[Asia Economy Reporter Lee Junhyung] Hyundai Movex announced on the 19th that it has signed a contract to supply tire process automation equipment with Shanghai Sats International Trade Co., Ltd. in China.



The contract amount is approximately 28.1 billion KRW, which is 14.2% of Hyundai Movex's sales of 197.5 billion KRW last year. The contract period is from the 17th of this month to February 28, 2024. The supply region is Serbia, Europe.


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