HD Hyundai Infracore targets Middle East and Africa with Develon
17 May 2023
HD Hyundai Infracore is targeting the Middle East and Africa (MEA) market with its new brand, Develon, formerly known as Doosan Construction Equipment.
The announcement comes after the company posted revenues of US$330 million in the region last year, compared to $150 million in 2020.
HD Hyundai Infracore is to supply 20 excavators to Angola. (Photo: HD Hyundai Infracore)
In addition, machines sold exceeded 2,400 units, a 60% increase since 2020, which the…
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