Kalmar launches five-year Move2Green program funded by Business Finland to develop low-emission and intelligent material handling solutions
March 27 2025 - 4:00AM
UK Regulatory
Kalmar launches five-year Move2Green program funded by Business
Finland to develop low-emission and intelligent material handling
solutions
KALMAR CORPORATION, PRESS RELEASE, 27 MARCH 2025 AT 11.00 AM
(EET)
Kalmar launches five-year Move2Green program funded
by Business Finland to develop low-emission and intelligent
material handling solutions
Kalmar launched a five-year Move2Green R&D program and has
been granted EUR 20 million funding from Business Finland Leading
Company Competition. The goal of the Move2Green program led by
Kalmar is to advance carbon neutrality in heavy material handling
by developing the electric equipment portfolio and data-driven
services. The vision of the program is to enable our customers’
net-zero logistics chain in ports, terminals, and other heavy
industrial logistics by 2045.
Building an ecosystem for the green
transition
“Heavy material handling is a significant source of carbon
dioxide emissions, and we have a unique opportunity to reduce the
environmental impact caused by the use of our active installed base
of 68,000 machines. The demand for electric equipment is growing,
and our customers are increasingly seeking sustainable solutions.
To ensure success, we need a broad ecosystem to develop intelligent
charging solutions, software and equipment to accelerate this
transformation", says Sami Niiranen, President and
CEO of Kalmar.
The Move2Green program brings together over 150 ecosystem
partners, including industrial organizations, technology companies,
research institutions, and universities. The goal of this
collaboration is to initiate and lead large-scale research and
development projects, increase research and development investments
and to build solutions that enhance the efficiency in heavy
material handling operations and support its transition to a
low-carbon future.
During the five-year program, Kalmar is committed to increasing
its research and development efforts. The ecosystem will facilitate
collaboration between large and small and medium-sized companies,
and in the long term, the project is expected to have a significant
employment impact within the research, development, and innovation
ecosystem.
Towards globally sustainable material
handling
Move2Green marks a significant step toward low-emission and
intelligent material handling. In collaboration with Business
Finland and ecosystem partners, Kalmar is developing technologies
that promote global sustainability. The project offers a unique
opportunity for innovative research and development, accelerating
the green and digital transition in Finland. Additionally, the
Move2Green initiative aims to develop clean energy solutions and
new business models centered around circular economy principles and
lifecycle thinking.
Through Leading company challenge competitions, Business Finland
seeks research and development projects for funding from companies
that operate globally or aim for global operations. These projects
should tackle major future challenges and make a significant impact
on Finland’s competitiveness. Leading companies are expected to
significantly increase their R&D activities in Finland and
build ecosystems aimed at new business ventures. In addition to
funding the leading company’s projects, Business Finland also
offers funding for R&D projects from partners within leading
companies’ ecosystem.
Further information for the press:
Tommi Pettersson, SVP Strategy, Sustainability and Technology,
tel. +358 40 755 6135, tommi.pettersson@kalmarglobal.com
Maija Eklöf, Vice President, Marketing and Communications,
Dealer Management and Customer Insight, Kalmar, tel. +358 20 777
4096, maija.eklof@kalmarglobal.com
Kalmar (Nasdaq Helsinki: KALMAR) is moving goods in critical
supply chains around the world, with the vision to be the
forerunner in sustainable material handling equipment and services.
The company offers a wide range of industry shaping heavy material
handling equipment and services to ports and terminals,
distribution centres, manufacturing and heavy logistics.
Headquartered in Helsinki, Finland, Kalmar operates globally in
over 120 countries and employs approximately 5,200 people. In 2024,
the company's sales totalled approximately EUR 1.7 billion.
www.kalmarglobal.com
Kalmar (TG:XK2)
Historical Stock Chart
From Mar 2025 to Apr 2025
Kalmar (TG:XK2)
Historical Stock Chart
From Apr 2024 to Apr 2025