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Quick Decision-Making and Government Support Key to Helping Troubled Enterprises

Quick Decision-Making and Government Support Key to Helping Troubled Enterprises

SEOUL, May 26 (Korea Bizwire) – Amid the ongoing restructuring of the Korean shipbuilding industry, stories of insolvent global enterprises that have managed to resuscitate themselves have attracted attention. Quick decision-making and bold government support are believed to be the key factors for their revival. GM is one of the companies that succeeded in resuscitating itself, [...]

Envac Creates Whole New Market with Its Automation Garbage Collection System

Envac Creates Whole New Market with Its Automation Garbage Collection System

SEOUL, Aug. 26 (Korea Bizwire) – A mid-sized Korean enterprise with an automation solution to collect and classify garbage has recently succeeded in signing a deal to install a large-scale system in China. Tongzhou District of Beijing is a site where the Chinese government is building a new residential “low-carbon” city. Envac said on August 25 that it [...]