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[Article] KOC Electric Doubles Its Exports in 8 Years
[Electric
Newspaper] KOC Electric Doubles Its Exports in 8 Years
Awarded the USD 10 Million Export Tower… Strong
Transformer · Equipment for Ships
KOC Electric Co.,
Ltd.(CEO: Hee-su Hwang) doubled its exports in eight years and received the USD
10 million export tower.
KOC Electric, a 40 year old transformer manufacturer, has long sought to expand
its overseas market to overcome the downturn in the domestic market.
After awarding the USD 5 million export tower in 2012, KOC name has been listed
in the USD 10 million export tower company this year.
Despite the prolonged COVID-19, KOC Electric continued to enjoy strong exports
in the transformers and equipment for ships which have been well-recognized its
quality and technology by shipyards in Japan and China.
In this year, KOC
Electric entered KEPCO and KHNP’s 154kV extra high voltage transformer market
for the first time as a Korean SME and established its position as a major
supplier.
Mr. Hwang, the CEO
of KOC Electric, said, “ In 2021, we will become a global electric power system
company by strengthening our growth momentum, based on world-class
technologies.”