The coveted Order of Industrial Service, Silver Tower, went to Samsung Electro-Mechanics President Choi Chi-joon in recognition of his company’s saving 42.4 billion in energy costs by implementing an energy reduction regime based on a global energy management system. Choi is one of the 107 pri…

POSCO became the first company in Korea to receive an AA grade for the 4th consecutive time in the ‘Compliance Program.’  POSCO, since having acquired an AA grade in the ‘Compliance Program,’ which was first started in 2006 by the Fair Trade Commission, has successfully maintained the highe…

POSCO became the first company in Korea to receive an AA grade for the 4th consecutive time in the ‘Compliance Program.’  POSCO, since having acquired an AA grade in the ‘Compliance Program,’ which was first started in 2006 by the Fair Trade Commission, has successfully maintained the highe…

Korea Hydro and Nuclear Power Co. (KHNP CEO Kim Kyun-seop) held a ceremony to complete the Shin Kori Nuclear Power Units 1&2 in Jangan-eup, Gijang-gun, Busan, on Dec. 4. Among the 400 people on hand at the event were Minister of Knowledge Economy Hong Suk-woo, the heads of regional organizations…

KOTRA President Cho Hwan-eik took office as the 19th president of Korea Electric Power Corp. on Dec. 17 and pledged to do his utmost to ensure a stable supply of electricity. Earlier on the same day, KEPCO held an interim shareholders’ meeting and approved KOTRA President Cho’s appoint as the…

Toray Advanced Materials Korea, a Korean affiliate of Toray Industrial Co. of Japan, won the Korea National Quality Award in the sector of Six Sigma reform with its main lines of business being felt, yarn, film, IT, and carbon textile, among others.The Korean affiliate of the Japanese company has be…

Ottogi Co. has been producing various brand name products with a steady growth in partnerships with a number of local autonomous organizations through diverse cooperative relations with them.Ottogi recently introduced a tomato spaghetti sauce made with tomatoes the company bought from Hwacheon Count…

S PC Group signed an MOU on the supply of apples and a partnership for co-prosperity with Yeongcheon City in North Gyeongsang Province on Aug. 22 through Paris Baguette stores, cafes, and bakeries in the city.Under the contract, Paris Baguette will be able to enhance the quality of its bakery produc…

Nongshim’s ramyeon brand Shinramyeon Black’s return to the market following a 14-month hiatus is showing signs of resurgence. The revamped brand surpassed the 3 million-packs-sold mark in across the nation and chalked up 3 billion won in sales two weeks after its return to the market. The bra…