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LOTTE ENGINEERING & CONSTRUCTION

About Us

Timeline

Established in 1959, Lotte E&C is a global integrated construction company with businesses in public works, plants, architecture, housing, and overseas projects.

2003-1998

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  • Lotte Castle 84 completed, 2001
  • Niigata Stadium completed, February 2001
  • A scene at Honam Petrochemical, July 1999
  • Busan Subway No. 2 completed in 1998
  • Gwangan Blvd. (including the 7.4-km bridge) completed in December 2002
  • Incheon International Airport Highway (Banghwa Bridge) completed in 2000

Overcoming crisis and second expansion

Despite the recession, Lotte E&C has generated momentum for a second expansion. In terms of brand recognition, service quality, and quality certifications, Lotte E&C has become No. 1 in Korea. The concept brand “Lotte Castle” is now synonymous with highest quality and most in-demand apartments.

2003
Jan. 6 Receives Presidential Award for completing Gwangan Grand Bridge
2002
May. 28 Wins Best Brand award by Women Times
May. 29 Earns the 2002 Service Award (Apartment Category)
Jul. 29 Earns Korea’s first Construction KOSHA 2000 program certification
Sept. 1 Recognized as No. 11 in terms of construction capacity (1.1 trillion won)
Oct. 23 Receives a Grand Design Award (Korea Management Association Consulting)
Dec. 3 President wins “Proud Korean” award
Dec. 11 2002 Best corporate newsletter award
2001
May. 3 Wins Korea Management Association service award (Apartment Category)
Sept. 3 2001 Korea Housing Culture Award (Korea Housing Daily)
Nov. 20 Achieves sales revenue of 1 trillion won
Dec. 23 Receives Presidential citation for completing West Coast Highway
2000
Sept. 30 Completes building of Grand Banghwa Bridge as part of construction of Incheon International Airport highway
Nov. 2 Wins 6th International Transaction Award
Nov. 20 Receives Steel Tower industrial contribution award (for completing Incheon Airport highway
Dec. 11 Selected as an environmentally friendly company by Seoul City
1999
Feb. 26 Selected as an excellent construction contractor by LH Corp.
Jun. 30 Stone Tower industrial contribution award
Jul. 28 Earns Tokyo City bidding rating A+
Sept. 15 40th anniversary of Lotte E&C
Dec. 28 Capital increase of 50 billion won (paid-in capital 123.4 billion won)
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