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Hahn & Co shakes up Namyang Dairy's board to cement control

Private equity company Hahn & Co has taken over the boardroom of Namyang Dairy Products to put an end to 60-year family ownership of the dairy firm. During the regular shareholders meeting held at Namyang’s headquarters in southern Seoul on Friday, officials from Hahn & Co were appointed as inside directors, while Lee Myung-Chul, chair of Institut Pasteur Korea, was appointed as an outside director. Pre...
South Korea Cholla Namdo Lee Myung Chul Hahn Co Namyang Dairy Products Institut Pasteur Korea

[KH Explains] What's behind unusual popularity of imported milk in Korea?

Imported pasteurized milk has been enjoying unexpected popularity in Korea recently, with the import volume more than tripling over the past three years alone. According to the Korea Customs Service, imports of pasteurized milk totaled 3.74 metric tons in 2023, a more than threefold increase from 2020. Consumers have shown mixed opinions about the taste and nutritional benefits of the imported products, but many say ...
Kyonggi Do South Korea Soult Ukpyolsi Kyongsang Bukto Cholla Namdo Baekseok Culture University

[KH Explains] What's behind unusual popularity of imported milk?

Imported pasteurized milk has been enjoying unexpected popularity in Korea recently, with the import volume more than tripling over the past three years alone. According to the Korea Customs Service, imports of pasteurized milk totaled 3.74 metric tons in 2023, a more than threefold increase from 2020. Consumers have shown mixed opinions about the taste and nutritional benefits of the imported products, but many say ...
Cholla Namdo South Korea Kyonggi Do Soult Ukpyolsi Kyongsang Bukto Ministry Of Agriculture

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2024 Hyundai Ioniq 5 N suspension tuning preview: How this performance EV was set up for Australia and the world to better take on Kia EV6 GT and Tesla Model Y Performance

Hyundai Australia’s Product Development Manager, Tim Rodgers, is in the passenger seat, laptop open, tweaking the suspension set-up of the Ioniq 5 N we’re punting through a series of B-road corners, on the fly.
South Korea United States Cholla Namdo Tim Rodgers Albert Biermann Tim Rodger

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