IREM is gaining strength amid news that President Trump is releasing updates on ceasefire discussions. It is interpreted as being recognized as a beneficiary stock of Ukraine reconstruction.
As of 9:25 AM on the 4th, IREM is trading at 1,230 KRW, up 3.19% from the previous day.
According to foreign media, on the 2nd (local time), U.S. President Donald Trump told reporters, "Discussions are underway or planned with various parties including Ukraine and Russia," adding, "I think these talks are actually going quite well."
Experts analyzed that the U.S. is actively engaging behind the scenes to end the Russia-Ukraine war.
Meanwhile, IREM signed a business agreement with the Korea-Ukraine New Building Association (KUNBA) for reconstruction projects.
IREM produces and sells stainless steel pipes, essential core components for urban reconstruction projects, and Superdeck, a vital building material. Superdeck is an eco-friendly construction solution that replaces formwork, shortening construction time and reducing carbon emissions.
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