GS Group is a South Korean conglomerate. GS comprises GS Holdings, subsidiaries & affiliates including GS Caltex, GS Retail, GS Shop, GS EPS, GS Global, GS Sports and GS E&C among others. The asset size is 65.4 trillion KRW at the end of 2019 placing GS as the 8th largest

chaebol A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exc ...

in Korea excluding the public business companies. GS Holdings was incorporated in July 2004 and officially split from

LG Group LG Corporation (or LG Group) (), formerly Lucky-Goldstar from 1983 to 1995 (Korean: ''Leokki Geumseong''; ), is a South Korean multinational conglomerate founded by Koo In-hwoi and managed by successive generations of his family. It is ...

in January 2005, with the Koo family gaining full control over LG Group and the Huh family creating GS Holdings. In December 2005, the company acquired 70% of the shares of GS EPS Co., Ltd. (formerly LG Energy Co., Ltd.) from GS E&C Corporation and LG International Corp. The Koo family retained control of the LG Group while the Huh family formed GS Holdings. Convenience stores and other retail companies which formerly operated under the LG logo were rebranded as "GS", which, like "LG", comes from the old name, ' Lucky-Goldstar'.

Affiliates

The subsidiaries of GS Holdings are as follows: Energy and Power * GS Energy * GS Caltex * GS EPS * GS E&R Retail and service * GS Retail **

GS25 GS25 () is a South Korean chain of convenience stores operated and owned by GS Retail, a subsidiary company of the GS Group. The headquarters of the company are located at the GS Tower in Gangnam-gu, Seoul. As of June 9, 2020, GS25 operates 13,899 ...

* GS Sports ** FC Seoul **

GS Caltex Seoul KIXX GS Caltex Seoul KIXX is a South Korean women's volleyball team. The team is based in Seoul and plays in the V-League. It is currently owned by GS Sports and the main sponsor is GS Caltex, a subsidiary of GS Group. The club was founded in 1970 as ...

Construction and infrastructure *

GS Engineering & Construction GS Group is a South Korean conglomerate. GS comprises GS Holdings, subsidiaries & affiliates including GS Caltex, GS Retail, GS Shop, GS EPS, GS Global, GS Sports and GS E&C among others. The asset size is 65.4 trillion KRW at the end of 2019 ...

* GS Global

GS E&C

GS Engineering & Construction Corporation is a Korea-based global EPC contractor having wide range of experience in refineries, gas and

petrochemical Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sou ...

plants providing design and construction services. It has been engaged in the fields of architecture, civil engineering, building materials, housing, plant, environment, and power plant across the globe. It operates through Civil Works, Architectural Construction & Housing, Plant Construction, Power, Hotel, and other segments. The company has been working as an engineering-procurement-construction contractor working in the fields of oil, gas, and petrochemical projects; designs and environmental facilities (sewage system maintenance, and sewage and wastewater treatment; building industrial

incineration Incineration is a waste treatment process that involves the combustion of substances contained in waste materials. Industrial plants for waste incineration are commonly referred to as waste-to-energy facilities. Incineration and other high ...

facilities). It provides a solution for providing EPC and commissioning of thermal and

combined cycle power plant A combined cycle power plant is an assembly of heat engines that work in tandem from the same source of heat, converting it into mechanical energy. On land, when used to make electricity the most common type is called a combined cycle gas turb ...

projects; and combined heat power and district heating plants, as well as nuclear power projects.http://www.gsconst.co.kr/en/ GS E&C Business

References

External links

* {{Authority control Chaebol Companies of South Korea South Korean brands Conglomerate companies established in 2005 Companies listed on the Korea Exchange Companies based in Seoul Multinational companies headquartered in South Korea