SEOUL, August 1 (Korea Bizwire) — Poland on Friday signed a deal worth about US$6.5 billion to purchase the second batch of K2 tanks from major South Korean defense contractor Hyundai Rotem Co., Seoul’s defense ministry said. The deal marks the largest-ever arms export contract won by a South Korean company and the first major [...]
SEOUL, July 30 (Korea Bizwire) — A South Korean delegation has visited Poland to deliver President Lee Jae Myung’s message on the commitment to further expanding bilateral cooperation in defense and other areas, Seoul’s foreign ministry said Wednesday. The delegation, led by veteran politician Park Jie-won of the ruling Democratic Party, was the first group [...]
SEOUL, July 23 (Korea Bizwire) — Hyundai Rotem Co., the train manufacturing subsidiary of South Korea’s Hyundai Motor Group, has submitted a bid for a new tram project in Warsaw, Poland, marking its latest push into the European urban rail market, industry sources said Wednesday. According to the sources, Hyundai Rotem participated in a tender [...]
SEOUL, July 3 (Korea Bizwire) — President Lee Jae Myung on Thursday praised Seoul’s recently completed defense export deal with Poland involving South Korean-produced K2 tanks, calling it a “splendid feat” for the Korean defense sector. Lee’s remarks came a day after the Defense Acquisition Program Administration (DAPA) announced that it had secured the second [...]
SEOUL, March 25 (Korea Bizwire) — LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Tuesday it has signed a deal to begin supplying batteries next year for energy storage systems (ESSs) to be built in Poland. LGES will supply lithium iron phosphate (LFP) batteries for the 1-gigawatt-hour (GWh) ESS facility set to [...]
CHUNGJU, Sept. 20 (Korea Bizwire) – A new chapter in cultural exchange is set to unfold in the northern Polish port city of Gdansk as it prepares to welcome the first overseas training center for Taekkyeon, a traditional Korean martial art, on September 23. The 98-square-meter facility, located in a building owned by the city of [...]
SEOUL, Aug. 4 (Korea Bizwire) – South Korea and Poland have agreed to establish a consultative body between their air forces to strengthen bilateral military cooperation following the European country’s adoption of Korean fighter jets, sources said Sunday. The air forces of South Korea and Poland recently reached the agreement and are currently discussing the [...]
SEOUL, Jun. 25 (Korea Bizwire) – Korea Aerospace Industries Co. (KAI) said Tuesday it has forged an agreement with a Polish defense firm to establish a support system for maintenance and related services for its FA-50 fighter jets exported by KAI. KAI said it signed a teaming agreement with WZL-2, a maintenance, repair and overhaul [...]
SEOUL, Apr. 23 (Korea Bizwire) — South Korean defense firm Hanwha Aerospace Co. is expected to export an additional batch of Chunmoo multiple launch rocket systems (MLRS) to Poland, a deal estimated at around 2.2 trillion won (US$1.6 billion), multiple sources said Tuesday. A Polish delegation, led by Deputy Defense Minister Pawel Bejda, plans to [...]
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 [...]