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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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VicVice Minister for Trade and Energy Han Jin-hyun speaks at the 48 anniversary of Electricity Day at Korea Electric Power Corp. (KEPCO) headquarters in Seoul on April 10. The nation observed the 48 anniversary of Electricity Day at Korea Electric Power Corp. (KEPCO) headquarters in S…
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A consortium led by Korea Electric Power Corp. (KEPCO) has been awarded a large-scale coal-fired thermal power plant project in Vietnam, valued at $2.3 billion (some 2.6 trillion won), outbidding foreign rival utility consortia.
KEPCO became the final successful bidder of an international bidding f…
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Participants at the 28th Korea Atomic Industrial Forum-Korea Nuclear Society (KAIF-KNS) Annual Conference look at the exhibits at the 2013 Nuclear Industry Exhibition in Jeju on April 14. They include Korea Hydro & Nuclear Power Co. President Kim Kyun-seop; KEPCO E&C Pres…
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Top executives led by President Suh Moon-kyu of Korea National Oil Corp. push buttons declaring the Vision 2020 in a ceremony for the 34th anniversary on March 4 this year.Korea National Oil Corp. (KNOC) celebrated its 34th anniversary on March 4 in a ceremony declaring its new vision, say…
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Korea District Heating Corp. (KDHC) has surpassed 1 trillion won in market capitalization.
KDHC said on April 3 that the company saw market capitalization top the 1 trillion won mark during March, riding on KDHC’ s posting of a record high performance in 2012 and foreign investors’purchase of sha…
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Dignitaries, including Minister of Climate, Energy, and Environment Kim Sung-hwan and Samsung C&T CEO Oh Se-chul, attend a ceremony to dedicate Korea’s first off-grid green hydrogen production facility in Gimcheon, Gyeongsangbuk-do, on March 25.…
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Minister Kim Yun-duk of the Minstery of Land, Infrastructure and Transport (MOLIT) meets with Daewoo E&C Chmn. Jung Won-ju to discuss matters related to the site preparation work of the Gadeok Island new airport construction project at Seoul Nati…
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Chmn. Han Seung-gu of the Federation of Construction Associations (FCA) delivers a speech at the 2026 New Year’s gathering for organizations related to the construction industry on Jan. 14. The Federation of Construction Associations (FCA) held…
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President Oh Se-chul of Samsung C&T Engineering & Construction Group attends a signing ceremony for Samsung C&T’s Marinus Link HVDC project in Australia. Samsung C&T Engineering & Construction (E&C) Group has secured a 4…
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