News : Ottonel Popesco

Leading port automation companies Continental, Navis and Tideworks Technology have become the newest members of the Port Equipment Manufacturers Association (PEMA), a unique platform for the world port equipment and technology community.
“We are pleased to welcome these key players in the ports industry to PEMA. All three companies’ solutions are built on years of industry experience that we anticipate will be...

Cavotec MSL is pleased to announce that the following milestones have been reached in its move towards listing on the NASDAQ OMX Stockholm:

Approval received from NASDAQ OMX Stockholm Listing Committee

Approval of the Scheme of Arrangement from New Zealand High Court

Decision to not implement a capital increase in conjunction with new listing
On Friday 23 September, the Listing Committee of the NASDAQ OMX...

Cavotec is delighted its shareholders have with a great majority of 92.61% voted at the meeting to support the restructuring which will result in Cavotec shareholders exchanging their shares for shares in a Swiss company, Cavotec SA, with the shares in Cavotec SA to be listed on the NASDAQ OMX Stockholm Exchange.
The next steps in the Cavotec restructuring process are as follows:

(a) Cavotec SA will lodge its...

Cavotec is pleased to announce that its Board of Directors has unanimously approved the acquisition of INET, a leader in the engineering and manufacturing of ground support equipment (GSE) based in USA. The acquisition is an asset deal with the consideration including the issue of 7.7 million shares at NZD 3.30 per share and a potential earn-out of maximum USD 4 million upon fulfilment of certain terms and...

The Port Equipment Manufacturers Association (PEMA) has expanded its membership to 47 with the addition of crane inspection and refurbishment specialist, World Crane Services, and converter, drive and control systems manufacturer, Seoho Electric.
“On behalf of PEMA, I warmly welcome Seoho Electric and World Crane Services to the Association. We look forward to working together on a range of activities as we...

Global engineering group and airport systems integrator, Cavotec, has won a breakthrough order to supply advanced ground support equipment for Dubai International Airport’s new worlds largest, dedicated Emirates Airlines A380 terminal.
Cavotec is delighted to announce its latest award of a multi-million euro contract with leading construction contractor, ALEC to supply, supervise installation and commission 58...

Leading global port equipment and technology suppliers gather to discuss emerging trends and advances in terminal automation at TOC Europe, June 7-9, in Antwerp.
The Port Equipment Manufacturers Association (PEMA) will host a State of the Industry forum at the upcoming TOC Europe 2011 show in Antwerp to discuss advances in technology and equipment for container terminal automation.

Representatives from leading...

In a raft of new projects worth a combined total of some EUR 3 million, the Cavotec engineering group is to deliver ground support systems at several airports in France, in Guinea, in Luxembourg, at Senegal’s new-build Diagne International Airport, and at Doha International Airport in Qatar.
“The technical and geographical scope of these projects illustrate how Cavotec works with a diverse range of partners to...