[News Space=Reporter seungwon lee] "There is a saying that the head of Hanwha Aerospace's domestic business division is Kim Jong-un and the executive in charge of overseas business is Putin," and "It is said jokingly, but (Hanwha Aerospace) is seeing the full effect of the two people." Ahn Byung-chul, the President of Strategy at Hanwha Aerospace, is being criticized for saying this while announcing a plan to reduce the size of the paid-in capital increase at the 'Hanwha Aerospace Future Vision Briefing' held at the Hanwha Building in Jung-gu, Seoul on the 8th. Hanwha Aerospace is accelerating
[News Space=Reporter seungwon lee] HD Hyundai is speeding up its entry into the U.S. market by entering into shipbuilding business cooperation with Huntington Ingalls Industries, the largest defense shipbuilding company in the U.S. HD Hyundai announced on the 7th (local time) that it signed a 'Memorandum of Understanding (MOU) for cooperation in improving ship productivity and advanced shipbuilding technology' with Huntington Ingalls. The signing ceremony took place at the Huntington Ingalls exhibition hall in the Sea Air Space 2025 (SAS 2025) held in Washington D.C., USA, and was attended by
[News Space=Reporter seungwon lee] Royal Canin Korea Ltd. (CEO Kaisia Dong), the overwhelming leader in the domestic pet market, reported double-digit growth in sales, operating profit, and net profit last year. According to the Financial Supervisory Service's electronic disclosure system audit report on the 7th, Royal Canin Korea's sales in 2024 increased by 14.3% to KRW 370.9 billion compared to KRW 324.4 billion the previous year. Operating profit also soared by a whopping 43% to KRW 58.5 billion compared to KRW 40.9 billion the previous year. The operating profit ratio also recorded a go
[News Space=Reporter seungwon lee] LS plans to strengthen economic cooperation in the electricity, energy, and agriculture sectors that are in urgent need of post-war reconstruction and recovery in Ukraine. To this end, LS Vice Chairman Myung-Noh Hyun stayed in Kiev, Ukraine in early April and met with ministers and CEOs from relevant ministries, including the Ministry of Energy, Ministry of Economy, and Ministry of Agriculture and Forestry, to explore the possibility of mutual cooperation centered on restoring energy transmission and distribution networks, including ESS (Energy Storage System
[News Space=Reporter seungwon lee] Pulmuone USA, the American subsidiary of Pulmuone, announced on the 4th that it will be conducting a plant-based food campaign to celebrate Earth Month in April and to spread awareness of a sustainable eating culture for the health of both the earth and the planet to local consumers. Amid the K-food craze and growing interest in plant-based foods for health in the U.S., Pulmuone USA is working to raise awareness of sustainable eating habits among local consumers by applying limited edition packaging designs to its key plant-based products, including tofu and
[News Space=Reporter seungwon lee] OB Beer (CEO Ben Magda Seiberhard), the number one beer in the domestic market, announced its performance for last year after raising prices on April 1. According to the audit report of the Financial Supervisory Service's electronic disclosure system on the 5th, OB Beer's consolidated sales in 2024 were tallied at KRW 1.7404 trillion, up 12.6% from the previous year (KRW 1.5458 trillion). Operating profit was KRW 367.6 billion, up 56% from KRW 236.4 billion the previous year. Net income also increased 57% year-on-year to KRW 241.1 billion. Even though the ove
[News Space=Reporter seungwon lee] Since the transition to endemic (cyclical epidemic of infectious diseases), overseas travel demand has recovered to pre-COVID-19 levels last year, and as overseas direct purchases have surged, consumer complaints have also increased significantly. According to the Korea Consumer Agency on the 4th, the number of consumer consultations related to international transactions last year increased by 17.5% from 19,418 the previous year to 22,816. The number of consultations recorded 26,954 in 2020 when COVID-19 broke out, then decreased to 14,086 the following year,
[NewsSpace=Jack Moon] PropTech ERP is driving fresh changes in South Korea's 24 trillion won annual apartment management fee market, setting itself apart with user-friendly ERP systems featuring large-screen workspaces and quick task processing menus. This innovation is expected to disrupt a market structure that has long remained stagnant under monopolistic conditions. According to PropTech company RSQUARE, the company operates the residential life innovation brand HomeDot, with its flagship service being HomeDot ERP. ERP (Enterprise Resource Planning) refers to comprehensive resource managem
[News Space=Reporter heesun kim] J Collection (CEO Jeong Tae-ho), which distributes Smeg products with a 70-year tradition established in the Guastalla Emilia region of Italy, recorded deficits in both operating profit and net profit last year. In addition, following two consecutive years of operating losses, there is analysis that a red light has been turned on for its financial soundness, as it is expected to face short-term financial pressures such as a high debt ratio, lack of liquidity, and debt repayment. According to the audit report of the Financial Supervisory Service's electronic dis
[News Space=Reporter seungwon lee] Although Beer K (CEO Lee Young-seok) has reduced its deficit significantly compared to the previous year, it is still going through a difficult time as it cannot shake off the label of urine beer. According to the audit report of the Financial Supervisory Service's electronic disclosure system on the 1st, Beer K's sales in 2024 will be 34.1 billion won, a 57.7% decrease from 80.6 billion won in the previous year (2023). Not only sales, but also operating loss was recorded at 3.3 billion won. Although the deficit was greatly reduced compared to the previous ye
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UPDATE: 2025년 07월 01일 08시 47분
