Harman Patil (Editor)

Kumho Asiana Group

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Hangul
  
금호아시아나그룹

Revised Romanization
  
Geumho Asiana Geurup

Founded
  
1946

Hanja
  
錦湖아시아나그룹

McCune–Reischauer
  
Kŭmho Asiana Kŭrup

Kumho Asiana Group logokorgwpcontentuploads201407KumhoAsiana

Subsidiaries
  
Asiana Airlines, Kumho Tire, Air Busan, Asiana IDT

2013 kumho asiana group pr movie vietnamese


Kumho Asiana Group is a large South Korean Chaebol (conglomerate), with subsidiaries in the automotive, industry, leisure, logistic, chemical and airline fields. The group is headquartered at the Kumho Asiana Main Tower in Sinmunno 1-ga, Jongno-gu, Seoul, South Korea. As of 2014 the largest shareholder is Park Sam Koo, the third son of the company's founder, who stepped down as CEO in 2010.

Contents

Kumho asiana group airlines


History

After World War II, Park In-chon (Korean:박인천, hanja:朴仁天, July 5, 1901 - June 16, 1984) began a taxi service, based out of Geumnamno in Seo-gu, Gwangju. By the 1950s, operations had expanded to include bus and coach services, operating as Gwangju Passenger Service (today, Kumho Buslines).

The company began vertical integration in 1960 with the establishment of Samyang Tire, today Kumho Tires. Facing a shortage of raw material, Kumho Synthetic Rubber (today Kumho Petrochemical) was established in 1971 . The group expanded considerably as the Korean economy boomed, adding subsidiary companies in construction, shipping and logistics, aviation, leisure, culture and entertainment, financial services, and information technology.

Surviving the 1997 Asian financial crisis in a position of strength, it acquired several companies from cash-strapped competitors in the 2000s, including Daewoo Engineering & Construction and Korea Express. These acquisitions were heavily indebted, leading to cash flow issues as the financial crisis of 2007–08 began to impact the economy. The group was forced to sell off assets and begin a debt workout program in late 2009 after an attempt to sell Daewoo E&C failed on the open market.

KT Kumho Rent A Car

KT Kumho Rent A Car Co., Ltd. (hangul:금호렌터카) is an automobile rental company headquartered in Jongno-gu, Seoul, South Korea. It was founded in May 1986. Formerly a subsidiary of Kumho Asiana Group, Kumho Rent A Car was acquired by KT Group in 2010.

KT Kumho Rent A Car has branch offices across Korea, including locations in Seoul, Incheon, Gyeonggi-do. It is one of the largest vehicle rental agencies in the world. KT Kumho Rent A Car's major competitors are Aju Avis and Jeju Rent A Car.

References

Kumho Asiana Group Wikipedia