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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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Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group recorded a net profit of 1.1324 trillion won in the third quarter, a 2.1% decrease from the same period of 2024. Its cumulative net profit for the …
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President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on Nov. 3 that it will pilot its AI Moli Bank Service. AI Moli Bank is a digital bank branch powered by the core technologies and operational know-how of Shin…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group announced its Q3 2025 business results on Oct. 30. Despite declining interest rates, KB Financial Group’s third-quarter net income reached 1.686 trilli…
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NongHyup Financial Group holds the “Love Kimchi Sharing” Event in Wangdaechu Village, Hongcheon-gun of Gangwon Province with the participation of NongHyup Chairman Lee Chan-woo, employees and villagers on Nov. 11. (Photo: NongHyup Financial Group)N…
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