DOOSAN MOVES BUSINESS STRATEGY AWAY FROM CHINA

Highlights –

• Heavy equipment company ‘Doosan’ to realign its market strategy
• Company’s sales plunge down in China, due to COVID-19
• Company to launch a new wheel loader lineup in the second half of this year in Europe

South Korea’s conglomerate Doosan Group; its heavy equipment unit Doosan Infracore Co., is realigning its strategy to shift ....