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PALFINGER AG

Palfinger Sany Cranes (a joint venture of the Austrian Palfinger and Chinese Sany) in partnership with the Lifting and Transporting Mechanisms Engineering and Technology Center (LTM ITC) launched an assembly production of boom cranes in Khabarovsk. This is the second installation center for a specially Russian market adapted model, and the company intends to occupy up to 30% of the Russian market of boom cranes, Yuri Gorpinich, its Director General said to journalists on Thursday.

08 June 2017
TASS

A joint venture of KAMAZ and Austria’s Palfinger AG, CRANE Center KAMAZ, has launched into production special vehicles for forestry operations and timber harvesting, TASS quoted KAMAZ press office as saying.

The design of the new special vehicles features additional protection for fuel tanks and air receiver tanks preventing them from damaging easily when riding off-road or through forest areas. The driver’s cabin is safeguarded with a special fender to protect the driver from the impact of oversize load.

14 October 2015
TASS Russian News Agency

The production of loader cranes has been expanded in Ishimbay with the involvement of a foreign investor. The construction of a new production facility by CJSC Inman, which is part of the Austrian concern PALFINGER, began in 2013. The facility will officially be put into operation on Thursday, July 23. This is one of the top priority investment projects for Bashkortostan and is being implemented with the support of the republic’s government.

The concern’s representative office reported that the Inman production facilities have been increased by 10,000 square meters and now total 14,000 square metres. Modern high-precision equipment was purchased for the new facility: machining centres, a painting line as well as laser, shot-blasting and other units. The Austrian concern invested over EUR 14 million to build the new facility, which meets all European standards. With the launch of this production facility, Inman will manufacture up to 2,000 cranes each year compared with 1,200 cranes in 2014.

In addition to the assembly of PALFINGER loader cranes, the production of hydraulic cylinders is also being developed in Bashkortostan on the core of a joint venture with Kamaz in Neftekamsk called LLC Palfinger Kama Cylinders. “The topic of import substitution is relevant for all the concern’s enterprises in Russia. The Neftekamsk project will make it possible to increase the localization of production when building lifting and loading devices,” Nikolay Shmidt said.

20 July 2015
Bashinform Information Agency
Investor
Republic of Bashkortostan

Investor profile

PALFINGER AG

Austria

Company's website: www.palfinger.ag/en

T: +43 662 4684-82260

Public company

E-mail: h.roither@palfinger.com

Contact: MR. HERBERT ORTNER, CEO

PALFINGER is a leading international manufacturer of hydraulic cargo handling systems with headquarters in Salzburg. The company has production facilities in Europe, Asia, North America and South America. One of the concern’s divisions, PALFINGER CIS, is headquartered in St. Petersburg. It includes the Inman plant in Ishimbay, the Lifting Machines group of companies with plants in Arkhangelsk and Velikiye Luki, LLC Kamaz Crane Center in Naberezhniye Chelny and LLC Palfinger Kama Cylinders in Neftekamsk.

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