Donald Trump’s comments about a potential end to the war have positively impacted Irem. The company recently signed a memorandum of understanding with the South Korea-Ukraine New Building Association (KUNBA) to support Ukraine’s reconstruction efforts.
At 10:31 AM today, Irem’s stock was trading at 1,900 won, reflecting a 5.56% increase from the previous trading day.
Industry sources report that Trump discussed possible ways to end the war during a phone call with Ukrainian President Volodymyr Zelenskyy.
Trump disclosed this conversation on social media, stating, “If elected, the two countries (Russia and Ukraine) will come together to negotiate a deal that ends the violence and paves the way for prosperity.”
Meanwhile, Irem has already signed a memorandum of understanding with KUNBA to support reconstruction projects in Ukraine.
Irem specializes in key components for urban reconstruction, including stainless steel pipes and essential construction materials like those used in the Superdeck project. In February, Irem completed the acquisition of the Superdeck business, which generated sales of 72.4 billion won (approximately $52 million) last year and has achieved an average annual growth rate of 46.7% since 2020.
