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Korea Electrical Safety Corp. (KESCO) President Park Cheol-gon Korea Electrical Safety Corp. (KESCO) has adopted an emergency footing to brace for a power shortage crisis during the summer months.
KESCO came up with preemptive preparedness steps against power blackouts in thr…
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Staff of Korea Environment Corp.(KECO) throw black balls mixed with sand, lactic acids, fermented yeast and molasses into streams to improve the quality of water and eliminate odors on June 12 on the occasion of Environment Month.(photo on courtesy of KECO) Korea Environment Cor…
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Korea Electric Power Corp. (KEPCO) has launched a companywide campaign to get rid of 14 “authoritarian remnants” of its role as a public entity, designated by the company in a bid to change its corporate culture into a “speedy, open, and soft one.”
KEPCO’s so-called 14 commandments are compris…
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ETRI President Kim Heung-namThe Electronics and Telecommunications Research Institute (ETRI) has been honored with the Presidential Award, the most coveted prize for organizations, at the 48th Invention Day anniversary event at 63 City in Yeouido, Seoul, on May 15.ETRI has been recognized for making…
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The Korea Institute of Energy Technology Evaluation and Planning (KETEP) holds an explanation session on short,mid, and long-term projects its plans to implement.The Korea Institute of Energy Technology Evaluation and Planning (KETEP) has decided to pour 48.5 billion won into implem…
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Samsung Electronics Co., Ltd. on April 26 announced revenues of 52.87 trillion won on a consolidated basis for the first quarter ended March 31, 2013, a 6 percent decrease from the previous quarter. Consolidated operating profit for the quarter reached 8.78 trillion won, representing a 1-percent dec…
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Vice Chairman Huh Jin-soo of GS Caltex.GS Caltex celebrated its 46th anniversary on May 19 with a ceremony held at GS Tower in Yeoksam-dong, Seoul, with a slew of dignitaries led by Honorary Chairman Hur Dong-soo and Vice Chairman and CEO Huh Jin-soo in attendance along with hundreds of the oil refi…
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BMW will release the i3, the German automaker’s first electric compact vehicle, in Korea next May, BMW Group Korea President Kim Hyo-jun said at an academic conference on electric vehicles on May 14.President Kim told the conference, jointly organized by the Environment Ministry and BMW, “The BMW …
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The Korean parts and materials industry is on a roll. Here are some of the world-class parts and materials, being exported abroad. The Ministry of Trade, Industry and Energy (MOTIE) said Korea posted a $23.2 billion trade surplus for the parts and materials industry for the first quar…
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By Kang Seong-cheon, director general in charge of nuclearindustry policy at the Ministry of Trade, Industry and EnergyThe government plans to establish a committee for the public debate on spent nuclear fuel, a civilian advisory body of the Ministry of Trade, Industry and Energy (MOTIE), charged wi…
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Chairman Lee Jae-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics surpassed the milestone of exceeded 20 trillion won in the fourth quarter, the best-ever quarterly figure. It represents a new record for Korean companies.&…
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Chairman Shin Dong-bin of Lotte Group. (Photo: Lotte Group)In a New Year’s message delivered to executives and staff on Jan. 2, Lotte Group Chmn. Shin Dong-bin said, “Let’s make a new history together based on growth and innovation.” Chmn. S…
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KCCI Chmn. Chey Tae-won delivers a welcoming speech at a New Year’s greeting meeting for business leaders on Jan. 2 (Photos: KCCI)Greeting the New Year, business leaders converged to share their resolve and determination to help the national economy…
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Executive Chair Chung Eui-sun of Hyundai Motor Group talks with Vice Chmn. Jang Jae-hoon, President Sung Kim, Senior Executive Vice President Kim Hae-in, Kia Motors President Song Ho-sung and Hyundai Mobis President Lee Gyu-suk at the 2026 HMG New Ye…
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