Business - n.a.

Palfinger Aims for Growth in China

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…

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Palfinger Aims for Growth in China

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

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.