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Selling the three plants and two joint ventures is not an option for Palfinger boss Andreas Klauser. “We would be exposed to Russian arbitrariness.”
Despite recent criticism, the Salzburg crane builder Palfinger is sticking to its business in Russia. “We are not proactively planning an exit,” emphasized Palfinger boss Andreas Klauser on Friday when presenting the annual figures for 2022. Developments will be further analyzed and awaited. “It’s not just in our hands. There is a risk of forced nationalization,” emphasized Klauser. If you wanted to sell, you would also be dependent on Russian arbitrariness. “So we will certainly not do all these provocations.”
Three own works for …
