Related Press Release
The Coretec Group, Inc. (OTCQB: CRTG) recently announced that it has taken a decisive step toward global leadership in energy innovation with the acquisition of a controlling stake in KIB Plug Energy Co., Ltd. (“KIB Plug Energy”), a prominent KOSPI-listed enterprise in South Korea. This transformative acquisition, coupled with a strategic restructuring of its Core Optics subsidiary and upcoming funding initiatives, solidifies Coretec’s 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.
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About DeFi Technologies
DeFi Technologies is a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance. With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of professionals with extensive experience in financial markets and digital assets, the company is committed to revolutionizing the way individuals and institutions interact with the evolving financial ecosystem. For more information, visit the company’s website at https://defi.tech.
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