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 [...]
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 [...]
SEOUL, July 28 (Korea Bizwire) — Hyundai Rotem Co., South Korea’s sole tank manufacturer, said Thursday it has signed an initial deal to export 1,000 units of the K2 tank to Poland. Hyundai Rotem is in talks with the Polish government to finalize the details of the deal, including the production site and the time [...]
SEOUL, July 28 (Korea Bizwire) — Korea Aerospace Industries (KAI), South Korea’s sole aircraft maker, has signed a basic US$3 billion deal with Poland to export 48 FA-50 light attack fighters, its officials said Thursday. The largest FA-50 export deal was part of the “framework contracts” that the Polish government inked the previous day to [...]
WARSAW/SEOUL, July 27 (Korea Bizwire) — Poland on Wednesday signed basic deals with South Korea to acquire Korean-made FA-50 light attack fighters, K2 battle tanks and K9 self-propelled howitzers. Under the “framework contracts,” Poland is to procure 48 FA-50 jets, 980 K2 battle tanks and 648 K9 howitzers, the Polish government said, describing the deals [...]
SEOUL, July 25 (Korea Bizwire) — South Korea is considering sending to Poland another military attache in charge of arms industry cooperation, an informed source said Monday, following a media report about Warsaw’s push to purchase Korean-made weapons. In an interview with Polish media last week, Polish Defense Minister Mariusz Blaszczak said his country plans [...]
SEOUL, March 22 (Korea Bizwire) — A South Korean Marine draftee who departed for Poland without approval while on vacation is in the custody of Ukraine authorities, a foreign ministry official said Tuesday, amid a report he intends to help Ukraine’s fight against Russia’s invasion. The Marine attempted to enter Ukraine from Poland but was [...]
SEOUL, Nov. 18 (Korea Bizwire) — SKC Co., a chemical unit of South Korea’s No. 3 conglomerate SK Group, said Thursday it will spend 900 billion won (US$760.7 million) to build a battery copper foil factory in Poland, as part of efforts to expand its market presence in Europe. SKC and its battery copper foil-making [...]
SEOUL, June 1 (Korea Bizwire) — As kimchi fever is sweeping across Poland, prompting the launch of a number of kimchi-producing companies, the Polish people are attracting media attention by coming up with a variety of dishes made with kimchi. The Korean Cultural Center in Poland held an online kimchi cooking competition on Instagram from [...]
SEOUL, May 26 (Korea Bizwire) — SK nexilis Co., a chemical unit of South Korean conglomerate SK Group, said Wednesday it will build a new copper foil factory in Europe to meet growing demand for the essential material for rechargeable batteries. SK nexilis, the copper making unit under SKC Inc. said it will expand its [...]