Tongyang Inc. (001525.KS) KSC

Currency In KRW

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Tongyang Inc.

Address

Samsung Life Yeouido Building

Seoul, SL

Korea (the Republic of)

Phone

82 2 6150 7000

Sector

Basic Materials

Industry

Construction Materials

Employees

454

First IPO Date

September 29, 2005

Key Executives

NameTitlePayYear Born
JungMin YooCEO & Director602MN/A
Jin-Hark JeongCEO & Director602M1960
JuHyung ParkExecutive Director0N/A
SoonTae YooExecutive Director0N/A
Hwang Bu-ikSenior Managing Director0N/A
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Description

Tongyang Inc., headquartered in Seoul, South Korea, and founded in 1955, operates as a diversified enterprise predominantly engaged in the construction industry. The company is a key player in manufacturing and distributing essential building materials, particularly ready-mixed concrete and aggregates. Its distribution network also supplies a wide array of other construction components, such as steel reinforcement, thermal insulation, tiles, sanitary wares, and plasterboards. Tongyang's comprehensive services encompass various construction projects, including the development of residential properties like apartments, high-end homes, and townhouses, as well as significant civil engineering works, such as establishing roads, harbors, and public facilities. Furthermore, the company undertakes the construction of commercial and residential buildings, including shopping complexes, and provides remodeling services for both commercial properties and private residences. A distinct area of its operations involves designing, supplying equipment for, constructing, and operating industrial plants, specifically for cement, power generation, ironworks, and chemical production. The company adopted its current name, Tongyang Inc., in March 2011, having previously been known as Tongyang Major Corporation.

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