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Vice Chairman Kwon Oh-kap of Hyudai Heavy Industries Group. (Photo: HHI)
Hyundai Heavy Industries (HHI) suffered about 5 trillion won in operating losses between 2014 and 2015 due to the slumping global shipbuilding industry. In September 2014, Hyundai Oil Bank President Kwon Oh-kap was appointed t…
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A group of dignitaries are lined up at a ceremony to open the Very(AJU) Good Dream Site at the site of the old home of late Chairman Moon Tae-shik, the founder of Aju Group for the children of the region led by Chairman Moon Gyu-young who led the project in mermory of his late father. The group incl…
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Chairman Cho Hyun-joon of Hyosung Group who has been named as chairman of the board recently. (Photos: Hyosung)
Chairman Cho Hyun-joon of Hyosung Group has been named chairman of the board on July 20, succeeding former Chairman Cho Suk-rae, who retired on July 14, completing the third generation ta…
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Samsung SDS, the nation’s largest IT service provider, has decided to jointly set up a “cloud innovation lab” with the world’s largest software company, Microsoft. On top of Samsung SDS, LG CNS and SK E&C, two of the Big Three Korean IC service providers are scrambling to forge cloud allia…
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Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding company, announced on July 26 that it secured 1 trillion won to date this year as a part of the 3.5 trillion won Management Improvement Plan it has been implementing since June 2016 in an effort to rebuild trust in the market …
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President Koh Dong-jin of the Wireless Business Sector of Samsung Electronics Co. explains recently the Galaxy S8 handphone model just put on the market by the electronics giant.(Photo: Samsung Electronics)
Samsung Electronics kept its position as second biggest intellectual property rights r…
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The CEO of a tertiary cooperative company of Hyundai Motor worried about additional costs following the government’s decision to raise the country’s minimum wage.
But he was soon relieved upon hearing the news that Hyundai Motor and Kia Motors would provide financial support to their seco…
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Key executives of Hyundai Motor and Hyundai Capital, the two core affiliates of Hyundai Motor Group, hold a copy of MOU they signed to jointly enter the car sharing service on Aug. 6 through Deal Car, a joint-venture firm.
Hyundai Motor and Hyundai Capital, two affiliates of Hyundai Motor Group, ha…
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POSCO Chairman Kwon Oh-joon
POSCO has once again been named the world’s No. 1 steelmaker. Global steel information service provider World Steel Dynamics (WSD) announced the World-Class Steelmaker Rankings on June 13 in New York. POSCO has topped the list as the world’s best steelmaker for the eig…
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Japan Lotte Holdings held a regular shareholders’ meeting on June 24 in Japan to approve a reshuffle retaining Lotte Group Chairman Shin Dong-bin (center) and eliminating (left Lotte Group founder Shin Kyu-ho and ex-vice chairman Shin Dong-ju.
Lotte Group founder Shin Kyuk-ho has stepped down from…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)To mark its 50th anniversary, S-Oil is boosting its petrochemical competitiveness and accelerating the establishment of a foundation for future growth, centering on the Shaheen Project.On June 28, in ho…
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President Ha Dong-geun of Korea District Heating Corp. (Photos: KDHC)Korea District Heating Corporation (KDHC) announced on May 28 that it was selected as an “excellent” enterprise for enhancing corporate value in 2026 by the Korea Exchange (KRX) a…
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Chairman Kim Sung-jin of Korea Power Exchange (KPX) delivers his inaugural speech as he took office at an inauguration ceremony at KPX headquarters in Naju, Jeollanam-do, on May 6.As Chairman Kim Sung-jin of Korea Power Exchange (KPX) took office, he…
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Dignitaries, including Vice Minister Moon Shin-hak of the Ministry of Trade, Industry and Resources, KOSA Chairman Jang In-hwa, POSCO President Lee Hee-geun, President Lee Bo-ryong of Hyundai Steel, President Choi Sam-young of Dongkuk Steel, Chmn. Kw…
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