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Daewoo Shipbuilding & Marine Engineering Co. (DSME) President Jung Sung-leep. A view of DSME’s shipyard in Okpo, Geojae City, Gyeongsangnam-do. (Photos:DSME)Daewoo Shipbuilding & Marine Engineering Co. (DSME) and STX Offshore & Shipbuilding are establishing a strategic alliance to colla…
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President Kwon Oh-kap of Hyundai Heavy Industries
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, and a leading offshore facilities contractor, will likely win a 310 billion LNG-floating storage and regasification unit (FSRU) from Gazprom.
HHI has been chosen as the preferred bid…
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LG Chem Vice Chairman Park Jin-soo. LG Chem Vice Chairman Park makes an inspection tour to LG Chem’s Yeosu plant. (Photos:LG Chem)
LG Chem’s fourth super absorbent polymer (SAP) plant in the Yonseong district of the Yeosu National Industrial Complex is under construction. If the new plant l…
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Chairman Huh Chang-soo of GS Group who also heads the Federation of Korean Industries as chairman.(Photos:GS Group)Chairman Huh tours the Creative Economy Reform Center in Yeosu, South Jeolla Province, along with key CEOs of the business group including V.Chmn. Huh Jin-soo of GS Caltex, …
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POSCO Chairman Kwon Oh-joon answers questions from reporters about investments into India following his talks with Indian Prime Minister Narendra Modi at the Millennium Hilton Hotel.A number of dignitaries including POSCO Chairman Kwon Oh-joon, Gov. Paul Ne aouyne of Nothern State of New Caledonia, …
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Chairman Chung Mong-koo of Hyundai Motor Group meets with Indian PM Narendra Modi during his visit to Korea on May 19 to discusss the ways to boost Hyundai Group's operation in India including the third auto plant.
Chairman Chung Mong-koo of Hyundai Motor said the auto maker will seriously consider…
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Hyundai Motor Group Chairman Chung Mong-koo.A new three-door crossover concept called the HND-12 Enduro is showcased at the Seoul Motor Show held from April 3-12 at KINTEX in Goyang, north of Seoul. (Photos:Hyundai Motor Group)
One in 10 mid- and large-sized luxury cars being sold in the United Sta…
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President Shin Jong-kyun of Samsung Electronics’ mobile business unit shows Samsung Electronics’ latest flagship smartphone, Galaxy S6 at the the “Galaxy S6 World Tour Seoul” event at its headquarters in Seocho-dong, Seoul, on April 9.(Photo:Samsung Electronics)
Samsung Electronics released its…
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Samsung SDS President Jun Dong-soo (Photo:Samsung SDS)
Samsung SDS unveiled its target of raising sales from some 8 trillion won to a range of 20 trillion won by 2020. During a ceremony to mark the 30th anniversary of its founding, the nation’s largest IT service provider also announced a vision o…
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LG U+’s new headquarters in Yongsan.(Photo:LG U+)
LG U+ has relocated its headquarters from Namsan to Yongsan, ushering an “Era of LG U+ Yongsan.”
LG U+ executives and staff moved into the newly built headquarters on April 6. LG U+, born through a merger between Dacom and PowerComm, had been st…
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CEO Hur Sae-hong of GS Caltex talks with GS Caltex staff members at GS Tower in Gangnam-gu, Seoul. (Photo: GS Caltex)GS Holdings said in an electronic notice released on May 13 that the holding company of GS Group posted 6,842.4 billion won in revenu…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL chalked up more than 1.2 trillion won in operating profit on the back of inventory profit, caused by crude oil price hikes for the first quarter of this year, in results that surprised analysts.Pr…
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Chairman Chang Sae-joo of Dongkuk Steel Group. (Photos: Dongkuk Steel Group)Dongkuk Steel announced on April 24 that it posted sales of 857.2 billion won, an operating profit of 21.4 billion won, and a net profit of 6.2 billion won in the first quart…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility said on April 23 that major Doosan Enerbility executives, including Chmn. Park Gee-won, embarked on efforts to promote cooperation to participate in a new power …
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