Doosan Infracore said Thursday that its monthly sales surged in March at home and abroad on the back of stimulus policies around the globe and brisk development projects.
Hyundai Heavy Industries Holdings agreed to buy 34.97 percent of Doosan Infracore for 850 billion won ($756 million) on Friday, completing a deal made in the context of Doosan’s restructuring and Hyundai seeking to strengthen its machinery.
Korea's top construction equipment maker Doosan Infracore said Monday that construction equipment sales in Korea by unit rose 18 percent last year from a year ago on increased demand.
Korea’s Supreme Court on Thursday ruled in favor of Doosan Infracore in a lawsuit filed by a group of financial investors over the failed initial public offering of the company’s Chinese unit.
Korea’s top construction equipment maker Doosan Infracore said Monday that its excavator sales in China rose 22 percent last year from a year earlier on the back of infrastructure investment expansion by the Chinese government.
Hyundai Heavy Industries Holdings (HHI Holdings) has been named the preferred bidder to acquire Doosan Heavy Industries & Construction’s shares in heavy equipment maker Doosan Infracore.
Hyundai Heavy Industries Group confirmed it has bid to acquire Doosan Heavy Industries & Construction’s shares in construction heavy equipment maker Doosan Infracore.
Ever since the Covid-19 outbreak earlier this year, Doosan Group has been busy trying to sell off assets to improve its financial structure.