Kalmar gains order for 25 reachstackers to Algerian port operator

CARGOTEC CORPORATION, PRESS RELEASE, 23 MAY 2013 AT 9 AM (EEST)

Kalmar, part of Cargotec, has been awarded an order for 25 reachstackers by the Algerian port procurement company, Groupament D'Interêt Commun Des Entreprises Portuaires (GICEP).  The delivery of the Kalmar reachstackers is scheduled over the next six months to five of the most important ports in Algeria: Annaba, Skikda, Algiers, Mostagannem and Ghazaouet. The value of the order is approximately EUR 10 million.

Mr Saidi Mabrouk, General Manager at GICEP, commented: "It was very important for us to find a partner that could deliver a combination of high performance equipment and excellent technical support.  Kalmar's response met with these objectives exceptionally well. 

"We knew of Kalmar's brand reputation and expected the DRF 450 reachstacker to offer impressive productivity. But we were particularly impressed with the strength of their locally based service team.  When you're responsible for running five busy ports, maintaining operational efficiency and productivity is critical.  We previously had experience of operating Kalmar reachstackers at our Algiers port and found them to be very reliable and productive", he added.

Eduardo Prat, Vice President, Kalmar South EMEA, said, "We are delighted to be developing our relationship with GICEP. The Kalmar F-generation machines have the capacity to stack five containers high in two rows, are easy to operate and feature good all-round visibility. The quality and durability we build into these machines also results in low running costs and attractive residual values.  We work hard to exceed our customers' expectations and this clearly was a key factor in Kalmar winning this important tender".

Further information for the press:
Eduardo Prat, Vice President, Kalmar South EMEA, tel. +34 609 02 95 00, eduardo.prat@cargotec.com
Maija Eklöf, Vice President, Communications, Kalmar, tel. +358 20 777 4096, maija.eklof@cargotec.com

Further information for investors
Eeva Sipilä, Executive Vice President, CFO, tel. +358 20 777 4104

Kalmar offers the widest range of cargo handling solutions and services to ports, terminals, distribution centres and to heavy industry. Kalmar is the industry forerunner in terminal automation and in energy efficient container handling, with one in four container movements around the globe being handled by a Kalmar solution. Through its extensive product portfolio, global service network and ability to enable a seamless integration of different terminal processes, Kalmar improves the efficiency of every move. www.kalmarglobal.com

Kalmar is part of Cargotec. Cargotec's sales totalled EUR 3.3 billion in 2012 and it employs approximately 10,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com