Palfinger is investing 70 million euros in a new location in Ormož
Palfinger is investing 70 million euros in a new location in Ormož
The Salzburg crane manufacturer Palfinger is playing a significant expansion in Slovenia. The company, which already has a production facility in Maribor, plans to build a second location in the Northeastern Lowen town of Ormož. Investments in the new factory could be up to 70 million euros to expand the production capacities.
The Slovenian government agreed a few days ago a memorandum of understanding, which is to be signed with Palfinger next week. This agreement is intended to help clarify possible government funding that could be essential for the development of the new work, even if it does not include any binding commitments for funding for the time being. The Slovenian Minister of Economic Affairs Matjaž Han will be present in the signing of the memorandum in Ormož, as will the mayor of the city, Danijel Vrbnjak.
investment plans for the future
Palfinger plans to significantly increase investments in the new production facility by 2028. These measures include not only the construction of the work, but also the establishment of a training and logistics center. The current capacities in Maribor are fully utilized, which underlines the need for an additional production facility. The existing production system, which has been in operation since 1993 and employs around 900 employees, can no longer cover the demand, which shows that expansion is inevitable.
In addition to the new location in Ormož, there are plans to gradually expand capacities by 2035. This intends to improve Palfinger not only to improve local infrastructure, but also to strengthen its own position in the market, which is of great importance for an international company. The decision for Ormož was made after extensive considerations and the examination of other locations in the region.
The active role of Palfinger in Slovenia has contributed to the creation of many jobs and shows how important the region is for the company. If you have any further questions about the exact distribution of investments and the time framework, reference will be made to the next steps in the implementation of the project. For further details and developments on this topic, the detailed report become .
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