\documentclass{article}
\usepackage{floatflt}
\usepackage{graphics}

\newcommand{\x}{text mehr text und so weiter}% only for demo
\renewcommand\includegraphics[2][]{\rule{4.5cm}{2cm}}% only for demo

\begin{document}
\begin{floatingfigure}[r]{5cm}
  \centering
  \includegraphics[<options>]{<filename>}
\end{floatingfigure}
\x\x\x\x\x\x\x\x\x\x\x\x\x\x\x
\end{document}
