Tokyo, Japan, October 1, 2018 — Hitachi Construction Machinery Co., Ltd. (TSE: 6305; “Hitachi Construction Machinery”) today announced it has formed an agreement with KTEG Kiesel Technologie Entwicklung GmbH (President: Toni Kiesel; “KTEG”),

the group company of European Hitachi Construction Machinery’s distributor Kiesel GmbH (President: Toni Kiesel), to establish a new company
for developing electric construction machinery and the special application products for further expansion of the European market. Continue reading “Establishment of a Joint Venture Company to Develop Electric Construction Machinery for European Market”