Hyundai Rotem Participates in France EuroSatory Defense Exhibition... "Expanding European Market Entry"

Sales Activities for European Market Entry of 'Export-Type K2 Tank' and 'Wheeled Armored Vehicle'

Exterior view of Hyundai Rotem exhibition hall participating in Eurosatory exhibition

[Asia Economy Reporter Park Sun-mi] Hyundai Rotem is participating in the 2022 Eurosatory International Defense Exhibition held in France.

On the 14th, Hyundai Rotem announced that it will participate in the Eurosatory International Defense Exhibition held in Paris, France, until the 17th, promoting the K2 tank, wheeled armored vehicles, and multipurpose unmanned vehicles. Eurosatory, which began in 1967 and is held every two years, is the world's largest ground weapons exhibition, with over 1,800 companies from more than 60 countries participating this year. Hyundai Rotem first participated in 2018, and this is its second participation after the 2020 exhibition was canceled due to COVID-19.

Through this exhibition, Hyundai Rotem will focus its sales activities on exporting Korea's main battle tank, the K2 tank, and wheeled armored vehicles. It will also showcase the HR-Sherpa, developed as a multipurpose unmanned vehicle, and next-generation tanks, demonstrating its leading technology in future weapon systems.

Models of the K2NO (Norwegian version) and K2PL (Polish version), which have been modified to meet the requirements of Norway and Poland, countries pursuing tank exports, will be exhibited. Sales activities will be strengthened through meetings with defense delegations from each country and local defense companies. Notably, Hyundai Rotem signed a memorandum of understanding (MOU) for joint development of tanks and armored vehicles with PGZ, a Polish state-owned defense group, the day before, laying the groundwork for targeting the Polish market.

Through this agreement, Hyundai Rotem and PGZ have agreed to strengthen their cooperative relationship in research and development, maintenance, and modernization in the global tank and armored vehicle markets, including Poland, Europe, and the Middle East.

Additionally, Hyundai Rotem plans to promote its advanced ground weapon products and identify additional demand by understanding the security instability and military buildup situation in Europe, heightened by the Russia-Ukraine war. A Hyundai Rotem official stated, "Through participation in this Eurosatory defense exhibition, we will focus on export sales of Hyundai Rotem's main products, including the K2 tank, while promoting our technology that leads future weapon systems."

This content was produced with the assistance of AI translation services.