[Market Focus] "European Expansion" Sends EcoPro Shares Up 20%... Rises to No.2 on KOSDAQ by Market Cap
EcoPro's stock price surged by more than 20% after the company established a sales subsidiary in Europe for the first time since its founding.
As of 2:51 p.m. on January 28, EcoPro was trading at 166,600 won, up 28,200 won (20.38%) from the previous trading day.
On this day, EcoPro announced that it would target the global market by establishing a sales subsidiary in Europe. The company stated that, following the establishment of a production base in Hungary, it has now secured a forward sales outpost as well. The subsidiary will be headed by Director Kimber Birdie.
Hot Picks Today
Despite 10% Annual Interest, Russians Pull Out Cash as Fears of Deposit Nationalization Spread
- "Monami Posts a 10 Billion Won Deficit, But Consistently Awards 4.7 Billion Won in Contracts to the Third-Generation Family Company"
- "JP Morgan Highlights and Analyzes Additional Shareholder Returns, Urging 'Buy More SK hynix Even Now'"
- "Told to Clean, but Crashed Into Furniture"...Xiaomi Robot Vacuum Cleaner Faces Legal Dispute
- "Caught Sneaking Water from Baengnokdam at Dawn"... Jeju Deploys Thermal Imaging AI Drones on Hallasan
EcoPro's market capitalization increased by nearly 4 trillion won in a single day, making it the second-largest company by market cap on the KOSDAQ.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.