Palfinger Plans Capital Increase

Companies ♦ Published: October 13, 2011; 16:18 ♦ (Vindobona)

The Austrian crane producer is gearing up for further growth. An extraordinary General Meeting has been called for 3 November.

Palfinger Plans Capital Increase / Picture: © Palfinger

Palfinger AG seeks authorization from its shareholders for a capital increase. The company, listed on the Vienna Stock Exchange, has called an Extraordinary General Meeting to be held on 3 November 2011 to be able to take corporate actions facilitating greater flexibility in funding further growth.

“We have been able and will continue to be able to fund organic growth and…