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Hyundai Rotem Rallies Amid Expectations for More Tank Exports to Poland

Por: MarketWatch Business April 20, 2023

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The rally came as market analysts increasingly bet that the defense company, affiliated with auto maker Hyundai Motor Co., was close to finalizing a new defense contract with Poland this year, following its multibillion-dollar deal in 2022 to supply 180 K2 tanks to the Eastern European country. KB Securities analyst Chung Dong-ik forecast in a research note Thursday that under the anticipated follow-up deal, Hyundai Rotem would supply Poland... + full article



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