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Corporate History

The history of Trading & Investment Group of Samsung C&T Corporation represents history of Samsung Group.

1970’s Corporate History Details

1970’s From the first general trading company to the largest company in Korea

On May 19, 1975, Samsung C&T Corporation was declared the first general trading company in Korea. On that same year, the company solidified its position as an unmatched leader in the country’s trading sector by achieving export of USD 200 million.

  • Completed construction of 6 liquid chemical product storage tanks
    1979.06
    Completed construction of 6 liquid chemical product storage tanks
  • Exported 12 hospital vessel to Libya
    1978.08
    Exported 12 hospital vessel to Libya
  • Received US $ 500 Million Export Tower Award on the 14th National Export Day
    1977.11
    Received US $ 500 Million Export Tower Award on the 14th National Export Day
  • Relocated headquarters to Dongbang Life Insurance Building (present Samsung Building)
    1976.04
    Relocated headquarters to Dongbang Life Insurance Building (present Samsung Building)
  • Won contract for export of military uniforms to Saudi Arabia (101mil USD)
    1976.01
    Won contract for export of military uniforms to Saudi Arabia (101mil USD)
  • Designated as Korea’s 1st General Trading Company
    1975.05
    Designated as Korea’s 1st General Trading Company
  • Established Paris and Amsterdam offices
    1975.04
    Established Paris and Amsterdam offices
  • Signed contract for deferred payment export of 1,500 railway freight cars to New Zealand
    1975.03
    Signed contract for deferred payment export of 1,500 railway freight cars to New Zealand
  • Established Hongkong, LA, Tehran, and Indonesia offices
    1975.01
    Established Hongkong, LA, Tehran, and Indonesia offices
  • Established Frankfurt Office
    1972.11
    Established Frankfurt Office
1979
11 Received US $ 700 Million Export Tower Award on the 16th National Export Day
06 Won Columbian power tiller contract
06 Completed construction of 6 liquid chemical product storage tanks
1978
11 Received presidential honor award on the 15th National Export Day
08 Exported 12 hospital vessel to Libya
01 Participated in Ghana Development Project
1977
11 Received US $ 500 Million Export Tower Award on the 14th National Export Day
11 Established Dubai office
1976
11 Received US $ 300 Million Export Tower Award on the 13th National Export Day
09 Established Singapore office
06 Signed contract for deferred payment exports to Burma (24 mil USD)
04 Relocated headquarters to Dongbang Life Insurance Building (present Samsung Building)
01 Won contract for export of military uniforms to Saudi Arabia (101mil USD)
1975
12 Initial Public Offering
11 Received US $ 200 Million Export Tower Award on the 12th National Export Day
09 Established Samsung America Inc.
08 Established Samsung Japan Corporation and Samsung Deutschland
05 Changed company name from Samsung Moolsan to Samsung Co.,LTD
05 Designated as Korea’s 1st General Trading Company
04 Established Paris and Amsterdam offices
03 Signed contract for deferred payment export of 1,500 railway freight cars to New Zealand
03 Established Jakarta office
02 Established Panama and Sao Paulo offices
01 Established Hongkong, LA, Tehran, and Indonesia offices
1974
11 Awarded the presidential honor prize on the 11th National Export Day
1973
11 Awarded the presidential honor prize on the 10th National Export Day
03 Established London Office
1972
11 Established Frankfurt Office
11 Received presidential honor award on the 9th National Export Day