Hyosung Group Chairman Cho Hyun-joon said on Dec. 2 that the group will expand its spandex plant in Brazil after Turkey to cement its No. 1 status in the global spandex market.Related to this, Hyosung T&C will invest 40 billion won (some $36 million) by December next year to increase the production

Hanwha Systems has obtained the highest level of Level 5 certification in the latest 2.0 version of "Capability Maturity Model Integration (CMMI)," an international R&D capacity evaluation standard.CMMI is a global software and system quality control competency assessment model developed by the Inst

SK Corp. will enter the hydrogen business to strengthen the ecosystem of the domestic hydrogen market and accelerate management of ESG (environment, society, and governance), the holding company of SK Group said on Dec. 1.The company has recently established a hydrogen business promotion team with a

Mirae Asset Global Investments won a lawsuit against China's Anbang Insurance on Nov. 30 in connection with a contract to acquire hotels in the U.S., the company said on Dec. 1.Accordingly, Mirae Asset is expected to receive $580 million in down payment as well as transaction-related expenses.On the

Unionized workers at GM Korea voted down a tentative wage deal for the year, the company said Tuesday. With the agreement rejected, GM Korea is expected to continue labor-management conflicts for the time being.The GM Korea branch of the Korean Metal Workers' Union said on Dec. 1 that only 45.1 perc

Ssangyong Motor has obtained additional permission from the Ministry of Land, Infrastructure and Transport to temporarily operate self-driving cars Level 3 and start test driving on general roads in December.The Ssangyong car that was approved for temporary operation is a Korando-based self-driving

Hanmi Pharm has won the "K-ICT Information Protection Award" for the first time in the pharmaceutical bio industry, the company said on Nov. 30.Marking its 19th anniversary this year, the K-ICT Information Protection Grand Prize is awarded by the Ministry of Science and ICT to companies and individu

Doosan Heavy Industries & Construction said on Nov. 30 that it has signed an agreement with Korea Western Power Co. for development of a hydroelectric power plant in Phou Ngoy, Laos.The project is being carried out jointly with Korea Western Power Co. after Thailand's developer company, Charoen Ener

S-OIL held the "2020 Citizen Hero of the Year Award Ceremony" at its headquarters in Gongdeok-dong, Mapo-gu, Seoul on Nov. 30.S-OIL said, “Our company has selected 19 civic heroes of the year who displayed righteous spirit of sacrifice to save their neighbors in danger and delivered 140 million won

Samsung Heavy Industries has signed a contract with a shipping company in Oceania to build one LNG carrier worth a total of 206.2 billion won (some $185 million). The vessel will be delivered by July 2023.Samsung Heavy Industries said on Nov. 30 that it also won an additional order for an S-Max oil

한국가스공사(사장 채희봉)는 11월 26일(목) 한국폴리텍대학 서울정수캠퍼스에서 열린 제2회 공공기관 사회적 가치 창출대회에서 고용노동부장관 표창을 받았다.고용노동부가 주관하는 이 대회는 사회적 경제 활성화 및 사회적 가치 실현에 적극 기여한 공공기관 우수사례를 발굴·확산하기 위해 마련됐다. 가스공사는 이번에 자사가 추진하는 사회적 경제 지원 협력사업인 ‘안심(安心) 팩토리’로 사회적 가치를 창출한 공로를 인정받아 최우수상을 탔다.안심(安心) 팩토리는 HACCP(식품안전관리인증기준) 인증 공동작업장을 마련해 식품 관련 사회적 경제

유한킴벌리(대표이사 최규복)는 사내 임직원의 약 90%가 참여한 자발적인 성금 모금을 통해 디펜드 요실금 언더웨어 등 1,150박스를 구매해 시니어 돕기에 활용한다고 밝혔다.임직원들의 자발적 기부로 조성된 시니어 돕기 성금은 한국의료지원재단과의 협력을 통해 노인복지 시설에 지원된다. 이 물품들은 국민기초생활 수급자와 차상위계층 노인들의 심리적, 경제적 부담을 경감시키는 데 활용된다. 시니어 돕기 성금모금은 2015년부터 시작해 올해로 6년째를 맞았다, 올해 디펜드 나눔 전달식은 11월 26일(목) 유한킴벌리 본사에서 진행됐다.‘디펜

"The Woori Financial Group's Annual Report 2019" won the Platinum Prize in the annual report category of the "2020 LACP Spotlight Awards" organized by the U.S. League of American Communications Professionals (LACP), the group said on Nov. 27.LACP is a global promotion and marketing research organiza

Chung Mong-koo, honorary chairman of Hyundai Motor Group, who had been hospitalized for treatment of chronic diseases, left the hospital four months later and returned home.Chung was discharged from Asan Medical Center in Songpa-gu, Seoul, and returned to his home in Yongsan-gu, Seoul. Chung was hos

한국수력원자력(사장 정재훈, 한수원)은 11월 27일(금) 한국산업단지공단(이사장 김정환), KT(대표이사 구현모)와 함께 서울 KT광화문빌딩EAST에서 ‘한국판 그린뉴딜 스마트그린산단 조성을 위한 신재생에너지사업 공동개발 양해각서(MOU)’를 체결했다.한수원과 KT는 MOU에 따라 노후 산업단지에 연료전지를 중심으로 한 신재생에너지를 설치하고 운영하는 사업을 적극적으로 추진해 스마트그린산단을 전국적으로 확대할 계획이다. 연료전지는 수소차와 함께 정부가 2019년 1월 발표한 ‘수소경제 활성화 로드맵’에서 밝힌 수소경제 선도 산업의

Doosan Heavy Industries & Construction will participate in the Green Hydrogen Demonstration Project as part of its strategy to strengthen its eco-friendly energy business.Such a project to demonstrate the electricity cycle of green hydrogen using wind power generation is the first time in Korea.Doos

LS Group held a board of directors’ meeting of each affiliate and promoted Koo Bon-hyuk, vice president of Yesco Holdings, to CEO, and Koo Bon-kyu, vice president of LS Mtron, to CEO and Executive Director Dong Dong-hwi to COO.The group started the third-generation management system in earnest by de

Samsung Heavy Industries has concluded a $2.5 billion contract with a European ship owner to supply ship blocks and equipment, the company said on Nov. 23. The contract period is until December 2025.The $2.5 billion is the largest single ship contract signed by Samsung Heavy Industries since its fou

Hyundai Motor has decided to seek close cooperation with INEOS Group, a British global chemical company, to spread the global hydrogen ecosystem.“Our goal is to speed up the realization of hydrogen society by establishing an integrated hydrogen value chain that includes hydrogen production, supply a

SK Telecom has developed the world's first next-generation cloud core network with Samsung Electronics, SK Telecom said on Nov. 22.An official of SK Telecom explained, “Cloud core network is a key infrastructure for mobile communication that provides terminal authentication, customer service, and Qo