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Chairman Lee Jay-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics announced on May 14 that it has signed an agreement to acquire all shares of FläktGroup, a leading global HVAC solutions provider, for 1.5 billion euros from European investment firm Triton. With …
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Han Seok-won, Senior Executive Vice President and Head of Planning & Coordination Division at Hyundai Motor Group, and Lee Ju-tae, Head of Future Strategy Division at POSCO Holdings, pose at a signing ceremony for a memorandum of understanding for Mutual Cooperation in the Steel and Secondary Ba…
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A whole view of CJ Bio America in Fort Dodge, Iowa, the United States. (Photo: CJ CheilJedang)CJ CheilJedang has decided not to dispose of the green bio business, valued at 6 trillion won.The move may be construed by the company’s strategic decision to cope with rapidly changing business environmen…
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Chairman Shin Dong-won of Nongshim. (Photos: Nongshim)Nongshim held a groundbreaking ceremony for the construction of a pilot greenhouse as a center of exporting “K-Smart Farm” to the Middle East at the Riyadh National Agricultural Center in Saudi Arabia on April 21. The event took place with…
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Honorary Chairman Kim Jae-chul of Dongwon Group. (Photos: Dongwon Group)Dongwon Industries, the holding company of Dongwon Group, posted 124.8 billion won in operating profit in the first quarter of 2025 on a consolidated basis, the company said in a public disclosure on May 8. The company chal…
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Samsung Electronics showcases “2025 Bespoke AI” lineups at its global launch event, Welcome to Bespoke AI, in Seoul, on March 28. (Photo: Samsung Electronics)Samsung Electronics unveiled its refreshed “AI Home” vision and innovative appliance lineup at its global launch event, Welcome to Bespoke…
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Hyundai Motor Group Chairman Chung Eui-sun announces a plan to invest a combined $21 billion in the United States at the Roosevelt Room of the White House in Washington DC on March 24 as President Donald Trump, Louisiana Gov. Jeffrey Martin Landry and Hyundai Motor Vice Chmn. Jang Jae-hoon look on. …
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Chairman Cho Won-tae of Hanjin Group introduces Korean Air’s new CI and livery at “Rising Night” event at a hangar at Korean Air headquarters in Gangseo-gu, Seoul, on March 11.Chairman Cho Won-tae of Hanjin Group laid out this year’s management vision for Korean Air to be a mega carrier in the g…
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Brian Suh Byung-fhy, CTO of Amorepacific’s R&I Center, and Kim Dae-yong, head of BASF Korea’s care chemical business, participate in a ceremony to strike a deal on their joint development of the innovative antioxidant UV protection technology UV-R Pro at Amorepacific’s headquarters in Yongsan…
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President Lim Jung-bae of Daesang Corp. (Photos: Daesang)Daesang’s Jongga is operating “Kimchi Blast Tokyo 2025,” a pop-up store, at Cranes 6142, Shibuya Ward, Tokyo, from April 25 to May 5. The upcoming Tokyo pop-up store will be the fourth one, following ones in Seoul, London and Busan.&nb…
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Chairman Yang Jong-hee of KB Financial Group. (Photo: KB Financial Group)KB Financial Group announced via internet and mobile live broadcasts on April 24 that it posted 1,679.3 billion won in net profit with an ROE of 13.04 percent in the first quart…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group has recorded the company’s highest-ever first-quarter net profit. The growth of its interest income was driven by an increase in loans, des…
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President Kim Sung-tae of the Industrial Bank of Korea (IBK]. (Photo: IBK)Industrial Bank of Korea (IBK) announced on May 12 that it launched the IBK ESG Diagnosis System to support small companies’ ESG management. The IBK ESG Diagnosis System …
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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group’s net profit swelled nearly 10 percent year on year during the first quarter of 2025. This is the best first quarter performance since the company…
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