Hyundai Heavy Industries Europe have announced the appointment of their new managing director: Mr Alain Worp (pictured).
Worp, who has worked at Hyundai for the past 13-years, previously held a number of positions within the sales department, including director of construction equipment sales. He succeeds Mr J.C. Jung, who has returned to Korea to take up the position of chief officer forklift division at Hyundai Construction Equipment. During the handover period, Mr Worp will fulfil both roles as managing director and sales director CE.
Hyundai Heavy Industries Europe predict to end the year (2016) with a 5% growth compared to 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.
Mr Worp said, “The overall market outlook in Europe next year is not a negative one. Based on today’s knowledge we expect more or less a similar overall market growth as we have seen this year. Therefore, 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.”