grupel

HD Construction Equipment Signs Deal to Supply 264 Engines to Portugal's Grupel

HD Construction Equipment Co., an affiliate of HD Hyundai Co., has signed a contract to supply 264 small-sized G2 power-generating engines to Portuguese manufacturer Grupel. The deal comes as Europe sees growing demand for mobile power generators and replacement demand for aging equipment under stricter emissions regulations. The company aims to reach 770 billion won in global power-generating engine sales, more than double its 2025 sales of 370 billion won, targeting additional contracts for its larger DX05 and DX08 engines.