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Samsung C&T Corporation

 
Hoover's Profile: Samsung C&T Corporation
Contact Information
Samsung C&T Corporation
1321-20 Seocho 2-Dong, Seocho-Gu
Seoul 463-721, South Korea
Tel. +82-2-2145-2114
Fax +82-2-2145-3114

Type: Public
On the web: http://www.samsungcnt.com/
Employees: 4,622

Samsung C&T is the trading and construction arm of the Samsung Group, the largest "chaebol" (business conglomerate) in South Korea. Samsung C&T has some 80 branch offices worldwide. The company's trading and investment group does business in a number of sectors, including oil and gas, electronic materials, heavy machinery, steel, and chemicals. Its construction division has helped build such notable projects as the Petronas Twin Towers in Malaysia and the Burj Tower in Dubai -- both among the world's tallest buildings. It handles civil projects, includes bridges and ports, and construction of power plants and petrochemical facilities. The group's housing development unit builds condominiums and apartments.

Key numbers for fiscal year ending December, 2008:
Sales: $9,331.2M
One year growth: (10.2%)
Net income: $272.6M
Income growth: (47.6%)

Officers:
President and CEO, Trading Group; Director: Sung-Ha Chi
CFO, Head of Strategic Planning, and Director: Investment Firms

Competitors:
Daewoo International
Hyundai Corporation
LG International

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