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In 2008, Doosan Infracore's Construction Equipment Business Group acquired 100% of the company from Thomson Group, and changed the name as Doosan Moxy AS. [1] In 2011, the Moxy name was dropped and latest trucks were marketed under just the Doosan brand, rather than the previous Doosan-Moxy marque.
In 2021, Hyundai Heavy Industries Group purchased a 35 percent stake in Doosan Infracore for 850 billion won. [14] [15] However, Doosan Infracore's 51 percent stake in Doosan Bobcat was not included as part of the sale. [16] Hyundai Doosan Infracore changed its brand name to Develon and adopted the new corporate name HD Hyundai Infracore in 2023.
On January 1, 2018, Doosan and Doosan Bobcat were separated into independent companies. [6] In July 2021, Doosan Infracore was acquired by Hyundai Heavy Industries, which paid approximately $722.45 million for a 30% controlling stake in the company. Doosan Infracore is planned to become a subsidiary of the newly created Hyundai Genuine group. [7]
In August 2007 Moxy Engineering of Norway announced plans to buy the intellectual property rights of the Barford rigid dump truck range. [10] In 2008 Moxy was purchased by the South Korean Doosan (formerly Daewoo), and renamed to Doosan Moxy As and later Doosan Infracore Norway AS.
It was a subsidiary of the Ingersoll Rand Company from 1995 until July 2007, when it was sold for US$4.9 billion to South Korean company Doosan Infracore. [2] The company sells skid steer loaders, compact excavators, side-by-sides, compact tractors, mowers, and other small hydraulic equipment under the Bobcat brand name. It is one of the few ...
Norway: On 27 September 2022, Hanwha Defense signed a memorandum of understanding (MOU) with Norway's Kongsberg Gruppen to introduce the K239 Chunmoo multiple rocket artillery system. [ 45 ] Philippines : Officials from the Armed Forces of the Philippines attended the test-firing of KTSSM-II missiles from a K239 Chunmoo-I Multiple Launch Rocket ...
Seven months later, on 22 October 2021, South Korea's DAPA approved the export of Hyundai Doosan Infracore (now HD Hyundai Infracore) DV27K engines and SNT Dynamics EST15K transmissions to Turkey. [126] In August 2022, durability testing of the powerpack, combining the DV27K engine and EST15K transmission from South Korea, was successfully ...
This list of the largest companies of Norway contains the 500 largest companies in Norway by revenue. Information is provided on revenue, operating income , net income and number of employees . Financial amounts are in millions of Norwegian kroner (1 US dollar = 8.85 kroner as of 12/02/2022 [ 1 ] ).