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

  • Astec bullish for year ahead
    March 9, 2017
    Ben Brock, CEO of Astec Industries, painted a picture of strong financial performance for the firm at CONEXPO-CON/AGG 2017. He said that 2016 was a good year for the group due to the most recent highway bill and commented: “It gave our customers the confidence to place orders.”
    Read More
  • Protecting the roadway with guard rails
    November 10, 2015
    Tata Construction Products is a major player in the European road protection market and aims to boost its share of business - Mike Woof writes. Part of the massive Tata Group, Tata Construction Products is a major player in Europe’s business segment for steel guard rails. Rodney Rice, marketing manager, Tata Steel Construction Products, said, “Our market is predominantly Europe.”
    Read More
  • Study predicts world asphalt demand to approach 120million tonnes by 2015
    April 23, 2012
    Global consumption of asphalt is forecast to rise 4.1% annually from a 2010 base to 119.5million tonnes in 2015, according to a new leading market research firm study. The volume predicted in World Asphalt, a new study from The Freedonia Group based in Cleveland, the United States, is equivalent to 725million barrels of primary asphalt. High petroleum prices combined with economic weakness and declining construction activity is said by Freedonia to have resulted in a significant drop in consumption in
    Read More
  • CECE Congress 2014: ‘How to become more agile in a fast changing environment’
    May 29, 2014
    ‘How to become more agile in a fast changing environment?’ will be the core topic of this year’s CECE (Committee for European Construction Equipment) congress being held 16-17 October in Antwerp, Belgium. Despite what the CECE describe as good signs for 2014, the situation for the construction equipment industry in Europe remains challenging. Debt problems have not been solved by many countries, demand is only slightly picking up, labour costs are high, products are changing fast and competition from outs
    Read More

Highlighted Content