Hyundai Development Company Ethiopia
Welcome to the official Hyundai Ethiopia website. View the newest Hyundai models in detail, download brochures, find your dealer and book a test drive. The driving force that led HDC Hyundai Development Company to win this project was its design that considered local characteristics.
The company sufficiently reflected the local conditions on the design by cooperating with specialized road design companies in Africa including Ethiopia. Accelerating mine and infrastructure development in Ethiopia Expanding large-scale equipment orders; Securing 57% market share in Ethiopia to solidify top ranking in quality and service; Pursuing sales expansion in emerging markets from the Middle East to Africa HD Hyundai Infracore is expanding its position in the African market by successfully attaining a major order for large excavators. Hyundai Development Company is a major Korean real estate development & construction company.
South Korea's HD Hyundai Infracore has reported an unprecedented 470 percent jump in equipment sales in Ethiopia this year, reflecting the country's accelerating mining boom and rising appetite for industrial machinery. The company, which sells construction and mining equipment under the Develon brand, said it delivered around 1,300 units in 2025. Marathon Motor Engineering, Haile Gebresilasie, Hyundai Ethiopia I am incredibly thrilled by the journey where we stood today as we managed and were able to convert the multiple challenges to potential opportunities.
MME has fully realized the first two visions in line with our parent company`s (Hyundai Motor Company) motto, "New thinking, new possibilities," which has enhanced the full. Hyundai Development Company We have 9 ads for keyword hyundai development company (0.001 seconds). Marathon Motor Engineering PLC (MME) was founded in 2008 and officially inaugurate in February 2009 as importer and distributor of Hyundai passenger, commercial vehicles and genuine parts in Ethiopia.
Hyundai Chief Executive Won Hee Lee said the Korean firm was drawn by Ethiopia's impressive growth. Passenger hatchback cars and trucks are some of the vehicles that will roll off the assembly line at the plant, which was established at a cost of half a billion Birr. The Marathon Motor Engineering, Plc.
Is a joint venture between Hyundai Motor Company and the renowned athlete Haile. On Feb. 22, 2019, an inaugural ceremony of Hyundai Marathon Motor vehicle assembly was held in Addis Ababa with Ethiopian foreign minister, Dr.
Workneh Gebeyehu, H.E. Amb. Hoonmin Lim and Mr.
Wonhee Lee, Hyundai Motor Company Chief Executive Officer in attendance. In his inaugural speech, Dr. Workneh expressed his expectation to grow the local auto industry and full support to facilitate.