| Business/Company |
 |
|
 |
“Kia Motors has to expand its car production overseas, as its current overseas production is too small in terms of the carmaker’s production scale,” Vice Chairman Chung Ui-son said recently in pointing out Kia’s pressing concerns. He made the remarks at a debut ceremony for the K3 sedan at the A…
|
|
|
President Suh Kyung-bae of AmorePacific said in his commemorative speech at a ceremony for the company’s 67th anniversary that he will lead the cosmetics firm to rank the 7th largest in the world by 2020.He unveiled the vision at the ceremony held on Sept. 5 at the company’s head office in Yongsan…
|
|
Hyosung Corp. has jumped into the electric car battery recharging business in earnest, with Korea Electric Power Corp. selecting the company as a participant in the EV (electric vehicle) Sharing Model Project, the company said recently.The EV Sharing Project involves a driver renting an electricity-…
|
|
CJ Group (Chairman Lee Jae-hyun) saw its logistics business forge ahead of the food sector in the first half of this year, which is a surprise because the group had just started its new sector of business, accounting for around 40 percent of the group’s total sales in the first half, the grou…
|
|
The STX Group said on Sept. 9 that it has agreed with Mechel, Russia’s leading mining company, on a strategic business partnership in shipping and harbor development projects. STX Group chairman Kang Duk-soo and Mechel CEO Igor Zyuzin signed an MOU in a meeting on Sept. 8 on the sidelines of t…
|
|
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…
|
|
|
|
 |
President Kang Kyung-sung of Korea Trade-Investment Promotion Agency (KOTRA) emphasizes the need for Korea to make an inroad into South America, Africa and Southeast Asian countries at a meeting with reporters celebrating his 100 days in office on Fe…
|
 |
President Son Tae-rak of Korea Real Estate Board (REB). (Photos: REB)Korea Real Estate Board (REB) said it was designated as a “Public Architecture Support Center” by the Ministry of Land, Infrastructure and Transport (MOLIT) on March 7. The P…
|
 |
IIAC President Lee Hag-jae of Incheon International Airport Corp. (IIAC), CEOs of IIAC’s subsidiaries, Incheon Airport police and Seoul Regional Aviation Administration and customs authority officials attend a ceremony to establish Incheon Airport’…
|
 |
President Eo Myeong-so of LX Corp. speaks at a lecture at the “2025 Managers’ Workshop” at LX Educational Center on Jan. 22. (Photos: LX)President Eo Myeong-so of LX Corp. held the “2025 Managers’ Workshop” at LX Educational Center on Jan. 22 w…
|
|
|
