Palfinger Aims for Growth in China

Business › n.a. ♦ Published: October 15, 2011; 16:06 ♦ (Vindobona)

The Austrian crane manufacturer, which has recently published a capital increase, will use these funds for further investments in China.

Palfinger Aims for Growth in China / Picture: © Palfinger

The CEO of Palfinger, Herbert Ortner, sees China as perfect opportunity for growth. Ortner has ambitious plans: in the long run, about one third of the company´s sales should be achieved in China. Currently, only 3% of sales are due to orders from there.

The planned capital increase will be resolved in March 2012. “We already are in negotiations in China. As a result, I want a…

or Log In

Fast News Search
Related News
Palfinger Plans Capital Increase (October 13, 2011)
Palfinger Closes Acquisition of Russian Inman (August 26, 2011)
Palfinger Takes Over Russian Inman (July 11, 2011)
Palfinger: Rise in Revenues by 48% in Q1/2011 (May 10, 2011)
Palfinger Announces Generation Change in its Supervisory Board (February 23, 2011)
Read More
Palfinger, China, Earnings, Capital Increase, Expansion, Manufacturing Industry
Featured
See latest Vindobona Newsletter