Yesco Holdings, the holding company of LS Group, announced on the 20th that it has changed its name to INVENI. This decision aims to strengthen its identity as an investment-type holding company.
INVENI is a name inspired by the Latin word 'inveniō,' which means 'to discover.' It embodies the '2030 1&1' vision of growing into a corporation with a corporate value of 1 trillion won and investment management scale of 1 trillion won by 2030.
The company noted, "The new name reflects our commitment to strengthening our identity as an investment-type holding corporation and breaking away from the urban gas industry image to leap forward as an investment corporation."
The subsidiary in the urban gas business, Yesco, will maintain its existing brand.