growth strategy Archives | Be Korea-savvy
Top Steelmaker POSCO Aims for Sales of 100 tln Won by 2030

Top Steelmaker POSCO Aims for Sales of 100 tln Won by 2030

SEOUL, July 13 (Korea Bizwire) — South Korea’s steelmaking giant POSCO Holdings Inc. said Thursday it is aiming to achieve combined sales of 100 trillion won (US$78.4 billion) by boosting the competitiveness of its core steel business and focusing on future growth sectors. Unveiling its long-term growth vision at its headquarters in the southeastern port [...]

GM Korea Targets Turnaround in 2023 with Focus on Exports

GM Korea Targets Turnaround in 2023 with Focus on Exports

CHANGWON, Oct. 19 (Korea Bizwire) — General Motors Co. said Wednesday it is targeting to transform its South Korean operations into a “profitable and sustainable business” next year by increasing exports of next-generation vehicles. GM Korea Co., GM’s South Korean unit, reported net losses for eight consecutive years through 2021 and expects losses to narrow [...]

POSCO International Picks Indonesia, Australia, Uzbekistan as Markets in Focus

POSCO International Picks Indonesia, Australia, Uzbekistan as Markets in Focus

SEOUL, July 13 (Korea Bizwire) — POSCO International Corp. said Wednesday that Indonesia, Australia and Uzbekistan will be the company’s new “strategic markets” for future growth as it seeks to bolster investment in energy, food and other eco-friendly sectors. The trading unit of South Korean steel giant POSCO Holdings Inc. made the announcement as it [...]

Colliers Releases Ambitious Enterprise ’25 Growth Strategy

Colliers Releases Ambitious Enterprise ’25 Growth Strategy

TORONTO, Oct. 25 (Korea Bizwire) — Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) today released its next five-year Enterprise ’25 growth strategy, once again setting bold targets to continue its proven track record of success. The Company plans to more than double its profitability, ​with at least 65% of adjusted EBITDA [...]