South Korean ITOXI invests in two glass factories in Ukraine. The two glass factories will be developed by City One Development and located in the City of Glass industrial park in Berezan, Kyiv region, and the Galicia industrial park in Kalush, Ivano-Frankivsk r... #CityOneDevelopment #GlassFactory #GlassProduction #investments #ITOXI #SouthKorea #UkraineEconomy
A South Korean company is set to construct a $106M waste-fired combined heat and power (CHP) plant in Odesa. Posco International, a South Korean corporation, plans to build a thermal power plant in Odesa that will utilize waste as fuel. This project aims to establish an RDF-fueled CHP plant as a modern, inte... #CHPukraine #energyukraine #investments #Odesa #PoscoInternational #SouthKorea
South Korean LS Group is seeking partners to build a tractor factory in Ukraine. As reported by Minister of Agrarian Policy Vitaly Koval, “The construction of a tractor plant is not only a viable investment but also a strategic move for the development of the Ukrainian agric... #AgriculturalMachinery #investments #LSGroup #SouthKorea #TractorsProduction #VitaliyKoval
HD Hyundai has opened a representative office in Ukraine and plans to participate in Ukraine’s reconstruction efforts. South Korean company HD Hyundai XiteSolution has officially established a representative office in Kyiv. According to the Ministry of Economy, the company embodies a comprehensive approach to cooperat... #ConstructionEquipment #Hyundai #investments #SouthKorea #UkraineReconstruction
South Korean HD Hyundai will build a customs and logistics hub in the Lviv region. The First Deputy Chairman of the Lviv Regional Development Agency, Andriy Godyk, met with representatives from the South Korean company HD Hyundai XiteSolution to discuss the supply of specialized equ... #Hyundai #LogisticsHub #SouthKorea #Львів
Ukraine’s trade volume will continue to grow with its Western partners. The Eastern Committee of the German Economy reported that the volume of Ukrainian-German trade in 2024 could reach €11-12B. Currently, both exports and imports are growing. For comparison, in pre-war ... #Germany #SouthKorea #UkraineExport #UkraineForeignTrade #UkraineImport
South Korea decline to sell arms to Ukraine; Netherlands provides additional Patriot launchers. Seoul has rejected a Ukrainian delegation led by Defense Minister Rustem Umerov that sought to purchase South Korean weapons. The delegation met with President Yoon Suk-yeol and the South Korean defen... #PatriotMissiles #RubenBrekelmans #RustemUmerov #SouthKorea #SouthKoreaWeapon #YoonSukYeol
A South Korean delegation is on its way to Ukraine to discuss countermeasures in response to the war’s escalation. A South Korean delegation will visit Ukraine this week to share information about the deployment of North Korean troops to Russia and discuss cooperation measures, South Korean President Yoon Suk Yeol... #NorthKoreanSoldiers #SouthKorea #WarEscalation #WarinUkraine #YoonSukYeol
South Korea will consider providing weapons to Ukraine if North Korea does not withdraw its troops from Russia. South Korea promised to take step-by-step measures against North Korea and Russia through deepening military cooperation and called on North Korea to immediately withdraw its forces from Russia. In th... #NorthKoreanSoldiers #SébastienLecornu #SouthKorea #VictoryPlan #WarinUkraine
Ukraine will receive hundreds of millions in loans from Canada and the Bank of Korea. Ukraine plans to obtain a loan from the Export-Import Bank of Korea for up to $100M and has finalized the primary conditions for the state’s external borrowing. These funds will be directed to t... #BankOfKorea #Canada #HealUkraine #LoanForUkraine #SouthKorea
Ukraine is negotiating with South Korea to purchase 20 Hyundai trains worth $400M for UZ. Ukrainian Railways (UZ) plans to expand its fleet of intercity high-speed trains with 20 more Hyundai Rotem models that will enable the transportation of up to six million passengers per year, said Ol... #ElectricTrains #Hyundai #SouthKorea #UkrainianRailways
The upcoming NATO Summit promises to strengthen Ukraine’s air defense. US President Joe Biden will meet with Ukrainian President Volodymyr Zelenskyy on the sidelines of the NATO summit in Washington to discuss further support of Ukraine, the White House announced. “... #JensStoltenberg #JoeBiden #NATOsummit #SouthKorea #UkraineNATO #Washington #Zelenskyy
