Hiab gains additional order for the Finnish Defenc

CARGOTEC CORPORATION, PRESS RELEASE, 29 MARCH 2017 AT 1.00 PM EEST

Hiab, part of Cargotec, has won a major additional order from Scania Finland to supply 69 MULTILIFT XR21Z hooklifts and 7 HIAB X188 cranes to the Finnish Defence Forces. The value of the order is  around EUR 2.5 million and it has been booked into Cargotec's 2017 first quarter order intake.

The Finnish Defence Forces is continuing to renew its equipment and is now using the remaining options in its original request for tenders. The original order in 2014 comprised 172 MULTILIFT XR2IZ hooklifts, 13 HIAB X188 cranes and 16 MULTILIFT CHU container handling units. The value of that order was approximately EUR 6.4 million. 

"The equipment we have delivered to the customer has met its expectations, due to which our cooperation with Scania Finland continues to prosper. Deliveries for the latest order will commence this year and will be completed in the first quarter of 2018," says Tom Suomela, Head of Hiab Sales, Finland.  

For further information in English and Swedish please contact: Stefan Karlsson, VP Hiab Markets, North Europe, tel. +46 725 298 667, stefan.karlsson@hiab.com For further information in English and Finnish please contact: Tom Suomela, Head of Hiab Sales, Finland, tel. +358 40 761 0737, tom.suomela@hiab.com Hanna-Kaisa Talvensaari, Senior Communications Manager, Hiab, tel. +358 40 758 1572,  hanna-kaisa.talvensaari@hiab.com

Hiab is the world's leading provider of on-road load handling equipment. Customer satisfaction is the first priority for us. Around 3,000 professionals at Hiab work to provide high-performance products and services that meet customer needs globally. Our product range includes HIAB loader cranes, JONSERED recycling and forestry cranes, LOGLIFT forestry cranes, MOFFETT truck mounted forklifts and MULTILIFT demountables, as well as DEL, WALTCO and ZEPRO tail lifts. www.hiab.com

Hiab is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2016 totalled approximately EUR 3.5 billion and it employs over 11,000 people. www.cargotec.com