Hyundai Movex wins 72 billion won logistics automation supply deal with Kumho Tire

Bitget2026/09/30 01:30

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Hyundai Movex won a KRW 72 billion order from Kumho Tire to supply logistics automation modules, robotics.
Work targets Kumho Tire’s new plant site in Hampyeong County, South Jeolla Province.
Contract runs from Sept. 29, 2026 to Oct. 31, 2028.
Deal equals 18.28% of Hyundai Movex’s 2025 consolidated revenue.
Payment structure includes a 20% advance, with the balance tied to production, delivery, commissioning, acceptance milestones.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Huyndai Movex Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260930900139), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hyundai Movex wins 72 billion won logistics automation supply deal with Kumho Tire

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