April 26, 2024
Industrials
Doosan Bobcat’s European operation hub shifts to Czech
[THE INVESTOR] Doosan Bobcat announced on Dec. 16 that its subsidiary Doosan Benelux SA will transfer its business rights in Europe, Middle East and Africa to another subsidiary Doosan Bobcat Manufacturing in Czech Republic for 383.7 billion won (US$324.43 million) by Dec. 31.
This means that the Belgium branch’s function as European headquarters will be taken by that in Czech Republic, explained an official at Doosan Bobcat’s parent company Doosan Infracore. “Doosan Bobcat has a manufacturing hub in Czech Republic so it will be more efficient for management.”
By Hwang You-mee (glamazon@heraldcorp.com)
This means that the Belgium branch’s function as European headquarters will be taken by that in Czech Republic, explained an official at Doosan Bobcat’s parent company Doosan Infracore. “Doosan Bobcat has a manufacturing hub in Czech Republic so it will be more efficient for management.”
By Hwang You-mee (glamazon@heraldcorp.com)
