GS Group's 20th anniversary ceremony, announcing a new leap forward for change and challenge at GS Art Center
Mar 31, 2025
GS Group held the '20th anniversary of GS's foundation and the celebration of the opening of GS Art Center' at GS Art Center in Yeoksam-dong, Gangnam-gu, Seoul on the afternoon of the 28th.
More than 500 people, including GS Chairman Huh Tae-soo and senior managers who contributed to GS's growth, including GS Chairman Huh Chang-soo, GS Caltex Honorary Chairman Huh Dong-soo, and former GS Retail Vice Chairman Huh Seung-jo, were there.
Chairman Huh Tae-soo said in his welcoming speech that `GS has been constantly pursuing growth despite the rapidly changing business environment"Since it marks its 20th anniversary, we will awaken the proud start-up spirit of "change and challenge" and move toward greater growth in the future."
GS Group announced a new start by separating from LG in 2005 and declaring the brand 'GS'. Starting with oil refining, distribution, and construction businesses, it has grown into a global company by expanding its scope to energy generation, general trading companies, hotels, and venture investments. Asset size more than quadrupled from 18.7 trillion won at the time of its launch to 80.8 trillion won, and sales more than tripled from 23 trillion won to 84.3 trillion won. (As of May 2024 announcement by the Fair Trade Commission)
The ceremony was also attended by business figures such as Ryu Jin, chairman of the Korea Business Association, LG Chairman Koo Kwang-mo, LS Chairman Koo Ja-eun and LIG Chairman Koo Bon-sang. In the past, heads of companies that started from one root and ran their own businesses met to share messages of encouragement and cooperation. Even at the time of the division, GS and LG were smoothly separated enough to be called 'Beautiful Goodbye'. Analysts say that he once again showed the spirit of companionship and harmony on this day.
At the event, a commemorative video showing the birth and growth of GS Group was screened. Belgium's B'Rock Orchestra then took the stage to perform a commemorative performance. The Biroke Orchestra reinterpreted Vivaldi's Four Seasons in a modern way and artistically expressed GS's corporate philosophy, where classics and innovation coexist.
The GS Art Center, where the ceremony was held, is a newly opened culture and art space on the site of the LG Art Center in Yeoksam-dong. It was the first official event held here where culture and corporate identity were fused, and it had a special meaning. GS plans to develop the GS Art Center into a space that inspires and impresses customers and society in the future.
More than 500 people, including GS Chairman Huh Tae-soo and senior managers who contributed to GS's growth, including GS Chairman Huh Chang-soo, GS Caltex Honorary Chairman Huh Dong-soo, and former GS Retail Vice Chairman Huh Seung-jo, were there.
Chairman Huh Tae-soo said in his welcoming speech that `GS has been constantly pursuing growth despite the rapidly changing business environment"Since it marks its 20th anniversary, we will awaken the proud start-up spirit of "change and challenge" and move toward greater growth in the future."
GS Group announced a new start by separating from LG in 2005 and declaring the brand 'GS'. Starting with oil refining, distribution, and construction businesses, it has grown into a global company by expanding its scope to energy generation, general trading companies, hotels, and venture investments. Asset size more than quadrupled from 18.7 trillion won at the time of its launch to 80.8 trillion won, and sales more than tripled from 23 trillion won to 84.3 trillion won. (As of May 2024 announcement by the Fair Trade Commission)
The ceremony was also attended by business figures such as Ryu Jin, chairman of the Korea Business Association, LG Chairman Koo Kwang-mo, LS Chairman Koo Ja-eun and LIG Chairman Koo Bon-sang. In the past, heads of companies that started from one root and ran their own businesses met to share messages of encouragement and cooperation. Even at the time of the division, GS and LG were smoothly separated enough to be called 'Beautiful Goodbye'. Analysts say that he once again showed the spirit of companionship and harmony on this day.
At the event, a commemorative video showing the birth and growth of GS Group was screened. Belgium's B'Rock Orchestra then took the stage to perform a commemorative performance. The Biroke Orchestra reinterpreted Vivaldi's Four Seasons in a modern way and artistically expressed GS's corporate philosophy, where classics and innovation coexist.
The GS Art Center, where the ceremony was held, is a newly opened culture and art space on the site of the LG Art Center in Yeoksam-dong. It was the first official event held here where culture and corporate identity were fused, and it had a special meaning. GS plans to develop the GS Art Center into a space that inspires and impresses customers and society in the future.
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This article was translated by Naver AI translator.
