South Korea’s Hyundai Rotem Signed A 720-Million-Euro ($856 Million) Deal With Iran

Hyundai-Rotem Cars Presentation at LAUPT

South Korea’s Hyundai Rotem signed a 720-million-euro ($856 million) deal with Iran on Saturday to manufacture 450 railbuses for suburban trains, Iranian state media reported. The deal was signed in Tehran between Hyundai Rotem, a unit of Hyundai Motors, and Railways of Islamic Republic of Iran at a ceremony attended by Iranian Transport Minister Abbas Akhoundi.…


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