Most Popular
-
1
Allies face test with return of Trump’s transactional diplomacy
-
2
Korea on alert over reshaped global economy during Trump's 2nd term
-
3
‘Trump may seek surprise NK deal at expense of Seoul’
-
4
Yoon apologizes but denies wife's role in state affairs
-
5
Sought by prosecutors: Key man in Yoon presidential couple’s political drama
-
6
Poster of Kim Jong-un behind bars launches S. Korean groups' anti-NK campaign in Geneva
-
7
Police clear Jessi of charges in fan assault case
-
8
First lady to keep low profile as Yoon’s ratings hit new low
-
9
Korean auto, battery firms buckle up for second Trump term
-
10
Murder charge sought over death of mentally disabled student who was pushed into sea
Hyundai Construction Equipment bags big orders from Russia this month
By YonhapPublished : Nov. 26, 2021 - 11:19
Construction machinery maker Hyundai Construction Equipment said Friday it has obtained orders for 534 units of construction equipment from Russia this month.
The deals with unidentified Russian miners and builders include orders for 510 excavators, 15 wheel loaders and nine skid-steer loaders, Hyundai Construction Equipment said in an emailed statement.
The construction equipment will be delivered by the first quarter of next year and used at the construction sites and coal mines in Russia, the company said.
But Hyundai Construction Equipment did not reveal the value of the deals.
With the latest orders, sales of Hyundai Construction Equipment have risen nearly three times in the first 11 months of the year from a year earlier by selling about 1,500 units of construction equipment, including 21 125-ton excavators.
On the back of soaring coal prices, demand for construction equipment for mining has been showing explosive growth in Russia, increasing sales of over 25-ton excavators, Hyundai Construction Equipment said.
Shares in Hyundai Construction Equipment were trading at 40,300 won ($33.8) as of 10:55 a.m., up 0.51 percent from the previous session. (Yonhap)
The deals with unidentified Russian miners and builders include orders for 510 excavators, 15 wheel loaders and nine skid-steer loaders, Hyundai Construction Equipment said in an emailed statement.
The construction equipment will be delivered by the first quarter of next year and used at the construction sites and coal mines in Russia, the company said.
But Hyundai Construction Equipment did not reveal the value of the deals.
With the latest orders, sales of Hyundai Construction Equipment have risen nearly three times in the first 11 months of the year from a year earlier by selling about 1,500 units of construction equipment, including 21 125-ton excavators.
On the back of soaring coal prices, demand for construction equipment for mining has been showing explosive growth in Russia, increasing sales of over 25-ton excavators, Hyundai Construction Equipment said.
Shares in Hyundai Construction Equipment were trading at 40,300 won ($33.8) as of 10:55 a.m., up 0.51 percent from the previous session. (Yonhap)
