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Nov 15, 2024 | 
kedglobal.com | So-Hyeon Kim
NH Nonghyup REITs Management Co. has completed the purchase of Donuimun D Tower, a prime office building in central Seoul, for 895.3 billion won ($640 million) in the second largest commercial property transaction in South Korea this year. The unit of Nonghyup Financial Group acquired the property from another South Korean asset manager Mastern Investment Management Co., DL Holdings Co. said on Friday.
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Oct 30, 2024 | 
kedglobal.com | So-Hyeon Kim |Sul-gi Lee
The Czech Republic’s anti-trust body put a temporary bloc on the conclusion of a contract with Korea Hydro & Nuclear Power Co. (KHNP) for the construction of a new nuclear power unit following challenges by Westinghouse Electric Corp. and France’s EDF, Reuters reported on Wednesday.
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Feb 21, 2024 | 
kedglobal.com | So-Hyeon Kim
South Korea's Hyundai Engineering Co. announced on Wednesday that it won the Asia Design Prize 2024, an international design competition in Asia. Hyundai Engineering's landscape structures, Weaving Garden and Cloud Shade, located in the HillState Mojong Neoluce apartment in Asan, South Chungcheong Province, were selected as winners in the space and architecture category.
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Dec 19, 2023 | 
kedglobal.com | So-Hyeon Kim
South Korea’s DL E&C Co. announced on Wednesday that 1915 Çanakkale Bridge in Türkiye, completed by the company, received the Project of the Year Award from the US Engineering News Record (ENR), a globally recognized construction trade magazine. In this eleventh year of the annual ENR Global Best Projects Awards, a panel of industry judges selected, among more than 100 entries, 31 winning projects from 23 different countries this year.
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Dec 19, 2023 | 
kedglobal.com | So-Hyeon Kim
A 170-square-meter land in Myeong-dong, central Seoul, where South Korean beauty brand Nature Republic’s flagship store is located, has retained the title of the country’s most expensive real estate property for 21 years in a row, data showed on Wednesday.
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Dec 15, 2023 | 
kedglobal.com | So-Hyeon Kim
SK Ecoplant Co., a South Korean construction engineering and waste management firm under SK Group, is expediting a plan to set up a major green energy production facility in the Middle East in partnership with Korea South-East Power Co. SK Ecoplant on Friday announced that it signed a memorandum of understanding with Korea South-East Power, a major electricity producer in Korea, to jointly produce green hydrogen and green ammonia in the United Arab Emirates and Oman.
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Aug 22, 2023 | 
kedglobal.com | So-Hyeon Kim
South Korea's POSCO E&C, formerly POSCO Engineering and Construction, will develop customized products for apartment remodeling through cooperation with LG Electronics Inc. in system air conditioner design. POSCO E&C on Tuesday said it signed a deal with LG Electronics at the former's headquarters in Incheon on the development of customized products for remodeling apartments.
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Aug 20, 2023 | 
kedglobal.com | So-Hyeon Kim
A group of six South Korean companies dubbed "Team Korea," which comprises private companies such as SK Ecoplant, public companies and a government policy fund, has won a massive solar power project in the US worth $447.6 million (600 billion won). Industry sources on Sunday said the government-run Korea Overseas Infrastructure and Urban Development Corp.
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Jul 16, 2023 | 
kedglobal.com | So-Hyeon Kim
South Korea’s Hyundai Engineering & Construction (E&C) has joined a post-war reconstruction project in Ukraine to expand the nation’s main airport near the capital Kyiv. The company on Friday said it signed an agreement to that end with Boryspil International Airport at Hotel InterContinental Warsaw in Warsaw, Poland.
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Jun 26, 2023 | 
kedglobal.com | So-Hyeon Kim
South Korea’s Hyundai Engineering has started pilot small-scale output ahead of mass production at its petrochemical plant in Poland. Construction of the propylene and polypropylene facility at the Polimery Police complex is nearing completion as the single largest order won by a South Korean builder in Europe. Hyundai Engineering on Monday said it held a commemorative event for the pilot production of polypropylene at the plant in Police, Poland.
