Cargotec
Cargotec completes the sale of Chinese joint venture
Cargotec has completed the sale of its share of the joint venture Rainbow-Cargotec Industries Co Ltd (RCI) in China. As part of the agreement, Cargotec acquired certain operations and assets of the joint venture from Jiangsu Rainbow Heavy Industries Co Ltd. (RHI), and approximately 160 employees have moved over from RCI to Kalmar. On 11 May […]
04/06/2020 - 01:45 am
Planned changes to structure of Cargotec’s joint venture in China
Cargotec and Jiangsu Rainbow Heavy Industries Co Ltd (RHI) are planning to change the ownership structure of their joint venture Rainbow-Cargotec Industries Co Ltd (RCI) in China. The joint venture was established in 2012, and since then, RCI has successfully manufactured port and offshore cranes for Kalmar and MacGregor business areas at the factory in […]
11/05/2020 - 11:38 am
New Issue
LHA Summer 2023
In this month's issue
