GS Global

                                                                
                                                                
PLS GS Entec
                                                                
                                                                
CEO Tae-hyeong Kim
Address GS Tower, 508, Nonhyeon-ro, Gangnam-gu, Seoul
Tel. +82 2 2005 5300
Homepage www.gsgcorp.com
CEO Tae-hyeong Kim
Address GS Tower, 508, Nonhyeon-ro, Gangnam-gu, Seoul
Tel. +82 2 2005 5300
Homepage www.gsgcorp.com

Overview

Since we changed company’s name from Ssangyong to GS Global in Jul. 2009, GS Global officially incorporated into GS Group. GS Global was established in the name of Kumsung Industry Corporation as a professional import and export company and designated Korea’s second general trading company in 1975. GS Global has been contributing to domestic economic growth through expanding exports. And, based on the numerous bases in overseas, we have been doing business activities including import and export, cross trade and logistics service dealing with various products such as steels and metals, petrochemicals, cements, mechanics, facilities and bituminous coals.
GS Global has been expanding existing business and leading GS Group’s global business as well. At the same time, we strive to grow to be a leader developing new business of future growth.

History

2017
  • GS Global acquired shares of BSSR, one of the largest coal mining companies in Indonesia, and obtained the off-take right to secure BSSR coal.
  • GS Global will diversify its coal trading portfolio through various types of business models.
2015
  • Expanded value chain of logistics by providing differentiated services of development and operation of Pyeontaek Port and Dangjin Port and engaging various new businesses
2012
  • As a part of strategies of business diversification, expanded the business of overseas resources development by acquiring shares of the ‘Nemaha Oil Field Development Project
2011
  • Established China Suzhou Steel Service Center as a new platform of steel business
  • Established jointly with Union Steel the coil center focused on India’s home appliances
  • Expanded value chain to sustainable development through these investment
2010
  • As a part of securing new growth engine, acquired GS Entec which manufactures chemical mechanics and generator facilities
  • By entering into the manufacturing business, set a stable portfolio of heavy industry and manufacturing including trading business
2009
  • Renamed to GS Global and incorporated into GS Group as a subsidiary
  • Maintained management system and re-created company culture by adopting ERP system and engaging in strengthening continuously ability of the organization
2004
  • As a part of strategies of business diversification, opened Korea’s first largest logistics center for imported automobiles in Incheon North Port
1991
  • Won the USD 2 billion Export Tower Award
1990
  • Started development of overseas resources along with exportation as a general trading company
  • Supplied coals from China, Indonesia, Russia, and Australia to domestic market
1985
  • Built the network of cement by investing in equipment for constructing distribution base within Japan
  • Supplied quality cement to Japanese market by building and operating many cement silos in Japan
1980
  • Became a leader in developing Chinese market by recognizing the potentiality of Chinese market then opened Hong Kong branch(1982), Peking office(1991), Guangzhou office(1992), Shanghai/ Dalian office(1993)
1975
  • Designated Korea’s second general trading company according to the government’s policy of adopting the system of general trading company and contributed to economic development by expanding exportation
1972
  • Won the Gold Tower Order of Industrial Service Merit on 9th Day of Exportation thanks to increase export by developing exporting items and new market