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Samsung C&T

Samsung C&T Corporation
Samsung Mulsan
삼성물산
Public
Traded as KRX:
Industry Construction
Trading company
Fashion
Resort
Founded 1938; 79 years ago (1938)
Founder Lee Byung-chul
Headquarters Samsung C&T Corporation 123, Olympic-ro 35-gil, Songpa-gu, Seoul, 05510, Republic of Korea
Key people
Chi Hun Choi, President & CEO
Shin Kim, President & CEO (Trading & Investment Group)
Ju Hwa Yoon, President & CEO (Fashion Group)
Bong Yung Kim , President & CEO (Resort & Construction Group)
Services Construction and Civil Engineering
Revenue

IncreaseKRW 35.5 Trillion (2016)

IncreaseKRW 455 billion (2014)
Total assets IncreaseKRW 23.4 trillón (2016)
Number of employees
12,967 (2016)
Parent Samsung
Website www.samsungcnt.com

IncreaseKRW 35.5 Trillion (2016)

Samsung C&T Corporation (Construction & Trading Corporation) (formerly Samsung Corporation) (Korean: 삼성물산), was founded in 1938 as a parent company of Samsung Group to engage in overseas sales operations. Since 1995, it has been largely focused on global engineering and construction projects, trade and investment, fashion and resorts. The corporation is governed by an 11-member Board of Directors, made up of the President and CEOs of its four working groups (Engineering & Construction, Trading & Investment, Fashion and Resort & Construction the corporation’s CFO, and six independent members. Samsung C&T employs just under 13,000 people.

In 1975, Samsung C&T was designated by the Korean government as the first general trading company to lead overseas sales operations. After the company merged with Samsung Construction in December 1995, Samsung C&T began engaging in global business with offices in more than 50 countries.

In September 2015, Samsung C&T merged with Cheil Industries, a Korean textile firm prominent in the fashion industry that was originally acquired by Samsung Everland in December 2013. The resulting Samsung C&T focuses on fashion, food, housing, leisure, and bio businesses with its Engineering & Construction, Trading & Investment, Fashion and Resort & Construction Groups. The merger has established a third pillar for the Samsung Group, adding to its electronics and financial services.

Samsung C&T Engineering & Construction Group specializes in engineering, procurement, and construction.

Engineering & Construction Group of Samsung C&T is best known for its role in notable skyscraper projects, including the 828-meter Burj Khalifa in Dubai, and the Petronas Towers in Malaysia. The group is also known for building the Cleveland Clinic in Abu Dhabi, as well as Korea’s Incheon International Airport,. Giheung Semiconductor Complex, and Raemian Apartment Complexes.


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