Sany and Palfinger end cross-shareholdings

220104 sany palfinger ends partnership

Austrian loader crane and aerial lift manufacturer Palfinger and Chinese crane and construction equipment manufacturer Sany have signed off on their agreement to hand back the shares that each of them has in the other company. This effectively ends the cross-ownership aspect of the joint ventures that the two companies signed in 2012. The cross-shareholding … Read more

Companies face trial over deaths of two stonemasons in Limerick after six years of waiting

211209 man cage accident limerick bridge 1

Nationwide Crane Hire & Palfinger Ireland are to face a criminal trial next March in relation to the deaths of two stonemasons, who drowned whilst carrying out work on a bridge in Limerick six years ago. Father-of-two Tim ‘TJ’ O’Herlihy, aged 36, from Castleisland, Co. Kerry, died alongside his workmate, Bryan Whelan, aged 29, from … Read more

Palfinger acquires TSK Kran

211127 palfinger tsk kran acquisition

Palfinger has acquired its German sales and service partner TSK Kran und Wechselsysteme, which operates from Duisburg, in the Rhine Ruhr region. The deal also includes the company’s paint spraying division TSR Lacktechnik. Established in the early 1990s, TSK has been a sales and service provider for Palfinger’s range of loader cranes, skip loaders and … Read more

Palfinger built 16 customised platforms for tunnel maintenance

11 pa1500 eurotunnel 61c307b6

The Palfinger PA1500 platform was designed and built by Palfinger Rail for its UK partner GOS Tool Engineering. Each unit employs a single scissor mechanism to raise or lower the six-metre long platform, which has an overall width of 2.9 metres that can be extended to 4.5 metres by its 1.6-metre lateral slide-out extension. The … Read more

Grupo Tudic Takes 125 tonne Palfinger Loader Crane

20210622 palfinger pk165.002 2

Spanish construction company Grupo Tudic Construcciones has taken delivery of a 125 tonne/metre Palfinger PK 165.002 TEC 7 loader crane. With a maximum capacity of 32 tonnes, the PK 165.002 is the largest model in Palfinger’s TEC range. It features a nine section main boom, which offers a tip height of 25 metres and a … Read more

Palfinger to invest €40m

11 Palfinger Press Conference 26b752f3

Palfinger is using a government supported investment funding to invest around €40 million in up to 10 different projects. Depending on the type of investment, Austria’s Wirtschaftsservice grants a subsidy of seven or 14 percent of the total investment sum to add to that invested by the company. Since September the organisation has received around … Read more

Palfinger down in Q1

A decline in sales has been posted by Palfinger, a leading manufacturer of hydraulic cranes, aerial work platforms and materials handling equipment. It is the first decline reported by the Austria-headquartered company in many years. Sales revenue was down 10.8 percent to €393.2 million, from €440.9 million in the first quarter of 2019. EBITDA was … Read more

Record financial performance for Palfinger

Revenue at Palfinger Group for the full year 2019 was posted at €1,753.8 million (US$ 1,893.5 million), up 8.6 per cent from the €1,615.6 million ($ 1,744.3 million) of 2018. The Austria-based loader crane, aerial work platform and material handling equipment manufacturer reached a new record high in several areas. The new sales record was … Read more

Hubert Palfinger Senior: 1942-2020

Hubert Palfinger Senior, 1942-2020

We regret to report the death of Hubert Palfinger Senior, a former leader at the crane, aerial work platform and material handling equipment manufacturer Palfinger Group. He died on Sunday 19 January 2020, at the age of 77, after an emergency operation. A joint statement issued by the members of the company’s executive board, read, … Read more

Falcon Equipment becomes Palfinger distributor

Bergheim, Austria-headquartered crane and access equipment maker Palfinger Group are looking to expand its business in North America through a partnership with British Columbia, Canada-headquartered heavy equipment sales, service and rental firm Falcon Equipment. Falcon Equipment will distribute Palfinger’s knuckle-boom cranes, material handling cranes, forestry and scrap cranes, aerial lift trucks, hooklifts, rail cranes, and … Read more

Double-digit rise for Palfinger

Record financial results have once again been reported by manufacturer Palfinger. The Austrian crane and access equipment maker posted revenue at €1,300.6 million (US$ 1,443 million) for January to September 2019, up 10 per cent from the €1,182.6 million ($1,312 million) in the same period of 2018. Earnings before interest, taxes, depreciation and amortisation (EBITDA) … Read more

Seven years record revenue at Palfinger in 2017

For the full year 2017 Austrian manufacturer Palfinger reported revenue of €1,471 million (US$ 1,800 million), up 8.4 per cent on the €1,357 million ($1,661 million) of the year before. [quads id=1] Sales for the crane, access platform and materials handling equipment maker hit a new record for the seventh year in succession. Another record … Read more

Palfinger launches new heavy duty crane – PK 135.002 TEC 7

Palfinger has further expanded their product portfolio in the heavy duty crane range with the introduction of the PK 135.002 TEC 7. The crane can be used for various applications, including performing heavy-duty operations, precision assembly work, operations requiring long reaches, container handling, lift system installation or roofing work. [quads id=1] An graphical illustration of … Read more