WORLDWIDE‑CORRUPTION

South Korea · Findings · Bid rotation ring

(주)형진에스앤씨 · 동방공업(주) [1138614309,1178131703]

Why it is here

Indicator “Bid rotation ring”: the same circle of 2 firms at 코레일유통(주) in 14 tenders, winners 2 (rotation); won 214,044,600 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
(주)형진에스앤씨 · 동방공업(주) [1138614309,1178131703]
Buyer
코레일유통(주)
Indicator
Bid rotation ring
Amount
KRW 214,044,600
Found
5 October 2026
Code
KR-17274

Findings · Bid rotation ring