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A Potain self-erecting crane is helping to repair a 14th Century ex-monastery in Florence, Italy that is said to be the final resting place of Lisa Gherardini, also known as Leonardo da Vinci’s Mona Lisa. Read more
A crawler crane has loaded gigantic oil platforms weighing up to 1200 tonnes each onto barges in just three hours. Read more
Mini Cranes NZ started with one man and a spider crane. Today, there’s a crew of eight and eleven spider and mini cranes in the fleet. Cranes and Lifting investigates. Read more
Palfinger has revealed its financial results for the year so far, reporting a 10 per cent increase in revenue, with a record-breaking target in sight.
The company’s revenue has grown from EUR 1182.6 million to EUR 1300.6 million, seeing earnings before interest, tax, depreciation and amortisation (EBITDA) grow by 18.7 per cent.
It expects a year of record growth on the basis of current market trends, with management projecting revenue will increase to EUR 1.7 billion.
- Palfinger tests crawler crane over ‘impassable’ alpine terrain
- Palfinger unveils virtual reality crane operation
- Palfinger hits record Q1 results
Palfinger attributes the performance to its new organisational structure, called the Global Palfinger Organisation (GPO), which aims to strengthen the global structures and cooperation across corporate units.
This is helping us to unlock synergies within the Group and achieve efficiency gains,” said CEO of Palfinger AG, Andreas Klauser.
“In spite of the recession fears, we are confident that we will be able to achieve our growth targets for 2022.”
Manitowoc Cranes has won a $US28.2 million ($40.8 million) contract to supply the US Army with cranes engineered for military use. Read more