On February 18, Mr. Mike Kim, the General Manager from Forklift Overseas Sales Department and Mr. Hyun Gkuk Bang from the Parts Department of Doosan Infracore Co., Ltd. conducted a two-day visit to FAAM.

Superiors from FAAM including the Chairman of the Board Wang Xianghong and the Vice General Manger Ermanno Vitali received the honorable guests. The two parties discussed the possibility of strengthening the cooperation between Doosan and FAAM on the markets in both Korea and China, showing their great interests to promote the partnership in the future to realize further development together.

About FAAM

Italy FAAM (China) Co., Ltd. is specialized in manufacturing traction, fixed and driven tubular and flat-plate batteries and electric vehicles as one of leading enterprises in European Tubular industrial battery industry and one of the earliest enterprises to develop and manufacture electric vehicles.

Tubular traction battery of FAAM is matched with many international-famous electric forklift enterprises with features of long circulating life and stable performance. Besides in EU, the company also established sales agents in Slovakia, Czechoslovakia, Hugary, Albania, Malta, Indonesia, Agentina, Uruguay, Brazail, Paraguay and Cuba.

In June 1996, the company gained UNI EN ISO8002 Quality System Certification, and in March 2003, the company got the registered No.1-42 in EMAS system as one of the earliest company to gain such register in Europe.

As Chine entering WTO and with the rapid development of domestic economy, especially 2002 Beijin Olympic Games and 2010 Shanghai World Expo, electric transportation tools such as electric tractors, electric automobiles, electric forklifts, electric motorcycles and electric bycicles will gradually substitute fuel-engine tools. FAAM hope to cooperate with you to explore Chinese market.

About Doosan

With more than 70 years industry experience, Doosan Infracore has grown to become a global leader in construction equipment, machine tools and small engines. We are Korea’s largest machinery manufacturer with large-scale plants and subsidiaries in all corners of the globe. Representing world-renowned brands, including Doosan, Bobcat, Montabert, Geith, Tramac, Doosan Moxy and Doosan Infracore Portable Power, we aim to compete as one of the top 5 infrastructure support businesses.

As a part of the Doosan family, Doosan Infracore is a key pillar of growth. We have maintained our attacker spirit, despite the difficult economic conditions, with continued investments and internal preparations to seize the opportunity, as the economy rebounds, to take another giant leap forward. We are also boosting our global competitiveness through the 2G Strategy, “Growth of People, Growth of Business,” a virtuous cycle in which the growth of our business consolidates the development of our people.