SEOUL, Feb. 26 (Korea Bizwire) — Hyundai Rotem Co., the train manufacturing subsidiary of South Korea’s Hyundai Motor Group, said Wednesday it has won a 2.2 trillion-won (US$1.53 billion) deal from Morocco to supply advanced trains to the North African nation. Hyundai Rotem secured the contract to supply ONCF, Morocco’s national railway operator, with double-decker [...]
SEOUL, Nov. 18 (Korea Bizwire) — Hyundai Rotem Co. said Monday it has signed a comprehensive cooperation agreement with Peru’s Army Weapons and Ammunition Factory (FAME) aimed at exporting ground weapons to the country, including its K2 battle tanks and wheeled armored vehicles. The agreement was made on the sidelines of the Asia-Pacific Economic Cooperation [...]
SEOUL, Aug. 21 (Korea Bizwire) – Hyundai Rotem, a leading South Korean railway equipment manufacturer, has reported a record-breaking order backlog in its rail division, securing approximately eight years of work ahead. The company is now setting its sights on additional high-speed rail contracts while reinforcing its production facilities to ensure timely deliveries. As of the [...]
SEOUL, Jun. 7 (Korea Bizwire) — Hyundai Rotem Co., a South Korean railway system and plant equipment maker, said Friday its U.S. unit has received a 241.4 billion-won (US$175.8 million) order for double-deckers in the United States. Hyundai Rotem USA Corp. has obtained the order from the Massachusetts Bay Transportation Authority (MBTA), the company said [...]
SEOUL, May 3 (Korea Bizwire) – The Peruvian Army has chosen South Korea’s K808 White Tiger as the new wheeled armored vehicle to enhance its military capabilities. On May 1, the Peruvian Army’s weapons and munitions provider (FAME) announced that it had selected the South Korean companies Hyundai Rotem (supplier) and STX (contractor) as the priority [...]
SEOUL, May 2 (Korea Bizwire) — South Korean defense firm Hyundai Rotem has been selected as a preferred bidder to export 30 K-808 White Tiger wheeled armored vehicles to Peru, the company said Thursday. STX Engine will serve as the main contractor for the deal, while Hyundai Rotem will supply the vehicles to the Peruvian [...]
SEOUL, June 30 (Korea Bizwire) — Hyundai Rotem Co., a South Korean railway system and plant equipment maker, said Friday it has received a 1.2 trillion-won (US$910 million) order for railway trains in Australia. Australian railway company Downer signed the railway train deal with Queensland, Australia’s second-largest state, and Downer subcontracted the project to Hyundai [...]
SEOUL, Oct. 21 (Korea Bizwire) — South Korean arms maker Hyundai Rotem Co. on Wednesday held a ceremony to celebrate the first shipment of K2 tanks bound for Poland at its plant in Changwon, 400 kilometers south of Seoul. The company signed a 4.499 trillion won (US$3.3 billion) deal with Poland’s state defense procurement agency [...]
SEOUL, Aug. 29 (Korea Bizwire) — Hyundai Rotem Co., South Korea’s sole tank manufacturer, said Monday it has signed a 499 billion won (US$372 million) K2 tank deal in Poland. Hyundai Rotem signed the deal with Poland’s state defense procurement agency to build 180 K2 tanks for the Polish military by December 2027, the company [...]
SEOUL, Aug. 25 (Korea Bizwire) — Hyundai Rotem Co., a South Korean railway system and plant equipment maker, said Thursday it has received a 755.7 billion-won (US$560 million) order for subway train cars in Egypt. Under the deal signed with Egypt’s National Authority for Tunnels (NAT), Hyundai Rotem will supply subway train cars for the [...]