Hyundai Rotem Signs Deal with WESTERN Metro to Supply Rolling Stock; Shares Rise 5%

MT Newswires Live

2025/06/02

Hyundai Rotem (KRX:064350) signed a contract with WESTERN Metro to manufacture and supply rolling stock for the Daejang-Hongdae Metropolitan Railway private investment project.

The contract is valued at 132.9 billion won, the South Korean defense products and equipment maker said in a Friday regulatory filing with the Korea Exchange.

Shares of Hyundai Rotem rose nearly 5% in recent trade on Monday.

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