NEWS BRIEFSBusiness news briefs of the monthSejong City Government Building 2-2 Section Gets Use Approval The Sejong City Government Building 2-2 section constructed by Daelim beginning November 2011 received use approval on December 6, 2013. The government building is an office facility with total

water K-water hosts a grand debate on algae blooms in the streamsAmid reports that people are increasingly concerned about algae blooms in major rivers, K-water (Korea Water Resources Corp.) declared a policy shift in water management. K-water will act “proactively” to control algae growth in rivers

STEELTo usher an environment-friendly integrated steel mill era in KoreaChairman Chung Mong-koo fires 3rd blast furnace at Dangjin Steel MillHyundai Steel affiliated with the Hyundai Automotive Group, the world’s fifth-biggest carmaker by sales. lit its third blast furnace at its steel mill in Dangj

President Cho Seok of KHNPKHNP embarks on crusade to recoverits outstanding corporate brand imageKorea Hydro & Nuclear Power (KHNP) has embarked on a crusade to fully reform the corporate management system aimed at fighting against corruptive practices from the top to the down, thus regain its publi

KHNP WANO CPR Team conducts corporate peer review of Kori Nuclear Power SiteDATE: 2013.11.22The Kori Nuclear Power Site (Head of Site Young-il Lee) of Korea Hydro & Nuclear Power Co., Ltd. (KHNP President & CEO Seok Cho) announced that it was receiving corporate peer review (CPR) for the operation m

Korea EximbankKorea Eximbank Boosts Global Promotion of Korean-Made Animated FilmThe Export-Import Bank of Korea (www.koreaexim.go.kr, Chairman Kim Yong-hwan, “Korea Eximbank”) announced on October 28 that it provided KRW 2 billion in financing to Redrover, the production company of the soon-to-be-r

Doosan Doosan Heavy Industries & Construction and Korea Southern Power Sign Agreement on Joint Development-Two companies expected to expand overseas markets by combining their strengthsOn November 11, Doosan Heavy Industries & Construction (Chairman and CEO Geewon Park) and Korea Southern Power sign

HyundaiHyundai Heavy Industries Group Sends Aid to Philippines Typhoon VictimsHyundai Heavy Industries Group donated USD 200,000 via the Korean Red Cross in the wake of Typhoon Haiyan which struck the Philippines. A 21-tonne class excavator, a backhoe loader, and operators were also dispatched to th

POSCOShared Growth Support System `POSCO WinC` starts operation- Supporting fund liquidity by guaranteeing payment to primary/secondary cooperating companies POSCO introduced the `POSCO WinC` shared growth support system to spread the culture of shared growth and fair trade, and will lead support of

SAUDI ARABIAThanks to its rich experience, cutting-edge technology prowessDaelim Industrial enjoys strong trust from international contract awardersDaelim Industrial, the world’s leading engineering, construction and petrochemical plant company in Korea, is deeply trusted by overseas major plant ord