Korea Railroad Corp Increases Lawsuit Claim Against Hyundai Rotem to KRW 93.5B (4.7% of Equity)
- Lawsuit overview: In the damages lawsuit filed by Korea Railroad Corporation against Hyundai Rotem Co., Ltd. and Dawonsys Co., Ltd., the plaintiff amended the claim, increasing the amount from KRW 81.98B to KRW 93.53B (4.7% of equity).
- Claim details: Primary claim seeks KRW 29.67B jointly and KRW 63.86B from Hyundai Rotem alone; preliminary claim seeks KRW 81.98B jointly.
- Case progress: Originally filed in Dec 2023, the claim was amended twice: Dec 2025 and May 2026.
- Company response: Responding through legal counsel; claim amount may change.
- Financial impact: The claim of KRW 93.53B represents 4.7% of year-end 2024 consolidated equity of KRW 2.009T.
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KOSPI Filing Information
- Filing: [Correction of Description] Filing of Lawsuits, etc. and Application (Claims of Specified Amount or More)
- Company: Hyundai-Rotem (064350)
- Submission: Hyundai-Rotem Co.
- Receipt: 05-07-2026
- Under KRX KOSPI Market Division