The Coretec Group, Inc. (OTCQB: CRTG) recently announced the acquisition of a controlling stake in KIB Plug Energy Co., Ltd. (“KIB Plug Energy”), a prominent KOSPI-listed enterprise in South Korea, as part of a broader initiative to solidify its status as a global powerhouse in energy and technology. KIB Plug Energy operates across 53 countries, offering design, engineering and manufacturing services, as well as maintenance solutions for chemical and petroleum production plants. Over the past five years, the company has maintained annual revenues exceeding US$70 million, underscoring its financial stability and growth trajectory.
“This acquisition marks a transformative moment in our journey,” Dr. Kim, co-chairman of Coretec, stated in the press release. “We are redefining the energy landscape through groundbreaking innovations and a relentless commitment to sustainable solutions.”
To read the original press release, visit: https://www.nnw.fm/qyVGS
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