An employee of a company that develops virtual reality training programs demonstrates the handling of an industrial accidents involving dangerous chemicals at the Korea International Construction & Industrial Safety Expo on Tuesday.
A consortium including engineering company SK ecoplant has been named the preferred bidder for a $2.2 billion road construction project in Norway.
Construction orders clinched by Korean builders grew at the fastest pace in five years in 2020 on the back of an increase in overseas projects planned as economic stimulus measures, data showed Wednesday.
A consortium led by Doosan Heavy Industries & Construction Co., a Korean plant builder, has been awarded a 180 billion-won ($155 million) water treatment deal in Britain, the company said Monday.
Construction companies could face heavy penalties, including punitive damages equal to 10 times actual damages and life sentences, if illegal use of subcontractors leads to a failure that causes harm or death.
Korean builders' business sentiment sank below par in July from a month earlier due to a heat wave and a resurgence of the coronavirus, a poll showed Monday.
The Fair Trade Commission (FTC) on Tuesday approved Hyundai Genuine, the parent company of Hyundai Construction Equipment, acquiring 34.4 percent of Doosan Infracore, a construction machinery maker, for 850 billion won ($760 million).
Doosan Heavy Industries & Construction has invested $60 million into NuScale Power, the company announced on Tuesday, in a move that deepens its financial and business ties with the U.S. provider of small modular reactors.
Workers take a break while enjoying popsicles under a shade at an SK apartment construction site in Incheon on Tuesday. Officials overseeing the construction say that they have taken steps to help workers beat the heat.
SK Engineering & Construction changed its name to SK ecoplant as part of an effort to enhance its environmental image.