Tag Archives: South Korea

Ocean Yield takes delivery of its third VLCC; commences 15-years bareboat charter

LYSAKER, 5-Jul-2019 — /EuropaWire/ — Ocean Yield ASA takes delivery of the very large crude carrier (VLCC) “Nissos Santorini” today. The vessel is the third in a series of four VLCCs that will be delivered to the Company in 2019. … Read the full press release

Anheuser-Busch InBev’s subsidiary in Asia Pacific to list a minority stake on the Hong Kong Stock Exchange

BRUSSELS, 10-May-2019 — /EuropaWire/ — Budweiser Brewing Company APAC Limited, the Asia Pacific (APAC) subsidiary of Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH), has announced application filing for a potential IPO on the Hong Kong Stock Exchange.  … Read the full press release

Global Talent Competitiveness Index (GTCI) 2019: Switzerland remains #1; Singapore leads Asia-Pacific; Europe dominates the top 10; China leader among BRICS nations

MIDDLE EAST, ASIA, EUROPE, 23-Apr-2019 — /EuropaWire/ — The Adecco Group, Tata Communications and INSEAD have just released their annual benchmark report that looks into the ability of 125 countries around the world to compete for talent. According to the … Read the full press release

Deutsche Bank marks its 40th anniversary in South Korea and Thailand

FRANKFURT, 06-Sep-2018 — /EuropaWire/ — At the beginning of September 1978, Deutsche Bank’s representation in East Asia was expanded considerably with the opening of branches in the South Korean capital Seoul and Thailand’s capital Bangkok. However, the branches operated under the … Read the full press release

Philips IntelliSite Pathology Solution approved by the Ministry of Food and Drug Safety for diagnostic use in South Korea

Seoul, South Korea, 13-Jul-2018 — /EuropaWire/ — Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that its Philips IntelliSite Pathology Solution has been approved by the Ministry of Food and Drug Safety (MFDS) for diagnostic use in South Korea. Pathologists … Read the full press release

Barry Callebaut: Nestlé Japan will launch the Ruby chocolate version of its iconic KITKAT® brand in Japan and South Korea

Barry Callebaut and Nestlé partner in world premiere Japanese KITKAT® is the first consumer brand in the world to launch a Ruby chocolate version named ‘KITKAT® Chocolatory® Sublime® Ruby’ Barry Callebaut revealed the fourth type of chocolate ‘Ruby’ next to Dark, Milk and White chocolate in … Read the full press release

SOUTH KOREA: Lotte Cinema selects the world’s brightest cinema projector for the world’s biggest cinema screen

Seoul, South Korea, 29-Mar-2017 — /EuropaWire/ — Digital cinema leader Barco is proud to announce the installation of two flagship laser projectors at Lotte World Tower in Seoul, South Korea. Barco’s DP4K-60L projectors will illuminate the 34-meter wide screen in Lotte … Read the full press release

Rolls-Royce Motor Cars inaugurated new showroom in Busan, South Korea

Busan, South Korea, 03-Oct-2016 — /EuropaWire/ — Rolls-Royce Motor Cars today unveiled the marque’s new showroom in Busan, South Korea. Torsten Müller-Ötvös, Chief Executive Officer of Rolls-Royce Motor Cars, presided at the official inauguration ceremony, alongside officials from Dongsung Motors, the … Read the full press release

Wärtsilä to supply combined inert gas generators and gas combustion units for 17 new LNG Carrier vessels to South Korea

HELSINKI, 11-12-2015 — /EuropaWire/ — Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea has contracted Wärtsilä to supply combined inert gas generators and gas combustion units for 17 new LNG Carrier vessels under construction at the company’s yards. The vessels … Read the full press release

Airbus Helicopters to join Korea Aerospace Industries in developing South Korea’s next-generation Light Civil Helicopter (LCH) and Light Armed Helicopter (LAH)

SEOUL, 17-3-2015 — /EuropaWire/ — Airbus Helicopters will join with Korea Aerospace Industries in developing two 5-ton class rotorcraft that meet South Korea’s requirements for its next-generation Light Civil Helicopter (LCH) and Light Armed Helicopter (LAH). As the LCH and … Read the full press release

ING completed the divestment of ING Life Korea to MBK Partners

Amsterdam, Netherlands, 27-12-2013 — /EuropaWire/ — ING announced today that it has completed the divestment of ING Life Korea to MBK Partners, a Korean private equity firm, for a total purchase price of approximately EUR 1.27 billion. In line with the … Read the full press release

ING sold its wholly owned life insurance business in South Korea “ING Life Korea” to Korea’s largest private equity firm MBK Partners for € 1.24B

Sale is next major step in divestment of Asian insurance/investment management units ING to receive total cash proceeds of approx. KRW 1.84 trillion (EUR 1.24 billion) ING to hold an indirect stake of around 10% in ING Life Korea for … Read the full press release

Update on the European Union most important on-going and forthcoming free trade agreements

02-8-2013 — /EuropaWire/ — Over the next years, 90% of world demand will be generated outside the EU. That is why it is a key priority for the EU to open up more market opportunities for European business by negotiating new … Read the full press release

WACKER Group sales arm WACKER SILICONES announced it expanded its sales structures in local Asian markets

Munich, 22-7-2013 — /EuropaWire/ — WACKER SILICONES, the main sales driver of the Munich-based WACKER Group, is continuing to expand its operational and sales structures in Asia. To advance its silicones business in Asia, the division has strengthened its regional presence and … Read the full press release

Marine industry leader Wärtsilä Corporation received order for seven Wärtsilä X62 2-stroke low speed engines

17-7-2013 — /europawire.eu/ — Wärtsilä, the marine industry’s leading solutions and services provider, has received its first two orders, a total of seven engines, for the Wärtsilä X62 2-stroke low speed engine. The Wärtsilä X62 is a midsize engine tailor made for … Read the full press release

DB Schenker opens new logistics center in South Korea to provide healthcare and pharmaceutical logistics services

Berlin/Essen/Seoul, 15-7-2013 — /europawire.eu/ — As part of its strategy to further build global supply chain competence in the Healthcare market, DB Schenker has opened a new logistics center in South Korea to provide healthcare and pharmaceutical logistics services. The facility … Read the full press release

Triton Funds to take over 100 % of Befesa from Spanish group Abengoa

Value of EUR 1.075 billion, cash purchase price of EUR 850 million European market leader in niche recycling businesses with strong core activities in Germany Potential for future growth in emerging markets such as South Korea, Turkey, Middle East and … Read the full press release