Two Korean construction equipment manufacturers will come together under the same parent, operating as separate independent companies, in a bid from Hyundai Heavy Industries Holdings (HHIH). The ...

The sale of Doosan Infracore to Hyundai Heavy Industries Holdings Co. (HHIH) has officially closed. Doosan Infracore now becomes a subsidiary of the newly created Hyundai Genuine (HG) group alongside ...

An intermediary holding company, Hyundai Genuine, has been established following the purchase in August of Doosan Infracore, by Hyundai Heavy Industries Group. Doosan Infracore has since been renamed ...

Doosan Group selected Hyundai Heavy Industries Holdings as the preferred bidder for a 36.07% controlling stake in Doosan Infracore Co. The Korea Economic Daily’s sources say the deal would combine ...

HD Hyundai Heavy Industries is stepping up its expansion into the US market by targeting on the fast-growing data center industry, securing its largest-ever pow ...

Equipment company says its HD Hyundai Infracore (Develon) and HD Hyundai Construction Equipment divisions will consolidate their management structures. The Hyundai and Develon brands will continue to ...