History
2023
- The 300th of dream & Hope Study Room open
- Won the order for Sasang-Haeundae Expressway BTL Project
- Won the order for Seawater Desalination Project of Shuweighat phase 4 – GS Inima
- GS E&C R&D Center open
- Mr. Yoon Hong Huh is named 13th CEO of GS E&C
- Won the order for Indonesia HLI Green Power 2nd battery plant
2022
- 20 year anniversary of the Xi brand
- Exports 'Green Hydrogen Plant Module' to the United States, a Korean construction industry first
- Tanzania New Selander Bridge opened for traffic
- LG Art Center and LG Science Hall in Magok, Seoul completed
- Eco-friendly vests made of 100% recycled materials issued to all construction sites
- 'HEIMLAB', the total solution for apartment maintenance and improvement, launched
- XiGEIST unveils prefab concept house
2021
- Appointment of first female outside director and establishment of ESG Committee
- Declaration of introduction of Fair Trade Compliance Program (CP)
- Won the order for industrial waterworks (seawater desalination) project in Daesan Costal Industrial Zone
- Underground Seobu Urban Expressway opened
- Groundbreaking ceremony for rechargeable battery recycling plant of Enerma
- Won the order for North East Link private investment project in Australia
- GPC Eumseong Factory completion ceremony Underground Seobu Urban Expressway opened
2020
- Acquired Elements Europe Ltd., a British modular housing company.
- Acquired Danwood S.A., a Polish modular housing company.
- Won the ITTC order worth 550 billion won from LT in Singapore.
- Xi TV surpasses 20 thousand subscribers for the first in the construction industry.
- Opened the Seoul-Munsan Expressway.
- Won the order worth 2.33 trillion won for the Oman seawater desalination project.
2019
- Achieved KRW 1 trillion in operating profits' for the first time.
- Developed Sys Clein, South Korea's built-in air purifying and ventilating system.
- Opened the Doha Link in Kuwait
- Opened the Vam Cong Bridge in Vietnam
- Won the order for solar power plants in Zakarpattia, Ukraine.
- Participated in a USD 1.4 billion petrochemical plant project in Ceyhan, Turkey.
- Established a joint venture in India for a solar power plant project, ISTS-IV 300MW.
2018
- Making inroads into Indonesia's housing market - City Gate 88
- Order received for Tanzania New Selander Bridge Project
- The opening of the world's first Inclined Tower - Noryang Grand Bridge
- Order received for Numancia Waste Water Treatment Plant (Sagra Alta, Spain)
- ISO29990 certification obtained for the Safety Innovation School & Global Education
- Presidential visit to T301 site in Singapore (Korean President Moon Jae-in)
2017
- Received the order for Bangladesh Patuakhali (Payra) - Gopalganji 400kV Transmission Line
- Received the order for Ruwais Refinery West (RRW) Repair Project
- Signed a MOU for AI Platform Home IoT Service with KAKAO
- Received the order for Chile ATACAMA Seawater Treatment Plant (GS INIMA)
2016
- Wins the order for T301, Singapore at 1.98 billion SGD.
- Signs an MOU for Phase 11 & 14 of Natural Gas Field Development Project in South Pars, Iran.
- Safety Innovation School opens in Singapore.
- Wins the order for Morupule B Phase II coal-fired thermoelectric power plant in Botswana.
2015
- Listed on the DJSI (Dow Jones Sustainability Index) Asia-Pacific Index for 6 consecutive years.
- Named the 26th largest contractor out of top 250 global construction companies in 2015 by ENR magazine.
- Awarded a total champion of Singapore-based ASAC (Annual Safety Award Convention).
2014
- The company building moved to Gran Seoul, Cheongjin-dong, Jongno-gu, Seoul.
- Wins the order for Clean Fuels Project, Kuwait at 4.8 billion dollars (1.6 billion dollars for us)
- Wins the order for Karbala Project, Iraq at 6 billion dollars (2.3 billion dollars for us)
2013
- Mr. Byeongyong Lim is named 12th CEO of GS E&C
- Received the order for KLPE Project, Kazakhstan at 3.7 billion dollars (1.4 billion dollars for us)
- GS INIMA received PIA (Project Innovation Award) from IWA (International Water Association) - Energy Saving Technology using a hydrostatic pressure of desalination
- Contracted a MOU for sewage treatment facility project of Youngbo City, Hanam Province, China
2012
- Vision 2020 announced
- GS E&C launchers the small-sized apartment brand 'Xi-Ella'
- GS E&C takes over Spain's Inima
- Admitted into the Dow Jones Sustainability Index 3 years in a row & named the global leader in the constrution & material supersector
- Voted the Most Reliable Corporation 4 years in a row
- Awarded the Grand Prize of Construction field in the BIM(Building Information Modeling) Awards 2012
2011
- Voted the Most Reliable Corporation 3 years in a row
- Admitted into the Dow Jones Sustainability Index, 2years in a row
- Awarded the first issue prize of the 2011 Korea Sustainability Contest of the Korea Reader's Choice Award
2010
- Admitted into Dow Jones Sustainability Index
- Announcement of core values for the creation of a new organization culture
- Selected as the Most Reliable Company 2years in a row
- Selected as the world's 36th largest constructor by ENR, a global construction weekly based in Europe.
2009
- 2009 Banpo Xi awarded the Ideal Liveable Apartment during the 13th Presidential Awards
- 2009 Awarded the Grand Prize for Customer Satisfaction Management during the Global Management Convention
- 2009 Awarded the Grand Prize for the Private Sector during the Korean Architecture Awards
- Received the 2009' Most Reliable Korean Corporation Award' hosted by the Korea CEO Association
2008
- Ground-breaking ceremony for the TBO road in Vietnam
- Xi Magazine awarded the First Brand Grand Prize, 3 years in a row
2007
- Named 31st largest construction company among 225 companies by ENR magazine.
- Awarded the “Golden Tower Award” during the 41st Taxpayer Day Ceremonies.
- Earns credit ratings from Moody’s and S&P.
2006
- Named 31st largest construction company among 225 companies by ENR magazine.
- Awarded the Korean Corporate Finance Innovation Award during the Korean CFO Awards.
- Earns CMMI level 4, in the field of corporate IT. The First for the construction industry.
2005
- Corporate name changed to “GS Engineering & Construction Corp.”
- Xi apartments comes in first in the Korean Service Quality Index
- Awarded the “Silver Tower Award” for the restoration of the Chonggyechon
- Awarded the grand prize during the “1st Korean Civil Engineering and Architecture Awards.”
2004
- Awarded the “2004 Environmental Management Award”
- Awarded “Best Corporate Management Structure” by the Korea Stock Exchange
- ‘Xi’ awarded the No.1 brand in the 2004 consumer Well Being Awards
2003
- Vision 2010 announced
- Total market value reaches 1trillion won
- Enters the nuclear powerplant business by being awarded construction of the “Shinwolsung Nuclear Powerplant No.1 and 2.
- Enactment of “Corporate Management Structure Oath”
2002
- Mr. Chang Soo Hur named Chairman
- Mr. Kab Ryul Kim is named 10th CEO of LG E&C
- Awarded “Best Environmental Preservation Award” during the “1st Korea Remodeling Awards.”
- Awarded the Presidential Award during “Housing & Construction Day.”
- The Korea Strategic Culture Center awarded the ‘Seoul Metropolitan City Architecture Award”
- Awarded “Best Corporate Management Structure” by the Korea Stock Exchange.
- LG E&C launchers the new apartment brand ‘Xi’
2001
- Selected as the Best Corporation in Management Structure by the Korean Stock Exchange.
- Apartment awarded the “Hit Product of the Second Half” by Daehan Daily.
- Awarded the best prize for corporate PR during the Worldwide Advertisement Awards.
2000
- “BIO-NET” sewage treatment method designated new technology by the Ministry of Construction and Transport.
- Seohae Grand Beidge awarded the Presidential Citation
1999
- Moved the company building to Business Portfolio LG Construction and LG Engineering merges to become LG Engineering and Construction Corp- Awarded the “Best IPO Prize” by the Korea Stock Exchange.
1998
- Min Soo-Ki is named the 9th CEO.
- “Koryo Forimer Bldg.” awarded the “98 Korea Architecture Awards.”
- LG-HP SUNFLOWER INTERNATIONAL VILLAGE awarded the Vietnam Haiphong People Committee Award.
- Named one of the top 30 corporations in the ‘2nd Corporate Information Literacy Awards’ sponsored by the ministry of information and Communication
1997
- “LG Chemical Daeduck institution building” is awarded a grand prize of “Korea Construction Culture.”
- Awarded six awards during the “97 Construction Management Awards” held by the Korea Management Association.
1996
- Declaration of “Leap 2005”
- “Suwon LG Village” selected “Hit Product of the First Half of “96” by Seoul Shinmun
- Accredited ISO 14001 for environmental management system
1995
- Company name changed to LG Construction
- Declared start of “Creation of new construction culture.”
- Creates Supervision Team, the first for the industry.)
1994
- Accredited ISO 98001 for international quality management
- Gains KT(Korean new technology) Mark for “Korean Small/Mid Sized City Waste Incineration System.”
- Sins MOU with China Construction Corp.
1993
- Accredited in construction of nuclear power plant by ASME(American Society of Mechanical Engineers)
- Lucky Thai Engineering & Construction Co., Ltd. established.
1992
- Gains patent for mobile partition device for construction of variable walls.
- Selected as No. 1 among 30 construction companies in the field of disaster prevention
1991
- Gains construction license in Japan
- Awarded best taxpayer during the “91st Tax Day”
1990
- Participation in the Soviet Union Development Project
- Establishment of the Construction Technology Research Center
1989
- Lucky Development Saipan Inc. established
- Vision for the 21st century, “No. 1 developer” “International Contractor” unveiled.
1988
- Start of construction of the Luck Goldstar North America Headquarters
- Completion of the Iman University Sports Center
- Company moves to Yeokjeon Building
1987
- Completion of the Lucky Goldstar Twin Tower
1986
- Completion of the Lucky Dongrae Apartment
1984
- Lucky Development International Inc.(U.S.) established
1983
- Joint venture company Lucky Development (Arabia) Ltd, established
1981
- Becomes a public company.
1979
- Merged with Lucky Overseas Construction Corp
- Designated as Housing Contractor by the Ministry of Construction
1977
- Established Lucky International Construction Co.
1975
- Company name changed to Lucky Development Co.
1969
- Lackhee Development Co. (LDC) incorporated as the construction arm of Lucky-Goldstar Group.