One of the former heads of Daewoo Shipbuilding & Marine Engineering (DSME), Nam Sang-tae, has been charged with…
Tag: Daewoo shipbuilding
Daewoo Shipbuilding ups self-rescue measures
Driven by the decrease in new shipbuilding orders, the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering…
Court jails former Daewoo Shipbuilding CEO 10 years for accounting fraud
Ko Jae-ho, the former head of the ailing South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering…
Daewoo Shipbuilding signs deal with Iran
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) and Industrial Development and Renovation Organization of Iran…
Deloitte indicted over false reports on Daewoo Shipbuilding
Prosecutors on Tuesday said they have indicted a local accounting firm, Deloitte Anjin, and its employees…
Daewoo Shipbuilding to cut 22% of workforce in another restructuring plan
South Korea’s Daewoo Shipbuilding & Marine Engineering Co. has launched another downsizing program ahead of additional…
Ailing Daewoo Shipbuilding to get $2.4bn from creditors
Creditors of the financially-troubled Daewoo Shipbuilding & Marine Engineering (DSME) plan to financially support the South…
Deloitte executive arrested in Korea over Daewoo Shipbuilding fraud
A Deloitte Anjin executive was detained Wednesday on charges of deliberately ignoring a multibillion dollar accounting…
Daewoo Shipbuilding to cut workforce by 24% amid mounting losses
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, plans to eliminate 3,000 jobs, or…
Ailing shipbuilder DSME posts worse-than-expected loss
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, posted a bigger-than-estimated loss for the…
Prosecutors indict former Daewoo Shipbuilding CEO for fraud
The former Chief Executive Officer of Daewoo Shipbuilding & Marine Engineering (DSME), Ko Jae-ho, has been…
Auditors expose USD1.28bn accounting fraud at Daewoo shipbuilding
An accounting probe launched into the financials of the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co.…