Korean giant posts single-digit growth

News Story
- 25 Jul 2013 ( #626 ) - Ulsan, Korea, Republic Of
1 min read
The Hyundai stand at the LogiMAT expo in Stuttgart this year.
The Hyundai stand at the LogiMAT expo in Stuttgart this year.
Hyundai Heavy Industries Co Ltd recorded 2.3% growth in 2012 despite a difficult global economy.

President and CEO Lee Jai Seong says the company seized the opportunity to lay a solid foundation for growth in many areas amidst challenging circumstances.

"We became the world's first shipbuilder to pass the 100 million deadweight ton delivery milestone. We booked a USD3.2 billion power project order in Saudi Arabia, our largest order to date. And we raised our record in the Guinness World Records for the heaviest object lifted on land during the delivery of a 23,600 T gas compression platform to Woodside Energy of Australia," Lee explains.

The manufacturing giant, which also makes Hyundai forklifts, posted turnover of USD491.9 million in its 2012 truck division, compared to USD362.7 million the year before. Group turnover in 2012 totaled USD51.3 billion, compared to USD46.6 billion in 2011.

In 2012, Hyundai produced 18,000 units of motorised industrial trucks, compared to 15,700 units in 2011.
Interroll completes Indian acquisition
Interroll completes Indian acquisition 12 Sep 2024 - Sant'Antonino, Switzerland - 1 min read
Haulotte records loss on record sales
Haulotte records loss on record sales 30 Mar 2023 - L’Horme, France - 1 min read
Doosan Bobcat announces global brand strategy
Doosan Bobcat announces global brand strategy 16 Mar 2023 - Seoul, Korea, Republic Of - 1 min read
Previously about:
Engine program for Hyundai forklifts News Story - 9 May 2013 - Ulsan, Korea, Republic Of - 1 min read
Korean joint venture creates hundreds of jobs News Story - 27 Sep 2012 - Ulsan, Korea, Republic Of - 2 min read
Hyundai expands plant, confident in future growth News Story - 3 Jul 2008 - ULSAN, Korea, Republic Of - 1 min read
Do you have materials handling news? Submit your news here
Inside The News
In this week’s Forkliftaction News we look at HD Hyundai XiteSolution’s plans to be the first Korean company to launch medium and heavy-duty electric forklifts to the market, in a move which shows electrification continues to gain momentum throughout the sector internationally... Continue reading

PREMIUM business

RAEDER-VOGEL
Innovative high-quality wheels and castors for the forklift industry.

Transparent, effective, accountable. With Forkliftaction advertising you will know exactly what to expect before the start of your next campaign.

Tell us your objectives and we’ll propose a competitively priced, brand-centred campaign with your CPM* fixed at the campaign’s start. Geo-targeted campaigns available!

For audience statistics and a concise overview of our advertising offer DOWNLOAD our Media Kit.

* CPM = Cost-Per-Thousand impressions 

Words of support …

The cooperation with Forkliftaction has been exceptional. It's always a pleasure to work with specialists who know the inside out of the industry

Ane Miren Elorza, Communications Specialist - Konecranes, Business Unit Lift Trucks

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Transparent, effective, accountable. With Forkliftaction advertising you will know exactly what to expect before the start of your next campaign.

Tell us your objectives and we’ll propose a competitively priced, brand-centred campaign with your CPM* fixed at the campaign’s start. Geo-targeted campaigns available!

For audience statistics and a concise overview of our advertising offer DOWNLOAD our Media Kit.

* CPM = Cost-Per-Thousand impressions 

PREMIUM business

VETTER Forks, Inc.
The world's most comprehensive product range as well as the most intelligent sensor fork for more safety and efficiency.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

Combilift Ltd
Manufactures world class 4-way Handling Solutions

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Transparent, effective, accountable. With Forkliftaction advertising you will know exactly what to expect before the start of your next campaign.

Tell us your objectives and we’ll propose a competitively priced, brand-centred campaign with your CPM* fixed at the campaign’s start. Geo-targeted campaigns available!

For audience statistics and a concise overview of our advertising offer DOWNLOAD our Media Kit.

* CPM = Cost-Per-Thousand impressions