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Hyundai Motor Group Chairman Chung Mong-koo attends a ceremony to celebrate the start of the 2013 business year at the group headquarters in Seoul on Jan. 2.Hyundai Motor Group Chairman & CEO Chung Mong-koo unveiled the group’s 2013 sales target of 7.41 million units, a 4.07 percent rise o…
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Kia Motors Co., an affiliate of Hyundai Motor Group, along with Hyundai Motor, won the $15 billion Export Tower award at the 49th Trade Day ceremony on Dec. 5 at COEX in southern Seoul this year.After the carmaker’s launch in 1944, it wasn’t until 1975 that it first exported its vehicles abroad °…
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SK Business Group has decided to introduce a new management system, dubbed the “Separate & Together 3.0 Regime,” to hand over the holding company’s responsibilities to each subsidiary’s board of directors and committee. SK Business Group held the 2nd CEOs’ Seminar at the Acadia Trainin…
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LG Group has carried out a massive personnel reshuffle, moving out the old guard such as LG Corp. Vice Chairman Kang You-shik, the number two man at LG Group, and LG Chem Vice Chairman Kim Ban-seok, as well as promoting 110 executives of the group. LG Corp. Vice Chairman Kang has been transferr…
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Samsung Electronics Chief Operating Officer Lee Jae-yong, the eldest son of Samsung Group Chairman Lee Kun-hee, has been promoted to vice chairman of the Korean electronics giant, solidifying his position over management.The business group carried out its annual massive reshuffle of presidents on De…
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The Korean export industry achieved the feat of surpassing $1 trillion in trade on Dec. 10, breaking the mark for the second consecutive year and joining the ranks of global top eight trade countries, knocking Italy down a notch. “External trade uncertainties, including future developments of …
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President Lee Myung-bak and prize winners pose together for a group photo at a ceremony to mark the 49th anniversary of Trade Day at COEX in Seoul on Dec. 5.A ceremony to mark the 49th anniversary of Trade Day took place at COEX in Seoul on Dec. 5 with a festive mood in the air despite the glob…
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The Korean Standards Association (KSA) has signed a deal with the American Society for Training & Development (ASTD) to exclusively publish the Korean version of ASTD’s monthly, T+D Magazine, which will make its debut next January.T+D Magazine is a monthly of human resources development with a …
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"I declare the Doosan Way to lead the Doosan Business Group, now at 116 years, for another 100 years,” Doosan Chairman Park Yong-man said. The message was contained in a recently released booklet on the business group’s management tenets he had been conceiving for eight years. The palm-…
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Chairman Koo Ja-yol (Christopher) of LS Cable and System Co. took over as chairman of LS Group from his cousin Ja-hong (John), who has been the chairman of the splinter group from LG Group since 2003, based on a decision of the owner families of the three Koo brothers, the group announced on Nov. 11…
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President Baek Jong-hoon of Kumho Petrochemical, Yeosu Mayor Chung Ki-myung and other dignitaries cut the tap at a ceremony to dedicate a CCUS facility at the first lubber plant of Kumho Petrochemical in the Yeosu National Industrial Complex last Jul…
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President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) gives a welcoming speech at a ceremony to open “KEPCO Pavilion” at CES 2026 in Las Vegas, the United States, which took place form Jan. 6 to Jan. 9. (Photo: KEPCO) President Kim Do…
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A whole inside view of Korea Power Exchange’s Central Power Control Center. (Photo: KPX)Korea Power Exchange (KPX) plans to launch a “quasi-centrally scheduled load system” in which renewable energies and virtual power plants are used as scheduled…
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Chmn. Park Jeong-won of Doosan Business Group makes an inspection into the worksite of Doosan Enerbility in Changwon, Gyeongsangnam-do, on Feb. 11. (Photo: Doosan Group)In his New Year’s message, Chairman Park Jeong-won of Doosan Group urged his bus…
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