Palfinger AG offers a wide range of cranes, forklifts, truck bodies, and lifting equipment for commercial vehicles and maritime solutions. Furthermore, it is a specialist in tail lifts and highly-technical railway systems. Customers primarily operate in construction, transportation, waste disposal, forestry, deep sea navigation, and oil and gas industries. Palfinger has three operating segments: European Units (majority of total revenues), Area Units, and Ventures. A global sales and services network help reach its customer base and provide timely solutions for a multitude of problems. To maintain flexibility, the company holds long-term agreements with suppliers to match volatile market demands and acquire materials.