Samsung C&T Corporation

Samsung C&T Corporation

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Last update: May 25, 2023 Last update: May 25, 2023
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Details

Legal residence:Egypt
Types:Engineering FirmEngineering Firm
Funding agencies:Other
Sectors:Civil EngineeringCivil Engineering
Nr. of employees:2-10
Sanctions:Check now
Status:Active

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About

Samsung C&T Corporation was founded in 1938 as the parent company of Samsung Group. In 1975, it was designated by the Korean government as the nation’s “first general trading company” to lead overseas sales operations. It merged with Samsung Construction in December 1995, and has since been engaged in various global businesses through offices in over 50 countries.

Samsung Everland was established in 1963 with the mission of assisting Korea’s national land development. Since then, it has evolved into a leader in Korea’s service industry by expanding its business scope to include resorts, food and beverage, and landscaping. In December 2013, Samsung Everland acquired the Fashion Group of Cheil Industries, a prominent industry player founded in 1954. Following the merger, it changed its name to Cheil Industries and has since focused on projects related to lifestyle design.

The merger of Samsung C&T and Cheil Industries in September 2015 combined their respective reputations as leaders in their industries. Now, Samsung C&T aims to become a global business partner and lifestyle innovator through the Engineering & Construction, Trading & Investment, Fashion and Resort Groups.

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