[News Space=Reporter seungwon lee] Hanwha Aerospace's 3.6 trillion won paid-in capital increase is causing controversy as it faces daily opposition. The Economic Reform Solidarity said on the 2nd, "It is difficult for investors to understand that Hanwha Ocean's stock was purchased for 1.3 trillion won right before a large-scale investment plan and that five years of investment funds were raised at once from shareholders." They argued that if these questions are not resolved, this paid-in capital increase should be withdrawn. On March 31, Lee Jae-myung, the leader of the Democratic Party of Kor
[News Space=Reporter seungwon lee] Cuckoo, which hired actor Kim Soo-hyun as its advertising model to open up overseas markets, is in an awkward situation. Due to the controversy with the late actress Kim Sae-ron, they decided to cut ties with Kim Soo-hyun and 'suspend new promotions.' It was judged that the brand image could be damaged because of Kim Soo-hyun. This means that there was a hitch in the overseas market strategy. Even in this situation, the performance indicators of Cuckoo Electronics (CEO Koo Bon-hak) remained unshaken. According to the audit report of the Financial Supervisory
[News Space=Reporter seungwon lee] Korea Otsuka Pharmaceutical (CEO Moon Seong-ho) is expected to show high growth in both sales and profits in 2024, and is running at full speed, completely free from the aftermath of the anti-Japanese boycott movement. According to the audit report of the Financial Supervisory Service's electronic disclosure system on the 31st, last year's sales increased by 13% to KRW 267.6 billion compared to the previous year (KRW 236.8 billion). The sales ratio was as follows: product sales (sales of pharmaceuticals produced at Gyeonggi-do Hyangnam Pharmaceutical Complex)
[News Space=Reporter seungwon lee] Daesang Corporation announced on the 2nd that its 'Jongga' and 'Chungjungone' took first place in the Kimchi category and the Food Joint Brand category, respectively, at the '2025 16th Republic of Korea National Brand Awards (NYF K-NBA),' earning the honor of being the double crown winners for two consecutive years. The 'Korea National Brand Awards' is an awards ceremony hosted by the 'New York Festivals', one of the world's top three advertising festivals, since 2010, and this year marks the 16th anniversary. The top brand in each category is selected throug
[News Space=Reporter seungwon lee] Samsung C&T has begun to expand into the European SMR market in earnest through business cooperation in the Estonian small modular reactor (SMR) project. Samsung C&T Construction Group (hereinafter referred to as Samsung C&T) signed a business agreement (Teaming Agreement) with Fermi Energia, a private Estonian nuclear power company, for cooperation in local SMR development at the 'Energy Mission Conference' held at the Estonian Business Hub located in Seoul Square, Jung-gu, Seoul on April 1. Fermi Energia is a company established in 2019 by local
[News Space=Reporter seungwon lee] Osstem Implant's subsidiary Osstem Cardio (CEO Park Geun-jin) is changing its name to 'OSSTEM VASCULAR'. Osstem Cardio announced that it had passed the agenda for the name change at the regular shareholders' meeting held on the 24th of last month and has begun administrative procedures including registration. The new company name, Osstem Vascular, includes the word Vascular, which means blood vessel. The company’s mission reflects its intention to expand its business from existing cardiovascular medical devices to the cerebrovascular and peripheral vascular s
[News Space=Reporter seungwon lee] While Acting President and Prime Minister Han Duck-soo is expected to request reconsideration (veto) of the amendment to the Commercial Act at the Cabinet meeting on the 1st, attention is focused on the fact that Lee Jae-myung, the leader of the Democratic Party of Korea, mentioned the controversy over the succession of management rights at Hanwha Group. Lee Jae-myung, the leader of the Democratic Party of Korea, criticized the acting chairman on his Facebook page on the 31st, saying, “Are you sure you’re going to use your veto power when our capital market i
[News Space=Reporter seungwon lee] A beautiful feast of Korean modern sculptures that becomes more enjoyable the more you look at them and happier the more you learn about them is unfolding along the riverside of Seoul. The 'Han River Sculpture Exhibition' exhibits world-class large-scale sculptures amidst beautiful natural scenery. It is a special opportunity to appreciate the unique originality and dynamism of K-sculpture through the exhibition of 300 high-quality sculptures. Crown Haitai Confectionery (Chairman Youngdal Yoon) and Seoul Metropolitan Government (Future Hangang Headquarters) w
[News Space=Reporter seungwon lee] Eagon Windows (CEO Gil-su Lee) is expected to post sales of KRW 134.4 billion in 2024, up about 21% from the previous year (KRW 111.5 billion), but the company’s outlook is bleak. This is because financial instability is increasing due to the widening deficit and increasing debt ratio. According to the audit report of the Financial Supervisory Service’s electronic disclosure system on the 29th, the operating loss last year was 8.4 billion won, a wider loss than the previous year (-7.9 billion won). The net loss for the period also increased to 9.8 billion won
[News Space=Reporter seungwon lee] Nongshim Kellogg (CEO Jeong In-ho) is facing a red light for its management performance and financial structure. However, its major shareholder, the US-based Kellanova, is paying no attention to this and is being criticized for maintaining a high dividend payout ratio and pursuing profit maximization. According to the audit report of the Financial Supervisory Service's electronic disclosure system on the 31st, Nongshim Kellogg's sales in 2024 decreased slightly compared to the previous year, but both operating profit and net profit decreased by more than 30%