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Hyundai Motor Group Chung Mong-koo makes an inspection tour to a car assembling plant in Czech Republic. (Photo: Hyundai Motor Group) "We have to make the Genesis models a success in the United States and spearhead eco-friendly cars,” Hyundai Motor Group Chung Mong-koo said.  Chairman Chung …
Hyundai Mobis President Lim Young-deuk. Hyundai Mobis racked up charming business performances for the second quarter of this year, thanks largely to a recovery of demand in China and an improvement of parts production profitability. Hyundai Mobis posted 784.7 billion won in operating profit in th…
Hyundai Rottem President Kim Seung-tack Hyundai Rotem has landed a deal to supply trains worth about 1 trillion won to Australia. The contract is the largest single deal the company has won in its history. With the signing of the latest deal, the aggregate of the orders Hyundai Rotem has so far wo…
SK Group Chairman Chey Tae-won On Aug. 1, 2015, SK Holdings Co. merged with SK C&C to form the holding company SK Business Group. The holding company now has 13 trillion won in assets.  SK Holdings has made a good start, as the company not only serves as a “control tower” for the busine…
 CJ Group Chairman Lee Jay-hyun. CJ Group is expected to return to an aggressive M&A and investment mode as CJ Group Chairman Lee Jay-hyun was granted leniency along with more than 4,870 people under the presidential pardon marking the anniversary of Korea’s liberation from Japanese colon…
The 2016 renditions of KCON, a Hallyu concert hosted by CJ Group. A long queue was formed in front of the Staples Center in downtown Los Angeles, the home of the LA Lakers of the National Basketball Association, in the afternoon of July 30 to watch KCON, a Hallyu (Korean Wave) concert hosted b…
Chairman Koo Cha-yeol of LS Group. LS Group may pick up the electronic equipment for autos as its new growth engine through its affiliate Daesung Electric Co. Business sources said on Aug. 9 that the group plans to expand its overseas operation by growing its subsidiaries to six from three in the n…
Doosan Group Chairman Park Jeong-won. Doosan Corp., which underwent restructuring in the past two years, saw operating income turn around 300 billion won. Doosan Corp., the holding company of Doosan Group, said in an electronic filing that the company posted 306.3 billion won in operating income i…
A view of AmorePacific’s Sulwhasoo brand outlet in China. (Photo: AmorePacific) AmorePacific logged its best-ever first half business performance this year thanks to a strong showing in China.  AmorePacific said on July 29 that it recorded 1,443.4 billion won in sales in the second quarter o…
LG Household & Health Care is one a roll thanks to the great reception of such brands as SU:M37 LG Household & Health Care logged the biggest-ever business performances for the second quarter of this year. The company saw sales surpass 3 trillion won on a half-year basis. The excellent perf…
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Industry/Energy
KEPCO President Cho Hwan-eik, recently reelected for one year in the second straight year, after finishing his initial full term. (Photo: KEPCO) Before and after the lunar New Year holiday on Jan. 28, Korea Electric Power Corp. (KEPCO)’s nuclear po…
President Jung Ha-hwang of Korea Western Power Co. (KOWEPO). Korea Western Power Co. (KOWEPO) offers a one-stop service program to promote shared growth with cooperative SMEs, ranging from support for their operation funds to manpower development. B…
KOMIPO President Chung Chang-kil and other executives vow their determination to realize a vision of no shutdowns at any of its units this year at a rally at the KIMIPO headquarters in Boryung, Chungcheongnam-do, on Jan. 9. (Photo: KOMIPO) Korea Mid…
President Kim Yong-jin of Korea East-West Power (EWP). Korea East-West Power Co. (EWP) is expanding its business portfolio from the conventional power generation business to related consulting and operation and services.  The power company is …


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