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Business Hyundai target

HYUNDAI sold 1,100 machines in Europe during 1999, achieving a turnover of US$80 million (£48.8 million), a 78 per cent rise on 1998. It is forecasting this will rise to US$100 million this year. It is dividing its operations into three divisions - construction equipment for medium-sized excavators and loaders; compact equipment for minis, small loaders and skids; and industrial for forklifts and, ultimately, telehandlers.