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Hyundai Construction Equipment Europe officially open new European headquarters in Tessenderlo Belgium
Kong Ki-young, CEO of Hyundai Construction Equipment officially opens the new headquarters in Belgium

Hyundai Construction Equipment Europe officially open new European headquarters in Tessenderlo, Belgium

HCEE Hyundai Construction Equipment Europe held an official opening ceremony last week for its new headquarters in Tessenderlo, Belgium. Management from the South Korean headquarters, national and regional government, the European dealer network, national and international press and Hyundai personnel all attended the celebration.

The future looks bright!

The key message during the opening ceremony was very clear: “New company, new headquarters, new vision”. After Hyundai Construction Equipment became an independent business unit as of 1st of April 2017, the opening of the new European headquarters in Tessenderlo, marks another major milestone in the path towards the common goal to enter the top five ranking manufacturers in the global construction equipment market by 2023.

New European headquarters

The new HQ complex comprises a new, three-story, 5,400 square metres office building, a 13,000 square metres parts warehouse, a Hyundai Training Academy, an event hall and a showroom. The construction works represent an investment of 30 million euros.

On the 81,000 square metres new site the capacity to stock and supply machine parts will be doubled. Customers will be welcomed to the new premises and the Hyundai dealer network will benefit from ‘top notch’ commercial and technical training.

Infrabo, a well-known Belgian architecture and design firm, with extensive experience in the b2b industry, designed the new premises. Cordeel, a general contractor, constructed the entire building.

New company, new headquarters, new vision

Alain Worp, Managing Director, Hyundai Construction Equipment Europe, said, “The new facility is an excellent step forward for our European division. After becoming an independent business unit earlier this year, the re-branding of the company and the definition of our global vision 2023, this new European headquarters is a clear indication that things are moving fast within Hyundai Construction Equipment. It is also a clear signal to the market that we are here… and that we are here to stay in a big way. For me this is only the beginning of our successful path to the future.”

Kong Ki-young, CEO of Hyundai Construction Equipment said, “It is my honour to attend the official opening of the new European Headquarters with you. And I want to express my gratitude to all our guests for attending this opening ceremony considering everyone’s busy schedule.

In April of this year, Hyundai Construction Equipment was spun off from Hyundai Heavy Industries for its new start as an independent company.

Since its launch in 1985, the construction equipment business has continued for over 30 years under the large umbrella of Hyundai Heavy Industries. The business has now been divided to establish an independent management system which suits the unique characteristics of the construction equipment business. With these changes way we hope to increase global competitiveness.

Our new start as an independent company is a big challenge for us. However, we are confident that this challenge will be a major turning point in the history of Hyundai Construction Equipment.

Hyundai founder Chung Ju-yung once said, “The success and failure of all things depend on the mind and attitude of the person. Progressive spirit is a key to creating a miracle.” I believe that the challenging and pioneering spirits of Hyundai are our biggest assets, they are part of our DNA.”

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