Riccardo Magni sharing his Outlook for 2021

March 9, 2021

Published by Kranlyft Group

From Magni Telescopic Handlers President Riccardo Magni

The new year already looks promising for Magni Telescopic Handlers. Despite the pandemic showing mixed signals of improvement, Magni states that they are ready to “invade” the market this year with new ranges and new models.

Riccardo Magni, President at Magni Telescopic Handlers comments:

“2021 will be the year of commercial recovery. The market wants to restart. The economy is ready to rebound, thanks also to the various global upheavals. As history taught us, after any catastrophic event, the impetus to restart is always strong and evident. On the other hand, we experienced an increase in raw materials. It is certainly the result of these economic adjustments, which the market is trying to digest and make its own.

For now, our order portfolio is full and we are happy with it. Our plans for 2021 are certainly to maintain our presence in the strategic markets of North America and Europe. But above all, we want to continue increasing the production of the RTH range, thanks to our new production plant, which will be operational at the end of April.

It’s an ambitious but necessary project, – continues our President. Our current facility has become too small. The decision to create a new and innovative HQ was almost inevitable. The production of ourcore range, the rotating telehandlers, will be increased over the year in order to meet market demands. In compliance with a “zero kilometer” logic, the same production site will accommodate the main processes, such as painting, welding and steel cutting.”

Feel free to contact us for more information.


For more information:
Jurgen Vater, CEO at Kranlyft Group
+46 703 343 053 | jurgen.vater@kranlyft.com

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