Skip to main content

Hyundai appoints Alain Worp as managing director for Europe

Hyundai Heavy Industries Europe has appointed Alain Worp as managing director. Worp has been with Hyundai for 13 years and has held a number of positions within the sales department and is moving up from director of construction equipment sales. For an interim period, he will fulfil both roles. Hyundai Heavy Industries Europe predicts growth of 5% for 2016 compared with 2015. “This result would mean that Hyundai has shown rising market shares for the 7th consecutive year in growing sales numbers and/
November 23, 2016 Read time: 2 mins
236 Hyundai Heavy Industries Europe has appointed Alain Worp as managing director.

Worp has been with Hyundai for 13 years and has held a number of positions within the sales department and is moving up from director of construction equipment sales. For an interim period, he will fulfil both roles.

Hyundai Heavy Industries Europe predicts growth of 5% for 2016 compared with 2015.  “This result would mean that Hyundai has shown rising market shares for the 7th consecutive year in growing sales numbers and/or an increase turn-over,” a corporate statement said.
 
Worp said Hyundai Heavy Industries Europe should see further growth. “However, due to the slow market conditions outside of Europe, we also expect that in 2017 Europe will be the region where all manufacturers will try to secure their business volumes and compensate for their slow sales elsewhere. This in turn will mean that business will once again be tough and challenging.”
 
Worp succeeds J.C. Jung who returned to Korea for the position of chief officer forklift division within Hyundai Construction Equipment.

For more information on companies in this article

Related Content

  • World aggregates demand to grow
    March 18, 2016
    The global market for construction aggregates is projected to advance to 51.7 billion tonnes in 2019, representing an annual growth rate of 5.2%, according to a new study by the Freedonia Group.
  • Liebherr achieves record turnover in 2012
    April 10, 2013
    The Liebherr Group achieved its highest turnover in its history in 2012. Turnover climbed over than 9% to €9.1 billion, while the company invested a total of €840 million in its operations. The 2012 business year progressed well for the Liebherr Group. Although the reduced dynamism of the world economy had a noticeable effect on orders received in the final months of the year, this no longer influenced turnover significantly. The Group increased its total turnover in the past business year by more than €760
  • European regulations for engine emissions are getting tougher
    January 4, 2013
    Emissions remain the focus for engine development but equipment manufacturers want clarity from regulators. Emissions remain a major challenge for the off-highway construction equipment market. The EU has tough targets in this respect and its objective is an overall reduction of CO2 emissions of 80-95% by the year 2050, compared to 1990 levels. There is considerable research already underway on how to reduce fuel consumption and to help ensure the security of energy supply. A number of industry sectors, suc
  • HD Hyundai announces global launch of Develon Uptime Center
    April 12, 2024
    HD Hyundai is announcing the global launch of its Develon Uptime Center.