Construction and Engineering
Company Overview of POSCO Engineering & Construction Co., Ltd.
POSCO Engineering & Construction Co., Ltd. provides engineering and general construction services in South Korea and internationally. The company offers strategic business planning, design, construction, and test-run services. It engages in the construction of steel, energy, chemical, and water treatment and environmental plants; civil infrastructure covering road, railway, port, new transit, ground making, and leisure/golf course projects; and urban development and architectural projects, such as commercial and residential facilities. The company also provides various services, including compression/tension, heat fatigue, thermal flow, and logistics analysis services for plants; civil engin...
Founded in 1994
Key Executives for POSCO Engineering & Construction Co., Ltd.
Managing Director and President of China Construction Corporation
Director of Global Marketing Division
Chief of Human Resource Department and Managing Director
Compensation as of Fiscal Year 2013.
POSCO Engineering & Construction Co., Ltd. Key Developments
Samsung Engineering Co, Korea Electric Power Corp and Posco Engineering & Construction Co to Build 540 MW Plant in Chile
Nov 21 13
Samsung Engineering Co, Korea Electric Power Corp. and Posco Engineering & Construction Co are competing to build a 540 MW gas plant that will supply the Escondida copper mine in Chile. The plant, dubbed Kelar, was proposed by Escondida's owner BHP Billiton which in 2012 revised the project and decided to use gas instead of coal. The plant should be ready in 2017.
POSCO Engineering & Construction Co., Ltd. Presents at Gasification Technologies Conference 2013, Oct-15-2013 08:30 AM
Oct 1 13
POSCO Engineering & Construction Co., Ltd. Presents at Gasification Technologies Conference 2013, Oct-15-2013 08:30 AM. Venue: The Broadmoor, Colorado Springs, Colorado, United States. Speakers: Jin-Kyeong Kim.
POSCO E&C Plans To Sell POSCO Engineering
Sep 12 12
POSCO Engineering & Construction Co., Ltd. (POSCO E&C) is likely to sell off POSCO Engineering Co., Ltd. in order to focus more on its core businesses. POSCO E&C holds 95% stake in POSCO Engineering. According to the sources in the investment banking industry, POSCO E&C has selected UBS Securities as a lead manager for the sale of POSCO Engineering. A source familiar with the deal said, "'POSCO E&C wants to offload a controlling stake in POSCO Engineering - from a minimum of a 50% stake plus one share to the entire share. The price will differ, depending on how many shares are being sold, but it is estimated at between KRW 100 billion and KRW 200 billion." Overseas companies, including a Canadian engineering firm, are looking for the deal. The sources added, "As one overseas company showed keen interest in acquiring POSCO Engineering, POSCO has completed its lead manger selection process ahead of schedule." POSCO remains silent on the sell-off plan. An official from POSCO said, "POSCO is not considering sell-off of POSCO Engineering."
Similar Private Companies By Industry
Recent Private Companies Transactions