OREANDA-NEWS. On August 27, 2009 Cargotec Estonia AS, Estonian subsidiary of the cargo handling equipment manufacturer Cargotec, opened a 300 million kroon (EUR 19 mln) plant and office building in this northeastern Estonian border city.

The builder was YIT Ehitus AS.

Cargotec manufactures cargo handling equipment for ports, ships, storage terminals and industry. The company listed on the Helsinki stock exchange is active in 160 countries.

Cargotec Estonia exports all of its output.