# GMB Korea signs 230.4 billion won hybrid parts supply contract with Hyundai Transys

GMB Korea signed a contract worth 230.4 billion won to supply electric oil pumps and input shaft support assemblies for hybrid vehicles to Hyundai Transys. The contract runs from September 1, 2028 to December 31, 2034, and was signed on November 9, 2026.

- Type: Contract
- Announced: 2026-11-10
- Where: domestic and overseas plants of Hyundai Transys, South Korea
- Value: $230.0M (230.5B KRW)
- Status: announced
- Products: electric oil pumps, input shaft support assemblies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [GMB Korea](https://endata.com/companies/13889.md)
- [Hyundai Transys](https://endata.com/companies/39515.md) (customer)

## Sources

- [cbcglobe.com](https://cbcglobe.com/en/articles/2026/11/10/gmb-korea-signs-230-4-billion-won-hybrid-vehicle-parts-suppl-268ebb94), 2026-11-10: "The contract amount is 230,487,388,103 won (excluding value-added tax), equivalent to 29.3% of the company's recent annual revenue."
- [wowtv.co.kr](https://www.wowtv.co.kr/NewsCenter/News/Read?articleId=202611107208L), 2026-11-10: "계약금액은 2,304.9억원 규모로 최근 지엠비코리아 매출액 7,872.7억원 대비 약 29.3 % 수준이다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.