Monday, 18 October , 2021
hyundai Archives - Iran News Daily
Hyundai shipbuilding stocks plunge on grim earnings forecast 27 Dec 2017

Hyundai shipbuilding stocks plunge on grim earnings forecast

Shares in Hyundai Heavy Industries plunged by nearly a third on Wednesday after the world’s largest shipbuilder by sales announced a plan to issue new stocks in a bid to shore up its ailing finances. The South Korean firm has struggled amid an industry-wide slump in recent years, as global demand slowed and competition from […]

Hyundai inks €720m rail deal in Iran 03 Dec 2017

Hyundai inks €720m rail deal in Iran

TEHRAN – South Korean Hyundai Rotem signed a deal worth 720 million euro in Tehran on Saturday on building 450 railbuses in Iran. The deal was signed between the South Korean company, the Iranian Rail Industries Development Company, and the Islamic Republic of Iran Railways, known as RAI. The duration of the contract will be […]