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Chairman Han Duk-soo gives a speech at a recent gathering on international trade hosted by Korea International Trade Association.New Chairman Dr. Han Duk-soo of Korea International Trade Association(KITA), said the most urgent task to him as the new chairman is to see that the Korea-Unite…
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LG U+ Vice Chairman Lee Sang-chul said one of the 2012 national buzzwords would be "sharing," saying, "The demand for sharing in all segments of society is getting stronger, so unless the demand is fully met, politics, companies or what else can be isolated by people or consumers."Commenting on the …
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Chairman Shin Dong-bin of Lotte Group Chairman Shin Dong-bin of Lotte Group is scheduled to tour five countries in Southeast Asia for about a week, accompanied by a number of key executives of the group to assess their global strategies, making stops in such countries as India, Pakistan, Myanma…
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LSIS Vice Chairman Koo Ja-kyunLSIS has conducted a massive reorganization in order to achieve 4.5 trillion won in sales by 2015. LSIS reorganized its existing organizations, composed of five business headquarters and two sectors, into eight sectors to consolidate the existing business' income system…
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STX Group Chairman Kang Duk-sooChairman Kang Duk-soo in his New Year's speech said STX Group should work for its stable growth through tight management to cut costs and careful selection of projects under responsible management.In the New Year's statement released on Jan. 2, he said the European deb…
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Hyundai Motor Group Chairman & CEO Chung Mong-koo unveiled the group’s 2013 sales target of 7.41 million units, a 4.07 percent rise over the previous year.Delivering his New Year’s message at a ceremony to celebrate the start of the 2013 business year at the group headquarters in Yangjae-dong,…
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The Korea Association of Machinery Industry (KOAMI) held a New Year gathering for those in the machinery industry at 63 City in Yeouido, Seoul, on Jan. 11.Among the roughly 250 people on hand at the event were Minister of Knowledge Economy Hong Suk-woo, Rep. Kim Jung-hoon, of the National Assembly K…
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STX Group Chairman Kang Duk-sooChairman Kang Duk-soo in his New Year's speech said STX Group should work for its stable growth through tight management to cut costs and careful selection of projects under responsible management.In the New Year's statement released on Jan. 2, he said the European deb…
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Hanjin Group Chairman Cho Yang-hoHanjin Business Group has announced its 2012 business plan, which calls for posting 26.945 trillion won in sales and 1.364 trillion won in operating profit. The figures represent a 12.5 percent increase and a 255 percent jump over the 2011 sales target of 23.94 trill…
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Hanwha Group Chairman Kim Seung-younHanwha Business Group, marking the 60th anniversary of its establishment, looks to set a new future business vision to make another leap forward.In his New Year message, Hanwha Group Chairman Kim Seung-youn said, "Hanwha will grow into a global green growth leader…
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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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