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▲ Doosan Heavy Industries & Construction = [Exclusive] Won the contract for Wolseong Nuclear Power Plant Unit 2·4 core facility maintenance business

Doosan Heavy Industries & Construction won the steam generator 1st stage moisture separator maintenance project in Wolseong nuclear power plant in Gyeongju, Gyeongbuk. Korea Hydro & Nuclear Power Co., Ltd. is pursuing a replacement project due to a defect in the moisture separator of the nuclear power plant, which is carried out by Doosan Heavy Industries & Construction.

▲ Samsung Electronics = [Exclusive] Restructuring of Russian TV plant begins

Samsung Electronics is restructuring the workforce of the Kaluga TV plant in Russia. The Ministry of Labor and Social Affairs of Russia said, "Samsung Electronics plans to cut the number of employees in the Kaluga plant by about 10%." Covid-19 pandemic led to a drop in plant utilization and increased concerns over earnings deterioration. Samsung Electronics' overseas business' reduction winds' has become a reality.

▲ KB Kookmin Card = [Exclusive] Fight with Fitch… "Won't be credited"

KB Kookmin Card has abandoned the credit rating of the international credit rating agency Fitch. The credit rating seems to have been lowered last month. There is concern that the credit rating withdrawal will cause difficulties in raising foreign currency funds in the future. Last month, Fitch lowered the KB Kookmin Card credit rating to 'BBB+'.

▲ Samsung Electronics = Galaxy A-series, replacement battery system expected to be installed

It is expected that Samsung Electronics will apply a replaceable battery system to low-cost smartphone models. An IT media said that Samsung Electronics is preparing to install a removable (replaceable) battery in a low-cost smartphone. Samsung Electronics has applied all-in-one batteries except for some of them.

▲ Kia Motors = Expansion of production line in India factory… $ 55 million investment

Kia Motors expands production lines in Anantapur, India. The investment is $ 55 million. Kook-Hyun Shim, head of the India Regional Headquarters of Kia Motors said on the 28th (local time) that he would invest further in the Anantapur plant when he met Governor Redi Andhra Pradesh.

▲ Samsung Electronics = Request for a duty-free exemption for washing machine parts made in China, the US "under review"

Samsung Electronics asked the US government to exempt tariffs on Chinese washing machine parts. It is known that tariffs of 7.5% to 15% are charged with a total of five exempted parts. The cost of manufacturing in local factories has increased. The U.S. government is considering whether to exempt tariffs.

▲ Shinhan Bank = Shinhan Bank expands customer contacts in Beijing ... Jinok-dong continues to expand globally

Shinhan Bank opens a new branch in Beijing, China. Since the inauguration of President Jin Ok-dong last year, the pace of global business expansion is accelerating.