Hiab Corporation

Hiab Corporation
Native name
Hiab Oyj
FormerlyCargotec Corporation
Company typeJulkinen osakeyhtiö
Nasdaq HelsinkiHIAB
IndustryIndustrial machinery
PredecessorCargotec
FoundedJune 2005 (2005-06)
Headquarters,
Area served
Worldwide
Key people
  • Jukka Moisio (Chairman)
  • Scott Phillips (President and CEO)
  • Mikko Puolakka (CFO)
ProductsHiab: loader cranes, forestry and recycling cranes, demountables, truck-mounted forklifts and tail lifts

Formerly:
Kalmar: automation and integration solutions for terminals, straddle and shuttle carriers, reachstackers, empty container handlers, terminal tractors and forklift trucks, spreaders and bulk handling systems
MacGregor: hatch covers, lashing systems, cargo handling cranes, RoRo equipment, winches and offshore load handling systems

Revenue
  • €1,556 million (2025)
  • €213 million (2025)
  • €164 million (2025)
Total assets
  • €1,628.2 million (2025)
Total equity
  • €1,010.0 million (2025)
OwnerHerlin family (ca. 69% of votes)
Number of employees
4,053 (December 2025)
Websitewww.hiabgroup.com
Footnotes / references

Hiab Corporation (natively Hiab Oyj; formerly Cargotec Corporation, natively Cargotec Oyj) is a Finnish industrial machinery company. It provides on-road load-handling solutions for various customer groups, which the company refers to as essential industries.

Hiab's offering consists of loader cranes (Hiab, Effer, Argos and Ing brands), truck-mounted forklifts (Moffett and Princeton), Loglift forestry cranes, Jonsered recycling cranes, Multilift demountables and hooklifts, Galfab roll-off cable hoists and tail lifts (Zepro, Del and Waltco brands). Hiab's service brand is Hi-Perform.