PALFINGER Group Heading Toward New Sales Records Following a Historic 2014

PALFINGER Group Heading Toward New Sales Records Following a Historic 2014

After a highly successful 2014 financial year, 2015 is proving to be another milestone for the PALFINGER Group. New sales records are expected, driven by strategic expansion and numerous innovations.

As a global leader in the production of hydraulic cranes, PALFINGER is achieving significant progress through the consistent implementation of its international strategy and continuous product development. A key highlight was the introduction of the new generation PK 165.002 TEC 7 crane, launched in June of that year.

In 2014, PALFINGER exceeded 1 billion euros in revenue for the first time in history, a feat achieved through innovative solutions and entry into new markets outside Europe. Today, PALFINGER’s global market share stands at over 30%, confirming its leading position in the industry.

New Generation of Cranes – PK 165.002 TEC 7

The PK 165.002 TEC 7 model represents a new generation of powerful and technologically advanced cranes. Designed for trucks with a gross vehicle weight of up to 32 tons, this crane combines exceptional power and reach while maintaining low weight and optimal dimensions. Compared to its predecessor, the PK 150002, the new version is one ton lighter yet offers a 15% higher lifting capacity (up to 125 t/m).

Thanks to advanced hydraulics, smart electronics, and the use of high-quality steels, PALFINGER continues to strengthen its position at the top of the global crane industry.

In the first half of 2015, a 10.7% increase in sales was recorded, bringing revenue to 292.3 million euros, further confirming that PALFINGER is on track to set new business records.