SEOUL, July 24 (Korea Bizwire) — South Korean steel giant POSCO Group has put itself on an emergency management footing, its holding company said Sunday, as business units across the group brace for weaker profits amid an expected slowdown of the global economy. The decision came in a Thursday meeting of Chairman Choi Jeong-woo and [...]
SEOUL, Jan. 7 (Korea Bizwire) — Renault Samsung Motors Corp. said Thursday it will reduce the number of executives and their salaries as the company has entered emergency management amid the COVID-19 pandemic. The South Korean unit of Renault S.A. has suffered a sharp decline in sales due to lack of new models and the [...]
SEOUL, Jan. 31 (Korea Bizwire) – Alcatel-Lucent, a French global telecommunications equipment company, has shown a strong interest in participating in Korea’s 2 trillion won (US$ 1.8 billion) national emergency management project, alongside Ericsson, Nokia and Huawei. Alcatel-Lucent Korea Ltd presented its LTE based emergency managing solution, and an application designed to manage disasters in [...]
SEOUL, Korea, Oct 25 (Korea Bizwire) – The National Emergency Management Agency and the National Disaster Relief Association will begin on October 24 taking recommendations from the general public for those unsung heroes who saved lives from disaster or accident situations but refused to publicize it. The recommendations will be received until November 20 and [...]