Company profile

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.

PALFINGER strives to achieve sustainable profitable growth. Sustainability is reflected in all aspects of the PALFINGER Group. Taking economic, ecological and social aspects into account is viewed as a basic requirement for corporate success. Well-trained and highly motivated employees are the core success factor of the Group, which is why they are at the centre of all considerations. In the PALFINGER plants, the customary regional standards regarding the environment and safety are exceeded. With its products, PALFINGER offers users higher safety and supports them in their efforts to save resources and lower their CO2 emissions.

The core product is the Loader Crane. The company is the world market leader in this segment with more than 120 models and a market share of more than 30 percent. In Timber and Recycling Cranes on- and off-road as well as Hooklifts 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. 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, Boats and Winches.

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. 

Internationalization is enabling PALFINGER to become the preferred global partner. The Group aims at further expanding its sales, service and value-creation operations that are organized on an international level, thereby reducing its dependence on regional fluctuations in the economy. This will be achieved on the one hand with acquisitions and on the other hand with Joint Ventures, including the Russian Truck producer KAMAZ or the largest Chinese construction machine manufacturer SANY.

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.  

PALFINGER AG has been listed on the Vienna Stock Exchange since 4th June 1999. The PALFINGER Group is 59 percent owned by the Palfinger family. SANY Germany GmbH owns 10 percent of the shares. Free float is about 31 percent. International institutional investors, mostly in Europe, hold about 25 percent of capital. The Group’s shares have also been traded over-the-counter on stock exchanges in Stuttgart, Frankfurt, Berlin, and Düsseldorf.

In 2016 the company generated total sales revenue of EUR 1,357.0 million with a workforce of about 9,580 people.