Schwan’s Company strives to take over Nestle
South Korea’s food giant CJ CheilJedang said on May 22 that it had completed the construction of the world’s largest frozen pizza factory in the United States and started full-scale operation.
The Seoul-based company...
Korean ginseng maker will support LPGA player
Korea Ginseng Corporation (KGC) announced on May 22 that the company had signed a sponsorship contract with talented U.S. golfer Andrea Lee.
As one of the most promising female golfers, Lee was the most...
Competition getting stiffer regarding in-cabin air quality
South Korea’s automotive part supplier Hanon Systems said Tuesday that it would come up with an automotive module this year designed to eliminate viruses and odor-causing substances inside the vehicle cabin.
The Daejeon-based corporation,...
Potential of salinity gradient power generation will be demonstrated
Korea Hydro & Nuclear Power (KHNP) announced on May 12 that it had kicked off a project to demonstrate the world’s largest salinity gradient power (SGP) generation.
Toward that end, the Korean...
Korean ginseng maker demonstrates representative products
Korea Ginseng Corporation (KGC) announced on May 11 that it had taken part in the 2023 TFWA World Exhibition & Conference in Singapore this week.
During the five-day event, KGC showcased its signature products with...
Korean conglomerate adds weight
South Korea’s defense giant Hanwha Group has acquired Daewoo Shipbuilding & Maritime Engineering (DSME) by receiving approval from the country’s antitrust agency on April 27.
Hanwha Group plans to rebrand the shipbuilder to Hanwha Ocean to become...
Business giants will cooperate in next-generation nuclear reactor supply chain
Korea Hydro & Nuclear Power (KHNP) announced on April 26 that it had joined hands with SK Inc, SK Innovation, and TerraPower for the small modular reactor (SMR) business.
As the...
Korean tire maker strives to become responsible corporate citizen
South Korea’s Hankook Tire & Technology said on April 26 that its affiliate for the disabled had received a presidential award from the government earlier this month.
The Seoul administration recognized many...
Diageo Korea sings MOU with British Embassy in Seoul
Diageo Korea announced on April 20 that it had signed a memorandum of understanding (MOU) with the British Embassy in Seoul to keep sponsoring the Chevening Scholarships.
Funded by the government and...
Conflicts continue between Korean spirit maker and Danish beer brand
South Korean whiskey company GoldenBlue asked for 10 billion won ($76 million) compensation from Carlsberg after the termination of distributing contracts, according to a source familiar with the issue on...
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Mirae Asset Securities joining forces with Hana Financial
Two corporations will cooperate in security token business
South Korea’s foremost brokerage house Mirae Asset Securities announced on June 1 that it would join hands...
