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…

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…

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…

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…

Kumho Asiana Business Group Chairman Park Sam-kooIn his New Year message, Kumho Asiana Business Group Chairman Park Sam-koo called for rebuilding the Kumho Asiana Business Group. "This year marks the third year for Kumho Industrial Co. and Kumho Tire's respective workout programs for restructur…

LS Group Chairman John KooLS Group Chairman John Koo called for his executives and staff to have a new perspective and mindset.In his New Year message released on Jan. 2., Koo said, "The year 2012 will still be an uncertain business environment and we will be faced with hardships. It will not be eas…

GS Group Chairman Huh Chang-sooGS Group will invest 3.1 trillion won, up 48 percent from last year, in such areas as energy, retailing and construction so that its turnover this year would increase by 7 trillion won from last year to 75 trillion won, the group said recently. The group said that the …

Chairman Chung Joon-yang of POSCOChairman Chung Joon-yang of POSCO said the steelmaker will try to increase its operating profit 2 percent more than its closest rival steelmakers this year through the development of new steel products and cost cutting mixed with global total solution marketing under…

Chairman Chey Tae-won of SK GroupChairman Chey Tae-won of the SK Group said the group should invest more and create more jobs when the economy is going badly to put it on the right track for growth through aggressive management.During his New Year meeting with the group's key executives on Jan. 3, t…