Palfinger

The company Palfinger AG is an Austrian manufacturer of

hydraulic lifting, loading and handling systems, especially Palfinger AG
known for the cranes. With 150 models and a market share of
35 percent, the company is the world market leader. The
PALFINGER Group comprises 84 companies in 32 countries,
with 33 manufacturing and assembly sites and approx. 5,000 Type Stock Company
sales and service locations in more than 130 countries on all Industry Engineering
continents.
Founded 1932
Founder Richard Palfinger

Contents Headquarters Bergheim, Austria

Key people Andreas Klauser
History (CEO), Hubert
Shareholders Palfinger jun.
(Chairman of the
Products
supervisory board)
References
Revenue Euro 1,753.8 million
(2019)[1]

History Number of
employees
11,126 (2019)

The history of Palfinger dates back to 1932, with the founding Website www.palfinger.com
of a repair shop for agricultural trailers, tippers and vehicle (http://www.palfinge
bodies by Richard Palfinger. The company built its first crane r.com/)
in 1959, and Richard's son Hubert specialized in hydraulic
loading cranes in 1964. In 1989, Palfinger exported over 90% of its production to about 70
countries. In 1999, the company went public. In the past 20 years, the focus was on diversification
as well as internationalization. In June 2018 Andreas Klauser took over as the CEO of
PALFINGER.[2]

Shareholders
Around 56,6 % of the Palfinger Group is owned by the Palfinger family, 7,5 % by Sany and around
35,9 % is in diversified holdings.[3] Since June 1999 Palfinger has been listed on the official market
of the Vienna Stock Exchange.[3] Since mid-June 2000 the shares of Palfinger AG have also been
traded on the OTC market of the Stuttgart, Berlin, Düsseldorf and Frankfurt stock exchanges.[3]

Products
Palfinger produces a number of different types of lifting solutions for specialised and more general
applications.

Loader cranes
Timber and recycling cranes
Telescopic and mobile cranes
Access platforms
 Tail lifts
Hooklifts
Truck-mounted forklifts
Passenger lifts
Bridge inspection units
Railway systems
Marine cranes
Offshore cranes
Davit systems
Boats Pk 135.002 TEC 7

Winches and offshore equipment

Wind cranes

PALFINGER considers itself the global market leader for loader cranes, timber and recycling
cranes, marine cranes, wind cranes, hooklifts and railway systems. The acquisition of the globally
operating Harding Group in 2016 also made PALFINGER the world’s market leader in maritime
lifesaving equipment. Moreover, the Company is a leading specialist in tail lifts and truck mounted
forklifts.[4]

References
1. "Key figures" (https://i-report.palfinger.ag/2019/en/key-figures). Palfinger. Retrieved
26 February 2020.
2. "History" (https://web.archive.org/web/20180525062923/https://www.palfinger.ag/en/about-us/h
istory). Palfinger. Archived from the original (http://www.palfinger.ag/en/about-us/history) on 25
May 2018. Retrieved 26 February 2020.
3. "Investors" (https://www.palfinger.ag/en/investors/stock#anchorslides_content_contentslides99
_2). Palfinger. Retrieved 26 February 2020.
4. "Annual Report" (https://i-report.palfinger.ag/2019/en/the-big-picture). Palfinger. Retrieved
26 February 2020.

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