WORLDWIDE‑CORRUPTION

South Korea · Findings · Bid rotation ring

현대해상화재보험(주) · 흥국화재해상보험(주) [1028107837,1028132035]

Why it is here

Indicator “Bid rotation ring”: the same circle of 2 firms at 한국식품연구원 in 4 tenders, winners 2 (rotation); won 251,992,296 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
현대해상화재보험(주) · 흥국화재해상보험(주) [1028107837,1028132035]
Buyer
한국식품연구원
Indicator
Bid rotation ring
Amount
KRW 251,992,296
Found
5 October 2026
Code
KR-16471

JSONFindings · Bid rotation ring