[Market Focus] "European Expansion" Sends EcoPro Shares Up 20%... Rises to No.2 on KOSDAQ by Market Cap

EcoPro's stock price surged by more than 20% after the company established a sales subsidiary in Europe for the first time since its founding.

As of 2:51 p.m. on January 28, EcoPro was trading at 166,600 won, up 28,200 won (20.38%) from the previous trading day.

On this day, EcoPro announced that it would target the global market by establishing a sales subsidiary in Europe. The company stated that, following the establishment of a production base in Hungary, it has now secured a forward sales outpost as well. The subsidiary will be headed by Director Kimber Birdie.

EcoPro's market capitalization increased by nearly 4 trillion won in a single day, making it the second-largest company by market cap on the KOSDAQ.