In early trading on the 20th, Doosan Enerbility jumped 7%. Buying appears to be flowing in on news of a contract to supply equipment for a Czech nuclear power plant.

From left, Karel Havlíček, Czech Deputy Prime Minister and Minister of the Ministry of Trade, Industry and Resources, Son Seung-woo, Head of Power Services BG at Doosan Enerbility, Daniel Procházka, Chief Operating Officer (COO) of Doosan Škoda Power, and Kim Jung-kwan, Korea Minister of the Ministry of Trade, Industry and Resources, pose for a commemorative photo at the signing ceremony for the purchase contract of steam turbines for Units 5 and 6 of the Dukovany nuclear power plant, held on the 16th (local time) in Prague, the capital of the Czech Republic. /Courtesy of Doosan Enerbility

As of 10:06 a.m. that day, Doosan Enerbility was trading at 106,000 won, up 7,600 won (7.72%) from the previous session on the Korea Exchange. It traded as high as 106,800 won intraday, hitting a new 1-year high.

Doosan Enerbility said it signed a 320 billion won contract to supply steam turbines and turbine control systems with its Czech subsidiary Doosan Skoda Power. The two sets of steam turbines and turbine control systems will be supplied for the Czech new nuclear project "Dukovany Units 5 and 6." The deal is the first large-scale contract concluded locally in connection with the Czech Dukovany new nuclear plant construction project that Korea won in Jun. last year.

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