Global engineering group Cavotec’s new listing on the NASDAQ OMX Stockholm was marked with a special ceremony in the Swedish capital today. Cavotec CEO Ottonel Popesco rang the bell at 9.00am CET to signify the first day of trading. He then made a short speech before being interviewed by the NASDAQ OMX media team.
“We are delighted to have successfully completed the move to the NASDAQ OMX Stockholm. This is an important milestone in Cavotec’s development that reflects our geographical footprint in that we have substantial presence in Europe and where the importance of Asia, the Americas and other key areas continue to grow,” said Ottonel Popesco.
In recent years, Cavotec has made substantial strategic investments in innovative products — such as automated mooring systems, Alternative Maritime Power for ships and in-ground utility systems for aircraft — and in a global network of companies. As a result, the Group has a well-established presence in more than 27 countries in a wide variety of sectors. Its activities are broadly divided across four market units: Ports & Maritime, Airports, Mining & Tunnelling and General Industry.
“We are very happy to be here at the NASDAQ OMX Stockholm, and we look forward to a long and mutually beneficial partnership in the years ahead,” added Michael Scheepers, Director, Investor Relations & PR.
We launched two films last week: a tantalising taster of our upcoming corporate film, and a special short film all about our award-winning automated mooring technology MoorMaster™. Both films feature footage from our brand new film set for release on October 19th, the same day the Cavotec share is set for listing on the Nasdaq OMX Stockholm.
Highlights from the trailer include footage from our automated mooring units in Denmark, Canada and Australia, shore-to-ship Alternative Maritime Power systems at the Port of Los Angeles and our ground support equipment at Frankfurt International Airport.
The MoorMaster™ film shows the units in action at the Port of Hov in Denmark and at Utah Point berth in Port Hedland, Western Australia. You can also watch this video on You Tube or Daily Motion now.
Our new film, packed with motorised cable reels, aircraft ground support systems and automated mooring units, was shot at eight locations in Europe, Australia and the US during a two-week whirlwind tour made in May and June this year.