As peace negotiations for the end of the Ukraine war gain momentum, Irem's stock price is showing strong performance.
As of 1:31 PM on the 13th, Irem is trading at 1,144 KRW, up 3.44% compared to the previous day.
On the 12th (local time), U.S. President Donald Trump announced that after a phone call with Russian President Vladimir Putin, they agreed to immediately start negotiations to end the Russia-Ukraine war.
During the call with President Putin, President Trump discussed the issue of ending the Ukraine war and told reporters at the White House, "I will mainly communicate with President Putin by phone, but we expect to meet eventually." President Trump and President Putin agreed during the call to begin negotiations for ending the Ukraine war.
President Trump said, "We expect that he will come here (to the U.S.) and I will go there (to Russia)," also mentioning the possibility of mutual visits following a meeting in Saudi Arabia.
Meanwhile, Irem has signed a Memorandum of Understanding (MOU) with the Korea-Ukraine New Building Association (KUNBA). In particular, it produces and supplies stainless steel pipes and super decks, which are essential for urban reconstruction. Accordingly, it is expected to play a key role in post-war recovery projects.
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