Type Stock Company Founded 1932 Headquarters Salzburg, Austria Revenue 1.357 billion EUR (2016) | Industry Engineering Website www.palfinger.com CEO Herbert Ortner (2008–) Number of employees 9,580 | |
Key people Herbert Ortner (CEO), Hubert Palfinger jun. (Chairman of the supervisory board) Stock price PAL (VIE) € 34.97 +0.05 (+0.13%)21 Mar, 10:31 AM GMT+1 - Disclaimer Profiles | ||
Palfinger heavy duty loader cranes
The company Palfinger AG is an Austrian manufacturer of hydraulic lifting, loading and handling systems, especially known for the cranes. With 150 models and a market share of 35 per cent, the company is the world market leader.
Contents
- Palfinger heavy duty loader cranes
- Palfinger bridge inspection units railway pa 19001
- History
- Shareholders
- Positioning on the world market
- Products
- References
The company was founded in Schärding and its headquarters is in Bergheim near Salzburg. Locations are in Argentina, Austria, Brazil, Bulgaria, Canada, China, Croatia, France, Germany, Great Britain, India, Italy, the Netherlands, Norway, Poland, Romania, Russia, Slovenia, South Korea, United States and Vietnam.
Palfinger bridge inspection units railway pa 19001
History
The history of Palfinger dates back to 1932, with the founding of a reparation and metalworking shop for agricultural trailers, tippers and vehicle bodies by Richard Palfinger. The company built its first crane 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.
As of 2016, Palfinger had 39 manufacturing and assembly sites, and around 5000 outlets in over 130 countries.
Shareholders
Around 59% of the Palfinger Group is owned by the Palfinger family, 10% by Sany Germany GmbH and around 31% is in diversified holdings. Since June 1999 Palfinger has been listed on the official market of the Vienna Stock Exchange. 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.
Positioning on the world market
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. PALFINGER is committed to providing the best service in the industry.
Products
Palfinger produces a number of different types of lifting solutions for specialised and more general applications.