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An international team of nuclear safety experts, led by the International Atomic Energy Agency (IAEA) has finished a review of safety practices at the Kori Nuclear Power Plant (NPP) near Busan on June 11 following a station blackout event on Feb. 9.The team, which consisted of experts from Belgium, …
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New Korea Hydro & Nuclear Power Co. (KHNP) President & CEO Kim Kyun-seop delivered his inaugural speech in which he urged his staff to restore confidence and pursue innovation on June 11. Kim said, “We’ll have to conduct an overall review of safety operations and crisis management man…
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About 200 electricity experts and industry officials from Korea and abroad attended the Seoul International Conference on the Electricity Market 2012 (SICEM 2012) at COEX InterContinental Hotel in southern Seoul on June 13.Some 20 foreign experts from the United States, France, Singapore, India, and…
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Dr. Lee Taeyong, president of the Korea Institute of Design Promotion (KIDP) said, “We plan to establish a long-term roadmap, for Korean SMEs to ramp up their capabilities and make a quantum leap through design innovation.” “Design, a key to improving SMEs’ competitiveness, give a hig…
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Park Cheol-kyu, president of the Small and medium Business Corporation (SBC), said his corporation has redoubled their efforts to offer support to SMEs, which serve as the backbone of the nation’ s industries.“I think policies could come from the field and I could learn ideas to immediately solve …
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The Sudokwon Landfill Site Management Corp. (SLC) displayed its eco-friendly waste collection and treatment system at the 34th International Exhibition on Environmental Technology & Green Energy (ENVEX 2012). The SLC was one of 230 Korean and 76 foreign exhibitors at the ENVEX 2012, which t…
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Korea Environment Corporation (KECO) displayed the latest air pollution monitoring systems at the 34th International Exhibition on Environmental Technology & Green Energy (ENVEX 2012). KECO was one of 230 Korean and 76 foreign exhibitors at ENVEX 2012, which took place at COEX in Seoul from…
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The LS Group has turned to exploring new growth engine industries such as the smart grid and electric vehicles that will drive the business group down the road. The conglomerate recognizes that now is the right time to do so since new technologies based on the green and smart grid industries ha…
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GS Caltex, the first privately invested oil refinery in Korea, celebrated its 45th anniversary in a ceremony held on May 18, a day before its actual anniversary, at GS Tower in Yeoksam-dong, southern Seoul, with some 400 executives and staff of the oil refinery and cooperative firms attending …
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SK Innovation Co. recently announ-ced its consolidated 2011 financial statement including SK Energy’s crude oil drilling operations, showing total sales revenue of 68.375 trillion won, operating profit of 2.848 trillion won, and net profit of 3.18 trillion won.The annual sales figures are up 27 per…
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Chairman Lee Jae-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics surpassed the milestone of exceeded 20 trillion won in the fourth quarter, the best-ever quarterly figure. It represents a new record for Korean companies.&…
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Chairman Shin Dong-bin of Lotte Group. (Photo: Lotte Group)In a New Year’s message delivered to executives and staff on Jan. 2, Lotte Group Chmn. Shin Dong-bin said, “Let’s make a new history together based on growth and innovation.” Chmn. S…
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KCCI Chmn. Chey Tae-won delivers a welcoming speech at a New Year’s greeting meeting for business leaders on Jan. 2 (Photos: KCCI)Greeting the New Year, business leaders converged to share their resolve and determination to help the national economy…
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Executive Chair Chung Eui-sun of Hyundai Motor Group talks with Vice Chmn. Jang Jae-hoon, President Sung Kim, Senior Executive Vice President Kim Hae-in, Kia Motors President Song Ho-sung and Hyundai Mobis President Lee Gyu-suk at the 2026 HMG New Ye…
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