Daewoo Engineering & Construction headquarters building in Eulji-ro, Seoul./Courtesy of Daewoo Engineering & Construction

Daewoo Engineering & Construction said on the 3rd that it carried out a partial restructuring to prepare for an expansion of its nuclear power business.

Daewoo Engineering & Construction integrated and expanded its existing overseas business unit and nuclear power business unit to establish the Global Infrastructure Division, and named Executive Vice President Han Seung, currently head of the overseas business unit, as Deputy Minister.

As a result, Daewoo Engineering & Construction shifted from five divisions, four units, five offices, and 79 teams to six divisions, two units, five offices, and 79 teams.

Daewoo Engineering & Construction, which was appointed as the lead contractor for construction of a Czech nuclear power plant, is accelerating its response to the changing global energy market environment by pursuing entry into new overseas nuclear power markets such as the United States and Vietnam.

A Daewoo Engineering & Construction official said, "Through this restructuring, we will further strengthen our competitiveness in the global infrastructure and energy markets," adding, "In particular, we will step up efforts to expand our nuclear power business and to explore new markets."

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