European branch

Energy LS Cable breaks ground on $681 mn underwater cable plant in Chesapeake

WASHINGTON, D.C. – LS Cable & System Ltd., South Korea’s leading wire and cable manufacturer, has broken ground on its first underwa...

Automobiles Kumho Tire eyes Poland, Serbia, Portugal for 1st European plant

Kumho Tire Co., South Korea’s No. 2 tire maker, is evaluating Poland, Serbia and Portugal as a potential site for its first plant in Europe as...

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...

Business & Politics Asia’s defense stocks climb on hopes of more European arms spending

Defense stocks in key Asian markets jumped on Tuesday, buoyed by expectations that European nations will boost security spending amid fears that the...

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...

Bio & Pharma Samsung Biologics signs $1.4 bn CMO deal with European pharma

South Korea's Samsung Biologics Co., the world’s largest contract drugmaker, said on Tuesday it signed a $1.4 billion contract manufacturing o...

Tech, Media & Telecom China's Xiaomi establishes S.Korean branch

China's IT giant Xiaomi has entered the South Korean market. Xiaomi said on Monday it established its South Korean branch, Xiaomi Korea, and wi...

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...

Batteries SK Nexilis gets $133 mn subsidy from Poland

South Korea's SK Nexilis Co., the world’s largest copper foil maker, said on Monday it received a $133 million subsidy from the Polish gover...

Food & Beverage CJ CheilJedang's Sobaba Chicken enters US, Japan

South Korea's CJ CheilJedang Corp. said on Wednesday its frozen fried chicken Sobaba Chicken entered Costco stores in the US and Japan.Sobaba Chicke...

Bio & Pharma Samsung Biologics wins $668 million CDMO deal with European pharma

Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it has signed two drug manufacturing contracts worth a combin...

Tech, Media & Telecom Samsung Electro-Mechanics gets European certification for camera SW

South Korea's Samsung Electro-Mechanics said on Wednesday it obtained Automotive SPICE (A-SPICE) Level 3 certification for its vehicle camera modu...

Electronics Samsung Bespoke AI Combo targets European market

Samsung Electronics Co. said on Sunday it held the showcase for launching its all-in-one washer-dryer, Bespoke AI Combo, in Berlin, Germany on Nov...

Bio & Pharma Celltrion acquires Swiss pharmaceutical distributor iQone

South Korea's Celltrion Inc. said on Friday that it completed its acquisition of iQone Healthcare Switzerland, a Swiss pharmaceutical distributor, t...

Banking & Finance S.Korea provides financial education for foreigners in bank

South Korea's Financial Supervisory Service (FSS) launched financial education for foreign residents at specialized bank branches for foreigners. T...

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...

Banking & Finance KB Kookmin Bank opens branches in Chennai, Pune

South Korea's KB Kookmin Bank opens branches in Chennai and Pune, major economic hubs in India on October 21. The bank, which established its Gurug...

Banking & Finance Woori Bank expands services for foreign customers in S.Korea

Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open o...

Electronics Seoul Semiconductor wins no-wire LED patent case in Europe

South Korea’s Seoul Semiconductor Co. said on Wednesday it won a patent dispute against Taiwan's Everlight Electronics Co. after the European ...

Banking & Finance Hana Bank opens branch for foreign customers in Pyeongtaek

South Korea's Hana Bank said on Thursday that it opened a branch for foreigners in Pyeongtaek.The Pyeongtaek Foreign Customer Center, located in Pye...

Banking & Finance Korea's Woori Bank adds two more branches in India

South Korea’s Woori Bank announced on Thursday that It has opened additional branches in Pune and Ahmedabad, India.These are the bank's fourth...

Electronics LG ramps up European HVAC marketing with new Therma V model

LG Electronics Inc., a leading South Korean home appliance maker, is strengthening efforts to enhance its presence in Europe’s heating, ventil...

Batteries Samsung SDI’s Q2 profit drops on sluggish European EV sales

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, saw its second-quarter operating profit plunge from the year-earlie...

Electric vehicles Humax, HeyCharge collaborate on EV charger

South Korea's mobility solutions company Humax Co. announced on Monday that it partnered with the Germany-based electric vehicle (EV) charging techn...

Logistics Hanjin expands European logistics bases

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Monday that it will expand its European bases, including establi...

Food & Beverage Lotte's sugar-free soju Saero to enter European market

South Korea's Lotte Chilsung Beverage Co. is poised to introduce its zero-sugar soju Saero to the European market next month, aiming to expand its g...

Steel Dongkuk CM establishes European branch in Germany

Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel business unit of South Korea's Dongkuk Steel Group, announced on Wednesday that it op...

Pension funds POBA favors data centers, senior housing in Europe: CIO

South Korea’s Public Officials Benefit Association (POBA), a retirement fund with assets under management (AUM) of 26 trillion won ($19.1 bill...

Electronics LG to double global built-in appliance sales to $722 mn

MILAN, ITALY – LG Electronics Inc. eyes 1 trillion won ($722 million) in global built-in appliance sales in three years by winning the hearts ...

Shipping & Shipbuilding HD Hyundai, Scottish firms to cooperate on offshore wind power

South Korea's HD Hyundai Heavy Industries Co. announced on Wednesday that it signed a memorandum of understanding (MOU) with Scottish Enterprise and...