PALFINGER at a Glance
PALFINGER is a globally operating company specialized in lifting solutions and headquartered in Bergheim, near Salzburg, Austria. All over the world, PALFINGER provides its customers with optimum solutions and the best service structures. Its product lines are Crane, Timber & Recycling, Hooklifts, Platforms, Railway, Truck Mounted Forklifts (TMF), Tail Lift, Marine & Wind Cranes, Davits, Boats, and Offshore Lifting & Handling Solutions (OLHS), among others.
First founded as a family-run business in 1932, the PALFINGER GROUP now comprises 84 companies in 32 countries with 11,126 employees and operates a total of 33 production and assembly plants in Europe, North and South America, the CIS countries, and Asia. PALFINGER is represented in 130 countries with its dealer and service network as well as over 200 independent general importers with some 5,000 service centers.
PALFINGER has always been considered a technology leader and a driver of innovation.
In fiscal year 2019, revenue reached EUR 1,753.8 million, EBITDA came to EUR 223.6 million, and EBIT rose to EUR 149.0 million. Based on these results, 2019 was yet another record year. This success is underpinned by the turnaround achieved in Segment SEA with the newly emerged prospect of access to Asia’s market, particularly for cruise lifesaving equipment.
By implementing the GLOBAL PALFINGER ORGANIZATION (GPO) in 2019, PALFINGER has laid the groundwork for taking innovation and customer focus to the next level. The improved communication and collaboration within the Group is generating synergy and efficiency gains. The new organizational structure will support PALFINGER’s long-term profitability.