PALFINGER AG: First Sustainable Financing of EUR 170 million
PALFINGER AG secures financing with sustainability KPIs
- Sustainable financing of EUR 170 million underlines focus on sustainability
- Term of up to six years with highly attractive conditions
- CO 2 emissions and accident rate as sustainability KPIs
PALFINGER AG took out its first sustainable financing in March 2022 to secure a volume of EUR 170 million. The conditions are highly attractive with a term of up to six years with an amortizing structure. The financing is also subject to two sustainability KPIs: production-related CO2 emissions and accident rate. The achievement of sustainability KPIs is audited annually, with a margin step-up/down if the target values are reached or are not achieved. Erste Group and Raiffeisen Bank International (RBI) acted as sustainability coordinators.
Sustainability has been the focus of PALFINGER AG for years. Last year, PALFINGER AG initiated its corporate strategy 2030, in which the topic of sustainability plays an important role regarding the company's further growth. A Sustainability Council ensures the implementation of PALFINGER’s ESG (Environmental, Social, and Governance) strategy and the transformation within the company.
ABOUT PALFINGER AG
PALFINGER sets benchmarks with innovative crane and lifting solutions worldwide. As a leading technology and mechanical engineering company, PALFINGER transforms customer needs into seamlessly integrated solutions. A broad product portfolio and regional footprint drive balanced profitable growth. With its promise of Lifetime Excellence, PALFINGER delivers outstanding performance throughout the entire product lifecycle.
Around 12,000 employees, 30 international manufacturing sites, and a global distribution and service network ensure worldwide proximity to the market.
PALFINGER AG has been listed on the Vienna stock exchange since 1999 and achieved a revenue of EUR 2.34 billion in 2025.
For further information please contact:
Hannes Roither | VP Investor Relations | PALFINGER AG
M +43 664 206 9247 |h.roither@palfinger.com
Text and corresponding image material are available under "News" on the website www.palfinger.com.