Newsletter #164 (View other news stories)
Unprecedented European success for Daewoo
FRAMERIES, Belgium
Thursday, 1 Jul 2004
Euro Daewoo has recorded its most successful start to the year in Europe, and is aiming for a spot in the top five forklift companies.
Daewoo, in a statement to Forkliftaction.com News, announced it had passed cumulative sales of 32,000 units this year in Europe.
The UK, Russia and Italy had seen "unprecedented levels of sales".
UK general manager, Kun Lee says the company is building a strong reputation in the European market.
"Our focus is on providing value for money and we're gaining a number of key accounts, helping us to gain further market share," he said. "The target is to double our market share in Europe by 2008."
More than 80 Daewoo models are available in Europe, from 1.3- to 3-tonne electrics and 1.5- to 15-tonne IC forklifts.
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