GS Global acquired a chemical machinery and power generator producing
company, DKT, as part of its plan to secure future growth engines. By advancing into themanufacturing industry, GS Global has obtained a stable business portfolio that exceeds
beyond the former boundaries of general trading company.
Current GS Global CEO, Taik–Keun, Jung, constantly enhances the company
management system by introducing ERP system, reinforcing organization’s capabilities and
recreating the corporate culture of GS Global.
GS Global opened Korea’s first and biggest PDI center for imported cars in Incheon
as part of the business diversification plan. The PDI center was later relocated to Pyeongtaek in 2011.
In 2008, GS Global newly expanded into Leisure Sports business by dealing various types of bicycles.
In addition to 100 Million Dollar Export Tower Prize 1975 and 1 Billion Dollar Export Tower Prize in 1982, GS Global was awarded with 2 Billion Dollar Export Tower Prize in 1991.
As a general trading company, GS Global not only strived in exports, but also
began to develop foreign natural resources in full-fledge. The company is stably sourcing coal
from China, Indonesia, Russia and Australia to domestic customers.
GS Global Japan Corporation executed equipment investments to construct cement
distribution network base in Japan. Consequently, GS Global possesses 4 cement silos in
Japan, supplying high-quality cement to Japanese customers.
Recognizing the potentials of Chinese markets since 1980s, GS Global initiated
indirect trading with China via GS Global Hong Kong Corporation.
The Company established Beijing Office (1991), Guangzhou Office (1993), Shanghai Office (1993)
and Dalian Office (1993), solidifying its position as a pioneering company in opening
Chinese markets. In particular, Beijing and Shanghai offices each accomplished exports over
$100 million dollar since first five years of its establishments.
GS Global was designated as Korea’s 2nd General Trading Company, and played an significant role in developing the national economy.
GS Global was awarded Gold Tower Order of Industrial Service Merit in Nov
In 1964, GS Global opened Tokyo Office in Japan as its first overseas office.
The company consecutively opened its international offices in New York and Jakarta,
expanding its foreign network.
The Tokyo and New York Offices were converted to GS Global
Japan Corporation (1977) and GS Global U.S.A. Inc.(1973).
In 1954, Kumsung Industry Corporation was established as a professional import and export
company. The company was located at 63, 2-ga, Jeo-dong, Jung-gu, Seoul, Korea.