KEPCO
Korea Electric Power Corporation, better known as KEPCO, is the largest electric utility in South Korea. KEPCO was founded with the objective to facilitate the development of electric power supply in Korea, meet the country 's power supply and demands needs, and contribute to the national economy. KEPCO is responsible for 93% of Korea 's electricity generation. On the 2011 Fortune Global 500 ranking of the world 's largest companies, KEPCO was ranked 271. KEPCO is a member of the World Energy Council, the World Nuclear Association and the World Association of Nuclear Operators. KEPCO 's areas of business include the development of electric power resources, electric power generation, transmission, transformation, and distribution, as well as related marketing, research, technological development, overseas business, investment, corporate social responsibility and use of its property. KEPCO comprises six power generation companies and four subsidiaries in related business areas. It also owns a stake in four affiliated companies.
KEPCO traces its origins to Hanseong Jeongi Hoesa (Seoul Electric Company), founded in 1898 during the Joseon Dynasty. The Korea Electric Company (KECO), established through the integration of the Korea Electric Power Company and two distribution companies, Gyeongsung Electric Company and South Korea Electric Company, opened on July 1, 1961. In 1982, KECO became a wholly government owned entity and was renamed the Korea Electric Power Corporation (KEPCO).
KEPCO updated current circumstances which already has promoted the human resource practice of the company. Since KEPCO is not a private company, but a public enterprise. It was not that easy to manage those employees with poor performance. Or rather, contrast to the private companies, which can always manage personnel under the circumstances that employees’ performances are unqualified, the public enterprise such as KEPCO are not that flexible to manage them. For this reason, KEPCO
KEPCO traces its origins to Hanseong Jeongi Hoesa (Seoul Electric Company), founded in 1898 during the Joseon Dynasty. The Korea Electric Company (KECO), established through the integration of the Korea Electric Power Company and two distribution companies, Gyeongsung Electric Company and South Korea Electric Company, opened on July 1, 1961. In 1982, KECO became a wholly government owned entity and was renamed the Korea Electric Power Corporation (KEPCO).
KEPCO updated current circumstances which already has promoted the human resource practice of the company. Since KEPCO is not a private company, but a public enterprise. It was not that easy to manage those employees with poor performance. Or rather, contrast to the private companies, which can always manage personnel under the circumstances that employees’ performances are unqualified, the public enterprise such as KEPCO are not that flexible to manage them. For this reason, KEPCO
References: http://cyber.kepco.co.kr/kepco/EN/A/htmlView/ENAAHP002.do?menuCd=EN010102