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[Alpha Biz=(Chicago) Reporter Kim Jisun] HD Hyundai Infracore announced on the 6th that it held a groundbreaking ceremony for its German subsidiary in Mannheim, Germany on the 5th (local time).
Construction equipment is usually sold through dealers in each country, but it has decided to set up a direct store this time. Germany accounts for about 25%, the largest share of the European construction machinery market. The company plans to expand sales in Austria and Switzerland, starting with local businesses.
In Wales, England, the second-largest market in Europe, he will participate as a sponsor in the national soccer team friendly match on the 7th. Oh Seung-hyun, CEO of HD Hyundai Infracore, said, "Stable growth requires strengthening advanced markets such as Europe and North America."
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
