Europe routes

Pension funds S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds

The Government Employees Pension Service (GEPS), one of South Korea’s top three public pension programs, will commit up to 200 billion won ($1...

Bio & Pharma Korea’s pharmaceutical exports set to top $10 bn, led by ‘K-M7’ champions

South Korea’s pharmaceutical exports are on course to surpass $10 billion this year, underscoring the country’s growing clout in the glo...

Batteries LG Energy Solution clinches multibillion-dollar ESS deals in Japan, Europe

LG Energy Solution Ltd. has secured a string of billion-dollar energy storage system (ESS) deals in Japan and Europe, outmaneuvering Chinese rivals ...

Private equity Glenwood PE to increase blind fund to $1 bn on pension funds’ interest

South Korea’s Glenwood Private Equity Co. is set to increase a blind fund to 1.5 trillion won ($1 billion) as pension funds at home and abroad...

Bio & Pharma Samsung, Celltrion lead biosimilar market in Europe, US

Samsung Bioepis Co. and Celltrion Inc. are outpacing long-established global drug manufacturers such as Amgen Inc. and Sandoz in the antibody biosim...

Electric vehicles Hyundai, Kia ready to ramp up EV output in Europe, US

South Korea’s top two automakers Hyundai Motor Co. and Kia Corp. are expected to ramp up electric vehicle production in Europe and the US to b...

Real estate European student housing is top of the class: Savills IM

The appeal of European purpose-built student accommodation (PBSA) to real estate investors is growing rapidly. In the recent 2025 INREV Investor Int...

Electric vehicles Kia CEO stands firm on electrification strategy, premieres EV4 in Europe

TARRAGONA, Spain – Despite a temporary slowdown in electric vehicle demand and intensifying competition from Chinese automakers, Kia Corp. rem...

Bio & Pharma Celltrion wins EU approval for autoimmune disease treatment Avtozma

Celltrion Inc.’s Avtozma, a biosimilar to Roche’s autoimmune disease treatment Actemra, has won approval from the European Commission, f...

Alternative investments KIC explores Europe middle-market private equity opportunities

The Korea Investment Corporation (KIC) on Monday explored investment opportunities in Europe’s middle-market private equity sector with other ...

Medical devices Middle East: New land of opportunity for Korean medical devices

South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...

Bio & Pharma Celltrion’s Vegzelma: Most-prescribed cancer treatment in Europe

South Korea’s leading biosimilar drug developer Celltrion Inc.'s Vegzelma, a cancer drug referencing global biopharma Roche’s Avastin, h...

Energy SK Energy, Korea’s first refiner to export sustainable aviation fuel to Europe

SK Energy Co., South Korea’s largest oil refiner, said on Sunday it has shipped its first batch of sustainable aviation fuel (SAF) to Europe, ...

Bio & Pharma Korean drugmakers control more than half of European biosimilar market

South Korea’s two leading drugmakers, Celltrion Inc. and Samsung Bioepis Co., have achieved a significant milestone in the European biosimilar...

Bio & Pharma Yuhan’s lung cancer drug gets OK in Europe

Leclaza (ingredient: lazertinib), a new lung cancer treatment developed by South Korea’s Yuhan Corp. secured approval from the European Commis...

Food & Beverage S.Korea's office cafeteria firms expand into overseas markets

South Korea's office cafeteria companies, including Hyundai Green Food Co., Ourhome, and Samsung Welstory plan to expand overseas markets with the p...

Korean startups Fleetune continues evolving for smarter route optimization   

Fleetune Inc., a South Korean transportation management service (TMS) platform-developing startup, is gearing up for a big leap next year with relen...

Automobiles Kia aims to reclaim Europe with EV2, keeps K4 output unchanged in Mexico

Kia Corp., South Korea’s second-largest carmaker, will start producing its entry-level electrified model EV2 from its plant in Slovakia next y...

Markets BOK to buy repos to counter martial law-driven market tantrum

South Korea’s central bank will provide "unlimited" liquidity to the country’s financial markets by purchasing repurchase agreements, or...

Airlines Korea’s LCCs to counter headwinds with exclusive routes, lower fares

South Korea’s budget airlines are gearing up to weather the sector’s downturn amid a weaker local currency and a sluggish domestic econo...

Airlines Korean Air resumes Incheon-Kumamoto flights after 27 years

Korean Air Lines Co. said on Monday that it relaunched the Incheon–Kumamoto route on November 24, offering seven weekly services.The route, la...

Shipping & Shipbuilding HMM introduces S.Korea's first LNG-powered vessels

South Korea's HMM Co. said on Friday that it will introduce two 7,700 TEU (1 TEU equals one 20-foot container) container ships powered by liquefied ...

Korean startups Bering Lab eyes 7-fold jump in revenue in 5 years

Bering Lab Inc., a South Korea-based artificial intelligence technology-powered translation startup with specialties in legal, financial and intelle...

Korean food CJ CheilJedang to invest $584 mn to build food factories in Europe, US

CJ CheilJedang Corp., South Korea’s largest food company, will spend a total of $584 million to build new food-manufacturing factories in Euro...

Electronics LG unveils AI-powered commercial washers, dryers in renewed B2B push

South Korean home appliances giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business (B2B) marke...

Bio & Pharma Celltrion releases Steqeyma in Europe

South Korea's Celltrion Inc. said on Monday it released Steqeyma (ustekinumab) in Europe, the biosimilar of autoimmune disease treatment Stelara.T...

Earnings Samsung Bioepis Q1 sales surpass $362 mn in US, Europe

Samsung Bioepis Co. reported that its quarterly overseas sales of key biosimilars exceeded 500 billion won ($362 million), according to figures re...

Korean food Korean food appliance makers witness K-food fever in Europe

VIENNA –  South Korea's small cooking appliance and beauty product makers gained certitude of their product quality and were convinced of...

Automobiles Hyundai to launch Euro 7-compliant car in Europe next year

Hyundai Motor Co., South Korea’s top automaker, is set to introduce a tougher emissions standards-compliant model in Europe next year ahead of...

Chemical Industry LG Chem opens Europe Innovation Center in Germany

South Korea's LG Chem Ltd., the world’s fourth-largest chemicals manufacturer, said on Sunday the opening of its Europe Innovation Center in F...