Korea Joongang Daily
Korea JoongAng Daily

LIG Nex1 disqualified from Romania’s air defense bid over paperwork error

LIG Nex1, a major Korean defense firm, has been eliminated from competing in Romania's defense project to acquire short-range air defense systems due to a paperwork error and has filed an appeal, according to industry sources Tuesday.

2024-12-24

Consortium with KHNP wins $1.93B bid to refurbish Romanian nuclear plant

A multinational consortium involving the state-run Korea Hydro & Nuclear Power (KHNP) won a 2.8 trillion won ($1.93 billion) contract to refurbish a nuclear power plant in Romania, marking a major feat for Korea's nuclear power exports.

2024-12-19

Korea to export K9 howitzers to Romania in nearly $1 billion deal

Korea will export 1.3 trillion won ($938.7 million) worth of K9 self-propelled howitzers to Romania, marking the Eastern European country's largest weapons acquisition in seven years.

2024-07-10

Korea, Romania set to sign $920M artillery export deal

Korea is poised to secure a $920 million deal with Romania to export K9 self-propelled howitzers to the eastern European country following a defense ministerial meeting.

2024-06-20

Korea, Romania agree to strengthen strategic partnership at summit

President Yoon Suk Yeol and Romanian President Klaus Iohannis agreed to boost cooperation in the defense and nuclear energy sectors at a bilateral summit in Seoul on Tuesday.

2024-04-23

Korea joins consortium for $2B nuclear project in Romania

Korea is participating in a 1.85 billion euro ($1.97 billion) project for a nuclear plant refurbishment in Romania through a tripartite consortium.

2023-10-12

Government reacts to nuclear slump with $605 million order

The government will place nuclear component orders worth 800 billion won ($604.7 million) for local part suppliers, which have suffered a years-long demand slump during the previous administration’s nuclear phase-out.

2023-08-29

Korea inks $213M nuclear deal with Romania

On Tuesday, Korea Hydro & Nuclear Power (KHNP) signed a deal to build a tritium removal facility for the Cernavoda nuclear power plant in Romania, with Nuclearelectrica (SNN), the country’s state-run nuclear power company.

2023-06-27

Hanwha signs MOU with Romania for K9 howtizers

Hanwha Aerospace signed a memorandum of understanding (MOU) with Romania’s state-run defense company to export its K9 self-propelled howitzer and infantry fighting vehicle (IFV), the Korean engine and arms manufacturer announced Tuesday.

2023-02-07

Korea's energy minister pitches for Romanian nuclear business

Minister of Trade, Industry and Energy Lee Chang-yang met with the Romanian Minister of Economy Florin Marian Spataru and Romanian Minister of Energy Virgil-Daniel Popescu at the Lotte Hotel in Seoul on Friday.

2022-12-23