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Hyundai Heavy Industries Vice Chairman & CEO Kwon Oh-kap. (Photo: HHI)
Hyundai Heavy Industries (HHI) has decided to split the company into six separate entities to salvage itself amidst the sagging global economy.
The shipbuilding and marine plant businesses, which account for more than 80 pe…
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LSIS Chairman & CEO Koo Ja-kyun (Photos: LSIS)
LSIS has been selected to implement an independent microgrid project in Singapore, setting a platform to tap the Asian MG market.
LSIS has joined such global companies as GE-Alstom and Schneider to participate in a renewable energy-powered i…
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A view of LSIS’s R&D campus in Anyang, Gyeonggi-do. (Photo: LSIS)To this end, the company is focusing on localizing core technologies through R&Ds and securing future growth engines to secure sustainable growth.In January 2015, LSIS dedicated an eco-friendly, intelligent building based on t…
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President Lee Sang-kwon, R, of the Korea Electrical Safety Corp. and President Jang Chul-h, L, of Korea Electrical Contractors Association, hold a copy of the Memorandum of Technical Cooperation on Electrical Safety signed with the Ministry of Industry and Trade of Vietnam represented by Minister Vu…
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Korea Hydro & Nuclear Power (KHNP) has been presented with the Safety Management Grand Prize at the 2016 Global Standard Management Awards ceremony at the Seoul Grand Hilton on Nov. 2. (Photo: KHNP)
Korea Hydro & Nuclear Power (KHNP) was presented with the Safety Management Grand Prize at t…
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Scenes from Daelim Industrial’s overseas worksites where its employees hustle to complete the various construction projects including hotels, residential houses and plants.(Photos: Daelim Industrial)
Daelim Industrial Corp., a major Korean builder, said recently that its net income rose 51.3 perce…
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Korea Electric Power Corp. (KEPCO) is devoting itself to realizing the goal of becoming a global power utilities company. In the latest development, KEPCO signed a letter of intent on Nov. 18 to build a smart campus at Montgomery College in Maryland, Washington DC. Attending at the signing cere…
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KOMIPO President Chung Chang-kil
Korea Midland Power Co. (KOMIPO) has become the first Korean power company to log no shutdowns for 6,000 consecutive days for its thermal power plant. The Boryung Thermal Power Unit 3 set a world record for no shutdowns for 6,000 days of operation at 2:56 p.m. on Se…
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KHNP President Cho Seok (Photos: KHNP)
Korea Hydro & Nuclear Power (KHNP) said on Oct. 5 that the company landed a $530 million (590 billion won) hydro power project in Pakistan.
The project calls for the construction of a 350MW hydro power plant 210 km northeast of the Pakis…
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A view of the POSCO pavilion at the ‘4th Korea International Steel & Nonferrous Metal Industry Expo (SMK)' at KINTEX in Goyang Gyeonggi-do. (Photo: POSCO)
POSCO has become the first Korean steelmaker to produce 0.8 mm-thick hot-rolled coil.
POSCO said on Oct. 10 the company had succeeded in t…
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Seoul Mayor Park is heading a special envoy delegation to the ASEAN for President Moon Jae-in, including Rep. Kim Hyun-mi of the MPK, who was appointed to be minister of land, infrastructure and transport, and Rep. Shin Kyung-min.
Seoul Mayor Park W…
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Prime Minister Lee Nak-yon delivers his inaugural speech on June 1 after he was approved by the 1st premier of President Moon Jae-in government.
Prime Minister Lee Nak-yon took office on June 1 after getting the nod from the National Assembly as the…
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President Moon Jae-in delivers his congratulatory speech at the 2017 AIIB Annual Meeting at the Jeju International Convention Center on June 16. (Photo: Cheong Wa Dae)
President Moon Jae-in on May 10 said the Silk Road by land and sea will be comple…
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Korean National Assembly Speaker Chung Se-kyun poses with foreign parliamentary leaders, including Indian House Speaker Sumitra Mahazan, during their meeting designed to discuss the 2nd Eurasian Parliamentary Summit in Seoul on April 2. (Photo: Natio…
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