# INNIO Group and Hyosung Heavy Industries sign memorandum of understanding

INNIO Group and Hyosung Heavy Industries have signed a memorandum of understanding (MoU) for a partnership, though details are not provided in the available text.

- Type: Partnership
- Announced: 2025-03-06
- Status: announced
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hyosung Heavy Industries](https://endata.com/companies/5898.md) (partner)
- [INNIO Group](https://endata.com/companies/12947.md) (partner)

## Sources

- [jenbacher.com](https://www.jenbacher.com/en/news-media/media-center/press-release/innio-gruppe-und-hyosung-heavy-industries-unterzeichnen-absichtserklaerung/), 2025-03-06: "INNIO Gruppe und Hyosung Heavy Industries unterzeichnen Absichtserklärung"

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