Established in 1932, PALFINGER stands for the most innovative, reliable and cost-effective lifting solutions for use on commercial vehicles and in the maritime field. As a multinational company group with its headquarters in Salzburg, Austria, PALFINGER has manufacturing and assembly sites in Europe, in North and South America as well as in Asia. Innovation and further internationalisation of products, processes and services form, in addition to greater flexibility, the strategic pillars of the corporate strategy. High flexibility and competence in production and a global sales and services network give us a crucial competitive edge and ensure our customers LIFETIME EXCELLENCE.
The core product is the Loader Crane. The company is the world market leader in this segment with close to 150 models and a market share of more than 30 percent. In Timber and Recycling Cranes on- and off-road as well as Container Handling Systems PALFINGER is also the world’s biggest manufacturer. Over the years the product portfolio has been steadily expanded with products such as the Truck Mounted Forklifts, Tail Lifts, and the Access Platforms. With our Railway Systems and Bridge Inspection Units we are European technology and market leader in this high-tech sector. Farm Cranes as well as Truck Bodies and Pick-up Tail Lifts complete the product range. PALFINGER MARINE is one of the leading manufacturers of innovative and customised Marine, Offshore and Wind Cranes as well as Launch & Recovery Systems.
On the world’s market for Loader Cranes the PALFINGER Group is regarded not only as the market but also as the technology leader. To maintain this leadership in future, about 3 percent of sales revenue is invested in research and development.
PALFINGER’s consistent strategy of internationalization, especially outside Europe, will continue in the future. In 2012 PALFINGER implemented the largest project since its IPO in 1999, namely two joint ventures with Sany Heavy Industry, one of China’s industrial giants. Operations were already launched in the third quarter of 2012 and will have a positive effect in the future. The foundation for a successful entry into the Chinese market has thus been laid in time to celebrate the 80th anniversary of the PALFINGER Group in 2012, and it is assumed that the Group’s leading position worldwide has been sustainably safeguarded through this step.
With around 5,000 sales and service outlets on all five continents PALFINGER is always close to the customer no matter the location. This worldwide presence results in an optimal pre- and after-sales service tailor-made to the needs of each specific market. More than 95 percent of the products are exported in more than 130 countries worldwide.
Around 59 percent of the PALFINGER Group is owned by the PALFINGER family, 10 percent by Sany and around 30 percent is in diversified holdings. 1 percent of shares are owned by PALFINGER AG. 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, Munich, Düsseldorf and Frankfurt stock exchanges.
In 2014 the company generated total sales revenue of EUR 1,063 million with a workforce of about 8,030 people.