Daewoo International

Daewoo International Corporation(대우인터내셔널) is Korea’s largest trading company and a subsidiary of POSCO. The company was founded by Kim Woo-choong in 1967 as Daewoo Industrial Co., Ltd, which ran its business in trading and construction. In 2000, as Daewoo Group faced work-out program, Daewoo Industrial Co., Ltd’s trading segment was split and established as Daewoo International Corporation. Afterwards, it succeeded general trading license and was listed on stock market back again. Daewoo International corporation has five business segments, providing services in international trading, resource development in foreign countries, domestic and international investments in business, foreign projects, support of small and medium-sized companies with items such as steel, metal, chemical materials and automobile parts, machinery, plants, electronics, textiles, special materials.

Operations

Daewoo International Corporation had its head office in Yonsei Building, Jung-gu, Seoul. Its global network consists of over 100 overseas branches and subsidiaries. As of January 26, 2015, it has moved its head office to the Northeast Asia Trade Tower(NEAT Tower) in Songdo, Incheon.