STX launched two patrol vessels, B.A.P. Rio Huarmey and B.A.P. Rio Nepena, for the Peruvian Navy at a ceremony attended by President Dina Boluarte.
Korean general trading firm STX has struck a $60 million contract with the Peruvian Army for 30 K808 armored vehicles.
STX Heavy Industries has been named HD Hyundai Marine Engine after HD KSOE's acquisition. Kang Young was appointed CEO.
The Fair Trade Commission conditionally approved HD Korea Shipbuilding & Offshore Engineering's acquisition of marine engine maker STX Heavy Industries.
Korea's STX and Hyundai Rotem signed a $60 million contract with the Peruvian Army to export wheeled armored vehicles.
STX has submitted its letter of intent to acquire Dpeco, a Gangwon-based electric truck maker, as it attempts to jump into the EV market.
STX has launched an online platform called TrollyGo to enable B2B trade of raw materials, promising one-click transactions and market data.
STX's announcement came after trading closed on Thursday. Its shares were down more than 20 percent in the morning trading session on Friday.
STX will acquire a 20 percent stake in a nickel mine in Indonesia, the local trading company said Tuesday.
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) acquired STX Heavy Industries, securing a 35 percent stake in the local ship engine maker for 81.3 billion won ($63.7 million).
Korea JoongAng Daily Sitemap
