SEOUL, June 26 (Korea Bizwire) — Danish wind turbine producer Vestas Wind Systems will move its Asia-Pacific headquarters to Seoul in September and build a new facility to produce key equipment for wind turbines here, Seoul’s industry ministry said Monday. Vestas’ President and CEO Henrik Andersen announced the decision during a meeting with South Korea’s [...]
SEOUL, March 17 (Korea Bizwire) — Shareholders of POSCO Holdings Inc. approved a proposal Friday to relocate the headquarters of the country’s top steelmaker. Last month, the company’s board of directors proposed the relocation of its headquarters to Pohang, 272 kilometers southeast of Seoul. In 2022, the steelmaker transformed into a holding company, and faced [...]
SEOUL, Mar. 26 (Korea Bizwire) — General Motors Co. will open its Asia-Pacific regional headquarters in South Korea this week in a move to show its commitment to the local market, the carmaker said Tuesday. The Asia-Pacific regional headquarters will be responsible for managing production, sales, marketing and finances for GM operations in the Asia-Pacific [...]
NEW YORK, Jun. 7 (Korea Bizwire) — Mr. Leonard Schutzman, Chairman and Chief Executive Officer of Arbitrade, a leading coin and cryptocurrency exchange, said today that its home domicile will be Bermuda. In making the announcement, Chairman Schutzman said the process to winning incorporation started late last year when company representatives first met with Premier [...]
NEW YORK, Feb. 7 (Korea Bizwire) — Nasdaq, Inc. (NASDAQ:NDAQ) today announced it is relocating its global headquarters from downtown Manhattan to its current Nasdaq MarketSite location at The Durst Organization’s 4 Times Square. Highlights of the new agreement include the following: The deal with The Durst Organization more than quintuples Nasdaq’s existing footprint at [...]
SEOUL, Oct. 26 (Korea Bizwire) – Daewoo Shipbuilding & Marine Engineering Co., a major shipyard here, said Wednesday that it has sold off its headquarters building in downtown Seoul for 170 billion won (US$150 million) to a local asset manager. The shipyard will lease the building for the time being, according to the shipbuilder. The [...]