Independent journal on economy and transport policy
20:37 GMT+1
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Cargotec will install the headquarters of the activities of MacGregor to Singapore
Confirmed the possibility to place the division on the securities market
February 12, 2013
The Cargotec group, specialized in the means production of raising, will install to Singapore the headquarters of that which will become the parent company of the activities of the MacGregor division, than takes care of systems for the marine transport and the offshore industry. The Finnish group has specified that, consequently, management of MacGregor will be based to Singapore. Moreover Cargotec has confirmed that it under consideration has a quotation with separated line of MacGregor on the base of the market conditions.
Cargotec has explained that Singapore constitutes a base consolidated into the fields of the marine transport and the offshore industry and is center of numerous societies quoted in Stock exchange and this - has specified the Finnish group - will allow with MacGregor to develop for entire own potentialities of creation of the value, included the segment of the services. "Thanks to its vicinity to our Asian customers and partner - it has found president of MacGregor, Mikael Mäkinen - we are convinced that Singapore is the best resort for the center. Since beyond 70% of the sales of MacGregor they are already generated in the region of Asia and the Pacific, we consider that to establish our center to Singapore it could represent a natural development for our activities".
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The Cargotec group, specialized in the means production of raising, will install to Singapore the headquarters of that which will become the parent company of the activities of the MacGregor division, than takes care of systems for the marine transport and the offshore industry. The Finnish group has specified that, consequently, management of MacGregor will be based to Singapore. Moreover Cargotec has confirmed that it under consideration has a quotation with separated line of MacGregor on the base of the market conditions.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
