12 builders fined for collusion in bid for rail project
Last Updated : GMT 09:03:51
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Last Updated : GMT 09:03:51
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12 builders fined for collusion in bid for rail project

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Almaghrib Today, almaghrib today 12 builders fined for collusion in bid for rail project

Seoul - Yonhap

South Korea's antitrust watchdog said Monday that it has fined 12 construction firms a combined 40.2 billion won (US$37.2 million) for collusion in the bidding process for a large-scale metropolitan railway construction project. Those subject to the fine include big name builders such as Hyundai Engineering & Construction Co., Daelim Industrial Co., Samsung C&T Corp., POSCO Engineering & Construction Co., SK Engineering & Construction Co. and GS Engineering & Construction Co., according to the Fair Trade Commission (FTC).

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12 builders fined for collusion in bid for rail project 12 builders fined for collusion in bid for rail project

 



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12 builders fined for collusion in bid for rail project 12 builders fined for collusion in bid for rail project

 



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