes place at nine specialised engineering Centres of Excellence in Germany (three), Sweden, Norway, Italy, the United States (two) and New Zealand.
Cavotec listed on the NASDAQ OMX Stockholm stock exchange on October 19, 2011.
Cavotec designs, manufactures and supplies Moormaster™, a vacuum-based mooring technology that eliminates the need for conventional mooring lines. Remote-controlled vacuum pads recessed in, or mounted on, the quayside, moor and release vessels in seconds.
Cavotec produces Alternative Maritime Power (AMP) shore-to-ship power systems designed to enable ships to switch off their engines and plug into shore-side electricity in an effort to reduce emissions from ships' auxiliary diesel engines when in port.
Other products include Marine Propulsion Systems (MPS), cable reels and crane controllers for RTGs, Motorised Cable Reels for horizontal and vertical use power cranes at ports, Panzerbelt - a patented cable protection system that protects the cables powering ship-to-shore cranes and comprehensive range of collector columns (sliprings) that supply electrical power and signalling.
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Wikipedia