overseas plants Archives | Be Korea-savvy

S. Korea’s Overseas Plant Orders Jump 40.2 pct in H1

SEOUL, July 6 (Korea Bizwire) — Overseas orders for industrial plants won by South Korean builders spiked more than 40 percent on-year in the first half of 2023 on brisk demand from the Middle East and Africa, data showed Thursday. Local builders clinched US$13.05 billion worth of plant orders from abroad in the January-June period, [...]

Hyundai, Kia to Resume Operations at All Overseas Plants from Monday

SEOUL, May 14 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday all of their overseas plants will be in operation next week amid signs of the coronavirus epidemic passing its peak. Currently, Kia’s plant in Mexico is the only overseas manufacturing facility which is still suspended to manage inventories. [...]