2013-03-08 10:30:00 CET

2013-03-08 10:30:44 CET


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Cargotec - Company Announcement

Cargotec's Kalmar gains large port equipment order from Venezuela


CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 8 MARCH 2013 AT 11.30 A.M. (EET)


Cargotec's Kalmar has secured a large order for port equipment to Venezuela's
government-owned port operator Bolivariana de Puertos (Bolipuertos), S.A. The
order is one of the largest single port equipment contracts to be delivered to
Bolipuertos by Kalmar and reflects the operator's rapid expansion in container
and industrial handling applications at its Puerto Cabello and La Guaira
locations. The parties have agreed not to disclose the exact value of the order.

The portfolio of equipment, which is scheduled for delivery starting May 2013,
includes 30 Kalmar reachstackers, four empty container handlers, eight heavy
forklifts, nine light forklifts, seven heavy terminal tractors, 41 medium
terminal tractors and one zero emission rubber-tyred gantry crane.

Ingo Erhardt, Vice President, Head of South America at Kalmar commented: "We are
delighted that Bolipuertos have again selected Kalmar as their preferred partner
with such a large equipment order. Kalmar's dedicated manufacturing centres
around the globe are able to respond by fulfilling this extensive order within a
short time scale. It also reflects the trusted relationship we have developed
over the years through providing innovative technological solutions and
excellent service. Last year, for example, we created a dedicated service team,
based in Brazil, which can quickly respond to Bolipuertos' machine service needs
across their various port and terminal locations."

Venezuelan government is investing in its two main non petroleum export ports
Puerto Cabello and La Guaira to respond to the increasing efficiency and
capacity demands for cargo handling. Once the Puerto Cabello expansion project
is finished, the port will have an annual capacity of 700,000 containers while
La Guardia, the country's second largest container port, will handle 600,000
TEUs. Kalmar's container handling equipment will be delivered at both of these
ports.


Further information for the press
Ingo Erhardt, Vice President, Head of South America, Kalmar, tel.
+1 305 439 7876
Maija Eklöf, Vice President, Communications, Kalmar, tel. +358 20 777 4096,
maija.eklof@cargotec.com

Further information for investors
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084


Cargotec improves the efficiency of cargo flows on land and at sea - wherever
cargo is on the move. Cargotec's brands MacGregor, Kalmar and Hiab are
recognised leaders in cargo and load handling solutions around the world.
Cargotec's global network is positioned close to customers and offers extensive
services that ensure the continuous, reliable and sustainable performance of
equipment. Cargotec's sales totalled EUR 3.3 billion in 2012 and it employs
approximately 10,500 people. Cargotec's class B shares are quoted on NASDAQ OMX
Helsinki under symbol CGCBV. www.cargotec.com

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