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

  • AEM predicts optimistic outlook
    February 23, 2012
    A new report from the US-based Association of Equipment Manufacturers (AEM) predicts a slight increase in machine sales until 2013.
  • Slow market growth the message at CEWEF 2012
    November 30, 2012
    Centralised asset management, more use of the latest machine and worksite technology, and deploying value added logistics in machine delivery will enable the construction equipment industry to build on slow world market growth, a panel of expert speakers told attendees at the Construction Equipment World Economic Forum (CEWEF) 2012 The key industry event in Brussels saw more than 130 representatives from across the international construction equipment world given a forecast of 3.5% global growth for their i
  • UAE road safety progressing, but major work still to be done
    April 25, 2012
    Road safety in the UAE is progressing at a faster rate than many other Gulf Cooperation Council (GCC) states, but still has major milestones to achieve before it can sit among the countries in the world with lowest fatality rates, according to a road safety expert who will address the Gulf Traffic Conference, taking place from 12-13 December 2011 at the Dubai International Convention and Exhibition Centre.
  • Roadtec bullish with strong results
    February 21, 2017
    Roadtec says that it saw a strong financial performance in 2016 and has high hopes for 2017. Part of Astec Industries, Roadtec says that it finished 2016 exceeding its sales performance goals. The firm says that the asphalt paving market benefited from the passage of the 6-year FAST-ACT Highway Bill on December 4th, 2015. Astec Industries and Roadtec played important roles in an industry-wide campaign calling for US legislators urging them to pass the bill. “Through these efforts and many others in our i