# Seoho Electric signs KRW 18.9B crane control system supply contract

Seoho Electric has signed a contract with Busan New Port International Terminal to supply electrical control systems for cranes. The contract is valued at KRW 18,908,880,000 (approx. USD 16.5M), representing 31.8% of Seoho Electric's 2016 revenue, with a term until October 31, 2020.

- Type: Contract
- Announced: 2017-07-10
- Where: Busan, South Korea, South Korea
- Value: $16.5M (18.9B KRW)
- Status: announced
- Products: crane control systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Seoho Electric](https://endata.com/companies/17376.md) (supplier)
- [Busan New Port International Terminal](https://endata.com/companies/17377.md) (customer)

## Sources

- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/1381257), 2017-07-10: "서호전기는 부산신항국제터미널과 크레인 제어시스템(ELECTRICAL CONTROL SYSTEM FOR CRANE) 공급계약을 체결했다고 10일 공시했다."

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