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KEPCO NF won the science and ICT minister’s award in recognition of R&D investments of public entities for the year 2022 and achievements and outcomes of R&D investments. KEPCO NF has been expanding its R&D outlay investments on a continuous basis in recent years. In 202…
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President Kim Hong-yeon of KEPCO KPS, executives and staffers attend a ceremony to mark the 39th anniversary of its founding on April 3. (Photo: KEPCO KPS)KEPCO KPS held a ceremony to mark the 39th anniversary of its founding on April 3 and vowed to continue sustainable growth. KEPCO KPS, a tot…
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Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy (MOTIE), President Hwang Ju-ho of Korea Hydro & Nuclear Power (KHNP) and President Jung Yeon-in of Doosan Enerbility attend a ceremony to strike a contract on the main equipment for Shin Hanul Nuclear Power Units 3&4 at th…
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Executives and officials of Korea Southern Power (KOSPO) headquarters and worksites attend a companywide workshop to renew safety management to go back to the basics, at KOSPO headquarters on March 16. (Photos: KOSPO)Korea Southern Power (KOSPO) has launched effort to have all staff members aware of…
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Executives and staffers of Korea East-West Power (EWP) attend a ceremony to celebrate the 22nd anniversary in which EWP declared “EWP Preparing a Bigger Future through Communication and Integration” at EWP headquarters in Ulsan. (Photo: EWP)Korea East-West Power (EWP) and Korea Land and Housing Co…
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President Kang Goo-young of Korea Aerospace Industries (KAI) announces the vision “Global KAI 2050,” at an online and off-line ceremony on Feb. 11. (Photo: KAI)Korea Aerospace Industries (KAI) declared the vision “Global KAI 2050,” calling for the company to raise sales to 40 trillion won and be…
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Hwang Jin-goo, head of the Hydrogen Energy Business Group at Lotte Chemical, concurrently CEO of the Basic Material Business, shakes hands with CF Industries EO Tony Will after striking an MOU at Lotte World Tower in Jamsil, Seoul, on Feb. 27. (Photo: Lotte Chemical)Lotte Chemical has joined forces …
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LS Cable & System (LS C&S) CEO Koo Bon-kyu and Hammerer Aluminium Industries CEO Rob van Gils pose after striking an agreement to set up a joint venture at LS Yongsan Tower in Seoul, Friday. (Photo: LS C&S)LS C&S is expanding its EV (electric vehicle) parts business through a joint v…
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President Yoon Suk-yeol, Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy, Kim Doo-kyum, mayor of Ulsan City, Amin H. Nasser, President & CEO of Aramco participate in a groundbreaking ceremony at S-OIL Ulsan Refinery for the “Shaheen Project,” Korea’s biggest ever petroch…
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President Ahn Dong-il of Hyundai Steel. (Photos: Hyundai Steel)Hyundai Steel invested a record amount into R&D last year. The step may be construed as the steel maker’s focus on the development of eco-friendly steel products in compliance with global trends, such as decarbonization. I…
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Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed…
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Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of “love” from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat…
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A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli…
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Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I…
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