[News Space=Reporter seungwon lee] Native burger and chicken brand Mom's Touch announced on the 22nd that it has supported the renewal of 20 franchisees and the relocation of 10 franchisees through the 'Re-born' project starting in June 2023, and that the profits of the supported franchisees have significantly increased, with the monthly average sales growth rates reaching 49% and 265%, respectively. Since June of last year, Momstouch has been carrying out the 'Re-born' project to maximize sales at existing franchises through renewal and relocation of low-selling and old franchises. The Symbio
[News Space=Reporter seungwon lee] LG Chem is strengthening its competitiveness in the supply of key minerals by establishing a lithium supply chain in the United States. LG Chem announced on the 21st that it has signed a business agreement to supply lithium carbonate with ExxonMobil, the world's largest oil and energy company. Under this agreement, ExxonMobil will supply lithium produced at a lithium salt lake in Arkansas, Texas, to LG Chem's Tennessee plant, located about three hours away, and LG Chem will produce cathode materials. ExxonMobil acquired a 147 million-square-foot Arkansas salt
[News Space=Reporter seungwon lee] "One well-grown product is better than ten products from other companies." This saying is also true in the distribution industry, which is going through a difficult situation due to the global economic downturn and the domestic market slump. In the distribution industry, killer products, blockbuster products, or so-called sales-making products that represent each company account for a significant portion of total sales, and they play a pivotal role in helping the company survive even in a recession. Representative products that are selling well include Binggr
[News Space=Reporter seungwon lee] Team Naver is pushing forward with the establishment of a joint venture with the National Housing Company (NHC), a state-run enterprise under the Ministry of Autonomy and Housing of Saudi Arabia. A business unit JV in the Saudi Arabia region will be established together with Naver Arabia (tentative name), which will oversee the Middle East business. Team Naver and NHC signed an MOU to establish a joint venture at Cityscape 2024 (Cityscape Global) held in Riyadh, Saudi Arabia from the 11th to the 14th. The MOU was attended by officials from both companies, inc
[News Space=Reporter seungwon lee] Ceragem (CEO Lee Kyung-soo) announced on the 15th that six of its entries won innovation awards ahead of 'CES 2025', the world's largest IT and home appliance exhibition to be held in Las Vegas, USA in January 2025. Ceragem has now won the honor of innovation awards with six products, three more than the three it received last year. The CES Innovation Awards are presented by the Consumer Technology Association (CTA), the organizer of the show, to world-leading innovative products and services based on a variety of factors including technology and design. Cera
[News Space=Reporter seungwon lee] Samsung Electronics announced on the 15th that it will purchase a total of 10 trillion won worth of its own stocks to increase shareholder value. Samsung Electronics held a board meeting on this day and decided on a plan to buy back a total of 10 trillion won of its own stock over the next year. Of this, 3 trillion won of its own stock will be bought back and burned entirely within three months. Samsung Electronics will purchase shares through an on-exchange transaction from the 18th of this month to February 17th of next year. The treasury shares planned to
[News Space=Reporter seungwon lee] HD Hyundai carried out its 2024 executive appointments on the 14th. In the personnel changes that day, Vice Chairman Jeong Gi-seon was promoted to Senior Vice Chairman, and President Cho Seok of HD Hyundai Electric was promoted to Vice Chairman. Kim Jae-eul, Vice President of Shipbuilding Business at HD Hyundai Heavy Industries, has been promoted to President as CEO of HD Hyundai Samho, and Song Myung-joon, Vice President of Finance Support Office at HD Hyundai, has been promoted to President as CEO of HD Hyundai Oilbank. At HD Hyundai Oilbank, Vice President
[News Space=Reporter seungwon lee] That day has come again this year without fail. The whole country is bustling with November 11th day marketing. When most people think of November 11th, the first thing that comes to mind is Pepero Day, as well as Farmers' Day, Garaetteok Day, Chopsticks Day, Stick Day, Tithe Day, Singles' Day, Pedestrian Day, Physically Disabled Persons' Day, Real Estate Industry Day, Rail Day, Snow Day, Korean Song Day, Navy Foundation Day, UN Veterans Memorial Day, and Department Store Foundation Day. The Iri Station explosion, Option Shock, the end of World War I, Polish
[News Space=Reporter seungwon lee] The number of female executives in the top 100 companies in Korea has reached 463, the highest number ever. In addition, 74 out of the 100 companies this year produced at least one female executive, breaking the record set last year and the year before. Compared to last year, the total number of executives in the top 100 companies this year increased only slightly by 0.8%, but the number of female executives increased by 5.5% during the same period. Among individual companies, Samsung Electronics surpassed 80 for the first time this year, and Amore Pacific wa
[News Space=Reporter seungwon lee] Hanwha Ocean has won orders for two LNG carriers, recording the largest number of orders among domestic shipyards this year. Hanwha Ocean (CEO Kim Hee-chul) announced that it has received an order for two LNG carriers worth 713.5 billion won from Maran Gas Maritime, a subsidiary of Angelicoussis Group, the largest shipping company in Greece. The ships will be built at the Geoje Plant in Gyeongsangnam-do and delivered to the ship owner in 2027. In particular, this contract includes an option contract for two ships, so additional orders are expected in the futu
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UPDATE: 2026년 01월 02일 06시 00분
