STX Engine Co.,Ltd. announced that it has received KRW 94.350660733 billion in funding from Korea Development Bank, Investment Arm, Woori Bank Co., Ltd., Investment Arm, NongHyup Bank, Investment Arm, KEB Hana Bank, Investment Arm, The Export-Import Bank Of Korea, Investment Arm, Daegu Bank

STX Engine Co.,Ltd. is a Korea-based company mainly engaged in the manufacture of diesel engines. The Company's product portfolio consists of marine diesel engines, which are used for liquefied natural gas (LNG) vessels, oil tankers, container carriers and others; power plants, including medium-speed diesel power plants and low-speed diesel power plants, and military diesel engines, including navy vessel engines, maritime police engines and others. It also engages in the manufacture of electronic communication equipment, such as underwater acoustics, radar systems, tactic communication systems, battle systems, ship automation systems and compromising trade systems.