Kumho Asiana Group is a large South Korean Chaebol (conglomerate), with subsidiaries in the construction , electronics , IT , leisure , logistics , manufacturing , tourism and transportation sectors. The group is headquartered at the Kumho Asiana Main Tower in Sinmunno 1-ga , Jongno-gu , Seoul , South Korea . As of 2014, the largest shareholder is Park Sam-koo, the third son of the company's founder, who stepped down as CEO in 2010.
5-431: Asiana may refer to: Kumho Asiana Group , a South Korean conglomerate whose subsidiaries include the following notable companies also with the name Asiana: Asiana Airlines , one of South Korea's two major airlines Asiana IDT, an information technology service provider Asia (Roman province) , a late Roman Republic province also known as Asiana Topics referred to by
10-445: A position of strength, it acquired several companies from cash-strapped competitors in the 2000s, including Daewoo Engineering & Construction and Korea Express. These acquisitions were heavily leveraged , leading to cash flow issues as the financial crisis of 2007–08 began to impact the economy. The group was forced to sell off assets and begin a debt workout program in late 2009 after an attempt to sell Daewoo E&C failed on
15-483: Is different from Wikidata All article disambiguation pages All disambiguation pages Kumho Asiana Group After World War II , Park In-chon began a taxi service, based out of Geumnamno in Seo-gu , Gwangju . By the 1950s, operations had expanded to include bus and coach services, operating as Gwangju Passenger Service (today, Kumho Buslines). The company began vertical integration in 1960 with
20-462: The establishment of Samyang Tire, today Kumho Tire . Facing a shortage of raw material, Kumho Synthetic Rubber (today Kumho Petrochemical ) was established in 1971. The group expanded considerably as the Korean economy boomed , adding subsidiary companies in aviation, construction, culture, logistics, information technology, and tourism business sectors. Surviving the 1997 Asian financial crisis in
25-409: The same term [REDACTED] This disambiguation page lists articles associated with the title Asiana . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Asiana&oldid=1085395102 " Category : Disambiguation pages Hidden categories: Short description
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