What you do not know about the octopus South Korean Samsung

Many people know that Samsung sells washing machines and refrigerators, as well as mobile devices. There are even those who are aware of its preeminent position as a supplier of hardware components. But few know that this company is a conglomerate in South Korea manufactures boats and mega-skyscrapers, owns and operates luxury hotels, or the availability of insurance and financial services. Many of the companies operating in these different sectors are among the most important international companies in its class.
What you do not know about the octopus South Korean Samsung

Samsung began in 1938 as a distributor of food production and export trading and selling dried fish, fruits and vegetables except pasta. Over the years expanded to various sectors, and today Samsung Group comprises about 80 companies, diversified across many sectors and represent 17% of the GDP of South Korea, and the fifteenth in the global economy.



Samsung began in the electronics industry in the sixties of the last century. The company has diversified into insurance, textiles and shops. In the mid-70 launched the company in the construction of buildings and ships. The branch is currently involved in this business, which Samsung Heavy Industries, is the second largest shipbuilder in the world. Also Samsung Engineering, engineering and construction for the oil and gas sector and other industrial infrastructure. Of course they exist in Saudi Arabia and the United Arab Emirates and India.



Branch Samsung C & T (geometric construction and trade and business investment) This company is responsible for the construction of buildings, and industrial plants and large civil infrastructure. To know the importance of this company, a subsidiary of Korea's Samsung, four of the tallest skyscrapers in the world, three of which were built by Samsung C & T, including in the first place, the Burj Khalifa in Dubai., Which has a height of 828 meters.



Samsung also have a conglomerate in the hotel sector. Sheila Hotels & Resorts (Shilla Hotels & Resorts) is the trademark of this sector, which was opened in 1979. Nowadays the company has established an important place in luxury hotels and resorts worldwide.



Samsung Group has acquired several companies related to the medical sector and in 1994 opened the Samsung Medical Center, a huge complex consisting of the hospital and support center for cancer. And where there is no medical insurance costs, there are Samsung Life Insurance, which provides medical insurance and life. Its size is such that it has more than 6,000 employees in South Korea. Another subsidiary insure boats, cars and fire have similar policies.



We can not afford to miss as well as advertising and marketing agency. Cheil Worldwide Sasmong belong to the group and focus on the world of public relations, which is an annual turnover of about 600 million dollars. The group also found in financial services. It is the largest shareholder in EFG DGB Financial Group, which has one of the largest banks in South Korea. In fact, the largest credit card company in the country called "Samsung Card" (Samsung Card).



Do not forget one of the most important branches of the group, Samsung Electro-mechanics, which manufactures a variety of electronic components and devices. Samsung also has a technology industry specializing in aviation, surveillance and sophisticated weapons.



Finally, there is a brand under the name of Renault Samsung Motors. Has launched the company in 1994 under the name "Samsung Motors" and within a few years began to sell cars, but that's before you force it the Asian financial crisis to sell to France's Renault car, but in spite of that Samsung still owns 19.9% of the combined company.