HD Korea Shipbuilding's merger with STX Heavy gets antitrust approval

HD Hyundai-Hanwha rivalry to heat up in lucrative marine engine market The Korea Fair Trade Commission has approved HD Korea Shipbuilding & Offshore Engineering's acquisition of STX Heavy Industries

STX, NICE D&B join hands to provide corporate information on Trollygo

million individual business owners and over 500 million overseas companies across 200 countries. Through this collaboration, STX will gain access to the company's extensive corporate data and utilize it to

JB Financial names new CFO

served as the president of STX Engine as well as the head of the business management strategy at Mugunghwa Trust. “To help our group thrive in the current struggling economy, this year I will prioritize

Global Sae-A Completes Acquisition of Ssangyong E&C

called "VISION 2025" (KRW 10 trillion in sales and KRW 1 trillion in operating profit by 2025). This acquisition adds further diversity and synergy to Global Sae-A Group's affiliates which include Sae-A

On presidential pardon, Lotte chief vows investment in biotech, hydrogen

, however, he was on parole for bribery until October 2023. Other business leaders set to be pardoned are Chang Sae-joo, Dongkuk Steel Mill Chairman, and former STX Group Chairman Kang Duk-soo.

South Korea pardons chaebol chiefs to help COVID-19 recovery

gratitude to the South Korean government and people” and “vows efforts for the recovery from the economic crisis.” Also receiving pardons are Dongkuk Steel’s chairman Jang Se-ju and STX Group’s ex-chairman

[Top Bankers] Hard-nosed dealmaker at the crossroads as SsangYong stares down the barrel

“uncooperative” attitude in attracting fresh capital. This is consistent with his earlier remarks last year that SsangYong’s “sustainability of business operations“ must precede to deserve new financing. In

Sale of 3 midsized shipbuilders in final stage

COVID-19 outbreak. The midsized shipbuilders -- Hanjin Heavy Industries & Construction Co., STX Offshore & Shipbuilding Co. and Daesun Shipbuilding Engineering Co. -- were put up for sale last year due to

STX Corp. signs coal trading deal with Russia's Mechel

commodity trading businesses to minerals. In June, it secured rights to sell vanadium and graphite produced at the Caula mine in Mozambique. STX Corp. was put under a creditor-led restructuring scheme in 2014

STX's investment deal

in Seoul on Friday. KA Group, as the strategic partner of STX, has been supporting local business in the Middle East including Iraq. Business cooperation between two companies will be expanded to