It is reported that the mid-sized construction company Daewoo Shipbuilding & Marine Engineering has applied for corporate rehabilitation procedures (court receivership). Following Shin Dong-A Construction, Daejeon Construction, SAMBU Construction, and Angang Construction earlier this year, five construction companies have entered court management procedures. According to the construction industry and others on the 28th, Daewoo Shipbuilding … Continue reading Daewoo Shipbuilding & Marine Engineering files for court receivership after Sky I&D deal collapse