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Chairman Park Seung-joon of Construction Guarantee(CG). Construction Guarantee (CG) announced that its net profit for 2016 amounted to 172 billion won, up 82.9 percent from the preceding year, the largest in the company’s history. CG made the announcement at the 111th regular conference on March 2…
Standing Director Huh Yoon-hong of GS Engineering and Construction Co. GS Engineering & Construction (E&C) is poised to enter the U.S. housing market, participating in a reconstruction project of old apartments in Silicon Valley, California. Managing Director Huh Yoon-hong of GS E&C, t…
President Choi Chi-hoon of Samsung C&T. President Choi Chi-hoon of Samsung C&T Construction said the company this year will focus on risk management to safeguard profitability. In a letter sent on March 12 to shareholders who are slated for March 24, Choi said the construction sector will …
Chairman Yoo Joo-hyun of the Construcion Association of Korea. President Yoo Joo-hyun of Shinhan Construction has been officially named the 27th chairman of the Construction Association of Korea.  The announcement came at a meeting of government officials in charge of construction policies le…
Source: Hyundai E&C Hyundai Engineering and Construction Co. (HDEC) had a record year in 2016 with its operating profit surpassing 1 trillion won, the best in the construction industry, despite a slowdown in the global construction market.  The company on Feb. 26 said that its consolidate…
Residents at Samsung C&T Village on Chargaon, Maharashtra State in India gesture to extend thanks for the dedication of the village, built by Samsung C&T. (Photo: Samsung C&T) Since building Samsung C&T Village in Pasirharang Town on Java Island, Indonesia in 2015, Samsung C&T C…
A drawing of the 3.7 km long Canakkale Suspension Bridge to be built over Dardanelles Strait in Turkey by 2023 at the cost of 3.5 tln won.(Photo: SK E&C) SK Engineering & Construction (E&C) and Daelim Industrial won a 3.5 trillion ($3 billion) contract to construct the world's longest s…
Dignitaries, including Acting President Hwang Kyo-ahn,; Minister Kang Ho-in of the Ministry of Land, Infrastructure and Transport (MOLIT),; Chairman Cho Jung-shik of the National Assembly Land, Infrastructure and Transport Committee,; and Chairman Choi Sam-kyu of the Federation of Construction Assoc…
President Choi Kwang-cheol of SK Engineering and Construction Co. SK Engineering and Construction Co. announced on Dec 21 that it completed the construction of the Eurasia Undersea Tunnel, which stretches 5.4 km under the Bosphorus Strait connecting Europe and Asia. The new undersea tunnel, the fi…
Chairman Park Seung-joon of Construction Guarantee. Construction Guarantee moved its branch in Yesan County, South Chungcheong Province, to Naepo New City, South Chungcheong Province on Nov. 10 and named it as its Hongseong Branch before formally opening it in a ceremony on Nov. 10. Dignitaries at…
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Industry/Energy
Hyundai Motor Group Executive Chair Chung Eui-sun, POSCO Group Chmn. Jang In-hwa, Louisiana Governor Jeff Landry, Rep. Troy Carter, MOTIR Minister Kim Jung-kwan, U.S. Under Secretary of Commerce for International Trade William Kimmitt, and Hyundai St…
Senior Executive Vice President Won Kwang-sik of HD Hyundai Heavy Industries (left) receives a plaque of appreciation from Pietro Barabaschi, Director-General of the ITER Organization (right), at the 'KOREA-ITER Fusion Day' event held in Cadarache, s…
“XTeer,” an engine oil exclusively for hydrogen internal combustion engines, developed and supplied by HD Hyundai Oilbank. (Photo: HD Hyundai Oilbank)HD Hyundai Oilbank launched a drive to capture the hydrogen mobility lubricant market by developin…
EWP President Kwon Myung-ho (right) checks important points at a planned construction site for a 1,000 MW combined cycle power plant.Korea East-West Power (EWP) announced on Sept. 2 that EWP President Kwon Myung-ho and other executives visited a plan…


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