Hanjin Logistics recorded an operating profit of 26.2 billion won in the first quarter of this year, a 12% increase compared to the same period last year, the company announced on the 14th. During the same period, sales amounted to 728 billion won, up 2.2%. Hanjin Logistics explained that the increa...
The Defense Acquisition Program Administration announced that the bidding proposal for the 9.613 trillion won UH/HH-60 performance improvement project has been submitted by Korean Air and Korea Aerospace Industries (KAI), marking the official start of the competition. The UH/HH-60 is a helicopter pr...
POSCO Holdings is reportedly considering an equity investment in a U.S. electric steel mill being built by Hyundai Steel. The United States has increased trade barriers by imposing a 25% tariff on steel products since the administration of President Donald Trump, which is interpreted as a measure to...
Doosan Robotics announced on the 14th that it is transitioning its business, which has previously been hardware-centric, to intelligent robot solutions and will also invest to secure humanoid technology. The company plans to mobilize all available resources, including partnerships and mergers and ac...
The Hyundai Steel unions have accepted a tentative agreement with the company, marking the beginning of the end for wage and collective bargaining negotiations that have extended into the new year. This comes about seven months after the first negotiations began in September of last year. According ...
Hyundai Motor and Kia achieved record sales in India for the first quarter of this year. India is the world’s third-largest automobile market after China and the United States. According to monthly sales statistics from the Society of Indian Automobile Manufacturers (SIAM) on the 13th, Hyundai sold ...
Chey Tae-won, chairman of the Korea Chamber of Commerce and Industry (SK Group chairman), said, "The era of the World Trade Organization (WTO) system and free trade, where products could be sold anywhere in the world if well-made, is coming to an end. The good old days are over." In a video titled "...
Hyundai Motor Group announced on the 13th that it participated in the WCX (World Congress Experience) 2025 held in Detroit, Michigan, along with 24 small and medium-sized partner companies. The WCX is the largest mobility technology exhibition in North America, with over 100 companies, including GM,...
Kim Seung-youn, chairman of Hanwha Group, visited the Daejeon Hanwha Life Ballpark, the new stadium of the Hanwha-operated Korea Baseball Organization (KBO) league team, the Eagles. On the 13th, according to Hanwha Group, Chairman Kim visited the stadium on the 11th to watch a game and celebrate the...
Doosan Group Chairman Park Jung-won visited Europe and said, "We must lead the market with Doosan Bobcat's technological innovation." According to Doosan Group, Chairman Park noted during his visit to the Bauma 2025 construction machinery fair held in Munich, Germany, from 7th to 13th, that "the Eur...
