Hyundai Rotem Co. more than doubled its annual operating profit to over 1 trillion won in 2025, driven by strong growth in both railway and defense divisions, with record order backlogs and robust export performance.
#YonhapInfomax #HyundaiRotem #OperatingProfit #RailwaySystems #DefenseExports #OrderBacklog #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=103078
Hyundai Rotem Doubles Annual Operating Profit to 1 Trillion Won as Rail and Defense Units Drive Growth (Comprehensive)
Hyundai Rotem Co. more than doubled its annual operating profit to over 1 trillion won in 2025, driven by strong growth in both railway and defense divisions, with record order backlogs and robust export performance.
South Korea dispatches a high-level delegation led by Chief Presidential Secretary Kang Hoon-sik to Canada, aiming to secure a $45 billion submarine contract, as competition narrows to South Korea and Germany; the deal could generate over 20,000 jobs and boost domestic industry by $30 billion.
#YonhapInfomax #SubmarineContract #HanwhaOcean #HDHyundaiHeavyIndustries #CanadaCPSP #DefenseExports #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=101928South Korea's top business leaders, including Samsung's Lee Jae-yong and Hanwha's Kim Dong-kwan, will visit the UAE to discuss expanded cooperation in AI and defense, following recent high-level talks between the two countries.
#YonhapInfomax #SamsungElectronics #HanwhaGroup #UAE #AICooperation #DefenseExports #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=90738
Lee Jae-yong and Kim Dong-kwan Head to UAE for Talks on AI and Defense Cooperation
South Korea's top business leaders, including Samsung's Lee Jae-yong and Hanwha's Kim Dong-kwan, will visit the UAE to discuss expanded cooperation in AI and defense, following recent high-level talks between the two countries.
South Korea's Chief Presidential Secretary Kang Hoon-sik embarks on a Middle East tour to promote defense exports, meeting with top officials and sovereign wealth funds to expand economic cooperation in sectors like AI, defense, and advanced manufacturing.
#YonhapInfomax #KangHoonSik #DefenseExports #SovereignWealthFunds #StrategicEconomicCooperation #MiddleEastTour #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=90729
President Lee Orders Major Budget Investment in Defense Industry—Calls for All-of-Government Effort
President Lee Jae-myung has called for a major budget boost and all-of-government mobilization to make South Korea a top-four global defense exporter, targeting $20 billion in exports by 2030.
President Lee Jae-myung has called for bold budget investment and an all-of-government push to make South Korea a top-four global defense exporter, citing surging order backlogs and export targets.
#YonhapInfomax #DefenseIndustry #PresidentLee #BudgetInvestment #DefenseExports #KInitiative #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=86974
President Lee Calls for Major Budget Investment in Defense Industry—Urges All-of-Government Effort
President Lee Jae-myung has called for bold budget investment and an all-of-government push to make South Korea a top-four global defense exporter, citing surging order backlogs and export targets.
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