About Cargotec
Cargotec is a company based in Madrid (Spain) founded in 2005. The company has 4,230 employees. Cargotec has completed 3 acquisitions, including HATLAPA Uetersener Maschinenfabrik, Interschalt and Kaleris. Cargotec offers products and services including Loader Cranes and Tail Lifts.
- Annual Revenue₹136 Cr
FY 2025 · +26% YoY
- Net Profit₹10.72 Cr
FY 2025 · 8% margin
- EBITDA₹14.94 Cr
FY 2025 · 11% margin
- Latest Funding Round$952.2 K (USD), Grant
Jul 2020
- Investors
- Employee Count4,230
- Investments & AcquisitionsHATLAPA Uetersener Maschinenfabrik
& 2 more
Associated legal entities of Cargotec
Cargotec operates through Kalmar India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kalmar India Private Limited CIN U29150MH2007FTC195775 | Active | 14 Feb 2007 | Thane, Maharashtra | ₹136 Cr | 62 | 6 | View details |
Products & Services of Cargotec
Cargotec offers a comprehensive portfolio of products and services, including Loader Cranes and Tail Lifts.
Loader cranes are developed and manufactured for lifting and handling loads in various sectors
Tail lifts are produced to facilitate safe and efficient loading and unloading of vehicles
Apps and channels of Cargotec
its YouTube channel Hiabglobal has 9.88K subscribers and 30 videos.
Videos from Cargotec
The most watched videos on Cargotec's YouTube channel, Hiabglobal (9.88K subscribers). Click a video to play it here.
More on Hiabglobal.
Funding Insights of Cargotec
- Total Rounds 4
- Last Round Grant — $952,196
- Investors Count 1
All 4 funding rounds of Cargotec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2020 | $952,196 | Grant | – | – | |
| Jun 2020 | $1.1M | Grant | – | – | |
| Mar 2019 | $821,000 | Grant | – | – | |
| Jun 2013 | – | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in Cargotec
Cargotec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Cargotec
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Kalmar India Private Limited (Cargotec)
Kalmar India Private Limited is the primary company behind Cargotec. The board of Kalmar India Private Limited currently have 5 directors; the longest-serving is Bijoo Uttamkumar Ramrakhiani, appointed in 2019. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bijoo Uttamkumar Ramrakhiani DIN 06500539 | Director | 22 Oct 2019 | 6 yrs 11 mo | Kalmar India Private Limited |
| Gino Deramo DIN 08822410 | Director | 05 Oct 2020 | 6 yrs | Kalmar India Private Limited |
| Vikram Bhaskar Nayak DIN 10050004 | Managing Director | 24 Jan 2023 | 3 yrs 8 mo | Kalmar India Private Limited |
| Alejandaro Martinez Polo DIN 10710065 | Director | 22 Jul 2024 | 2 yrs 2 mo | Kalmar India Private Limited |
| Vili Mikael Kalevi Hytinantti DIN 10712677 | Director | 22 Jul 2024 | 2 yrs 2 mo | Kalmar India Private Limited |
People of Cargotec
210 people are tracked at Cargotec (50 in leadership, 160 in team); the tracked headcount is 4,230.
| Name | Role | Group |
|---|---|---|
Casimir Lindholm | CEO | Leadership |
Scott Phillips | President | Leadership |
Mikko Puolakka | EVP & CFO | Leadership |
Taina Tirkkonen | Executive Vice President, General Counsel | Leadership |
Sanna Ahonen | VP, Strategy, Business Development, & Sustainability | Leadership |
Jim Maxwell | Vice President Finance - Hiab USA | Leadership |
Birgitte Skade | VP, Marketing & Communications | Leadership |
Manoj Abhyankar | Director Finance & Business Control | Leadership |
Michał Grzybek | Production Director Value Stream Manager | Leadership |
Martin Skogmalm | Head Of Integrations, M&a | Leadership |
José-Miguel Paz-Peñuelas | Operations Director | Leadership |
Jussi Peltoniemi | Director Of Operations | Leadership |
Pamela Halminen | Executive Assistant To President And CEO | Leadership |
Paweł Falkowski | Director Of Sales & Services, Poland | Leadership |
Anders Nelson | R&d Director | Leadership |
Jesus Lozano Lopez | Director R&d, Hiab Loader Cranes, Heavy & Super Heavy | Leadership |
Ghita Jansson-kiuru | VP, Human Resources | Leadership |
Heini Knudsen | Event Manager - Global Events & Partner Communication | Leadership |
Tapio Haantie | Director, Iot, Cloud And Predictive Services | Leadership |
Jonas Nilsson | Director Digital Marketing | Leadership |
190 more people are available in the full profile.
Complete people profiles for Cargotec
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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IPO & Listings of Cargotec
Cargotec is a publicly listed company on the OMXHEX with ticker symbol HIAB in Finland, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date03 Jun 2005
- Listed onATHEX: CGCBV
- Listed entityHiab Oyj Class B
- Exchange sectorProducer manufacturing
- ISINFI4000571013
- Share price55.95 EUR (+0.27% on the day) · 2026-10-09
- Market capitalisation3,598,169,555.00 EUR
- Price to earnings28.7
- EPS (diluted, trailing year)1.95 EUR
- Dividend yield2.05%
- Volume (last session)1,489
Financials of Cargotec
Figures of Kalmar India Private Limited, the primary company behind Cargotec, for FY 2025. Revenue was ₹136 Cr (+26% year on year). Net profit was ₹10.72 Cr (8% margin). EBITDA was ₹14.94 Cr (11% margin). Revenue has grown at a compounded annual rate of +6% over three years and -4% over five years.
- ₹136 CrRevenue · FY 2025 · +26% YoY
- ₹10.72 CrNet profit · 8% margin
- ₹14.94 CrEBITDA · 11% margin
- ₹91.56 CrPaid-up capital
- 62Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- -4%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 1.55B EUR | 164.0M EUR | 266.4M EUR |
| 2024 | 1.65B EUR | 1.07B EUR | 479.9M EUR |
| 2023 | 1.78B EUR | 346.9M EUR | 325.4M EUR |
| 2022 | 4.17B EUR | 23.9M EUR | 544.9M EUR |
| 2021 | 3.32B EUR | 246.5M EUR | 299.6M EUR |
Balance sheet, profit and loss, cash flow and ratios of Kalmar India Private Limited are on its company page.
Detailed financial statements for Cargotec
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
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Investments & Acquisitions by Cargotec
Cargotec has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include HATLAPA Uetersener Maschinenfabrik, Interschalt and Kaleris.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of software solutions for maritime logistics | interschalt.com | Schenefeld, Germany | 1954 | Jan 2016 | •••• | |
Pumps and compressors for marine and industrial uses are manufactured. | hatlapa.de | Germany | 1919 | Oct 2013 | •••• | |
Cloud-based solutions for shipping and port management are offered. | navis.com | Oakland, United States | 1988 | Jan 2011 | $190.0M |
Complete acquisition details for Cargotec
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Cargotec
7 dated milestones of Cargotec across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Cargotec is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Kaleris.
- Funding First funding round.
- Acquisition Acquires HATLAPA Uetersener Maschinenfabrik.
- Acquisition Acquires Interschalt.
- Funding Latest funding round, Grant, of $952K.
Web traffic of Cargotec
The website of Cargotec (cargotec.com) receives about 2K visits a month.
- Monthly visits2K
▼ 20.9% vs previous month
Websites whose visitors overlap most with Cargotec. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
siwertell.com | siwertell.com | 100% | – | – | – |
maritime-connector.com | maritime-connector.com | 94% | – | – | – |
crsl.com | crsl.com | 78% | – | – | – |
en.wikipedia.org | en.wikipedia.org | 34% | – | – | – |
| hiab.com | 34% | 144.9K | #269,996 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Cargotec
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Cargotec
Complete news archive for Cargotec
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Cargotec
10 companies that operate in the same segment as Cargotec (Ship Design & Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Shipbuilding and machinery segments are operated worldwide. | 1972 | Ulsan, South Korea | – | USD 12.17 B | 14,540 | |
Engines, marine propulsion systems, and parts are manufactured and distributed. | 1939 | Fond Du Lac, Wisconsin, United States | – | USD 1.91 M | – | |
Marine components are manufactured, ships repaired, and management services provided. | 1927 | Gorinchem, South Holland, Netherlands | USD 29.3 M | – | – | |
Provider of ship building and repair services | 1886 | North Vancouver, British Columbia, Canada | – | – | 1,415 | |
Bespoke luxury yachts are designed and built to client specifications. | 1958 | Ameglia, Liguria, Italy | USD 64.38 M | USD 1.18 B | 1,660 | |
Ship design and engineering services are provided globally. | 1972 | Kochi, Kerala, India | – | USD 535.26 M | 3,540 | |
Ship design and engineering services are provided to maritime clients. | 2007 | Virginia Beach, Virginia, United States | USD 10 M | – | 622 | |
Ship building and repair equipment is manufactured by CSSC. | 1982 | Haidian, Beijing, China | – | USD 21.68 B | 14,990 | |
Boats and marine parts are manufactured and designed. | 1845 | Vernon Hills, Illinois, United States | – | USD 5.36 B | – | |
Designs and develops ships | 1934 | Mumbai, Maharashtra, India | – | USD 1.39 B | 6,040 |
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Frequently Asked Questions about Cargotec
Cargotec was founded in 2005 and raised its 1st funding round 8 years after it was founded.
Cargotec is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Casimir Lindholm is the current CEO of Cargotec.
Cargotec has 4,230 employees.
The primary company behind Cargotec, Kalmar India Private Limited, reported revenue of ₹136 Cr for FY 2025, up 26% year on year.
Cargotec was founded in 2005 and is headquartered in Madrid, Spain. Operations focus on the manufacturing sector, where loader cranes, tail lifts, and hooklifts are produced for on-road applications across multiple industries. Equipment is engineered to support load handling processes, with emphasis placed on safety, efficiency, and sustainability. Development incorporates ongoing innovation to meet operational needs in diverse geographic markets.
Cargotec offers Loader Cranes and Tail Lifts.
Yes, Cargotec is publicly traded on OMXHEX under the ticker symbol HIAB.
Cargotec has made 3 acquisitions, including HATLAPA Uetersener Maschinenfabrik, Interschalt, and Kaleris.
Cargotec has 1 investor. Key investors include European Union.
Cargotec operates through Kalmar India Private Limited.
The legal entities of Cargotec currently have 6 directors, including Bijoo Uttamkumar Ramrakhiani, Gino Deramo, Vikram Bhaskar Nayak and others.