Daewoo Engineering & Construction Co., Ltd
KKRX:04704014,700.00
KRW
+170.00
(+1.17%)
ISIN
KR7047040001
Return %
Stock
S&P 500
1Y
292.52
14.39
3Y
274.05
81.42
5Y
123.74
68.62
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Kang-Seok Lee
- Full Time Employees
- 5,146
- Sector
- Consumer durables
- Industry
- Homebuilding
- Address
- 170, Eulji-ro Seoul SL South Korea 04548
- IPO Date
- Mar 23, 2001
- Website
- daewooenc.com
- Similar Companies
- Business
- Daewoo Engineering & Construction Co., Ltd. is a South Korean construction and engineering firm operating in the engineering, procurement, and construction (EPC) sectors. Founded in 1973 and headquartered in Seoul, the company operates primarily across South Korea and internationally, with significant projects in Asia, Africa, and the Middle East. It serves multiple industries including residential and commercial housing, civil infrastructure, and high-tech industrial plants. Daewoo E&C's main products and services include housing construction under its "Prugio" brand of upscale apartments and urban residential complexes; civil works such as highways, roads, bridges, railways, subways, harbor construction, and environment-friendly water treatment facilities; and plant construction specializing in energy and petrochemical plants, notably in LNG liquefaction plants, oil and gas transmission and storage equipment, and refining plants. Recent major developments include the company's strategic divestment of a 41.43% stake in Korea Infrastructure Management Co., Ltd. to J&KS Co., Ltd. for KRW 30 billion. It continues to lead in high-value plant construction projects globally with a strong market in LNG and participates actively in clean energy and sustainable construction projects focusing on carbon neutrality and environmental conservation. Noteworthy projects include the Cheongpa 1 District Housing Redevelopment in Seoul and rehabilitation contracts such as the Kaduna Refinery in Nigeria. Daewoo E&C is expanding its portfolio with innovative technologies in urban air mobility and eco-friendly project development while strengthening its market presence through partnerships and new contracts valued in the hundreds of billions of Korean won. The company maintains a diversified portfolio, balancing domestic housing market dominance with international plant construction specialization. It has established itself as a competitor in large-scale infrastructure, including having completed significant subway and tunnel projects in South Korea and overseas harbor terminals. Daewoo E&C continues to innovate in construction technology, such as shield tunneling for subway expansions and eco-friendly underground treatment facilities with surface park space restoration. Its operations also include development and finance services related to infrastructure and energy sectors, positioning it as a broad-based construction convergence innovator in South Korea and beyond. Daewoo E&C functions under the industry segments of Housing and Building, Civil Works, and Plant Construction. It targets government and private-sector clients for major infrastructure projects, residential customers via its apartment brands, and international energy investors through EPC contracts. The company faces financial and operational challenges but focuses on leveraging its technical expertise and strategic alliances to stabilize and grow its business footprint globally. Overall, Daewoo Engineering & Construction remains a significant player in the South Korean and international construction markets, known for its diverse construction portfolio, expertise in LNG and energy plants, and ongoing commitment to sustainable and innovative infrastructure development. Recent changes underscore a strategic shift toward de-risking through asset sales and expanding into cutting-edge construction technologies and overseas markets.