HD Hyundai Sitesolution Wins 37 Billion Won Forklift Order in Algeria

Contract Signed with Algerian Government for 316 Industrial Vehicles

HD Hyundai Sitesolution has secured a series of large-scale industrial vehicle supply contracts in the African and Middle Eastern markets.

A 30-ton class ultra-large forklift ordered by HD Hyundai Site Solutions in Algeria. HD Hyundai Site Solutions

HD Hyundai Sitesolution announced on the 17th that it recently signed a contract with the Algerian government to supply 316 industrial vehicles worth a total of 37 billion won. The vehicles will be delivered sequentially by August.

The company explained that it secured the order by offering equipment tailored to local working conditions in Algeria and emphasizing its stable supply of parts and competitive service capabilities.

The equipment to be supplied consists of 10-ton, 25-ton, and 30-ton class forklifts, which are used at large construction sites such as shipyards and ports. With a high proportion of large and super-large products, the company expects this will contribute to improved sales and profitability.

Additional contracts were also won in the Middle Eastern market. HD Hyundai Sitesolution received an order for about 50 small- and medium-sized forklifts from an auto parts company in the United Arab Emirates (UAE), and also signed a supply contract for approximately 40 units with a logistics center operator in Syria. The total contract value is around 4 billion won.

HD Hyundai Sitesolution stated that it is accelerating efforts to secure key customers, with a focus on emerging markets where demand for infrastructure investment is growing.

Oh Byungsoo, Head of the Industrial Vehicle Division at HD Hyundai Sitesolution, commented, "This order is a result of the recognition of our product competitiveness and our ability to execute customer-tailored projects," adding, "We will continue to expand large-scale orders for global key customers."

This content was produced with the assistance of AI translation services.