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Hanwha's succession plan picks up pace

Hanwha Group, Korea’s seventh-largest conglomerate by total assets, is poised to solidify its plan for succession, which will move from the current chairman to his three sons, as the company has taken a clearer stance on who will take charge of each business. According to the conglomerate, Hanwha Group Chairman Kim Seung-youn visited the headquarters of Hanwha Robotics in Pangyo, Gyeonggi Province, on Friday, . ....

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Hanwha accelerates three-way split among chairman's sons

Hanwha accelerates three-way split among chairman's sons
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Hanwha Aerospace conducts spinoff to focus on defense industry

Hanwha Aerospace, the defense arm of South Korea’s seventh-largest conglomerate Hanwha Group, said Friday it will segregate its non-military businesses into a newly established corporation, aiming to focus on its defense business operations. According to Hanwha Aerospace’s announcement Friday, Hanwha Aerospace will spin off a new entity, tentatively named Hanwha Industrial Solutions. This new corporation . ....

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Hanwha Aerospace to Focus on Defense Business after Spinoff

Hanwha Aerospace to Focus on Defense Business after Spinoff
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