SEOUL, Feb. 25 (Korea Bizwire) — South Korean chipmakers will be affected by export controls that Washington imposed on Russia over the Ukraine crisis, but the impact is not likely to be significant, experts said Friday. The U.S. Commerce Department announced new sanctions Thursday that it said “will severely restrict Russia’s access to technologies and [...]
SEOUL, Feb. 24 (Korea Bizwire) – Ukrainians living in South Korea have voiced frustration and anxieties after Russia attacked their homeland in defiance of global warnings and pleas for a peaceful resolution, praying for the safety of their families back home. Various news articles and posts about the Russian invasion have made the rounds on [...]
TEMECULA, Calif., Feb. 7 (Korea Bizwire) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co., Ltd (Japan), is pleased to announce that Marsel Khaliullin has been named Business Line Manager Aftermarket Services Russia & Cryogenic Industries Service for Nikkiso Industrial Russia (NIR). Based in Russia, he will manage [...]
SEOUL, Dec. 30 (Korea Bizwire) — Air Busan Co., a budget carrier unit of Asiana Airlines Inc., said Thursday it will open the Incheon-Vladivostok route in February to meet business travel demand. Air Busan will offer flights to the Russian far eastern port city every two weeks from Feb. 5, the company said in a [...]
SEOUL, Nov. 26 (Korea Bizwire) — Construction machinery maker Hyundai Construction Equipment said Friday it has obtained orders for 534 units of construction equipment from Russia this month. The deals with unidentified Russian miners and builders include orders for 510 excavators, 15 wheel loaders and nine skid-steer loaders, Hyundai Construction Equipment said in an emailed [...]
SEOUL, Sept. 13 (Korea Bizwire) — South Korean shipbuilder Samsung Heavy Industries Co. said Monday that it has been in talks with contractors to build liquefied natural gas (LNG) carriers to transport the LNG to be produced in northern Siberia of Russia. But “nothing has yet to be determined in the talks,” Samsung Heavy said [...]
SEOUL, Sept. 7 (Korea Bizwire) — KT Corp., a South Korean telecom giant, announced that it would launch a pilot project for an artificial intelligence (AI)-based smart parking control system in the Russian border town of Vladivostok, aimed at alleviating traffic congestion by improving parking efficiency. As part of the pilot project, KT will be [...]
SEOUL, April 15 (Korea Bizwire) — South Korean bio-tech company Isu Abxis said Thursday that a technology transfer deal with Russia’s sovereign wealth fund will pave the way for it to produce Sputnik V COVID-19 vaccine soon. Under the agreement with Russia’s sovereign wealth fund, Russian Direct Investment Fund (RDIF), and local bio firm GL [...]
Malvern, Pennsylvania (USA), Feb. 24 (Korea Bizwire) – Rajant Corporation, the provider of Kinetic Mesh® wireless networks, has entered into a strategic distribution agreement with Russia’s CompTek, the leading Russian reseller of network and telecommunication equipment. This partnership represents Rajant’s further investment in Eastern Europe and CIS to increase support of machine-to-machine (M2M) connectivity and mobility [...]
SEOUL, Dec. 23 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it has acquired General Motors Co.’s auto plant in Russia to step up its vehicle production in the nation. The South Korean automaker finalized the deal in early November to buy the American carmaker’s assembly line in Saint Petersburg, a company spokesperson said, without [...]