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Yonhap Infomax Newsinfomaxkorea
2026-02-12

NICE Investors Service downgraded Daewoo E&C's credit outlook to negative after the builder posted a 1.1 trillion won Q4 loss, citing weakened financial stability and rising debt.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-02-11

Seoul’s Seongsu District 4 redevelopment project faces renewed uncertainty as the union’s decision to reopen bidding triggers procedural disputes between Daewoo E&C and Lotte E&C, highlighting growing tensions in South Korea’s urban renewal sector.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-02-10

Daewoo E&C posted a surprise Q4 operating loss of over 1 trillion won as sluggish apartment move-ins and delayed final payments highlight deepening risks in South Korea’s real estate market.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-02-10

The Seongsu District 4 Redevelopment Association in Seoul has decided to reopen its construction bidding process, prompting Daewoo E&C to protest the move as a violation of legal procedures after its bid was rejected for lacking detailed design documents.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-02-10

Daewoo E&C and Lotte E&C are competing for the Seongsu District 4 redevelopment project in Seoul, with Daewoo proposing cost-saving measures and favorable financing terms to reduce union members’ burden, while Lotte plans to introduce its high-end ‘Le El’ brand.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-01-23

Daewoo E&C CEO Kim Bo-hyun visited the Seongsu District 4 redevelopment site, pledging to create a landmark residential complex along the Han River and urging employees to submit the most competitive bid terms ahead of the February 9 deadline.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-01-16

Daewoo E&C leads a consortium bidding for South Korea's largest-ever civil engineering project, the 10.7 trillion won Gadukdo New Airport, with Hanwha joining and Lotte considering participation as the tender process unfolds.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-01-15

Daewoo Engineering & Construction has partnered with US-based Meier Architects to design Seongsu District 4, aiming to create a high-end residential hub leveraging the area's urban and locational strengths.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-01-13

Daewoo E&C has formed a consortium with Hanwha and Lotte to bid for the Gadeokdo New Airport project, stepping in after Hyundai E&C's withdrawal; the government has extended the construction period to 106 months, with contractor selection expected in August.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-16

Daewoo Engineering & Construction faces a two-month suspension of its civil engineering and construction business, impacting over 70% of annual revenue, after a 2018 site collapse; the company plans legal action to contest the order.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-15

Daewoo E&C CEO Kim Bo-hyun visited Turkmenistan to discuss expanding business, following the company's recent entry with a major fertilizer plant project and ongoing efforts to strengthen partnerships in the region.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-11

Daewoo Engineering & Construction Co. has won a 461 billion won ($353 million) contract from Korea Land & Housing Corporation to build public housing in Gwangmyeong-Siheung, marking a significant addition to its project portfolio.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-11-11

South Korea’s top construction firms are accelerating year-end personnel and organizational reshuffles, with Hyundai E&C, Daewoo E&C, and SK ecoplant focusing on new business areas such as nuclear power, renewables, and overseas expansion to drive future growth and differentiation.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-11-10

Daewoo Engineering & Construction Co. has secured a 198.2 billion won ($145 million) contract to build the Mapo Prugio Central Royal residential complex in Seoul’s Jung-dong, featuring 543 units across six towers near Digital Media City Station.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-11-07

Daewoo Engineering & Construction restructures its organization, placing the nuclear power business under direct CEO oversight and expanding smart construction and safety management to drive future growth.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-11-04

Daewoo Engineering & Construction Co., Ltd. has secured a 370 billion won ($270 million) contract to lead the Dangsan-dong Yuwon Jeil 2nd redevelopment in Seoul, featuring 703 high-rise apartments and premium Han River views.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-10-31

Daewoo Engineering & Construction posted weaker-than-expected Q3 results amid industry headwinds, but strong overseas order growth and a robust backlog signal potential for recovery.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-10-20

Daewoo Engineering & Construction is projected to report a 70% surge in Q3 operating profit, driven by lower housing costs, despite a revenue decline.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-10-15

Daewoo E&C is gaining global attention as a leading LNG plant builder, leveraging its unique track record and recent major contracts amid rising global LNG demand.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-09-29

Daewoo Engineering & Construction Co. secures a 355.6 billion won ($263 million) contract for Seoul's Cheongpa District 1 redevelopment, expanding its 2025 project portfolio.

en.infomaxai.com/news/articleV

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