Most Popular
-
1
S. Korea, Singapore seal supply chain agreement
-
2
North Korean troops killed, wounded in Ukraine war: Seoul defense minister
-
3
Korean language teaching expert says demand has outstripped supply
-
4
[KH Explains] Samsung chief says he is still ‘hungry’ for foundry growth
![[KH Explains] Samsung chief says he is still ‘hungry’ for foundry growth](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/10/08/20241008050604_0.jpg&u=20241008174640)
-
5
Conscripting women to lead to 'more babies,' claims military think tank
![[KH Explains] Samsung chief says he is still ‘hungry’ for foundry growth](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/10/08/20241008050604_0.jpg&u=20241008174640)
-
6
Who is pollster roiling politics with claims of government string-pulling?
-
7
Taking away phones during school hours not a human rights violation: watchdog
-
8
Kim Jong-un vows to thwart S. Korea-US 'nuclear alliance'
-
9
Korea launches antidumping probe into Chinese steel
-
10
Korea added to key bond index
[Market Now] Hyundai Rotem seeks to supply trains to Iran
By Korea HeraldPublished : May 4, 2016 - 10:13
Hyundai Rotem, a Korean manufacturer of railway systems, said Wednesday that it was seeking to sell its diesel multiple unit trains to the state-owned Iranian railway company.
In a public filing, the company said it has signed a memorandum of understanding with Iranian Islamic Republic Railways to sell 150 DMU trains.
The two sides will proceed with further discussions on the conditions of the sales and related technologies.
Hyundai Rotem is owned by the nation’s top automaker Hyundai Motor, which has a 43.3 percent stake.
By Kim Yoon-mi (yoonmi@heraldcorp.com)
In a public filing, the company said it has signed a memorandum of understanding with Iranian Islamic Republic Railways to sell 150 DMU trains.
The two sides will proceed with further discussions on the conditions of the sales and related technologies.
Hyundai Rotem is owned by the nation’s top automaker Hyundai Motor, which has a 43.3 percent stake.
By Kim Yoon-mi (yoonmi@heraldcorp.com)
-
Articles by Korea Herald
