Samsung C&T Corporation ("Construction & Trading Corporation"; formerly Samsung Corporation;

Korean Korean may refer to: People and culture * Koreans, ethnic group originating in the Korean Peninsula * Korean cuisine * Korean culture * Korean language **Korean alphabet, known as Hangul or Chosŏn'gŭl **Korean dialects and the Jeju language ** ...

: 삼성물산), is a South Korean construction and engineering company. It was founded in 1938 as the first

Samsung The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ...

company and was initially involved in construction and overseas trading operations. Since 1995, it has largely focused on global engineering and construction projects, trade and investments, fashion and real estate. The corporation is governed by an 11-member Board of Directors, made up of the President and CEOs of its four working groups (Engineering & Construction, Trading & Investment, Fashion, and Resort), the corporation's CFO, and six independent members. Samsung C&T employs over 17,000 people. The firm is often regarded as the holding company of Samsung ''chaebol'' as it is a major shareholder of various Samsung affiliates.

History

In 1975, Samsung C&T was designated by the Korean government as the first general trading company to lead overseas sales operations. After the company merged with Samsung Construction in December 1995, Samsung C&T began engaging in global business with offices in more than 50 countries. In September 2015, Samsung C&T merged with

Cheil Industries Cheil Industries was an affiliate of the Samsung Group. Since its establishment in 1954, Cheil Industries has been a Korean textile firm. Thereafter, from the 1980s, the company expanded its business areas into fashion, chemicals and electroni ...

, a Korean textile firm prominent in the fashion industry that was originally acquired by

Samsung Everland Samsung C&T Corporation ("Construction & Trading Corporation"; formerly Samsung Corporation; Korean language, Korean: 삼성물산), is a South Korea, South Korean construction and engineering company. It was founded in 1938 as the first Samsung ...

in December 2013. The resulting Samsung C&T focuses on fashion, food, housing, leisure, and bio businesses with its Engineering & Construction, Trading & Investment, Fashion and Resort & Construction Groups. The merger has established a third pillar for the Samsung Group, adding to its electronics and financial services.

Engineering & Construction Group

Samsung C&T Engineering & Construction Group specializes in engineering, procurement, and construction.

Building projects

Engineering & Construction Group of Samsung C&T is best known for its role in skyscraper projects, including the 828-meter Burj Khalifa in

Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...

, the

Petronas Towers The Petronas Towers, also known as the Petronas Twin Towers or KLCC Twin Towers, ( Malay: ''Menara Berkembar Petronas'') are 88-storey supertall skyscrapers in Kuala Lumpur, Malaysia, standing at . From 1998 to 2003, they were officially desig ...

and PNB 118 in

Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...

, and the Saudi Stock Exchange

Tadawul Saudi Stock Exchange () or Tadāwul () is a stock exchange in Saudi Arabia. Tadāwul was formed in 2007 as a joint stock company and the sole entity authorized to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an inf ...

Tower in

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...

. The group is also known for building the

Cleveland Clinic Cleveland Clinic is a nonprofit American academic medical center based in Cleveland, Ohio. Owned and operated by the Cleveland Clinic Foundation, an Ohio nonprofit corporation established in 1921, it runs a 170-acre (69 ha) campus in Cleveland, ...

in Abu Dhabi, as well as Korea's

Incheon International Airport Incheon International Airport (IIA; ) (sometimes referred to as Seoul–Incheon International Airport) is the largest airport in South Korea. It is the primary airport serving the Seoul Capital Area and one of the largest and busiest airports ...

,. Giheung Semiconductor Complex, and Raemian Apartment Complexes. The construction of the third terminal of

Shahjalal International Airport Hazrat Shahjalal International Airport ( bn, হযরত শাহ্‌জালাল আন্তর্জাতিক বিমানবন্দর, Romanized: ''Hôzrôt Shahjalal Antôrjatik Bimanbôndôr'') ( formerly VGZR) is th ...

of Dhaka will be done by ''Aviation Dhaka Consortium (ADC)'' consisting

Mitsubishi Corporation is Japan's largest trading company (sogo shosha) and a member of the Mitsubishi keiretsu. As of 2022, Mitsubishi Corporation employs over 80,000 people and has ten business segments, including finance, banking, energy, machinery, chemical ...

, Fujita Corporation and the Samsung C&T.

Civil projects

Civil projects by Samsung C&T's Civil Infrastructure Business Unit include construction of roads, bridges, tunnels, ports, subways, and dams. Some of its most notable projects include the

Mersey Gateway The Mersey Gateway Bridge is a toll bridge between Runcorn and Widnes in Cheshire, England, which spans the River Mersey and the Manchester Ship Canal. The crossing, which opened in October 2017, has three traffic lanes in each direction and is ...

in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...

, the Riyadh Metro in

, and the Busan Newport in

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korean Peninsula and sharing a land border with North Korea. Its western border is formed by the Yellow Sea, while its eas ...

Power plants

Samsung C&T's Plant Business Unit has been involved in the construction of modern power plants—both conventional and nuclear. Its past projects include the

UAE The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...

Nuclear Power Complex and Emal Power Plant, as well as the LNG Terminal in

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bor ...

Trading & Investment Group

Samsung C&T's Trading & Investment Group focuses on trading industrial commodities such as chemicals, steel, and natural resources, and organizes projects such as Samsung Renewable Energy (a wind/solar power cluster), the Balkhash Thermal Power Plant,

Fashion Group

In the early years, Fashion Group, formerly Cheil Industries, mainly focused on suit and casual wear with its clothing brands Galaxy and Beanpole. Besides, there was a sportswear brand, Rapido. Fashion Group diversified Beanpole into different lines of children's clothing, outdoor clothing, and accessories. It has also launched new brands in womenswear (KUHO/LeBeige) and in fast fashion (8 Seconds). The Group has been accelerating its entry into the global market, starting with the promotion of the brand Juun.J, which has presented menswear collections at

Paris Fashion Week Paris Fashion Week (french: Semaine de la mode de Paris) is a series of designer presentations held semiannually in Paris, France with spring/summer and autumn/winter events held each year. Dates are determined by the French Fashion Federation. ...

since 2007. Fashion Group also participates in the development of Korean fashion industry through R&D investment, sponsorship, and fund-raising events. It operates Samsung Fashion Institute and Samsung Design Net, which is a channel to the latest industry news, trend insights, market reports, and research database. In order to support aspiring designers, Fashion Group runs Samsung Fashion Design Fund (SFDF) which selects designers annually.

Resort Group

Founded in 1963, the Resort & Construction Group has expanded its business scope from land development to resort, golf, food and beverage, energy and landscaping, and construction. The Group's

Everland Resort Everland Resort () is a theme park and vacation resort located in Yongin, Gyeonggi-do, South Korea. It is owned and operated by Samsung Everland. The resort opened in April, 1976, as a single theme park (Everland), but developed into a resort wit ...

and high-end golf courses, such as Anyang Country Club and Gapyeong Benest, have been awarded the Innovative Operation for Customer Satisfaction and also received the top enterprise award in the theme park sector by the Korea Standard Association. After fifty years, the Resort Group's value chain extends from construction and energy to landscaping projects. Samsung Welstory, which has grown to become the largest catering service company in Korea since the service began in 1982, has operated as a separate entity since 2013.