WORLDWIDE‑CORRUPTION

South Korea · Findings · Bid rotation ring

명일산업개발합자회사 · 양양자원개발합자회사 · 주식회사 동해석산 [2278104293,2278107548,2278110271]

Why it is here

Indicator “Bid rotation ring”: the same circle of 3 firms at 강원도 양양군 in 7 tenders, winners 3 (rotation); won 201,498,430 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
명일산업개발합자회사 · 양양자원개발합자회사 · 주식회사 동해석산 [2278104293,2278107548,2278110271]
Buyer
강원도 양양군
Indicator
Bid rotation ring
Amount
KRW 201,498,430
Found
5 October 2026
Code
KR-17565

Findings · Bid rotation ring