The Korea Herald

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Hyundai Rotem wins W124.8b order from Brazil

By Korea Herald

Published : Dec. 19, 2013 - 19:49

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Hyundai Rotem Co., a South Korean tank and train maker, said Thursday that it has secured a 124.8 billion won ($117.7 million) order to provide subway trains to a Brazilian subway train operator.

The order was placed by Bahia Metro, an operator of Salvador Metro, which is a metro system under construction in the city of Salvador in Bahia state, Brazil, Hyundai Rotem said.

The latest deal pushed Hyundai Rotem’s combined orders to over 1 trillion won since its first deal in 2003 with Brazil for 24 subway trains. (Yonhap News)