HYUNDAI ELEVATOR PARTNERS IN VIETNAM
Hyundai Elevator has entered into a strategic partnership with Hoa Binh Construction Group JSC (HBC), one of the largest construction companies in Vietnam. Under the contract, Hyundai Elevator acquired 25 million shares (11.3%) of the group, becoming its third-largest shareholder. HBC will adopt Hyundai Elevator's products for future projects for which it serves as construction developer and prefer them for design, construction and architectural participation projects.
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