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Vice Chairman Chung Ui-sun of Hyundai Motor Group introduces the G90 at Detroit Motor Show on Feb. 12 in Detroit, Michigan, in the U.S.(Photos:Hyundai Motor)
Hyundai Motor Co. posted around 6 trillion won in net profit in 2015, the lowest in five years. The fourth quarter’s operating profit fell 1…
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President Hong Won-pyo of Samsung SDS Solution Division gives a key-note speech at the CES 2016.
Samsung SDS is accelerating efforts to secure markets ahead of other rivals by accumulating patents. In particular, the company is trying to diversify its registration of patents with a focus on foreign…
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Vice Chairman Lee Jay-yong of Samsung Electronics.(Photo:Samsung Electronics)
Samsung Electronics said its revenue in 2015 amounted to 200.650 trillion won, despite a slowdown in the global IT market. The electronics firm’s annual sales exceeded 200 trillion won for the fourth year in a row.…
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Hyundai Oilbank President Moon Jong-bak.
The oil industry became one of the few big industries that ended 2015 with a big smile with operating profit skyrocketing to 4.8 trillion won, the second-highest figure in its history, while many other industries struggled due to the economic slump at home a…
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CEO Nasser Al-Mahasher of S-Oil.(Photo:S-Oil)
President Nasser Al-Mahasher of S-Oil Corp recalled that the oil refinery accomplished a great deal last year in its operational areas, despite the difficult global economy including the steep fall in the price of oil prices. He said management was tigh…
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Vice Chairman Huh Jin-soo of GS Caltex.
GS Caltex launched its local subsidiary in Monterrey, Nuevo Leon, Mexico, to build a plastic compounding plant and sell the product in North America, one of the three major markets in the world for the petrochemical product, the company said recently.
The oi…
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Vice Chairman Chung Chul-khil of SK Innovation.(Photo:SK Innovation)
SK Innovation, South Korea’s top oil refiner, on Feb. 4 posted its second-best performance to date in 2015 thanks to high refining margins on the back of increased global demand for oil products and reduced inventory losses.
The…
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Chairman Kwon Oh-joon of POSCO.
POSCO will export its Finex steel making technology to PKP of Iran, which is on the way to buildinf a $1.6 billion steel plant in the country. The Korean steel giant will take over an 8 percent stake in the proposed Iranian steel plant, according to the Ministry of T…
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Vice Chairman Chung Ui-sun of Hyundai Motor Group, 2nd R, introduces the auto group’s the G90 high-end sedan at Detroit Motor Show Jan. 15-24 in Detroit, Michigan, the U.S.. designed to compete in the luxury sedan market around the world.(Photo:HMG)
The 2016 North America International National Au…
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POSCO Chairman Kwon Oh-joon speaks at the POSCO Family 2016 opening ceremony.ArcelorMittal Chairman Lakshmi N. Mittal poses with POSCO Chairman Kwon Oh-joon, a member of the World Steel Association Executive Committee, after the former accepting the Innovation of the Year Award from the latter at th…
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President Kim Kyung-hwan of Korea Housing-Finance Corporation (HF). (Photos: HF)Korea Housing-Finance Corporation (HF) announced on June 12 that it held a business guarantee briefing jointly with the Korea Housing Association at the Construction Hall…
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President Jung Sang-hyuk of Shinhan Bank.Shinhan Bank held the 4th K-Global Leap Forward Win-Win Forum to support Korean companies’ entry into the U.S. Market, jointly with the Ministry of SMEs and Startups and the Korea Chamber of Commerce and Indu…
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President Lee Hwan-joo of KB Kookmin Bank. (Photos: KB Kookmin Bank)KB Kookmin Bank announced that it has introduced a Braille service to the main menus of its personal internet banking to improve financial accessibility for the visually impaired and…
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President Lee Ho-sung of Hana Bank. (Photos: Hana Bank)Hana Bank announced in late May that it will launch the “Long Live the Republic of Korea Installment Savings Account” for national merit recipients and military and public service members on Ju…
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