SEOUL, March 17 (Korea Bizwire) — Sales of Hyundai Motor Co. and its affiliate Kia Corp. in Europe surged more than 20 percent on-year last month on the back of the popularity of environment-friendly models, industry data showed Thursday. Hyundai sold 37,032 vehicles in the European market in February, up 25.5 percent from a year [...]
SEOUL, March 1 (Korea Bizwire) — Kia Corp. said Tuesday its all-electric EV6 sedan has been named the 2022 European Car of the Year (ECOTY), marking the first time for a South Korean automobile brand to clinch the award. In a ceremony held in Geneva on Monday (local time), the Kia EV6 received the prestigious [...]
Reading, UK, Feb. 24 (Korea Bizwire) – Intelex Technologies, a leading global provider of cloud-based Environmental, Health, Safety and Quality (EHSQ) management software, rounded off 2021 with continued growth, new partnerships, and strategic expansion in both Europe and Asia. “Increasingly, global organizations are not only recognising, but actively addressing their impact on the environment, the well-being [...]
SEOUL, Feb. 20 (Korea Bizwire) — South Korea is thinking seriously about sharing its liquefied natural gas (LNG) inventories with Europe amid looming supply disruptions sparked by the Ukraine crisis, officials said Sunday. “The government is seriously contemplating supporting Europe should the situation aggravate in Ukraine and create difficulties in the supply of natural gas,” [...]
Paris, Sept. 20 (Korea Bizwire) – Jeito Capital, a rapidly growing, new, independent Private Equity firm dedicated to biotech and biopharma, today announced the final closing of its first fund, Jeito I, at €534 million ($630 million), exceeding its original target of €500 million. Jeito I is the largest European fund dedicated to supporting companies in [...]
SEOUL, Aug. 23 (Korea Bizwire) — South Korean biopharmaceutical firm Samsung Bioepis Co. said Monday it has won approval from European authorities for the sale of its ophthalmology biosimilar, Byooviz. The European Commission granted the marketing authorization on ranibizumab biosimilar, previously known as SB11, which references Swiss pharmaceutical giant Novartis’ blockbuster medication Lucentis. It is [...]
SEOUL, Aug. 20 (Korea Bizwire) — A South Korean brewery is jumping into the European market to compete with traditional brewers. Jeju Beer Company, based on the southern resort island of Jeju, announced Thursday that it will export three kinds of craft beer, ‘Jeju Wheat Ale,’ ‘Jeju Pellong Ale,’ and ‘Jeju Geomeong Ale’ to Europe. [...]
Rancho Santa Margarita, Calif., July 15 (Korea Bizwire) — Sweegen’s footprint in Europe became stronger after the European Union Commission published its approval of Sweegen’s non-GMO Signature Bestevia Rebaudioside M (Reb M) for use in food and beverages. The approval of Sweegen’s Signature Bestevia Reb M leads the future of wellness in food and drink [...]
SEOUL, July 9 (Korea Bizwire) — Hyundai Motor Co. said Friday it has revealed the wagon version of the G70 under its independent Genesis brand in Britain ahead of its launch in other European countries later this year. Hyundai unveiled the G70 Shooting Brake at this year’s Goodwood Festival of Speed, one of the biggest [...]
SEOUL, June 27 (Korea Bizwire) — Cumulative electric vehicle (EV) sales in Europe from South Korea’s two largest automakers — Hyundai Motor Co. and Kia Corp. — have surpassed 200,000 units, company data showed Sunday. Hyundai and Kia, both under Hyundai Motor Group, had sold a combined 227,919 EVs in the European auto market as [...]