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THE INVESTOR
May 25, 2019
Big Reunion

Deals

Doosan Infracore wins orders from Saudi Arabia, Uzbekistan

  • PUBLISHED :March 04, 2019 - 14:45
  • UPDATED :March 04, 2019 - 16:08
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Doosan Infracore, Korea’s top construction equipment maker, said on March 4 that it has clinched a series of deals from Saudi Arabia and Uzbekistan to provide excavators and wheel loaders.



Recently, Doosan Infracore bagged a deal to provide 47 excavators and wheel loaders to a firm in Saudi Arabia.

Doosan Infracore did not reveal the value of the latest deal.

The construction equipment maker also clinched a deal to provide 46 specialized excavators and wheel loaders to Uzbekistan.

Doosan Infracore generates some 16 percent of its gross revenue in emerging markets. It posted 898 billion won (US$800 million) in sales from emerging markets in the first three quarters of 2018.

By Ram Garikipati and newswires (ram@heraldcorp.com)



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