Small and medium business of South Korea promotes new contracts in Russia

Small and medium business of South Korea promotes new contracts in Russia


The delegation of the Korean branch of Fund of assistance to small and medium-sized entrepreneurship held talks in Moscow and St. Petersburg, promoting the conclusion of a total of 30 contracts for export of products to Russia.

TOKYO, 11 Oct. Ivan Zakharchenko. The South Korean company of small and medium businesses of Ulsan seek to expand the scope of its activities in Russia, achieving a trade contract is 6.2 million dollars, passed on Sunday, news Agency Yonhap.

According to him, from 13 to 19 September, the delegation of the Ulsan branch of the Foundation for assistance to small and medium entrepreneurship of the Republic of Korea held talks in Moscow and St. Petersburg, promoting the conclusion of a total of 30 contracts for export of products of South Korean companies in Russia.

Among such companies, the Agency notes producing protective coatings for cars Ad-Winner Co., specializing in industrial tools Golden Metal, manufacturer of new materials Il Jin New Material that makes polyester fiber Kumho Fiber, offering packaging materials MCP Co., chemical company Keumjung.

In another report, the Agency Renhap reported that on 6 October in Moscow flew another delegation from Ulsan consisting of representatives of small and medium businesses, which has signed 14 contracts on technical cooperation with Russian partners. The delegation included employees of companies from the field of natural resources, electrical and electronics, metallurgy.

In South Korea’s Ulsan Technopark acts, which since 2012 has been developing ties with Russian research centers for introduction of advanced technologies on medium and small enterprises.