“Market Cap $9.05 B As of May 2014
At a Glance
- Industry: Trading Companies
- Founded: 1938
- Country: South Korea
- CEO: Kim Shin
- Website: www.samsungcnt.co.kr
- Employees: 7,860
- Sales: $25.97 B
- Headquarters: Seoul
#894 Global 2000
- #360 in Sales
- #895 in Assets
- #1186 in Market value
Samsung C&T Corp. engages in the trading and construction business. Its operations are carried out through the Engineering and Construction, and Trading and Investment segments. The Engineering and Construction segment is divided into four divisions: Building, Civil, Power and Plant, and Housing. The Building division provides construction projects such as the Petronas Tower and Burj Khalifa. The Civil division renders civil engineering services such as the construction of subways, roads, bridges, harbors, airports, and reclamation projects. The Power Plant division provides construction of power plants, energy storage, transportation, industrial, and environmental facilities. The Housing division consists of apartments and housing projects under the brand name Raemian. The Trading and Investment segment is divided into three divisions: Energy and Environment, Natural Resources, and Industrial Materials. The Energy and Environment division offers power generation, bio-ethanol projects, waste water recycling, and desalination. The Natural Resources division produces and trades crude oil, coal, and other mineral resources. The Industrial Materials division supplies iron and steel products through its stainless steel factory. It is also involved in the development of new businesses such as investments in production facilities, construction of overseas logistics bases, and establishment of joint venture companies in relation to its textile business. The company was founded on March 1, 1938 and is headquartered in Seoul, South Korea.“
“Engineering & Construction Group
Samsung C&T Engineering & Construction Group has proven expertise for engineering, procurement, and construction for 35 years. We are committed to becoming the world’s no. 1 contractor with constant pursuit of growth and excellent leadership.
With the world’s most advanced technological expertise and experience in architecture, civil engineering, plant, and housing development, Engineering & Construction Group of Samsung C&T is dedicated to providing customers with the best possible added value.
In skyscraper construction, Samsung C&T has erected two of the world’s most famous skyscrapers–Petronas Twin Towers in Malaysia and Burj Khalifa in Dubai. In housing development, Raemian, a Samsung C&T brand for apartments, has solidified its top standing in Korea by winning the best prize in the apartment category in the 2014 National Customer Satisfaction Index (NCSI) for 17 consecutive years.
But we are not resting on our laurels; we strive to diversify our business scope by sharpening our technological and software capabilities while continuing to ensure customer satisfaction and quality control as our top priority. We also seek to strengthen competitive edge by process and system innovation to become one of the top construction companies in the world.”
*Information from Forbes.com and Samsungcnt.co.kr
**Video published on YouTube by “Samsungcnt“