Posco CEO spells out company strategy

摘要

South Korea's Posco will try to attract financial and strategic investors for its businesses, said newly appointed chief executive officer Kwon Oh-joon last Friday. Making profits is the most urgent task for Posco, he said, as he spelled out his strategy for the company for the next three years. Kwon said he will work on improving Posco's financial health by streamlining, selling stakes in its non-core affiliates and raise funds through initial public offerings of unlisted companies.