Independent journal on economy and transport policy
19:46 GMT+2
Hyundai Heavy seen to take over Halla Heavy
(The Korea Herald)
May 24, 1999
Hyundai Heavy Industries is likely to acquire struggling Halla Heavy Industries, business sources said yesterday.
Halla, which was placed under court receivership in November last year, planned to raise foreign capital to pay back bridge loans it obtained to keep its shipyard operating.
The depressed world market for shipbuilding, however, is making it ...... Read more on The Korea Herald
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher