WORLDWIDE‑CORRUPTION

South Korea · Findings · Bid rotation ring

신광화학공업(주) · 신기화학공업(주) [6218103399,6218109942]

Why it is here

Indicator “Bid rotation ring”: the same circle of 2 firms at 양산시시설관리공단 in 7 tenders, winners 2 (rotation); won 227,737,000 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
신광화학공업(주) · 신기화학공업(주) [6218103399,6218109942]
Buyer
양산시시설관리공단
Indicator
Bid rotation ring
Amount
KRW 227,737,000
Found
5 October 2026
Code
KR-16976

Findings · Bid rotation ring