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Major construction firms have replaced their chief executives with financial experts in recent weeks to brace for a prolonged industry downturn, according to industry officials, Sunday. ....
POSCO E&C was finally selected as the construction company for an apartment reconstruction project in Bangbae-dong in southern Seoul s Gangnam District. This will be the first site to construct POSCO E&C s new Hauterre premium apartment brand launched last July. ....