Start of operations in Portugal with the incorporation of Centrocar – Centro de Equipamentos Mecânicos to sell and service heavy and light vehicles, as well as used industrial machinery.

Start of distribution in Portugal (Alverca) of construction and public works machinery and equipment from a brand with worldwide prestige: Daewoo

Centrocar becomes the exclusive distributor of the Daewoo brand in the Iberian Peninsula with its entry into the Spanish market.

GLOMAK emerges as a holding company that owns the group’s companies and guides the group’s strategy.

Opening of a branch in Madrid to sell machinery, parts and services for Public Works, Construction, Mining, Forestry and Recycling.

The Daewoo Construction Equipment brand is renamed Doosan, following the acquisition of Daewoo Heavy Industries and Machinery by Doosan.

Centrocar inaugurates new facilities in Lavra; enters direct sales in several Spanish provinces, begins internationalisation process to Africa.

Entry into direct sales in the provinces of Cantabria, Asturias and Burgos. Distribution agreement for Doosan forklifts for the Angolan market. Expansion of the product range to include Doosan Articulated Dumpers.

The process of expanding our product portfolio began, with the introduction of new brands and the exploration of new business segments, such as agriculture and recycling, a strategy that will continue in the coming years.

Opening of own facilities in Maputo (Matola). Haulotte Group (lifting platforms) distribution agreement for Portugal, Angola and Mozambique.

Hyundai Heavy Industries Holdings Co. (HHIH), the world’s largest shipbuilding group, announced that it has completed the acquisition of Doosan Infracore, South Korea’s leading construction machinery manufacturer.

Centrocar has acquired Grausch i Grausch, a Polish company with over 25 years of experience in the distribution of construction equipment, representing the following brands: Develon, Keestrack, Sandvik, Hidromek, Mantovanibenne, and Indeco.