GS Group is a South Korean

conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** ...

. 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 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 ...

Affiliates

The subsidiaries of GS Holdings are as follows: Energy and Power * GS Energy *

GS Caltex GS Caltex Corporation () is a South Korean oil refiner jointly owned by Chevron and GS Group. The company was founded in May 1967 as the first private oil company in Korea. The company changed its name from LG-Caltex Oil Corporation to GS Calte ...

* 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 13,89 ...

* GS Sports **

FC Seoul FC Seoul ( ko, FC 서울) is a South Korean professional football club based in Seoul that competes in the K League 1, the top flight of South Korean football. The club is owned by GS Sports, a subsidiary of GS Group. They play their home game ...

** GS Caltex Seoul KIXX Construction and infrastructure * GS Engineering & Construction * 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 renewabl ...

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 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