Skip to main content

New head for Hyundai Construction Equipment Europe

Hyundai Construction Equipment Europe has appointed a new managing director.
By MJ Woof January 21, 2020 Read time: 2 mins
Sungwoo Lee is now managing director of Hyundai Construction Equipment Europe (HCEE)

Hyundai Construction Equipment has named Sungwoo Lee as the new managing director for Europe. Sungwoo (SW) Lee takes over as head of Hyundai Construction Equipment Europe (HCEE), based in Belgium. With over 20 years of service at the Hyundai group, SW Lee brings a longstanding international sales career to Europe. SW Lee replaces JH Chun who will return to Korea where he will lead the international marketing team of HCE (Hyundai Construction Equipment).

SW Lee is already familiar with the European organisation. Working as a Construction Equipment sales manager in the European subsidiary from 2005 until 2009, he has a good understanding of the dealer network, the European market requirements, and culture.

SW Lee will focus on a proactive sales strategy. By further growing the European dealer network, setting-up a key account management structure, and an advanced market-oriented product strategy, he plans to lead HCEE into gaining an increasingly profitable market share in the coming years.

SW Lee commented, “At HCEE we are striving to become a top player in the worldwide Construction Equipment business. In a stabilising European market, we wish to grow our market share in a sustainable and profitable way. Growth in our market share will lead to higher brand visibility. Growth in the quality and quantity of both our organisation and dealer network will be our primary goals to achieve this. We will continue to focus on the 3 E’s: Embrace our dealer network, Excel in what we do and Engage our internal teams.”
 

For more information on companies in this article

Related Content

  • Manitou profits rise 22% in first half of 2012 - 10% full year growth forecast
    August 31, 2012
    Manitou Group’s (MG) operating profit rose by 22% to €31 million in the first half of 2012, compared to €25 million over the same period of 2011. The France-headquartered Group also saw its 2012 first half year revenue increase by 20% to €672 million, having recorded €562 million revenue in the first six months of the previous year. Meanwhile, MG net income was up 40% to €21 million in the first half of 2012, from €15 million over the same period of 2011.
  • Alliance between Bentley and Trimble
    January 2, 2013
    A strategic alliance has been established by Bentley and Trimble – Mike Woof and Guy Woodford report A major move in the construction software sector has been seen following the announcement of a strategic alliance between Bentley Systems and Trimble. Both companies have been acquiring smaller firms and expanding their product portfolios and have worked together in the past but this new development will result in far closer integration.This alliance between Trimble and Bentley aims to create a new benchmark
  • McCain takes on the SWARCO name
    August 22, 2022
    It was in 2016 when US-based ITS supplier McCain became a part of the SWARCO family.
  • CDE focus on multiple benefits of premium waste recycling technology  
    October 25, 2022
    The environmental and commercial gains to be had from utilising innovative waste recycling operations is a key theme for CDE.