ID :
55760
Thu, 04/16/2009 - 08:13
Auther :

Dongwon Group seeks 10 pct sales growth in 2009

SEOUL, April 16 (Yonhap) -- Dongwon Group, a South Korean food and fisheries conglomerate, said Thursday it will seek to increase groupwide sales by 10 percent this year by aggressively expanding into global markets.

Dongwon aims to post sales of 3.3 trillion won (US$2.5 billion) in 2009, compared
with 3 trillion won a year earlier, the group said in a statement.
"Dongwon will continue to reinforce its businesses worldwide and become the most
trusted company in each market," said Dongwon Chairman Kim Jae-chul in the
statement.
Last October, Dongwon acquired canned tuna unit Star-Kist from U.S. company Del
Monte Foods for about $300 million.
Meanwhile, Dongwon said it aims to post sales of 20 trillion won in 2020, as part
of its long-term vision.
(END)

X