WORLDWIDE‑CORRUPTION

South Korea · Findings · Bid rotation ring

제룡전기(주) · 한국전기공업협동조합 [1188200345,2198109069]

Why it is here

Indicator “Bid rotation ring”: the same circle of 2 firms at 한국철도시설공단 in 4 tenders, winners 2 (rotation); won 4,476,450,000 KRW.

A group of firms takes turns to win the tenders of a buyer (bid rotation). Indicators computed from public data sets: contracts, payments, registers, trade and sanctions lists. An indicator is a reason to check, not a decision of a public authority.

Details

Company / subject
제룡전기(주) · 한국전기공업협동조합 [1188200345,2198109069]
Buyer
한국철도시설공단
Indicator
Bid rotation ring
Amount
KRW 4,476,450,000
Found
5 October 2026
Code
KR-10834

JSONFindings · Bid rotation ring