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The Korea Herald
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THE INVESTOR
April 25, 2024

Market Now

Samsung Engineering wins W136b order from Nexen Tire

  • PUBLISHED :March 23, 2017 - 13:19
  • UPDATED :March 23, 2017 - 13:19
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[DISCLOSURE] Samsung Engineering (028050) announced on March 23 that it has signed a 135.69 billion won (US$121.19 million) contract with Nexen Tire(005720)’s Czech branch to build a factory. 

This amounts to 2.11 percent of its 2015 revenue and the contract is valid from April 1, 2017 to May 31, 2019. 

By Hwang You-mee (theinvestor@heraldcorp.com)

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