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The heads of five private economic organizations including the Federation of Korean Industries (FKI) and the Korea Chamber of Commerce and Industry (KCCI) met and agreed that they should come up with measures to cope with the current deterioration in the business environment due to talks on economic…
AmorePacific, Korea’s No. 1 cosmetics maker, aims to be the 7th largest cosmetics maker in the world by 2020, said Chairman Suh Kyung-bae during a dedication ceremony on May 30 for the company’s Beauty Campus in Osan, Gyeonggi Province. The 89,000 square meter cosmetics production and R&D cent…
Hwacheon Group has gone from strength to strength as Korea’s representative machine tools maker since its inception 60 years ago.Hwacheon Group Chairman Kwon Young-yual said his late father Kwon Seung-kwan launched a tiny ironworks factory in 1952 at the height of the Korean War (1950-53) with his …
Companhia Siderurgica do Pecem (CSP), a steel company in which Dongkuk Steel is invested, broke ground to build a steel plant on July 17 at the Pecem Industrial Complex in Ceara State in northeast Brazil, Dongkuk Steel said recently. The dignitaries participating in the ceremony to kick off the cons…
LSIS has come close to the localization of a high voltage, direct current (HVDC) electric power transmission system, which is likely to emerge as one of the core smart grid technologies.The company has built an HVDC electric power transmission system production plant in the Hwajeon Industrial Comple…
When it comes to the development of electric vehicle (EV) automotive parts, LSIS is a latecomer. It was in 1993 that the company launched the study of EV components by participating in a state-funded G7 EV components project. Until a few years ago, the global EV relay market was dominated by su…
Honorary chairman of LG Group Koo Cha-kyung has successfully been operating the LG Science Hall in both Seoul and Busan for 25 years since his retirement from the group with some 5.15 million people, primarily groups of students and youths, visiting the facilities exhibiting science equipment and in…
Hyundai Motor posted the largest H1 operating profit in its history this year at 25.023 billion won, up 11.4 percent, second only to a 12 percent jump for BMW in the world auto industry, with 85 percent of its car sales coming from overseas, the auto maker said recently.The significance of the feat …
K Business Group has been updating its shared growth model focusing on “teaching how to catch fish” instead of “giving fish.” The nation’s third largest conglomerate has decided to expand its shared growth management to three categories °™ education, technology, and funding °™ in order to h…
 Chairman Park Sam-koo of Kumho-Asiana Group said, “We have just completed our reorganization and it’s about time to work for the creation of our group for the second time in the second half.”The chairman at the welcoming ceremony for newly-hired employees on July 2 at the group’s headquart…
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Industry/Energy
   전력거래소(이사장 조영탁)는 “13일 나주 본사에서 조영탁 신임이사장이 취임식을 갖고 3년간의 공식 업무를 시작했다”고 밝혔다.  조영탁 이사장은 취임사에서 공정경쟁과 에너지 전환을 위한 ‘도매시장제도 개선’, 기후변화와 재생에너지 간헐…
28일 경주 'KHNP-IAEA HRD 컨퍼런스' 참여한 주요인사 개막식 테이프커팅28일 경주 'KHNP-IAEA HRD 컨퍼런스' 개회사5월 28일 경북 경주에서 열린 ‘KHNP-IAEA HRD 컨퍼런스’ 홍보전시회에서 정재훈 한국수력원자력 사장(왼쪽)이 한국형 APR1400 신형원전 모형을 미카…
Lotte Group Vice Chairman Huh Soo-young, head of the group’s chemical business unit, and Hyundai Heavy Industries Holdings Vice Chairman Kwon Oh-gap hold each other’s hand with other Hyundai Oilbank and Lotte Chemical officials at a ceremony to sig…
A view of ODC and RUC facilities being built at S-Oil’s Oil Refinery Complex in the Onsan Industrial Complex in Ulju County, South Gyeongsang Province.(Photo: S-Oil)S-Oil is about to complete the construction of a 110-meter-tall iron module at the O…


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