Strong Salzburg site

'With this investment program, PALFINGER not only strengthens the site in financial terms, but also actively promotes Salzburg as a research site. This is a strong signal for the region and the industrial province of Salzburg, especially in such challenging times. Research and development are the basis for innovation and progress, which is why I am pleased that PALFINGER is committed to the Köstendorf site and provides high-quality jobs in our region,' says Salzburg's Governor Wilfried Haslauer. Austrian Minister of the Economy, Margarete Schramböck, is also pleased: 'Many companies are looking to the future with courage and investing their way out of the crisis. PALFINGER's investment is a contribution to the modernization of the site at the same time as safeguarding high-quality jobs in the region. What Austria needs now is responsible entrepreneurship teamed up with visions for the location - and because PALFINGER embodies exactly that, I would like to express my sincere thanks.'

Cross-functional working

The expansion will see a flexible open space office concept with various work zones being created for more than 100 employees in Köstendorf. This concept supports the product development teams in cross-functional work. It means that teams can collaborate flexibly across all department boundaries, either in person or digitally, as needed. That is why the employees concerned are actively involved in shaping the details of the architectural concept. In order to ensure the performance, reliability and safety of the highly complex lifting solutions, the test laboratory for performing trials and building prototypes is also being significantly expanded.

Integrated all-in solutions

'With this expansion we are creating the best conditions to further strengthen our development capacity in important as well as critical competencies,' explains Andreas Hille, Senior Vice President Global Product Line Management. The main focus is on system engineering, project management, verification and validation as well as software development. Together, they contribute to the implementation of the PALFINGER Solution Strategy. 'PALFINGER develops all-in solutions for its customers and business partners. Our solutions include the carrier vehicle and integrated digital functions and services. We offer a holistic, future-proof package. We are shaping the future,' summarizes Andreas Klauser.

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Palfinger AG published this content on 22 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 March 2021 12:10:06 UTC.