POSCO Daewoo Corporation (South Korea)

POSCO Daewoo Corporation operates as a holding company engaged in four businesses including international trade, project organizing, resource development and distribution. The company carries a wide range of products including steel, metal, machinery, automotive component, Industrial electronics, steel raw material, non-ferrous metal, chemical and agro-fishery products including rice, corn and beans . In addition, POSCO Daewoo Corporation implements overseas development projects such as power generation, railroad, ports, harbor, plants and IT facilities. The company is also involved in oil, gas, mineral and food development projects including bituminous coal mining in Narrabri, Australia and palm oil plantation in Indonesia, exploration, development, production and operation of Myanmar offshore gas field. Furthermore, POSCO Daewoo Corporation operates Daewoo Department Store, one of the major retailers in South Korea. The company has global networks in markets including North America, Central and South America, Europe and CIS, Africa and the Middle East, Japan, China and Asia. Daewoo International Corporation was founded in 1967 formerly known as Daewoo Industry Co., Ltd. The company was incorporated into POSCO Group in 2010.