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Companhia Siderurgica do Pecem (CSP), a steel company in which Dongkuk Steel is invested, broke ground to build a steel plant on July 17 at the Pecem Industrial Complex in Ceara State in northeast Brazil, Dongkuk Steel said recently. The dignitaries participating in the ceremony to kick off the cons…
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LSIS has come close to the localization of a high voltage, direct current (HVDC) electric power transmission system, which is likely to emerge as one of the core smart grid technologies.The company has built an HVDC electric power transmission system production plant in the Hwajeon Industrial Comple…
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When it comes to the development of electric vehicle (EV) automotive parts, LSIS is a latecomer. It was in 1993 that the company launched the study of EV components by participating in a state-funded G7 EV components project. Until a few years ago, the global EV relay market was dominated by su…
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Honorary chairman of LG Group Koo Cha-kyung has successfully been operating the LG Science Hall in both Seoul and Busan for 25 years since his retirement from the group with some 5.15 million people, primarily groups of students and youths, visiting the facilities exhibiting science equipment and in…
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Hyundai Motor posted the largest H1 operating profit in its history this year at 25.023 billion won, up 11.4 percent, second only to a 12 percent jump for BMW in the world auto industry, with 85 percent of its car sales coming from overseas, the auto maker said recently.The significance of the feat …
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K Business Group has been updating its shared growth model focusing on “teaching how to catch fish” instead of “giving fish.” The nation’s third largest conglomerate has decided to expand its shared growth management to three categories °™ education, technology, and funding °™ in order to h…
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Chairman Park Sam-koo of Kumho-Asiana Group said, “We have just completed our reorganization and it’s about time to work for the creation of our group for the second time in the second half.”The chairman at the welcoming ceremony for newly-hired employees on July 2 at the group’s headquart…
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Korea Trade Insurance Corp. celebrated its 20th anniversary on July 6 at its head office in Seorin-dong, downtown Seoul, with a slew of dignitaries attending led by Minister Hong Suk-woo of the Ministry of Knowledge Economy and hundreds of officers and staff of the company including Chairman and Pre…
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Samsung Group’s new Corporate Strategy Office Chief Choi Gee-sung is seeking to spread Samsung Electronics’ “success DNA” - globalization mindset - to the group’s subsidiaries, business sources said.Samsung Electronics CEO and Vice Chairman has been promoted to head the group’s Corporate Strat…
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The Ministry of Strategy and Finance (MOSF) and the American Chamber of Commerce Korea jointly held the KOR-US FTA Utilization Seminar at the Lotte Hotel in downtown Seoul on May 3. The event was attended by over 400 key leaders from both sides including Vice Minister Kim Dong-yon of the MOSF and Ch…
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On May 27, Shinhan Bank President Jung Sang-hyuk poses for a photo with KBO Commissioner Heo Gu-yeon after signing an agreement at KBO Hall in Gangnam-gu, Seoul. (Photo : Shinhan Bank)Shinhan Bank announced on June 12 that it has launched the “Succe…
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Yang Jong-hee, chairman of KB Financial Group pose for a commemorative photo with Yoon In-dae, deputy minister of economy and finance at the Value-Up Company Awards in Seoul, on May 27. (Photo : KB Financial Group)KB Financial Group received the Exce…
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On May 30, Lee Chan-woo, chairman of NongHyup Financial Group poses for a photo with Park Il-young, president of Korea Investment Corporation after inking an agreement on a joint investment in overseas private equity funds at NongHyup Financial Group…
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Yim Jong-yong, chairman of Woori Financial Group, poses for a photo with the first-place team at Woori Financial Dream Round held at Seowon Valley Country Club in Paju, Gyeonggi-do on April 22. (Photo : Woori Financial Group)Woori Financial Group’s …
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