Cavotec365: a Cavotec image for every day of 2013

Around the world and around the clock, Cavotec technologies are ensuring a broad range of industries operate safely, efficiently and sustainably. 

A container port works through the night

To demonstrate how and where our systems do this, we plan to post an image of Cavotec equipment on our Twitter feed every day of 2013 in a campaign we’re calling Cavotec365.

We hope that Cavotec365 will trigger the interest of anyone with a passion for innovative technologies, the Cavotec brand, or even photography.

We’ll  start with our own images, but we’ll also be asking Cavotec colleagues, friends and customers to send in their own shots of Cavotec applications.

Look out for the #Cavotec365 hashtag from the 1st of January.


Cavotec order for fuel hydrant systems at USAF base

Cavotec receives order for fuel hydrant equipment at USAF base in UK

We have received an order from US Air Force base RAF Mildenhall to supply advanced ground support equipment.

The order includes Cavotec fuel hydrant pits on the apron as well as specialist equipment such as high point vent and low point drain pits. As part of the contract, Cavotec will also supply specialist off apron, rolling cover pits such as test and flush pits and prefabricated tank truck refuelling pits.

Mildenhall is situated in Suffolk, England and became a joint USAF-RAF operation base in 1950. The host unit is the 100th Air Refuelling Wing, which provides in-flight refuelling to US and NATO aircraft. Cavotec also supplies ground support equipment for a number of military bases in the UK, including RAF Brize Norton in Oxfordshire, the largest station of the Royal Air Force.


Cavotec at a number of major trade shows in March 2012

Cavotec will be at a number of high-profile trade shows in March 2012

March is set to be yet another busy much for trade shows, with innovative engineering group Cavotec present at events in USA, China, Europe, South America and the Middle East. Please get in touch with us via e-mail, Twitter or Facebook (details below) if you are planning to attend one of these events and would like to arrange a meeting.

7-9 March: Cygnus Aviation Expo in Las Vegas, USA.

13-15 March: WETEX in Dubai, UAE.

13-15 March: TOC Asia in Hong Kong, China.

13-15 March: Stocexpo in Rotterdam, NL.

19-20 March: The Spring Conference in Washington, USA.

20-22 March: Kingdoms Airports Expansion summit in Jeddah, Saudi Arabia.

27 March-1 April: Fidae Santiago de Chile in Santiago de Chile.

27-29 March: On & Offshore in Gorinchem, NL.

For further details please contact Michael Scheepers, Director Investor Relations & PR: michael.scheepers@cavotec.com

To find out more about Cavotec, please visit our website. For updates on Cavotec projects, technologies and industry news, take a look at our blog or connect with us via Twitter or  Facebook.


Exciting new prize for outstanding advances in engineering

Exciting new prize for outstanding advances in engineering

The Queen Elizabeth Prize for Engineering is a pioneering new award designed to recognise and encourage innovation in engineering. The £1 million prize, officially launched this month, is international and aims to show how engineering can make a difference to the world.

The initiative is a result of the growing appreciation by business, industry and policy leaders of the need to focus attention on engineering worldwide. According to the official website, the Royal Academy of Engineering will award the Prize, “every other year to an individual or team of up to three people, of any nationality, responsible for advancing the application of engineering knowledge”.

An independent charitable trust, the Queen Elizabeth Prize for Engineering Foundation, has been set up and a number of engineering companies have donated to an endowment fund to provide the prize money. The Royal Academy of Engineering will deliver the Prize on behalf of the trust.

British Prime Minister David Cameron was present at the launch event. During his speech he said, “I am delighted that the Queen has put her name to this prestigious prize, which I hope will carry the same stature as the Nobel Prizes. For too long Britain’s economy has been over-reliant on consumer debt and financial services. We want to rebalance the economy so that Britain makes things again – high-skilled high-value manufacturing and engineering should be a central part of our long-term future.”

Labour leader Ed Miliband also supported the Prize: “Just as engineering has helped us meet the big challenges in the past, it will be engineering that helps us meet new challenges.”

 

The first Queen Elizabeth Prize for Engineering will be presented in early 2013.

 

You can read British Prime Minister David Cameron’s full speech here.


NASDAQ OMX welcomes Cavotec to Stockholm

NASDAQ OMX welcomes Cavotec to Stockholm

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.

You can watch the ceremony here.

“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.


Cavotec now ready to list on NASDAQ OMX in Stockholm

We are pleased to announce that our proposed share listing on the NASDAQ OMX Stockholm has moved a step closer following approval of the proposal by the NASDAQ OMX Stockholm Listing Committee and the green light from the High Court in New Zealand.

Last week, the Listing Committee of the NASDAQ OMX Stockholm approved Cavotec’s proposed listing on the OMX. This approval, conditional on the completion of administrative steps and final registration of the listing prospectus by the Swedish Financial Supervisory Authority, is a critical step for the company to move its listing from the NZX in New Zealand to the  OMX.

Another significant milestone was reached on Monday with the New Zealand High Court granting Cavotec permission to implement its proposed Scheme of Arrangement and to continue the process of delisting from the NZX.

“The approval received from the NASDAQ OMX Stockholm Listing Committee represents a milestone for our company as it signals a clear acceptance of Cavotec into part of one of the world’s largest stock exchanges,” says Cavotec CEO, Ottonel Popesco.

“The authorisation from the New Zealand High Court to continue our proposed Scheme of Arrangement clears the way to structure the Group for sustained future growth.”

The Board remains confident ahead of its proposed listing on the OMX. The strong order book of EUR 102.1 million at the end of August is the result of a broad product offering and global presence – two key elements of Cavotec’s continued success as a supplier of innovative and sustainable system integration of power, fuel and air supply between fixed and mobile equipment.