Hyundai Corporation (HC) Chairman Chung Mong-Hyuk has chosen “management buyouts” as the topic for this year. This is a strategy aiming to reduce trial and error when entering new businesses that HC is focusing on, such as automobile parts and recycling products.
At a Tesco Extra on the 5th (local time), located on the outskirts of London, products labeled Shiitake Mushrooms and Oyster Mushrooms were prominently displayed in the vegetable section. The mushrooms looked similar to those sold in Korea and had the same distinct flavors.
Bereum announced on the 28th that it had signed an additional export contract worth €2.1 million (KRW 2.94 billion) with Vitamed for three years through an overseas sales partnership with Hyundai Corporation.
There is an old saying that goes, “Time changes everything.” Three decades are long enough to completely change a man. Do you think that foreigners who have spent thirty years working for a Korean trading company are similar to Koreans in nature?
Hyundai Corporation will support Korean marine pollution control equipment startup KOAI with market expansion overseas. The partnership kicked off in Singapore, where KOAI’s oil spill response robot and related technology were demonstrated.