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Food Company Daesang Forms Joint Venture in Poland to Expand Kimchi in Europe

Food Company Daesang Forms Joint Venture in Poland to Expand Kimchi in Europe

SEOUL, Nov. 7 (Korea Bizwire) — Food company Daesang Corp. said Monday it has formed a joint venture with a Polish fermented food maker as the South Korean maker tries to expand the traditional fermented vegetable dish globally. Daesang said it has agreed on a 76-24 joint venture called “Daesang ChPN Europe” with Charsznickie Pola [...]

Hanwha Signs US$3.5 Billion Contract to Supply Chunmoo MLRS to Poland

Hanwha Signs US$3.5 Billion Contract to Supply Chunmoo MLRS to Poland

SEOUL, Nov. 4 (Korea Bizwire) — Hanwha Aerospace Co. of South Korea signed an executive contract, worth US$3.55 billion, with Poland for the supply of Chunmoo multiple launch rocket systems, Seoul’s defense authorities announced Friday. The two sides signed the deal as a follow-up to a framework contract inked last month. It has lifted South [...]

Hanwha Defense Signs Contract with Poland to Supply 288 Multiple Rocket Launchers

Hanwha Defense Signs Contract with Poland to Supply 288 Multiple Rocket Launchers

SEOUL, Oct. 19 (Korea Bizwire) — Hanwha Defense of South Korea signed a basic contract with Poland in Warsaw on Wednesday to supply 288 Chunmoo multiple rocket launchers, Seoul officials said. The company and Warsaw’s Armament Agency inked the “framework” deal to supply the K239 Chunmoo systems, starting next year. The contract is known to [...]

KAI Signs Follow-up Contract with Poland to Export 48 FA-50 Fighters

KAI Signs Follow-up Contract with Poland to Export 48 FA-50 Fighters

SEOUL, Sept. 16 (Korea Bizwire) — Korea Aerospace Industries (KAI), South Korea’s sole aircraft maker, signed a US$3 billion contract with Poland on Friday to follow up on an earlier basic deal to export 48 FA-50 fighter jets, Seoul’s arms procurement agency said. KAI inked the “executive” contract with Warsaw’s Armament Agency as a follow-up [...]

S. Korean Firms Ink Follow-up Contracts with Poland to Export K2 Tanks, K9 Howitzers

S. Korean Firms Ink Follow-up Contracts with Poland to Export K2 Tanks, K9 Howitzers

SEOUL, Aug. 27 (Korea Bizwire) — Two South Korean defense firms have signed contracts — worth US$5.76 billion in total — with Poland to implement last month’s deals to export K2 battle tanks and K9 self-propelled howitzers, Seoul’s arms procurement agency said Saturday. Hyundai Rotem Co. and Hanwha Defense inked the executive contracts with Warsaw’s [...]

POSCO Builds Battery Recycling Plant in Poland

POSCO Builds Battery Recycling Plant in Poland

SEOUL, Aug. 26 (Korea Bizwire) — POSCO Holdings Co., the world’s fifth-largest steelmaker by output, said Friday it has completed the construction of a used secondary battery recycling plant in Poland as part of its push to expand its presence in the burgeoning sector. The Poland Legnica Sourcing Center (PLSC), in Brzeg Dolny, some 30 [...]