Daegu Hwaseong Industrial Establishes Civil and Environmental Business Division... Executive Director Ahn Young-jun Appointed as Head

Organizational Restructuring Implemented... 66 Promotions

Hwaseong Industrial Co., Ltd. (Chairman & CEO Lee Jong-won) carried out an organizational restructuring and promotion announcement following the New Year's kick-off ceremony on the 10th.

Focusing on strengthening the transition to a business unit organizational system through optimized organizational improvements for new growth strategies and sustainable management, the company aimed to secure consistent business competitiveness by division and create synergy through a collaborative system.

Hwaseong Industrial newly established the Civil and Environmental Business Division through this reorganization to swiftly respond to the construction of the Daegu-Gyeongbuk Integrated New Airport as well as large-scale civil engineering projects within the Daegu-Gyeongbuk region and to secure a competitive edge.

Hwaseong Industrial Headquarters.

Senior Executive Director Ahn Young-jun, a 'civil engineering expert' with over 30 years of experience in the civil engineering field, combining practical experience and theory in construction, administration, site management, and sales team leadership, was promoted and appointed as head of the Civil and Environmental Business Division.

Additionally, an Environmental Sales Team was organized under the Civil and Environmental Business Division, focusing on expanding Hwaseong Industrial’s business scope not only in the domestic environmental market but also overseas, marked by being selected as the preferred negotiator in December last year for the Pakistan Karachi Residential Environment Improvement and Greenhouse Gas International Reduction Project.

The existing Strategy Office was elevated to the Strategy Headquarters to actively discover and concretize new businesses beyond the real estate sector. Efforts will be concentrated on building a new business portfolio that can drive external affairs and future growth, fostering organic collaboration between organizations, serving as a communication channel between management and employees, and proactively responding to company risks.

Furthermore, the PC Steel Factory and Seoul Branch were placed directly under the President and CEO to actively promote business area expansion.

Hwaseong Industrial completed the Uiseong Factory in 1994, the only domestic construction company capable of simultaneously producing steel reinforcement and PC-specialized products. With this decision, the Seoul Branch plans to vigorously develop the metropolitan and non-metropolitan real estate markets through faster decision-making and expanded authority.

Jung Pil-jae, Head of the Strategy Headquarters at Hwaseong Industrial, stated, “This year, we will faithfully carry out three tasks in existing business sectors: risk management, checks and balances, and challenges, while striving to find new growth engines by entering overseas and non-metropolitan markets. We will also focus on building a corporate culture through organic collaboration and communication between headquarters and teams, as well as open communication in response to the changing environment.”

Despite the economic downturn last year causing difficulties for most construction companies, Hwaseong Industrial actively targeted non-metropolitan and private markets, achieving the best order performance in the past five years and maintaining growth even in a challenging market environment. Based on this, a total of 66 promotions were made.

This content was produced with the assistance of AI translation services.