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02.05.2024 | News
Following the recent announcement of a joint venture and the establishment of a new production site in Saudi Arabia, WOLFFKRAN is continuing its international growth trajectory. This time, the company is turning its attention to the Asian market, where it has further strengthened its commitment with business deals in Hong Kong and an appearance at Korea Build Week in South Korea.
In Hong Kong, WOLFFKRAN signed a contract with Sun Hung Kai Properties Limited, one of the city's largest real estate developers. As part of this deal, WOLFFKRAN will supply two WOLFF 700 B luffing jib cranes to Aegis Engineering Company Limited, a subsidiary of Sun Hung Kai Properties. Further projects are also planned in which several Wipper 355 B and 700 B cranes will also be used.
In parallel, WOLFFKRAN's recent participation in Korea Build Week marks a strategic move to consolidate its position in Asia. CEO Duncan Salt and Grishil Babu, General Manager for South Asia and MENA, presented product innovations and solutions for modular construction at the event organized by Hansung Prime - WOLFFKRAN's exclusive local distributor.
With the booming construction industries in Hong Kong and the metropolitan areas of South Korea, there is a great demand for compact cranes with particularly high lifting capacities of between 28 and 50 tons.