Palfinger (OTCMKTS:PLFRY) is a global provider of hydraulic lifting, loading and handling solutions headquartered in Salzburg, Austria. Founded in 1932, the company has built expertise in developing innovative crane and lifting technologies for a variety of industries. Over its history, Palfinger has expanded from a regional Austria-based manufacturer to a multi‐national group with a diversified product portfolio and a presence in more than 130 countries.
The company’s core business centers on the design, production and servicing of loader cranes, knuckle-boom cranes, tail lifts, hooklifts and specialized marine and offshore cranes. Palfinger’s product range also includes railway system solutions, wood and recycling cranes, and tailor-made handling systems for wind‐energy and biomass applications. By combining hydraulic technology with digital features such as remote monitoring and telematics, the company aims to enhance productivity, safety and total cost of ownership for its customers.
Palfinger operates a network of production facilities, distribution centers and service partners across Europe, North and South America, Asia-Pacific and Africa. This global footprint supports both original equipment manufacturing and aftermarket services, including spare parts, inspections and operator training. The group’s international sales and service network ensures local availability and technical support while maintaining centrally coordinated quality standards.
The company is managed by an executive board and overseen by a supervisory board, reflecting its status as a publicly traded company on the Vienna Stock Exchange (with American depositary shares trading OTC as PLFRY). With a focus on research and development, Palfinger continues to invest in sustainable hydraulic innovations and digital solutions to meet evolving market demands and strengthen its leadership in lifting technology worldwide.
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