# Palfinger to build €70M production facility in Ormož, Slovenia

Palfinger plans to invest €70 million to build a production facility for cranes and hoists in Ormož, Slovenia, with production launch expected in 2028. The government will provide up to 30% of the funds.

- Type: New facility
- Announced: 2024-11-13
- Where: Ormož, Slovenia
- Value: $76.0M (70.0M EUR)
- Jobs: 25
- Starts operating: 2028
- Status: announced
- Products: cranes, hoists
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Palfinger](https://endata.com/companies/17648.md)

## Sources

- [sloveniatimes.com](https://sloveniatimes.com/41509/palfinger-to-expand-in-slovenia-with-70m-investment-in-ormoz), 2024-11-13: "Production of cranes and hoists is planned to be launched in 2028, and the company is planning to invest €70 million there in the coming four to five years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.