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The new entity, created with Cheil Industries’ merger with current Samsung C&T, will be also named Samsung C&T, the de facto holding company of Samsung Business Group.(Photo:Samsung C&T)
Samsung Group’s victory in a battle with U.S. activist hedge fund Elliot Associates over Cheil Ind…
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Chairman Cho Yang-ho of Korean Air.A model of one of the 100 new passenger jets that Korean Air ordered to let them to fly short air routes from 2019. The airliner ordered 50 B737 MAX-8s from Boeing and 50 A321 Neo passenger jets from Airbus which will be delivered from 2019.(Photos:Korean Air…
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Chairman Suh Kyung-bae of AmorePacific.The participants at a recent meeting to forge ties between the owner of Aritaum of AmorePacific and its supporters pose to uphold the value of the cosmetics product.A group of supporters of Aritaum participate at a meeting to study the ways to let the cosmetics…
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Hanwha Business Group Chairman Kim Seung-youn. (Photos: Hanwha Group)63 City Skyscraper will be the home of the Hanwha Galleria TimeWorld Duty-Free Shop, to be opened in December.
The 63 City skyscraper in Yeouido has already become a major Seoul landmark, commanding spectacular views of the city. …
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The leading executives of Hyundai Steel and leaders of the labor union led by V. Chairman Woo Yu-cheol hold the placard for the steel maker’s new vision, “Engineering the Future Beyond Steel,” showing the company’s and the labor union’s resolve to boost the annual sale of the steel maker to 31 …
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CJ Chairman Lee Jay-hyun (Photo:CJ)
CJ is one of the conglomerates that has undergone remarkable change and achieved tremendous achievements over the past two decades. CJ, spun off from Samsung Business Group in 1996, has seen a food company with 1.7 trillion won in sales evolve into a global life …
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SK Group Chairman Chey Tae-wonSK President Cho Dae-shik taps the gravel to announce the approval of a proposal of merging SK and SK C&C at the first extraordinary general meeting of shareholders at the SK Group headquarters in downtown Seoul on June 26.(Photo:SK Group)SK Group went ahead with a …
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POSCO Chairman Kwon Oh-joon (Photo:POSCO)
In a ceremony on June 29, POSCO dedicated a plant to produce steel rods and sections in Vietnam at the No. 2 Pumi Industrial Complex in Vung Tau Province. A slew of both Korean and local dignitaries attended, led by Consul-General Park No-wan in Ho Chi Minh…
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Chairman Chung Mong-koo of Hyundai Motor Group.An array of new car models to be introduced to the auto market in Korea and abroad this year in a bid to achieve the group’s sales target for this year set at 8.2 million units.
(Photos:Hyundai Motor Group)"As the market moves from bad to worse,…
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Samsung Electronics Vice Chairman Lee Jay-yong (Photo:Samsung Electronics)
Samsung Electronics has a two-track strategy: Ramping up its global competitive edge in mainstay businesses this year and maintaining a market leadership in advanced countries and emerging markets. The Korean electronics com…
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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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