Wednesday 19 September 2018
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3 months ago

Hyundai, other South Korean firms eye NK opportunity

SEOUL -- The possibility of North Korea opening up is something not just Hyundai Group is preparing for, with other South Korean conglomerates like Lotte, Hyosung and Posco also anchoring hopes on making inroads into the uncharted market in advance. Retail giant Lotte has been aggressive in forming a task force to study the North Korean market and neighboring countries Russia and China. Communication head Oh Seong-yeop is leading the team to conduct feasibility studies on promoting the tourism industr

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