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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 [...]

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 [...]