Hyundai Rotem Targets First 2 Trillion Won Railway Sales

Hyundai Rotem has announced its goal of achieving 2 trillion won in railway sector sales next year, marking the first time in its history to reach this milestone based on expanding overseas business.

Lee Yong-bae, president of Hyundai Rotem, greets reporters after boarding the NIF double-decker train in Sydney, Australia, on the 27th of last month, local time. /Hyundai Rotem

Lee Yong-bae, CEO of Hyundai Rotem, revealed this during an interview with Korean reporters at the company’s electric train maintenance and repair facility in Kangyangi, near Sydney, New South Wales, Australia, on the 27th of last month. The CEO visited Australia with key executives to attend the International Railway Expo (AusRail Plus 2025), held in Melbourne from the 25th of last month, and inspected major business sites. He stated, “This year, we expect railway business (Rail Solution Business Division) sales to reach approximately 1.9 trillion won. Next year, we aim to make a groundbreaking leap by achieving 2 trillion won for the first time.”