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Vice Chairman Lee Jay-yong of Samsung Electronics.(Photo:Samsung Electronics)
Samsung Electronics said its revenue in 2015 amounted to 200.650 trillion won, despite a slowdown in the global IT market. The electronics firm’s annual sales exceeded 200 trillion won for the fourth year in a row.…
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Hyundai Oilbank President Moon Jong-bak.
The oil industry became one of the few big industries that ended 2015 with a big smile with operating profit skyrocketing to 4.8 trillion won, the second-highest figure in its history, while many other industries struggled due to the economic slump at home a…
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CEO Nasser Al-Mahasher of S-Oil.(Photo:S-Oil)
President Nasser Al-Mahasher of S-Oil Corp recalled that the oil refinery accomplished a great deal last year in its operational areas, despite the difficult global economy including the steep fall in the price of oil prices. He said management was tigh…
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Vice Chairman Huh Jin-soo of GS Caltex.
GS Caltex launched its local subsidiary in Monterrey, Nuevo Leon, Mexico, to build a plastic compounding plant and sell the product in North America, one of the three major markets in the world for the petrochemical product, the company said recently.
The oi…
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Vice Chairman Chung Chul-khil of SK Innovation.(Photo:SK Innovation)
SK Innovation, South Korea’s top oil refiner, on Feb. 4 posted its second-best performance to date in 2015 thanks to high refining margins on the back of increased global demand for oil products and reduced inventory losses.
The…
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Chairman Kwon Oh-joon of POSCO.
POSCO will export its Finex steel making technology to PKP of Iran, which is on the way to buildinf a $1.6 billion steel plant in the country. The Korean steel giant will take over an 8 percent stake in the proposed Iranian steel plant, according to the Ministry of T…
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Vice Chairman Chung Ui-sun of Hyundai Motor Group, 2nd R, introduces the auto group’s the G90 high-end sedan at Detroit Motor Show Jan. 15-24 in Detroit, Michigan, the U.S.. designed to compete in the luxury sedan market around the world.(Photo:HMG)
The 2016 North America International National Au…
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POSCO Chairman Kwon Oh-joon speaks at the POSCO Family 2016 opening ceremony.ArcelorMittal Chairman Lakshmi N. Mittal poses with POSCO Chairman Kwon Oh-joon, a member of the World Steel Association Executive Committee, after the former accepting the Innovation of the Year Award from the latter at th…
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Samsung Electronics Vice Chairman Lee Jay-yong.
Samsung Group has set “practicalness” as its 2016 management buzzword, indicating additional group-wide restructuring. Group CEOs have been told to explore new growth businesses and arm themselves with a sense of crisis, as the year 2016 is forecast…
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SK Group Chairman Chey Tae-won speaks at a ceremony to kick off the 2016 business year at the Walker Hill Hotel in Seoul on Jan. 4.
SK Business Group has been pursuing “game changing management” and concentrating its core capacities to tide over crises.
Thanks to the innovative management …
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President Lee Jae-myung shakes hands with Chinese President Xi Jinping prior to their summit talks at the Gyeongju National Museum on Nov. 1. (Photos on the courtesy of the Presidential Office)APEC 2025 Korea, which took place over a four-day run in …
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CEO Kang Yong-seok of Korea Marine Environment Management Corp. (KOEM) poses with attendees as they participated in the “Ocean Climate Change Surveillance and Prediction Forum” at Kensington Hotel in Yeouido, Seoul, on Oct. 22.Korea Marine Environm…
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Geyongsangbuk-do Gov. Lee Cheol-woo. (Photos: Gyeongsangbuk-do)The Gyeongsangbuk-do provincial government has unveiled next year’s 14,036.3 billion won budget plan, focusing on investments in five core areas by capitalizing on the successful hosting…
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President Jung Ki-suck of the National Health Insurance Service poses for a group photo with other attendees as they participated in the “NHIS UHC Global Academy 2025” at the Oak Valley Resort in Wonju, Gangwon-do, which took place from Nov. 3 unti…
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