WORLDWIDE‑CORRUPTION

South Korea · Findings · Bid rotation ring

申元建設 株式會社 · 원건설(주) · 주식회사 명성산업개발 · 주식회사 홍원건설 [3018127478,3018624495,3158108029,3158132683]

Why it is here

Indicator “Bid rotation ring”: the same circle of 4 firms at 충청북도 괴산군 in 6 tenders, winners 3 (rotation); won 209,781,280 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
申元建設 株式會社 · 원건설(주) · 주식회사 명성산업개발 · 주식회사 홍원건설 [3018127478,3018624495,3158108029,3158132683]
Buyer
충청북도 괴산군
Indicator
Bid rotation ring
Amount
KRW 209,781,280
Found
5 October 2026
Code
KR-17368

Findings · Bid rotation ring