ID :
82271
Tue, 09/29/2009 - 14:18
Auther :
Shortlink :
https://www.oananews.org//node/82271
The shortlink copeid
LS Cable gets 14 bln won order from Siemens
SEOUL, Sept. 29 (Yonhap) -- LS Cable Ltd., South Korea's biggest cable and wire manufacturer, said Tuesday it has won a 14 billion won (US$11.7 million) order from Germany's Siemens AG to supply cables for railroads.
The order calls for LS Cable to provide electricity and telecommunications cables
for a railway construction by Siemens in Saudi Arabia by the end of November, the
South Korean company said in a statement.
"The order is the first achievement since we acquired the European unit of
Superior Essex last year," said LS Cable Chief Executive Officer Sohn Jong-ho in
the statement.
Last year, LS Cable took over Superior Essex Inc. of the U.S., creating the
world's third-largest cable maker.
(END)
The order calls for LS Cable to provide electricity and telecommunications cables
for a railway construction by Siemens in Saudi Arabia by the end of November, the
South Korean company said in a statement.
"The order is the first achievement since we acquired the European unit of
Superior Essex last year," said LS Cable Chief Executive Officer Sohn Jong-ho in
the statement.
Last year, LS Cable took over Superior Essex Inc. of the U.S., creating the
world's third-largest cable maker.
(END)
