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According to Yonhap News,
(GWANGJU=Yonhap News) Gwangju City announced May 9 that six regional small- and medium-sized companies (SMEs) visited the Netherlands and Croatia from May 1 to 8 and signed export memorandums of understanding worth USD 8.52 million with local companies.
In order to enter the European market, Energy Solution Tech agreed with a Dutch company to share each other's design and technology to develop convergence products.
Fine Motors discussed with a Dutch company to export 30 ambulances to the Netherlands. Also, the Korean Embassy in Croatia purchased two of Fine Motors' ambulances to supply them to Bosnia.
"We will ensure the SMEs reach export deals with the European companies by supporting their business projects and providing thorough follow-up management," said a city official.
sangwon700@yna.co.kr
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Source: Yonhap News (May 09, 2016)
** This article was translated from the Korean.