[Korea financial newspaper choice is a reporter] imjongryong finance chairman (pictured), 23 days' divestiture of not revive the good assets bad assets and liabilities are divided will of liquidation 'saying' that breaks the DSME as good peompeo Nina Bad Company not easy "he said.
Additional support-related briefings on DSME held in Seoul, the day the government building imjongryong Chairman explained thus the difficulties of the enterprise division of Daewoo Shipbuilding & Marine Engineering.
According to the Financial Services Commission is deploying one day support programs of Daewoo Shipbuilding Base, depending on the nature of the shipbuilding industry and Daewoo Shipbuilding said it concluded "Worksite divestiture is not feasible likely to cost much more than the benefit."
According to data Daewoo Shipbuilding and Merchant Marine / Marine / defense sites are separated by 'cause inefficiencies in facilities, personnel and management takes additional new funds, such as new plant capacity.
Current Merchant Marine / Marine / defense business has been operating only the final separation process. FSC is a separate facility investment during 'artificially split, saying "the current of each business division plant, equipment, design, technology, personnel, etc. Many joint utilizing a separation is physically impossible', such as defense splitting poetry least 1000 billion won it is also necessary and unavoidable costs of the design, assembly and support staff operating separately 'he said.
Another financial crisis is when the split-off "if the merchant marine / offshore savings is based on the joint use of infrastructure throughout the production process reaches approximately 70 ~ 80% is reduced significantly, and looked.
In brief imjongryong Chairman added that 'it was possible ahead of the split Daewoo Heavy construction machinery manufacturing, shipbuilding was the company's business is tied to the production of different items.
Switching future domestic shipbuilding industry to the big two in the Big Three (Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering) preferably idle imjongryong chairman for the question about the "possibilities now that not two but big on thinking chatja the owner as soon as possible tapping into the informal, but this time said, sounding not whether potential acquisitions. Imjongryong Chairman 'look that is desirable to promote (Daewoo Shipbuilding), mergers and acquisitions after 2018 which is a decrease by half a small but solid company sales (M & A)' 'shipbuilding industry is needed market outlook, must be better "said High said.
For the time being bankrupt Daewoo Shipbuilding and raised in tip-scale damage he was dismissed for "fear marketing". According announced in Daewoo Shipbuilding economy expected maximum loss during bankruptcy immediate damage, including input costs, such as for ship construction in 2016 of the criteria, considering the future to avoid large-scale unemployment amounted to a total of 59 trillion won. Imjongryong Chairman, and if you have not misunderstood by the figures for liquidity support 'estimates assumed the worst of all possible to achieve exposure to all risk factors, "said he said.
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