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MOBIS is poised to mass-produce core parts for fuel cell electric vehicles.MOBIS has completed the development of core parts for FCEV (Fuel Cell Electric Vehicles) and has recently started to mass-produce them for the first time in the world.The core parts produced at MOBIS’s Chungju Factory are dr…
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Willem Kriel, Korea Business Manager of MPR, and Yang Jun-seok, director of the NSSS Division at KEPCO E&C, sign an MOU on development cooperation for a new pressurized light water reactor model and SMR technology at the NSSS Division meeting room on Feb. 1.KEPCO E&C has teame…
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Chairman Park Sam-koo of Kumho-Asiana Group with Kumho Tires Co. as its major affiliate.Kumho Tires Co. is doing exceedingly well in Australia with its tire logistics center in Glendenning, New South Wales, handling the sale of its tires in the island nation.The auto tire company’ s logistics …
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LSIS CFO Kim Won-il; (3rd from left) and CEOs of LSIS’s excellent SMEs attend an event to promote the "LSpartnership" with its cooperative companies at the Cheongju plant on Jan. 3.President Yoon Jae-ki of Finetech Korea is humming these days as his company has laid a welding automation f…
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POSCO signed an agreement to supply all 11 kinds of steel plates and other steel products to Daewoo Shipbuilding that go into building a floating production storage and offloading(FPSO) facilities.POSCO has been advancing its moves to expand its market share of steel products that go into …
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The Pro.Cee’d, a new sedan model being marketed by Kia Motors won the 2013 Red Dot Design Award.Kia Motors has captured four major awards at the Red Dot Design Awards 2013 with the Cee’d clinching the Best of Best Award in the Product Design Sector, while the Carens, the Cee’d, and the Cee’…
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Korea Electric Power Corp. has signed a deal on project financing for the construction and operation of the world’s largest diesel-powered internal combustion plant in Jordan.Korea Electric Power Corp. (KEPCO) has struck a deal to raise $600 million for the construction and operation of t…
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A view of the main control room of Wolsung Nuclear Power Unit 1.Nuclear energy is almost the cleanest and cheapest energy source available on earth. But the downside of nuclear energy is that a disaster involving its production could conceivably wipe out every living thing on the planet, including h…
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Korea Southern Power President Lee Sang-ho poses for the camera with KOSPO's "best suppliers of the year 2012" after holding a ceremony to designate the best suppliers and present awards to them on Jan. 10. KOSPO held a ceremony to designate the best suppliers of the year 2012 and pre…
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An artist's conception shows a project to transform the Seoul Thermal Power Complex into an underground power plant-cum-tourist attraction.A project to change the Seoul Thermal Power Complex into an underground power plant-cum-prestige historical culture space is gaining momentum with approval…
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Chairman Jin Ok-dong delivers greetings at the 24th Annual General Meeting of Shareholders at Shinhan Financial Group’s headquarters in Seoul, on March 26. (Photos: Shinhan Financial Group)Shinhan Financial Group Chairman Jin Ok-dong said on March 2…
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On March 27, Hana Chairman Ham Young-joo visits a small restaurant to donate a high-efficiency air conditioner as part of his first act after starting his second term. (Photos: Hana Financial Group)Hana Financial Group announced in late March that it…
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Lee Chan-woo, chairman of NongHyup Financial Group. (Photos: NongHyup Financial Group)“Unless we innovate now, there is no bright future for NongHyup Financial Group,” said Lee Chan-woo, chairman, in a meeting with NongHyup subsidiary employees on …
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Chairman & CEO Shin Chang-jae of Kyobo Life Insurance. (Photo: Kyobo Life Insurance)Kyobo Life announced on March 21 that it has been designated as a trustee of the Financial Services Commission (FSC)’s Innovative Financial Services Project, "Ai…
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