PALFINGER at a glance

PALFINGER is the world's leading manufacturer and supplier of innovative crane and lifting solutions. Its product lines include Loader, Marine, and Wind Cranes, Timber & Recycling Cranes, Hooklifts & Skip Loaders, Aerial Work Platforms & Special Solutions, Self Propelled Lifting Solutions, Tail & Passenger Lifts, Boats & Davits, and Marine Handling Solutions.

Founded in 1932, 90 years ago, as a locksmith's workshop, PALFINGER is now a global company and has been listed on the Vienna Stock Exchange since 1999. With the Palfinger family, the company has a strong core shareholder. The PALFINGER Group is directly active with 12,210 employees in 83 companies and 33 countries and operates a total of 31 manufacturing and assembly plants in Europe, North and South America, the CIS countries and Asia. PALFINGER is represented in 130 countries through a dealer and service network as well as more than 200 independent general importers with around 5,000 service points.

PALFINGER has always been considered a technology leader and innovation driver.

PALFINGER generated record sales of EUR 2,446 million in the 2023 financial year, which was characterized by very different regional developments. EBITDA amounted to EUR 302.9 million and EBIT rose to EUR 210.2 million. At EUR 107.7 million, consolidated net profit for 2023 is the highest in the company's history.

Significant Events

Opening of PALFINGER CAMPUS and World

PALFINGER opened the PALFINGER Campus, its central training and further education center. PALFINGER World allows visitors, partners and customers to experience the product range interactively alongside state-of-the-art conference and event rooms over an area of 1,600 square meters.

Focus on NAM

PALFINGER opened its new regional headquarters in Schaumburg, USA. The ultra-modern complex close to Chicago includes an integrated demonstration and training center. The focus on the NAM region was underlined by participation in CONEXPO in Las Vegas, USA, America's largest construction machinery trade fair.

Change of board

Martin Zehnder who, as Chief Operating Officer (COO), was responsible for research and development, production, purchasing and supply chain management, retired from the Management Board of PALFINGER AG after 15 years. Alexander Susanek took over as COO on July 1st.

Development partnership with Aker BP

As part of a strategic partnership with Aker BP, PALFINGER and Optilift are working on further developing Optilift's innovative technology and integrating it into the control systems of offshore cranes. Optilift offers a comprehensive range of digitalized solutions that increase safety and efficiency in onshore and offshore lifting and cargo handling. This technological development and qualification process will continue until the product is ready for the market and the planned start of production of Aker BP systems in 2027.

Strategic partnership with Steyr Automotive

Additional production capacity was created by outsourcing assembly for the first time. As of this year, the assembly of truck-mounted forklifts for the North American market has been carried out by the strategic partner Steyr Automotive.