Aju Group () is a large
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...
n ''
chaebol'' (conglomerate), offering
chemical
A chemical substance is a form of matter having constant chemical composition and characteristic properties. Some references add that chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., wit ...
, industry,
logistic,
financial,
hotel
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a ref ...
and
rental
Renting, also known as hiring or letting, is an agreement where a payment is made for the temporary use of a good, service or property owned by another. A gross lease is when the tenant pays a flat rental amount and the landlord pays for ...
products.
History
Aju group started as Aju industries(아주산업) in 1960 as a construction which mainly did business on construction materials.
In the 1960s, Aju helped replace wooden
utility pole
A utility pole is a column or post typically made out of wood used to support overhead power lines and various other public utilities, such as electrical cable, fiber optic cable, and related equipment such as transformers and street lights. It c ...
s to concrete ones as part of the government's the "rural distribution of electricity" project.
Starting from the 1970s they begin to sell
hume pipes.
In the 1980s, the company opened
Ready-mix concrete
Ready-mix concrete (RMC) is concrete that is manufactured in a batch plant, according to each specific job requirement, then delivered to the job site "ready to use".
There are two types with the first being the barrel truck or in–trans ...
factories in
Mangu-dong.
See also
*
Economy of South Korea
The economy of South Korea is a Developed country, highly developed mixed economy. By nominal GDP, it has the List of countries by GDP (nominal), 5th largest economy in Asia and the List of countries by GDP (nominal), 13th largest in the worl ...
References
External links
Aju Group Homepage
Chaebol
Conglomerate companies of South Korea
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