Cargotec’s risk management supports the company’s values, strategy and goals, and continuity of operations, by anticipating risks involved in the company’s operations and managing them in the appropriate manner.
The main focus area in corporate risk management was to implement the risk management policy that was revised in 2010. When fully implemented, risk management will form an integral part of Cargotec's business processes and risk reporting is part of the units' operations.
Although the markets continued to recover, the risks associated with global economic development grew towards the end of the year. A major global recession was identified as a key strategic market-related risk for Cargotec, since developments in the global economy and cargo flows have a direct effect on Cargotec’s business.