Generational change within the Palfinger family: Ing. Hubert Palfinger is elected Chairman of the Supervisory Board of PALFINGER AG and Ing. Mag. Hannes Palfinger is elected Deputy Chairman.
The PALFINGER Group has been awarded the most significant contracts for its marine business in the total equivalent amount of approx. EUR 90 million. The signing of the contracts has just been announced by Palfinger Dreggen, a PALFINGER subsidiary specializing in offshore cranes.
With Palfinger Platforms Italy, PALFINGER entered the market for standardized access platforms mounted on smaller trucks.
Takeover of parts of the business of the Korean marine supplier MCT ENG.
PALFINGER expanded its portfolio for the shipping and offshore industries to include special systems for accessing and performing repairs and maintenance by acquiring majority holdings in Palfinger systems GmbH and the Arab Megarme Group.
PALFINGER reached a cross shareholding agreement with its Chinese partner SANY, with the aim of strengthening future cooperation.
PALFINGER acquired a majority interest in the Russian PM-Group Lifting Machine, an important supplier of cranes for timber and recycling, with the objective of achieving an even stronger presence in Russia.
PALFINGER Marine Korea office was set up in October 2013.