What is "cavotec"

'''Cavotec ''' is an international engineering group, headquartered in Lugano, Switzerland.

Cavotec supplies the ports and maritime, airports, mining and tunnelling, and general industry sectors with power transmission, distribution and control technologies that form the link between fixed installations, in airports, ports and mines, and mobile equipment such as aircraft, ships, mining equipment and cranes.

Cavotec’s business concept is to design, engineer and sell innovative products and systems designed to enable industries to improve efficiency, profitability, productivity and environmental sustainability.

All engineering and most manufacturing of Cavotec’s products and systems takes place at nine specialised engineering Centres of Excellence in Germany (three), Sweden, Norway, Italy, the United States (two) and New Zealand.

Cavotec listed on the NASDAQ OMX Stockholm stock exchange on October 19, 2011.