Yoon Hong Huh of GS Engineering & Construction Bets Big... Launches 'R.T.S Program' to Overhaul Company Structure

Company-Wide Message Sent on June 23
"Innovating Our Way of Working at a Fundamental Level"

On June 23, Yoon Hong Huh, CEO of GS Engineering & Construction, officially announced the launch of the 'R.T.S (Reset, Transform, Sustain)' program aimed at fundamentally transforming the way the company works. This move is interpreted as a signal to review existing work processes and refocus the company’s structure around new business initiatives.

Yoon Hong Huh, CEO of GS E&C Profile photo. GS E&C

Through a company-wide message to all employees on the same day, CEO Huh stated, "We are currently standing at a crucial turning point amid a rapidly changing market environment," and declared, "In order to maintain competitiveness and achieve sustainable growth, the company is launching the R.T.S program."

He explained the background of introducing the R.T.S program by saying, "Construction is our core business, and the reason we have protected its value so far is thanks to your dedication and hard work." However, he also emphasized, "For continuous growth and enhanced competitiveness, we must re-examine and innovate our ways of working."

The 'R.T.S program' presented by CEO Huh is a company-wide management innovation project named after the initials of Reset (reset), Transform (transformation), and Sustain (sustainability).

He described it as "a company-wide transformation effort aimed at fundamentally innovating the way we work, not just making short-term improvements," and asked, "Please help identify opportunities for improvement from the perspective of the entire company."

Recently, GS Engineering & Construction has been expanding its mid- to long-term business portfolio by collaborating with overseas infrastructure investors, with 'energy transition' and 'developer' positioned as its core pillars. The company plans to carry out renewable energy projects such as solar power and battery energy storage systems (BESS) with a total project cost of 3 trillion won within the next 10 years.

This content was produced with the assistance of AI translation services.