February 24, 2017 9:10 PM ET

Construction and Engineering

Company Overview of POSCO Engineering & Construction Co., Ltd.

Company Overview

POSCO Engineering & Construction Co., Ltd. operates as a construction company in South Korea. It engages in the construction of steel, power, chemical, and mining and industrial plants. The company is also involved in the civil works covering roads, railways, harbors, land development, leisure/golf course projects, and hydroelectric power plants; and environmental businesses, such as waste water treatment, water treatment and supply, desalination, and recycling services. In addition, it offers building works and urban development services, including residential and commercial facilities, premium parks, and landscaping and cultural facilities; and architecture services. The company has operat...

180, Daesong-ro



South Korea

Founded in 1994


82 5 4223 6114


82 5 4223 6049

Key Executives for POSCO Engineering & Construction Co., Ltd.

Vice Chairman, Chief Executive Officer and President
Age: 65
Managing Director and President of China Construction Corporation
Age: 60
Director of Global Marketing Division, Senior Managing Director and Executive Director
Age: 60
Chief of Human Resource Department and Managing Director
Age: 58
Executive Director
Age: 66
Compensation as of Fiscal Year 2016.

POSCO Engineering & Construction Co., Ltd. Key Developments

POSCO E&C Reports Earnings Results for the Third Quarter of 2016

POSCO E&C reported earnings results for the third quarter of 2016. For the quarter, the company reported operating loss of KRW 27 billion compared to operating profit of KRW 59 billion a year ago.

POSCO E&C Plans to Dismiss More Than 500 Workers by the End of 2016

POSCO E&C announced that to deal with increasingly unfavorable business conditions abroad, the company plans to streamline its organizational structure and dismiss more than 500 workers by the end of 2016 through a voluntary retirement scheme. In particular, those in the construction of refineries, power plants and other industrial facilities in the Middle East will face more pressure to quit.

POSCO Reportedly Seeks To Sell Engineering Unit

POSCO (KOSE:A005490 might sell its engineering unit. Posco is reportedly tapping into various plans on how to deal with its engineering unit, such as putting it up for sale or merging it with POSCO Engineering & Construction Co., Ltd.

Recent Private Companies Transactions

February 7, 2017
SPH Co, Ltd.
November 23, 2016
POSCO Engineering Co., Ltd.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact POSCO Engineering & Construction Co., Ltd., please visit www.poscoenc.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.