[34] In 2018, KTCS-2, a category of KTCS designed for mainline tracks, was successfully developed, then with the R&D, performance verification, and product certification completed by Hyundai Rotem.
Hyderabad Metro Rail announced on September 12, 2012, that it has awarded the rolling stock tender to Hyundai Rotem of South Korea.
[37] Hyundai Rotem announced on November 11, 2008, that it had signed a €580m contract to supply the rolling stock for the Marmaray cross-Bosporus tunnel project in Istanbul.
The Korean firm saw off competition from short-listed bidders Alstom, CAF and a consortium of Bombardier, Siemens and Nurol for the 440-vehicle contract which was placed by the Ministry of Transport's General Directorate of Railways, Harbours & Airports.
Some production will be carried out locally by Eurotem, Hyundai Rotem's joint venture with Turkish rolling stock manufacturer TÜVASAŞ.
'Hyundai Rotem has earned the trust of Turkey by providing high quality products and technology', said Executive Vice-chairman Yeo-Sung Lee.
However, due to chronic delays, shoddy workmanship, material shortage, and the death of Hyundai Rotem's chief executive, M.H.