GS Engineering & Construction Corp - Company Profile
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Business Description
GS Engineering & Construction Corp (GS E&C) is a heavy construction contractor. The company provides design, engineering and construction, reconstruction and redevelopment, procurement and subcontract management, and finance services. It carries out projects such as infrastructure, commercial, industrial, plant, factories, retail, residential, architecture, power, and energy.
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R&D Overview
The company’s R&D focuses on technologies to differentiate and improve productivity in major businesses and develops core technologies through future businesses, strengthens competitiveness and increases productivity and work efficiency by supporting digital-based technology. In 2022, GS E&C launched the Research Institute for Future Technology (RIF Tech) to emphasize the company-wide development of eco-friendly technology for decarbonization, which is an axis of change across the industry. In FY2022, the company reported R&D expenditure of KRW23.4 billion, compared to KRW34 billion in FY2021.
Business Segments
Overview
Provides engineering, construction and redevelopment service for residencies, offices, and factories projects to public and private clients. Executes projects such as residential facilities, offices, schools and hospitals, sports facilities, factories and retail projects. Also executes apartment business under Xi brand.
Performance
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Overview
Carries out development and operation of renewable energy and electric power production facilities and the transmission and distribution of produced electric power. Key projects include Jungnang Sewage Treatment Center, the reuse of sewage treatment water in Gumi City and the Imhae industrial area water supply.
Performance
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Overview
Provides civil engineering, construction, development services for various projects such as roads, railways, airports, metro, water reservoirs, port facilities, tunnels, industrial parks and underground storage facilities.
Performance
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Overview
Includes modular (prefab) housing, recycling of secondary batteries, smart fish farming and other related businesses.
Performance
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Overview
Carries out foundation, design, procurement, and installation of various facilities such as gas, petrochemical, refineries, and waste and water treatment plants. Also provides feasibility studies, plant maintenance and repair services.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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