Hyundai E&C wins US$1.5b contract to build factory in Russia

Published : Sept 5, 2016 - 09:45 Updated : Sept 5, 2016 - 09:49

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[THE INVESTOR] Hyundai Engineering and Construction announced on Sept. 5 that it has signed a US$1.51 billion contract with Zao Nakhodka Mineral Fertilizers Factory to build a fertilizer plant in Kozmino, Nakhodka on Sept. 3.

This amounts to 8.84 percent of its 2015 revenue.

By Hwang You-mee (glamazon@heraldcorp.com)

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