Raon People Terminates Supply Contract with Hyundai Glovis
[Asia Economy Reporter Hwang Yoon-joo] Raon People announced on the 7th that it has terminated the supply contract for vehicle exterior inspection devices worth 1.5 billion KRW, which was signed with Hyundai Glovis.
Hot Picks Today
"Suspicious Timing?"...Trump Traded Stocks After Praising Wartime Capabilities
- [Breaking] Three basic local government heads and 510 local council members elected unopposed in the June 3 local elections
- "Even If I Lose My Investment, the Government Will Cover It"... The Fund Attracting Retail Investors' Attention [Weekend Money]
- There Is a Distinct Age When Physical Abilities Decline Rapidly... From What Age Do Strength and Endurance Drop?
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
The company stated, "The contract did not meet the test evaluation criteria," and added, "We are conducting a legal review of the termination details and are preparing active responses, including legal action."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.