Zurich, Switzerland, Aug. 3 (Korea Bizwire) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has won a major order from TenneT and TransnetBW, two of Germany’s four transmission system operators, to supply a transmission solution for the SuedLink DC4 high-voltage direct current (HVDC) interconnection [...]
SEOUL, Aug. 2 (Korea Bizwire) — Hyundai Motor Co. said Tuesday it will ship 27 hydrogen-powered trucks to Germany in its second European export deal for the zero-emission commercial car. Hyundai will supply 27 Xcient hydrogen fuel-cell electric trucks to seven German companies. The German firms will receive local government subsidies for environment-friendly commercial cars, [...]
SEOUL, July 12 (Korea Bizwire) — Hanwha Solutions Corp., a key energy unit of South Korean conglomerate Hanwha Group, said Tuesday it will work with a German renewable energy firm to push for a 500 megawatt (MW) solar power development project in the European country in a bid to tap deeper into the region with [...]
SEOUL, Jan. 24 (Korea Bizwire) — Doosan Heavy Industries & Construction Co., a South Korean plant builder, said Monday its German subsidiary has received a 160 billion-won (US$134 million) order for a waste processing plant in Germany. Doosan Lentjes obtained the order from MHKW Wiesbaden GmbH to build a waste-to-energy plant in Wiesbaden, Germany, by [...]
SEOUL, Dec. 16 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, has secured an exclusive shipping space at the port of Bremerhaven in Germany, one of the largest automobile shipping ports in Europe. The company said Wednesday that it had signed a deal with the port’s terminal operator BLG Logistics [...]
SEOUL, Oct. 20 (Korea Bizwire) — Sales of Hyundai Motor Co. and affiliate Kia Corp. cars are up in Germany and Britain, the two largest economies in Europe with strong automobile industries. The German Association of the Automotive Industry reported an 8.7 percent increase in Hyundai and Kia car sales from last year with 129,257 [...]
SEOUL, Oct. 8 (Korea Bizwire) — Germany-based technology firm Merck Group said Friday it plans to invest around US$693 million in South Korea through 2025 in the electronics sector, including semiconductor solutions. The investment by Merck is expected to lend hands to South Korea’s so-called K-semiconductor blueprint, and help the country secure a stable supply [...]
BOSTON, July 28 (Korea Bizwire) — Extreme event modeling firm AIR Worldwide estimates insured losses in Germany from July flooding could approach EUR 5 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. Low pressure system “Bernd” parked itself over central Europe and brought about significant flooding from July 13 to 18. Germany’s Rhineland-Palatinate and North [...]
SEOUL, April 15 (Korea Bizwire) — The government has updated a book on foreign medical help received during the 1950-53 Korean War to add Germany to the list of helping countries and a copy will be delivered to Germany’s ambassador on Thursday, an official said. U.N. “Sending States” had long been defined as 21 countries [...]
SEOUL, March 1 (Korea Bizwire) — Germany saw its imports decline last year due to the economic slump caused by the COVID-19 pandemic, but the country’s imports from South Korea turned out to have increased. The Frankfurt office of the state-run Korea Trade-Investment Promotion Agency analyzed data from 2020 released by the Federal Statistical Office [...]