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HD Hyundai Unit Wins Order from Saudi Builder to Supply 100 Excavators

HD Hyundai Unit Wins Order from Saudi Builder to Supply 100 Excavators

SEOUL, Dec. 14 (Korea Bizwire) — HD Hyundai Construction Equipment Co. said Thursday it has won a deal from a construction company in Saudi Arabia to supply 100 excavators. Under the deal, the construction equipment unit of South Korea’s shipbuilding-to-energy conglomerate HD Hyundai Group plans to supply 70 units of its 22-ton excavators and 30 [...]

Construction Giants Race to Minimize Inter-floor Noise as New Regulations Enter Effect

Construction Giants Race to Minimize Inter-floor Noise as New Regulations Enter Effect

SEOUL, Dec. 13 (Korea Bizwire) – Reducing inter-floor noise presents a significant challenge for construction companies, especially in light of the government’s recent announcement that apartments failing to meet new inter-floor noise standards will not receive construction approval. Despite the government’s initiative to address inter-floor noise concerns, it is imperative for construction firms to devise effective [...]

Gov’t to Not Authorize Apartment Completion Unless Inter-floor Noise Level Meets Standards

Gov’t to Not Authorize Apartment Completion Unless Inter-floor Noise Level Meets Standards

SEOUL, Dec. 11 (Korea Bizwire) – The land ministry said Monday it will not authorize the completion of newly built apartments if inter-floor noise levels fail to meet accepted standards. As part of measures to tackle widespread social problems surrounding noise disputes between neighbors, the ministry said it will also strengthen quality control by measuring [...]

HD Hyundai Infracore Rolls Out South Korea’s First 130-Ton Excavator

HD Hyundai Infracore Rolls Out South Korea’s First 130-Ton Excavator

SEOUL, Nov. 9 (Korea Bizwire) – On Wednesday, HD Hyundai Infracore announced the release of South Korea’s first 130-ton excavator designed for demolition, bearing the model name DX1000LC-7 Demolition. The company also recently delivered the inaugural unit. Compared to existing models, the DX1000LC-7 Demolition has seen its working range grow by 10 meters, enabling work at [...]

Convenience Store Enters Housing Market with Innovative Prefabricated Homes

Convenience Store Enters Housing Market with Innovative Prefabricated Homes

SEOUL, Nov. 8 (Korea Bizwire) – E-Mart 24, well-known for its innovative offerings like imported cars, karaoke boxes, screen golf facilities, and electric vehicles, is now venturing into a new market by introducing prefabricated houses. Convenience store chain E-Mart 24 unveiled on Wednesday a groundbreaking partnership with YMK General Construction, a leading general contractor, to [...]

Hyundai E&C’s Hillstate Tops 2023 Best Apartment Brand Rankings

Hyundai E&C’s Hillstate Tops 2023 Best Apartment Brand Rankings

SEOUL, Nov. 3 (Korea Bizwire) – In this year’s Best Apartment Brand rankings, Hillstate by Hyundai E&C has claimed the top position. According to the 2023 Best Apartment Brand survey conducted by Real Estate R114 and Hankook Research, involving 4,029 adults nationwide from October 4 to 17, Hillstate has secured first place in the overall rankings, [...]

POSCO E&C Develops Multi-Layer Welding Automation Technology

POSCO E&C Develops Multi-Layer Welding Automation Technology

SEOUL, Oct. 27 (Korea Bizwire) – POSCO E&C announced on Thursday that it had developed a multi-layer welding automation engineering technology for application in steel bridge construction. This new process, developed in collaboration with POSCO, allows for precise adjustments of electric current, voltage, welding speed, and type, based on the type and thickness of the steel [...]

Government Plans to Provide 120,000 More Public Homes by 2027

Government Plans to Provide 120,000 More Public Homes by 2027

SEOUL, Sept. 26 (Korea Bizwire) – South Korea will supply 120,000 public homes in addition to the existing plan to deliver 2.7 million new homes by 2027 to offset the declining private-sector home supply amid higher lending rates, the land ministry said Tuesday. In August last year, the government announced the public home supply plan [...]

Seven Korean Companies Secure Spots on Deloitte Korea’s 2022 List of Top 100 Global Builders

Seven Korean Companies Secure Spots on Deloitte Korea’s 2022 List of Top 100 Global Builders

SEOUL, Sept. 20 (Korea Bizwire) – Samsung C&T Corp. and six other South Korean companies have ranked among the world’s top 100 builders based on their 2022 sales, Deloitte Korea said Wednesday. Samsung C&T, the construction and trading arm of South Korea’s No. 1 conglomerate Samsung Group, placed 15th, down two notches from a year [...]