[News Space=Reporter seungwon lee] Pulmuone (CEO Lee Woo-bong) announced on the 13th that it was selected as a top 5 global food company for the second consecutive year in the 2024 Corporate Sustainability Assessment (CSA, formerly DJSI) announced by S&P Global, one of the world's top three credit rating agencies. In this evaluation, Pulmuone once again proved its excellence in sustainable management by recording the highest ranking among domestic food companies and achieving 4th place among global food companies. According to the S&P Yearbook, approximately 7,690 companies worldwide p
[News Space=Reporter seungwon lee] Ceragem (CEO Lee Kyung-soo) announced on the 10th that its 'Master V7' has received approval from the U.S. Food and Drug Administration (FDA). Ceragem is expected to use this as a stepping stone to further strengthen its position in the global medical device market. Ceragem has obtained approval from the U.S. Food and Drug Administration for a total of four indications for 'Master V7', the representative product of the Master series: △improved blood circulation, △relief of muscle pain, △relief of joint pain, and △muscle relaxation. V7 has an added 'cervical (
[News Space=Reporter seungwon lee] CJ Group Chairman Lee Jae-hyun has embarked on his first on-site management activity of the new year. On the afternoon of the 7th, the chairman visited the headquarters of CJ ENM Commerce Division (hereinafter referred to as CJ OnStyle) in Bangbae-dong, Seocho-gu, Seoul, to inspect the business site of CJ OnStyle, which achieved meaningful growth last year, such as expanding transaction amount centered on MLC, and to encourage its performance. The chairman said, “I highly value the fact that CJ OnStyle took the lead in market change last year by using MLC as
[News Space=Reporter seungwon lee] Lotte is holding a ceremony to complete a new plant in India and is starting to attack the Indian market, which has the world's largest population of 1.4 billion. Since entering the Indian market in 2004 through Lotte Welfood, Lotte is currently operating two subsidiaries: Lotte India, a confectionery company, and Havmore, a ice cream company. Lotte Welfood's sales in India are expected to reach KRW 270 billion as of 2023. Lotte Welfood held a completion ceremony for the new Havmore Pune plant in Pune, western India, on the 6th. The ceremony was attended by L
[News Space=Reporter seungwon lee] Naver has entered the '10 trillion club' 25 years after its founding. It is the first among domestic platform companies and internet companies. Analysis suggests that its performance was boosted by the continued growth of its core businesses such as search and commerce. With the return of founder Lee Hae-jin and the announcement that Naver will launch new services in the fields of search and commerce that incorporate AI this year, attention is focused on whether this growth trend will continue and whether it will boost Korea's IT pride in the US Big Tech revo
[News Space=Reporter seungwon lee] Hancom Lifecare (CEO Seon-young Kim), a defense and safety equipment specialist and subsidiary of Hangul & Computer (hereinafter referred to as Hancom), announced on the 6th that it signed a memorandum of understanding (MOU) for comprehensive business cooperation with global firearms manufacturer Beretta. This agreement was pursued to enhance Hancom Lifecare's brand awareness in the defense market and to lay the foundation for overseas expansion of the defense business, which is being promoted as a new growth engine. The MOU signing ceremony took place in
[News Space=Reporter seungwon lee] Contemporary performance golf wear brand WAAC has successfully completed its participation in the 2025 PGA Merchandise Show. Wax participated in the '2025 PGA Merchandise Show (hereinafter referred to as the PGA Show)' held in Orlando, Florida, USA from January 21st to 24th (local time). The PGA Show is the world's largest golf trade show hosted by the Professional Golfers' Association (PGA). It is a place where over 1,000 global golf companies participate and interact with golf professionals from around the world. Wax selected 'red' as the main color for thi
[News Space=Reporter seungwon lee] SPC Group (Chairman Heo Young-in), which operates Paris Baguette, has decided to invest in a bakery in Texas, USA and is moving forward with full-scale construction. SPC Group has completed the purchase of a bakery site measuring approximately 150,000 m2 (45,000 pyeong) in the industrial complex 'Highpoint Business Park' located in the City of Burleson, Johnson County, Texas, USA, and has received approval for investment plans and subsidies from the local government. The final procedure, the incentive signing ceremony, was held on January 27 at the Johnson Co
[News Space=Reporter seungwon lee] Olive Young, the 'representative K-beauty platform', is making full-scale inroads into the US market to expand its global business. CJ Olive Young (hereinafter referred to as Olive Young) announced on the 4th that it established a local corporation, 'CJ Olive Young USA', in Los Angeles (LA), California, USA. The plan is to use the US as a forward base for leaping to the 'No. 1 global K-beauty platform' and accelerate the 'globalization of K-beauty' based on the experience and know-how contributed to creating the 'K-beauty industry ecosystem' in Korea. The Uni
[News Space=Reporter seungwon lee] Hanwha Ocean (CEO Kim Hee-chul) announced its performance of annual sales of KRW 10.776 trillion and operating profit of KRW 237.9 billion for 2024. Sales in 2024 increased by 45.5% year-on-year. Operating profit turned to a surplus for the first time in four years since 2020. Sales in the fourth quarter of 2024 were KRW 3.2532 trillion, and operating profit was KRW 169 billion. Reflecting the increase in operating days and sales from high-priced projects, sales in the fourth quarter of 2024 increased by 20.4% compared to sales in the third quarter (KRW 2.230