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Cavotec information


Cavotec SA
Company typePublicly traded
Traded as
(Nasdaq Stockholm: CCC)
Founded1974 as Specimas AB and renamed as Cavotec in 1976
HeadquartersLugano, Switzerland
Area served
Global
Key people
Patrik Tigerschiöld, Chairman
Mikael Norin, CEO
Revenue€ 212,400,000
Number of employees
988 (2017)[1]

Cavotec is a global engineering group, headquartered in Lugano, Switzerland, and listed on the Nasdaq OMX in Stockholm, Sweden.

The group is made up of some 35 sales companies and seven “Centres of Excellence”. It designs and manufactures automation and electrification technologies that are used to operate mobile equipment at ports, airports, and a variety of industrial sectors.

The business is divided into three divisions: Ports & Maritime, Airports & Industry, and Services.[2]

Cavotec listed on the NASDAQ OMX Stockholm stock exchange on October 19, 2011.[3] Mikael Norin was appointed Cavotec CEO in June 2017, replacing Ottonel Popesco.[4]

  1. ^ "Annual Report 2017".
  2. ^ "About Cavotec, Cavotec website".
  3. ^ "Nasdaq announcement".
  4. ^ "Cavotec press release".

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