[News Space=Reporter seungwon lee] Daesang Corporation announced on the 2nd that its 'Jongga' and 'Chungjungone' took first place in the Kimchi category and the Food Joint Brand category, respectively, at the '2025 16th Republic of Korea National Brand Awards (NYF K-NBA),' earning the honor of being the double crown winners for two consecutive years. The 'Korea National Brand Awards' is an awards ceremony hosted by the 'New York Festivals', one of the world's top three advertising festivals, since 2010, and this year marks the 16th anniversary. The top brand in each category is selected throug
[News Space=Reporter seungwon lee] Samsung C&T has begun to expand into the European SMR market in earnest through business cooperation in the Estonian small modular reactor (SMR) project. Samsung C&T Construction Group (hereinafter referred to as Samsung C&T) signed a business agreement (Teaming Agreement) with Fermi Energia, a private Estonian nuclear power company, for cooperation in local SMR development at the 'Energy Mission Conference' held at the Estonian Business Hub located in Seoul Square, Jung-gu, Seoul on April 1. Fermi Energia is a company established in 2019 by local
[News Space=Reporter seungwon lee] Osstem Implant's subsidiary Osstem Cardio (CEO Park Geun-jin) is changing its name to 'OSSTEM VASCULAR'. Osstem Cardio announced that it had passed the agenda for the name change at the regular shareholders' meeting held on the 24th of last month and has begun administrative procedures including registration. The new company name, Osstem Vascular, includes the word Vascular, which means blood vessel. The company’s mission reflects its intention to expand its business from existing cardiovascular medical devices to the cerebrovascular and peripheral vascular s
[News Space=Reporter seungwon lee] While Acting President and Prime Minister Han Duck-soo is expected to request reconsideration (veto) of the amendment to the Commercial Act at the Cabinet meeting on the 1st, attention is focused on the fact that Lee Jae-myung, the leader of the Democratic Party of Korea, mentioned the controversy over the succession of management rights at Hanwha Group. Lee Jae-myung, the leader of the Democratic Party of Korea, criticized the acting chairman on his Facebook page on the 31st, saying, “Are you sure you’re going to use your veto power when our capital market i
[News Space=Reporter seungwon lee] A beautiful feast of Korean modern sculptures that becomes more enjoyable the more you look at them and happier the more you learn about them is unfolding along the riverside of Seoul. The 'Han River Sculpture Exhibition' exhibits world-class large-scale sculptures amidst beautiful natural scenery. It is a special opportunity to appreciate the unique originality and dynamism of K-sculpture through the exhibition of 300 high-quality sculptures. Crown Haitai Confectionery (Chairman Youngdal Yoon) and Seoul Metropolitan Government (Future Hangang Headquarters) w
[News Space=Reporter seungwon lee] Eagon Windows (CEO Gil-su Lee) is expected to post sales of KRW 134.4 billion in 2024, up about 21% from the previous year (KRW 111.5 billion), but the company’s outlook is bleak. This is because financial instability is increasing due to the widening deficit and increasing debt ratio. According to the audit report of the Financial Supervisory Service’s electronic disclosure system on the 29th, the operating loss last year was 8.4 billion won, a wider loss than the previous year (-7.9 billion won). The net loss for the period also increased to 9.8 billion won
[NewsSpace=Jack Moon] In the real estate market, quick and accurate verification of registry information is crucial for successful transactions. However, this process is often complex and time-consuming, especially when investigating multiple buildings simultaneously. To meet these market needs, various services have emerged. Seonin Registry offers convenient accessibility through partnerships with platforms like Naver and Real Estate 114. Deungi-On, leveraging digital certificates, introduced secure electronic registration services. The Delivery of Certified Copies service has eased practitio
[News Space=Reporter seungwon lee] Nongshim Kellogg (CEO Jeong In-ho) is facing a red light for its management performance and financial structure. However, its major shareholder, the US-based Kellanova, is paying no attention to this and is being criticized for maintaining a high dividend payout ratio and pursuing profit maximization. According to the audit report of the Financial Supervisory Service's electronic disclosure system on the 31st, Nongshim Kellogg's sales in 2024 decreased slightly compared to the previous year, but both operating profit and net profit decreased by more than 30%
[News Space=Reporter seungwon lee] BASF Korea Co., Ltd., the Korean branch of BASF Beteiligungsgesellschaft mbH, the world's number one chemical company, reported a 0.2% decrease in sales last year compared to the previous year, but operating profit and net profit decreased by 23% and 52%, respectively. BASF Korea is 100% owned by BASF in Germany, its headquarters, and was established on December 15, 1988 for the purpose of producing and selling chemical products. According to the audit report of the Financial Supervisory Service's electronic disclosure system on the 28th, BASF Korea recorded
[News Space=Reporter seungwon lee] People Power Party lawmaker Kang Min-guk (Jinju-eul, Gyeongsangnam-do), who is the floor leader of the National Assembly’s Political Affairs Committee, urged the relevant authorities to investigate the truth on the 28th, saying that Hanwha Aerospace, which has ample room to issue corporate bonds, announced a paid-in capital increase, which led to a sharp drop in its stock price and massive shareholder damage. On March 18, Hanwha Aerospace's stock price rose to an intraday high of 781,000 won and a closing price of 764,000 won, the highest level ever. However,