- Business
- Taeyoung Engineering & Construction Co., Ltd. (009415.KS) engages primarily in civil engineering, construction, and related infrastructure development in South Korea and select international markets. The company offers civil engineering projects including highways, bridges, subways, railways, ports, harbors, and new city infrastructure; waterworks and sewage treatment facilities such as the Gangbuk Water Purification Plant, Asia's largest, and the Suwon Sewage Treatment Plant utilizing advanced biological wastewater technology; urban development and housing under the high-end DESIAN apartment brand; plant construction encompassing industrial facilities like tank terminals, silos, chemical plants, and animal feed plants, as well as environmental and energy plants including mechanical biological treatment plants, biogas facilities, and automated waste collection systems; and environmental services focused on waste treatment and sewage systems. Founded in 1973 and headquartered in Goyang-si, Gyeonggi-do, South Korea, Taeyoung operates through segments that also include broadcasting via affiliates like Seoul Broadcasting System production, leisure facilities such as golf courses and water parks, and property development. In recent developments, the company divested its 50% stake in joint venture Ecorbit, a water treatment and waste management firm, to IMM Consortium in December 2024 amid debt restructuring efforts involving approximately 4.58 trillion won ($3.6 billion) in liabilities; secured a 600 billion won contract for Jinhae New Port construction in July 2025; and continues to pursue major projects like the Busan Seomyeon Urban Sent Desian development with 831 units announced in September 2025.