1987-1978
After acquiring Pyeonghwa Construction Co. in 1978, Lotte Group began its foray into the construction market from September 1978. With the group’s financial support as well as the inauguration of Shin Joonho as the group president in September 1981, Lotte E&C joined the group of top construction contractors and started winning large-scale domestic and international projects.
- Sept. 10 Opens the technology R&D center
- Aug. 31 Wins an industrial contribution award for completing the Dongbuk dam
- Feb. 02 Registers as a builder for environmental pollution prevention facilities (MOE No. 87)
- Jan. 10 Gets export/import license (ITA No. 81042)
- Mar. 10 Changes corporate name to Lotte Construction Co.
- May. 2 Earns approval to receive foreign investment in integrated construction business (EPB No. 361-580)
- Nov. 07 Registers for fire prevention facility construction (Seoul City No. 20)
- Nov. 12 Registers as steel product installation business (MOC No. 59)
- Mar. 29 Moves main office (Jamwon-dong, Seocho-gu, Seoul)
- Sept. 15 Merges Lotte Construction (corporate birthday)
- Oct. 15 Changes corporate name to Lotte-Pyeonghwa Construction Co.
- Oct. 26 Wins Presidential citation for completing Sapkyo Stream barrage
- Sept. 14 Management control assumed by Lotte Group
- Oct. 20 Registers as a military supplier