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Representatives from Samsung SDS and its blockchain consortium partners for shipping and logistics pose during an inaugural meeting at its campus in Pangyo, Gyeonggi-do, on May 31. (Photo: Samsung SDS)
The logistics sector has become the first area in Korea to employ a blockchain technology. …
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Vice Chairman Chung Eui-sun introduces the Kona, Hyundai Motor’s new SUV in the B segment of the SUVs at the automaker’s new studio in Ilsan near Seoul on June 13. (Photos: Hyundai Motor)
Vice Chairman Chung Eui-sun debuted the Kona at the Kona World Premiere, the first SUV in the B segment, prod…
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LG Chem Vice Chairman Park Jin-soo. (Photo: LG Chem)LG Chem is concentrating its capabilities on the nurturing of core businesses, including basic materials, batteries, IT/electronics materials and life science. The company aims at becoming a “global top five” chemical company by advancing its bus…
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A number of key officials of Lotte Group led by Chairman Shin Dong-bin clap hands at a ceremony to open the Lotte R&D Center in Magok, Seoul, on June 1.
Lotte Group, Korea's food and retail giant, unveiled on June 1 its new research and development (R&D) center in eastern Seoul, vowing to s…
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CJ Group Chairman Lee Jay-hyun (Photo: CJ Group)CJ Jeiljedang will formally make inroads into the frozen food market in Russia as the company now has taken over Ravioli, a frozen food company in Russia, for 30 billion won, the company announced on June 1. The company is on its way to taking a 90 per…
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Hanwha Chemical President Kim Chang-beom
hanwha Chemical has decided to mass produce an eco-friendly plasticizer that do not cause harm to human body. A plasticizer is added to rubbers and resins to impart flexibility, workability, or strechability.
Hanwha Chemical’s third plant at the Ulsa…
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LSIS Chairman Koo Ja-kyun. (Photos: LSIS)
LSIS said its executives and staff, together with members of the Environment Action Association, and 30 local residents, all chipped in to clean the Anyang Stream, flowing through Seoksu-dong, Anyang, Gyeonggi Province. The group cleared out all kinds of de…
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Former Chairman Cho Suk-rae of Hyosung Group. (Photos: Hyosung Group)
Hyosung Group published a collection of articles written by 80 people on its former Chairman Cho Seok-rae on May 31 through a Publication Committee led by Chairman Sohn Byung-doo, who also heads the Hoam Foundation as chairman.
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Chairman Suh Kyung-bae of AmorePacific Co.A view of Outrun, a sun cream to protect the skin of athletes who train under hot sun, developed by a Lean Startup, run by a number of volunteers among the employees to come with a brand new cosmetics brand for the company. Chairman Suh initiated the in-hous…
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Chairman Shin Choon-ho of Nongshim Group.Vice Chairman Shin Dong-ik of Nongshim Mega Mart.Chairman Shin Choon-ho of Nongshim Group has been preparing for his eventual retirement by giving his shares in a number of key affiliates of the business group to his sons, the most recent being 100,000 shares…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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