Taebaek city signed an investment agreement with ten partner organizations at Hyundai Corporation's headquarters in Seoul on the 19th to build a 10,000 ton/year clean methanol production facility in Taebaek City’s Dongjeom Industrial Complex, using the Regional Revitalization Investment Fund....
Hyundai Corporation (HC) Chairman Chung Mong-Hyuk has chosen “management buyouts” as the topic for this year. This is a strategy aiming to reduce trial and error when entering new businesses that HC is focusing on, such as automobile parts and recycling products....
Under the agreement, the two companies will collaborate to expand the supply of the AI-driven parking optimization solution developed by VEStellaLab to the Middle East market. HC will support market analysis and customer development by leveraging its global network of more than 40 overseas branches...
At a Tesco Extra on the 5th (local time), located on the outskirts of London, products labeled Shiitake Mushrooms and Oyster Mushrooms were prominently displayed in the vegetable section. The mushrooms looked similar to those sold in Korea and had the same distinct flavors....
Hyundai Corporation announced on the 31st that it recorded KRW 1.807 trillion in consolidated sales, and KRW 37.2 billion in operating profits in the third quarter. Compared to the same period last year, the sales went up 7.1%, and operating profits went up 38.6%....
Bereum announced on the 28th that it had signed an additional export contract worth €2.1 million (KRW 2.94 billion) with Vitamed for three years through an overseas sales partnership with Hyundai Corporation....
There is an old saying that goes, “Time changes everything.” Three decades are long enough to completely change a man. Do you think that foreigners who have spent thirty years working for a Korean trading company are similar to Koreans in nature?...
Hyundai Corporation will support Korean marine pollution control equipment startup KOAI with market expansion overseas. The partnership kicked off in Singapore, where KOAI’s oil spill response robot and related technology were demonstrated....
"Trading company employees should consider and coordinate the needs of various stakeholders and therefore require diverse perspectives. Travelling around the world and facing a number of challenges have led me to realize that only sincere attitudes can remove language and cultural barriers, balancing conflicting interests.”...
The Infra Solution Team in the Infra & Machinery Division won a contract from UKS to build a chemical R&D center worth KRW 52.4 billion (USD 37.55 million) on August 30, 2024, HC’s first Economic Development Cooperation Fund (EDCF) project....