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S. Korea Inks 1.3 Tln-won Deal to Supply K-9 Howitzers to Romania

S. Korea Inks 1.3 Tln-won Deal to Supply K-9 Howitzers to Romania

SEOUL, Jul. 10 (Korea Bizwire) — South Korea has struck a 1.3 trillion-won (US$939 million) deal to supply weapons, including K-9 self-propelled howitzers, to Romania, the state arms procurement agency said Wednesday, the latest in Seoul’s push to clinch major arms export deals. Under the agreement signed Tuesday, South Korean defense giant Hanwha Aerospace will [...]

KHNP Begins Construction of Nuclear Power Facility in Romania

KHNP Begins Construction of Nuclear Power Facility in Romania

SEOUL, Jun. 11 (Korea Bizwire) — The state-run Korea Hydro & Nuclear Power Co. (KHNP) said Tuesday it has begun the construction of a tritium removal facility for a nuclear power plant in Romania. KHNP won the 260 billion-won (US$188 million) project last year at the Cernavoda Nuclear Power Plant, some 170 kilometers east of [...]

S. Korea Wins 260 bln-won Deal to Build Nuclear Power Facility in Romania

S. Korea Wins 260 bln-won Deal to Build Nuclear Power Facility in Romania

SEOUL, June 27 (Korea Bizwire) — South Korea won a 260 billion-won (US$225 million) deal Tuesday to build a tritium removal facility at a Romanian nuclear power plant that will help ensure its safe operation and boost South Korea’s nuclear power industry, the industry ministry said. Under the deal with Romania’s nuclear energy company SNN, [...]

LIG Nex1 Signs MOU with Romania on Air Defense System

LIG Nex1 Signs MOU with Romania on Air Defense System

SEOUL, Feb. 9 (Korea Bizwire) — LIG Nex1 Co., a major South Korean defense firm, has signed an agreement with Romania on cooperation in the surface-to-air missile field, the company said Thursday. The aerospace manufacturer said it inked the memorandum of understanding (MOU) with ROMARM, Romania’s state-run defense company, at the southeastern European country’s ministry [...]

S. Korea Donates COVID-19 Test Kits to Romania

S. Korea Donates COVID-19 Test Kits to Romania

SEOUL, May 26 (Korea Bizwire) — South Korea and Romania continue to engage in cooperation to fight against the pandemic. The South Korean Embassy in Romania said Wednesday it had donated some 600,000 Korean-made COVID-19 test kits to the Romanian government. This follows the European country’s donation of surplus vaccines to South Korea last summer [...]

Euro Sun Announces Receipt of Authorization to Begin Mining Activities at Rovina Valley Project From National Agency for Mineral Resources

Euro Sun Announces Receipt of Authorization to Begin Mining Activities at Rovina Valley Project From National Agency for Mineral Resources

TORONTO, Apr. 11 (Korea Bizwire) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that Samax Romania SRL, the 100% owned subsidiary of Euro Sun Mining, has received authorization to begin mining activities at its Rovina Valley Project from The National Agency for Mineral Resources (“NAMR”) in accordance [...]

Nasdaq and OPCOM Sign New Market Technology Agreement

Nasdaq and OPCOM Sign New Market Technology Agreement

STOCKHOLM, Sweden and BUCHAREST, Romania, Feb. 14 (Korea Bizwire) — Nasdaq Inc. (Nasdaq:NDAQ) and Operatorul Pietei de Energie Electrica si Gaze Naturale (OPCOM) have signed a new market technology agreement for Nasdaq to deliver new matching engine and clearing technology via the Nasdaq Financial Framework architecture to Romania’s market operator for gas and electricity. OPCOM [...]

Daewoo Shipbuilding Says Negotiations Under Way with Romania

Daewoo Shipbuilding Says Negotiations Under Way with Romania

SEOUL, Jan. 16 (Korea Bizwire) – Daewoo Shipbuilding & Marine Engineering Co., a major South Korean shipbuilder, said Tuesday it has been holding negotiations with Romania over the sale of the European country’s largest shipyard. Romania’s state-owned company 2 Mai S.A. Mangalia shipyard informed Daewoo Shipbuilding on Jan. 5 of its intention to exercise its [...]

‘Descendants of the Sun’ to be Exported to Over 27 Countries

‘Descendants of the Sun’ to be Exported to Over 27 Countries

SEOUL, March 24 (Korea Bizwire) - South Korean TV sensation “Descendants of the Sun” has been exported to 27 countries and the number is set to grow, its production company said Wednesday. Next Entertainment World said that the burgeoning attention the drama has been attracting overseas raised the possibility of sealing more broadcasting contracts in the [...]