Semyung Electric Machinery Wins 2.82 Billion Won Rail Electrification Contract
Bitget2026/11/04 05:18- Semyung Electric Machinery signed a KRW 2.82 billion contract with Samwon Electric Power on Nov. 3, 2026.
- The order covers overhead railway electrification construction between Gomakwon and Muan Airport under phase two of the Honam high-speed railway project.
- The contract represents 8.73% of latest annual revenue.
- Work runs from Nov. 3, 2026, through Jan. 15, 2029.
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