Search result for DOOSAN HEAVY INDUSTRIES
DOOSAN HEAVY DECIDED TO SELL 35% OF ITS STAKE IN DOOSAN INFRACORE
Highlights –
- Doosan Heavy decided to sell 35% of its stake in Doosan Infracore.
- Doosan Heavy will sell its stake for $757 million to Hyundai heavy Industries Holdings Co.
- Doosan Heavy disposed of 76 million shares of its construction ...
DOOSAN INFRACORE CO. REPORTS AN INCREASE IN ITS EXCAVATOR SALES IN CHINA
Highlights –
- Doosan Infracore Co. reports an increase in its excavator sales in China.
- In the country itself, the company sold 18,686 excavators in 2020.
- Hyundai Heavy Industries Holdings Co. signed an initial deal to buy out Doosan I...
DOOSAN HEAVY INDUSTRY ON THE BRINK OF INSOLVENCY
Highlights –
- Doosan Heavy Industry’s insolvency can trigger chain bankruptcies
- Company has been virtually out of work since 2017
- The company laid off more than 1,000 employees and cut the number of management by half