Palfinger AG - Company Profile
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Business Description
Palfinger AG (Palfinger) is a technology and mechanical engineering company that specializes in the production and provision of innovative crane and lifting solutions. It offers products such as loader cranes, access platforms, truck-mounted forklifts, hookloaders, railway systems, tail lifts, and marine equipment. The company serves construction, rental and leasing, transport and logistics, waste management, agriculture and forestry, and railroads, and government organizations.
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R&D Overview
Palfinger's R&D arm focus on mechatronics and embedded software, enhancing development capabilities like model-based systems engineering. The company is advancing digital solutions, integrating digital and physical developments, and focusing on data-driven business models. Strategic R&D initiatives include the CONNECTED plus+ platform, data analytics, and AI applications. Collaborations with institutions like the Technical Universities of Vienna and Graz, and the Austrian Institute of Technology, support projects such as FutureWoodTrans and Guardian, aimed at advancing autonomous machinery and smartification technologies. As of December 2025, it had R&D facilities in 24 locations, employing around 800 personnel. In FY2025, the company incurred R&D expenses of EUR105.2 million, as a percentage of revenue stood at 4.5%.
Business Segments
Overview
Comprises the production sites and the respective production share of the company. Offers manufacturing for third parties and includes the production and assembly of components and products.
Performance
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Overview
Includes Tail Lift as well as the Holding unit. Involved in the production and sales of Tail Lifts in Europe. The Holding unit comprises administrative expenses and strategic projects for the future.
Performance
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Overview
Comprises the sales and service units. Provides customer care from the first contact to after-sales service. Offers loader cranes, timber and recycling cranes, hooklifts, skiploaders, tail lifts, aerial work platforms, truck-mounted forklifts, railway systems, passenger lifts, and marine cranes. Includes Europe, the Middle East, and Africa (EMEA), NAM, LATAM, CIS, and Asia–Pacific (APAC) business regions.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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