Hyundai Rotem inks $1.5 bn Morocco train supply deal

South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single de...

Korail to join Manila railway maintenance project

South Korea's state-run railway company Korea Railroad Corporation (Korail) said on Monday that it participates in the operation and maintenance (O&...

SK Networks' automotive division launches as SK SpeedMate

South Korea's SK Networks Co. completed a split-off of its automotive maintenance division, which has now launched as a new company named SK Speed...

Doosan Fuel Cell wins $73 mn hydrogen fuel cell contract

South Korea's Doosan Fuel Cell has secured a 100 billion won ($72.93 million) contract for the maintenance of hydrogen fuel cells, the company said ...

KAI to supply firefighting helicopter to Gangwon Province

Korea Aerospace Industries Ltd. (KAI) announced on Friday that it signed a 33 billion won ($24 million) contract with Gangwon Special Self-Governing...

HD Hyundai Marine Solution wins $60 mn ship maintenance contract

HD Hyundai Marine Solution Co., HD Hyundai’s marine industry comprehensive solution company, signed its largest long-term maintenance contract...

KOMIPO wins Indonesia turbine maintenance project

Korea Midland Power Co. (KOMIPO) announced on Tuesday that a consortium consisting of its Indonesian subsidiary, KOMIPO Energy Indonesia (KEI), an...

Hanwha Ocean ties up with Polish firm for submarine deal

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has joined hands with Polish state-run defense group Polska Grupa Zbrojeniowa S.A. ...

Korean Air breaks ground on Asia’s largest aircraft engine MRO cluster

Korean Air Lines Co., South Korea’s No. 1 full-service carrier, said on Thursday it has begun construction of a $439 million aircraft engine m...

Lotte Rental, KB Capital to co-work for car rental

Lotte Rental Co., South Korea's largest car rental firm, has signed a strategic memorandum of understanding (MOU) with the domestic financial comp...

CJ Logistics reinforces ties with India’s Tata Motors

South Korea’s CJ Logistics on Friday said its Indian subsidiary CJ Darcl has signed a memorandum of understanding with Tata Motors of India on...

Hyundai Engineering to enter EV charging maintenance, service market

South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, unveiled its ambitious plans on Mon...

Korea's Innogrid wins contract for open cloud platform project

Innogrid Co., a South Korean company specializing in cloud computing and digital transformation, said on Thursday that it secured a three-year deal ...

KT Submarine to buy cable laying barge from key shareholder

South Korea’s undersea cable company KT Submarine Co. plans to buy a cable laying barge from LS Cable & System Ltd., its major shareholder...

Korea Exchange, Uzbek Ministry of Finance sign agreement for cooperation

The Korea Exchange (KRX) has agreed to cooperate with the Ministry of Finance of Uzbekistan on the maintenance of the stock market IT system. T...

LG Elec to launch total care service for home appliances

LG Electronics Inc., the world’s top home appliance maker, is launching a total care service for products in South Korea to enhance after-sale...

Sanofi, Korean biotech Lemonex ink material transfer agreement

South Korean biotech Lemonex Inc. has signed a material transfer agreement (MTA) with global pharmaceutical giant Sanofi S.A. to use the Korean bi...

S.Korean govt to spend $5.4 bn to develop sensors, improve EV repair

South Korean government will spend 6.3 trillion won ($5.4 billion) next year in supporting the state-designated Big 3 industries: future vehicles, n...

Hyundai Heavy to reposition as tech platform for vessels

Hyundai Heavy Industries Group is making big steps forward to transform itself as a platform business in the global shipbuilding sector. According t...

KKR mulls investment in Hyundai Heavy's maintenance arm

South Korea's leading shipbuilder Hyundai Heavy Industries Holdings Co. is in talks with global private equity firm KKR to secure investments as part ...