ARHIPELAGO and DELTATECH-KOREA Forge New International Collaboration to Drive Business Innovation and Expansion

Iasi, Romania / Seoul, Korea – [20 February, 2024]

ARHIPELAGO, a leading provider of business community support and infomediary services, and DELTATECH-KOREA Ltd (DTK), a pioneer in cross-border innovation projects, are delighted to announce the signing of a Memorandum of Understanding (MOU) aimed at fostering international collaboration between Romanian and Korean enterprises. This landmark agreement was officially ratified on February 19, 2024, marking the commencement of a strategic partnership that will catalyze business matchmaking and technological cooperation across borders.

Under the terms of the MOU, both parties commit to a synergy of efforts to support businesses from Romania and Korea in identifying and seizing new opportunities for growth, innovation, and sustainable development. This partnership will leverage SC ARHIPELAGO INTERACTIVE SRL’s expertise in organizing trade missions and business events, along with DTK’s robust business network, DelBizNet, to facilitate open innovation projects and technology transfer initiatives.

Key Highlights of the MOU:

  • Business Matchmaking: The agreement prioritizes the exploration of business matchmaking opportunities, aiming to create synergies between Romanian and Korean enterprises.
  • Technology Cooperation: Parties will provide soft landing services to companies seeking to expand into Romania or Korea, fostering technology cooperation and project development.
  • Support for Business Delegations: The collaboration includes support for symposiums, trade missions, exchange visits, and business delegations, enhancing bilateral business relations.
  • Confidentiality and Respect for Business Secrets: Both parties affirm their commitment to maintaining confidentiality, ensuring that business secrets and sensitive information are adequately protected throughout their cooperation.
  • The MOU, set for an initial term of three years, lays the groundwork for a dynamic partnership that will not only advance technological and business cooperation between the two countries but also contribute significantly to the global business ecosystem.

Dr. Marius Alexa of SC ARHIPELAGO INTERACTIVE SRL and Mr. Seung Ho Lee of DELTATECH-KOREA Ltd have both expressed their enthusiasm for the opportunities this collaboration opens up for businesses in both Romania and Korea. They anticipate that this strategic partnership will lead to substantial economic benefits for both countries, driving innovation, and fostering sustainable growth in an increasingly interconnected world.

For further information, please contact:

ARHIPELAGO
Contact Person: Marius Alexa
Iasi, Romania

DELTATECH-KOREA Ltd
Contact Person: Seung Ho Lee
Seoul, Korea

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