Skip to menu Skip to content
About Us
HOME > About Us > Corporate History

Corporate History

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

1980s Corporate History Details

1980s Top-performing company in Korea

Despite global economic recession, Samsung C&T achieved annual average export growth rate of 31 percent from 1980 to 1985.

  • 1989.03
    Became first Korean company to establish an office in Moscow
  • 50th foundation anniversary
    1988.03
    50th foundation anniversary
  • Achieved USD 1 billion exports in fiber & light industry products
    1987.10
    Achieved USD 1 billion exports in fiber & light industry products
  • Won order to supply railway vehicles to Nigeria ( 65 mil USD)
    1987.03
    Won order to supply railway vehicles to Nigeria ( 65 mil USD)
  • 1987.03
    Signing ceremony for establishment of joint-venture trading company with Kazakhstan
  • 1984.03
    First SFOTS (Samsung Foundation for Overseas Technical Scolarship) graduation ceremony for Malaysian trainees
  • Signed partnership with 'Gwui-sung' army brigae
    1983.10
    Signed partnership with 'Gwui-sung' army brigae
  • Received Gold Tower Order of Industrial Service Merit Award on the 17th National Tax Day
    1983.03
    Received Gold Tower Order of Industrial Service Merit Award on the 17th National Tax Day
  • Won USD 2 billion Export Tower Award on the 19th National Export Day
    1982.11
    Won USD 2 billion Export Tower Award on the 19th National Export Day
  • Won order for oil storage plant in Libya (75 mil USD)
    1981.07
    Won order for oil storage plant in Libya (75 mil USD)
1989
08 Introduced export insurance system
05 Established P.T. STARNESIA GARMENT
03 Became first Korean company to establish an office in Moscow
1988
12 Heavy Chemicals Group achieves USD 1 billion exports
12 Became first Korean company to acquire government permission to import 1,000 tons of frozen pollck from North Korea.
12 Won order for Indonesia EO/EG project ( 70 mil USD)
12 Achieved USD 1 billion imports
11 Became first Korean company to achieve USD 5 billion in exports (Received Presidential Honor Award)
08 Spinning plant export to Indonesia (31 mil USD)
03 50th foundation anniversary
01 EDCF-based export of railway vehicles to Nigeria (25 mil USD)
1987
10 Achieved USD 1 billion exports in fiber & light industry products
03 Won order to supply railway vehicles to Nigeria ( 65 mil USD)
03 Signing ceremony for establishment of joint-venture trading company with Kazakhstan
01 Won order to supply 6 crude oil tankers to Kuwait National Oil Company ( 140 mil USD)
1986
12 Won order to supply vessels (30,000 ton-class) to Malaysia (88 mil USD)
11 Held the 1st SAMSUNG-NISSHOIWAI meeting
1985
04 Began company-wide use of the Forward Exchange System
1984
06 Won order for 8 piping facilities for refinery in Kuwait (20 mil USD)
03 First SFOTS (Samsung Foundation for Overseas Technical Scolarship) graduation ceremony for Malaysian trainees
01 Won order to supply 8 drilling and supply ships to Indian National Oil & Gas Company (35 mil USD)
1983
10 Signed partnership with 'Gwui-sung' army brigae
08 Won order for 8 oil storage tanks in Kuwait (27 mil USD)
03 Received Gold Tower Order of Industrial Service Merit Award on the 17th National Tax Day
1982
11 Won USD 2 billion Export Tower Award on the 19th National Export Day
05 Won contract for construction of refinery plant in Libya (50 mil USD)
03 Became first Korean company to issue CPs (25 mil USD) in the US
02 Established Taipei office
1981
12 Received USD 1.5 billion Export Tower Award on the 18th National Export Day
07 Won order for oil storage plant in Libya (75 mil USD)
1980
12 Awarded USD 1 billion Export Tower prize on the 17th National Export Day
top