Palfinger
 |
|
| Industry | Engineering |
|---|---|
| Founded | 1932 |
| Headquarters | Bergheim, Austria |
|
Key people
|
Herbert Ortner (CEO), Hubert Palfinger jun. (Chairman of the supervisory board) |
| Revenue | Euro 1,357.0 million (2016) |
|
Number of employees
|
9,580 (31 December 2016) |
| Website | www |
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.
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.
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.
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 . 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.
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Wikipedia