Seongnam City Secures $8.54 Million in Export Consultations in Poland... K-Defense Targets European Market
Seongnam City: 10 Defense SMEs Participate; $1.72 Million in Contracts in the Works
Mayor Shin Sangjin: "We Will Support Efforts to Turn Consultation Results into Actual Export Contracts"
Small and medium-sized defense companies in Seongnam, Gyeonggi Province, generated $8.54 million in export consultation results in Poland. They are pursuing contracts worth $1.72 million of that total (approximately 2.3 billion won).
Seongnam Mayor Shin Sangjin visits an export consultation event for Seongnam defense technology companies in Wroclaw, Poland, on October 9 (local time), encouraging company representatives as they meet with local buyers. Provided by Seongnam City.
View original imageSeongnam City, led by Mayor Shin Sangjin, said on October 26 that it had sent a delegation of 10 local small and medium-sized defense companies to Wroclaw, Poland, from October 7 to 12. The delegation held 33 one-on-one export consultations with local buyers.
Next Nine, a manufacturer of counter-drone equipment, agreed to jointly bid with a Polish counter-drone company on contracts for six airports in Germany. It also secured agreements to sell its products to companies in Germany and Poland.
Seongnam Mayor Shin Sangjin visited the export consultation event in Wroclaw on October 9 to encourage participating companies and review the consultations. At a meeting with company representatives, he heard about the difficulties they face when entering overseas markets and discussed ways to support them.
During the visit, Seongnam City signed a sister-city agreement with Wroclaw. This is the first time Seongnam City has established a sister-city relationship with a European city. The two cities plan to expand cooperation in economic sectors, including defense and advanced industries.
The Seongnam Industry Promotion Agency and the Polish Chamber of National Defence Manufacturers (PCNDM) also signed a business agreement. The two organizations agreed to cooperate on technology exchanges, sharing market information, and joint research and development.
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Mayor Shin said, "The sister-city agreement with Wroclaw gives us an opportunity to further strengthen economic cooperation. We will actively support these consultation results in translating into actual export contracts."
Seongnam Mayor Shin Sangjin poses for a photo with company representatives at an export consultation event for Seongnam-based defense and advanced technology companies in Wroclaw, Poland, on October 9 (local time). Courtesy of Seongnam City.
View original imageMeanwhile, this year Seongnam City sent market development delegations to three regions—the Commonwealth of Independent States (CIS), Northern Europe, and Poland—to support the overseas expansion of 27 small and medium-sized businesses. The export consultation results generated in these regions totaled $21.78 million (approximately 30.4 billion won).
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