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.

In addition, machines sold exceeded 2,400 units, a 60% increase since 2020, which the company said was mainly due to focusing on securing large-scale customers with new advanced…

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Neel Madsen
Neel Madsen Editor Tel: +44 (0) 1892 784088 E-mail: [email protected]
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