Hyundai Rotem - History

History

The company was founded in 1999 as Korea Rolling Stock Corporation (KOROS), the result of merger between then three major rolling stock divisions of Hanjin Heavy Industries, Daewoo Heavy Industries and Hyundai Precision & Industries. The company subsequently changed its name to Railroading Technology System, or Rotem, on 1 January 2002. It adopted its current name in December 2007 to reflect its current owner. Hyundai Rotem currently employs 3,800 and exported to 29 countries worldwide.

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