Updated July. 10, 2014 09:07
At a corporate briefing in New York Stock Exchange building Tuesday, Jo Hwan-ik, CEO of state-run Korea Electric Power Corporation, said, "KEPCO`s future visions are comprised of three tasks of securing future new growth engines, strengthening financial soundness and vitalizing overseas business." KEPCO held the event to explain its current management conditions and strategies to investors in New York, the center of global financial markets.
At a meeting with Korean news correspondents, Jo said, "Requests for power plant construction and operation are heating up," adding the company is prepared to increase overseas sales.
Jo also presided over a trail tolling ceremony for the closure of KEPCO`s ADR that marks the 20th anniversary of being listed in New York Stock Exchange. The ADR was listed on the stock exchange on Oct. 27, 1994 and its share price recently reached a new high in six years and five months.