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 [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korean bio company GL Rapha will produce over 150 million annual doses of Russia’s COVID-19 vaccine for global distribution, Russia’s sovereign wealth fund said Friday. The Russian Direct Investment Fund (RDIF) said GL Rapha will begin manufacturing Sputnik V in South Korea next month, which it described “the [...]
WASHINGTON, Oct. 19 (Korea Bizwire) — Russia’s military intelligence unit was found to have been behind cyber attacks against the 2018 Winter Olympic Games in South Korea’s alpine town of PyeongChang, the U.S. Department of Justice said Monday. The Justice Department, together with the FBI, charged six officers of the Russian General Staff Main Intelligence [...]
SEOUL, Sept. 24 (Korea Bizwire) — South Korea said Thursday it has agreed with Vietnam and Russia to resume flights following months of suspension over the new coronavirus outbreak. Flights linking Incheon, west of Seoul, with Vietnamese and Russian cities will start this and next month, according to the land and foreign ministries, helping businesspeople [...]
SEOUL, Sept. 10 (Korea Bizwire) — Orion Corp., a major South Korean confectionery company, said Thursday it will build a new factory in Russia to meet growing demand for its products in the Russian and Central Asian markets. The new production facility will be built in the Tver Region in western Russia at a cost [...]
TEMECULA, Calif., Aug. 5 (Korea Bizwire) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a subsidiary of Nikkiso Co., Ltd (Japan), announces the establishment of their new office in Moscow, Russia, managed by Ayman Zeitoun, Vice President, Russia. The facility will allow us to support LNG and Petrochemical customers in the Russian [...]