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LG Energy Solution Wins Battery Module Supply Deal in Poland

LG Energy Solution Wins Battery Module Supply Deal in Poland

SEOUL, Dec. 8 (Korea Bizwire) — LG Energy Solution (LGES), South Korea’s leading battery maker, said Friday it will supply battery cells to a Polish battery pack company in a three-year deal. LGES has signed the deal to begin supplying 200,000 nickel cobalt manganese (NCM) battery modules to Impact Clean Power Technology (ICPT) in 2024 [...]

Hanwha Aerospace to Provide 152 K9 Howitzers to Poland in 3.45 Tln-won Deal

Hanwha Aerospace to Provide 152 K9 Howitzers to Poland in 3.45 Tln-won Deal

SEOUL, Dec. 4 (Korea Bizwire) — Hanwha Aerospace Co., a South Korean defense company, said Monday it has signed a 3.45 trillion-won (US$2.62 billion) contract with the Polish government to provide 152 K9 self-propelled howitzers to the European country by 2027. The deal forged with Warsaw’s Armament Agency is part of a larger framework agreement [...]

S. Korea, Poland Agree to Expand Weekly Flights amid Strengthening Ties

S. Korea, Poland Agree to Expand Weekly Flights amid Strengthening Ties

SEOUL, Nov. 20 (Korea Bizwire) — South Korea and Poland will expand the number of weekly flights between the countries to support their strengthening ties in the defense industry and plant construction, the transport ministry said Monday. Seoul and Warsaw have agreed to increase the number of weekly flights to seven from five on routes [...]

South Korean Defense Industry Expands European Foothold with Poland-Based Defense Cooperation Center

South Korean Defense Industry Expands European Foothold with Poland-Based Defense Cooperation Center

SEOUL, Oct. 2 (Korea Bizwire) – The South Korean government has announced plans to create a hub in Poland for exporting defense products to Europe. The Ministry of National Defense is looking to set up a Defense Cooperation Center in Poland, which will serve as a base to expand defense exports to Europe, as stated by [...]

Hyundai E&C Signs Deals on Nuclear Power, Infrastructure in Poland

Hyundai E&C Signs Deals on Nuclear Power, Infrastructure in Poland

SEOUL, Sept. 14 (Korea Bizwire) — Hyundai Engineering & Construction Co. (Hyundai E&C) said Thursday it has signed a series of partnership deals with Polish institutions and builders in an effort to tap the country’s nuclear power and infrastructure markets. Hyundai E&C, South Korea’s No. 2 builder, said it inked a memorandum of understanding (MOU) [...]

Hanwha Voices Hope for Poland’s Submarine Acquisition Project

Hanwha Voices Hope for Poland’s Submarine Acquisition Project

KIELCE, Sept. 7 (Korea Bizwire) — South Korea’s Hanwha Group hopes to strengthen its presence in the Polish defense market by competing in the Eastern European country’s submarine acquisition project, a senior executive at the group’s defense unit has said. Lee Boo-hwan, head of Hanwha Aerospace Co.’s European unit, made the remarks Wednesday in a [...]

S. Korean Defense Firms Seek to Bolster Foothold in Poland at Int’l Arms Exhibition

S. Korean Defense Firms Seek to Bolster Foothold in Poland at Int’l Arms Exhibition

KIELCE, Sept. 6 (Korea Bizwire) — Major South Korean defense companies have showed off tanks, guided weapons and other key weapons systems at an annual arms exhibition under way in Poland, as they seek to solidify their presence in the European country on the back of successful deals signed last year. The 31st International Defense [...]

S. Korean Defense Firms to Take Center Stage at Armaments Exhibition in Poland

S. Korean Defense Firms to Take Center Stage at Armaments Exhibition in Poland

SEOUL, Sept. 5 (Korea Bizwire) — South Korean defense companies were set to showcase advanced weapons systems at an annual major arms exhibition in Poland this week, Seoul’s arms procurement agency said Tuesday, as the two countries seek to step up security cooperation. The International Defense Industry Exhibition, or MSPO, will kick off later in [...]

Poland Emerges as Source of S. Korea’s 5th-biggest Trade Surplus Thanks to Defense Exports

Poland Emerges as Source of S. Korea’s 5th-biggest Trade Surplus Thanks to Defense Exports

SEOUL, June 11 (Korea Bizwire) — Poland emerged as the source of South Korea’s fifth-biggest trade surplus in the January-April period thanks to increased defense industry exports, trade data showed Sunday. South Korea posted a surplus of US$2.71 billion in trading with Poland during the January-April period, following the surplus of $10.85 billion with the [...]

S. Korea, Poland Mull Joint Development of Wheeled Armored Vehicles

S. Korea, Poland Mull Joint Development of Wheeled Armored Vehicles

SEOUL, June 10 (Korea Bizwire) — South Korea and Poland appear to be considering a joint project to develop wheeled armored vehicles, the state arms procurement agency said Saturday. Officials from South Korea’s Defense Acquisition Program Administration (DAPA) visited the state-owned Polska Grupa Zbrojeniowa (PGZ) late last month and discussed the joint development of the [...]