Kumho E&C

What Kumho E&C does

Kumho E&C (Kumho Engineering & Construction Co., Ltd. / 금호건설 주식회사) is a South Korea-based, publicly listed construction company (KRX: 002990) operating across four business divisions: Architecture (public housing, government/commercial facilities, airport/sales/logistics, education/research, culture/healthcare, correctional/military, and overseas), Civil Engineering (airports, roads, railways, reclaimed land/ports, overseas and other), Housing (apartments and mixed-use residential-commercial complexes), and Plant/Environmental (power generation, energy storage/supply, petrochemical, industrial, and environmental facilities). Founded in February 1967 and headquartered in Seoul, the company employs approximately 1,294 staff and operates overseas offices in Dubai (since 2006), Hanoi (since March 2007), and Ho Chi Minh City. Kumho Express is the largest shareholder at 44.13%, situating the firm within the Kumho Asiana Group conglomerate.

The company's technology base centers on proprietary environmental treatment and construction engineering assets. Flagship environmental technologies include the KIDEA Process (single-batch reactor advanced sewage treatment, certified as Korea's 8th Environmental New Technology in 2001), the K-MBR/KUMHO-MBR membrane bio-reactor system (Environmental New Technology No. 110), and the KH-ABC horizontal anaerobic digester for organic waste biogasification (Construction New Technology No. 441; Green Technology GT-14-00231). Construction technologies include a variable cross-section slipform system (Construction New Technology No. 776), segmental pre-cast arch bridges, bridge seismic isolation systems (RFPB/HDRB), and self-healing waterproofing concrete. The company holds an ISO 9001 (first in Korea for the PC sector, 1994), ISO 14001, ISO 45001 (DNV), ISO 37001, KOSHA-MS, and KEPIC (Korea Electric Power Industry Code) certifications, underscoring its qualifications for public-sector bidding.

Kumho E&C generates revenue primarily through project-based construction contracts (one-time, project-by-project recognition) with both government/public-sector clients (KEPCO, Korea Water Resources Corporation, Korea Land and Housing Corporation, public universities and hospitals) and private commercial/residential customers. Residential housing is sold under the branded sub-brands ARTERA (launched May 2024), Eullim, and Richensia through model homes, subscription offerings, and the artera.co.kr website. Reported FY2025 consolidated revenue was KRW 2,018,488 million (approximately USD 1.4–1.5 billion), with a net profit of KRW 62,380 million following a KRW 228,543 million loss in FY2024. The company added a KRW 174.4 billion power grid contract from KEPCO in November 2025, signaling entry into power transmission infrastructure beyond its traditional airport, civil, and environmental focus.

Name

Kumho E&C

Legal name

Kumho Engineering & Construction Co., Ltd. (금호건설 주식회사)

Website

https://kumhoenc.com

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Kumho E&C (KRX: 002990) is a publicly listed South Korean construction company operating across architecture, civil engineering, housing, and plant/environmental divisions, serving government, private commercial, and residential customers under brands including ARTERA, with FY2025 revenue of approximately USD 1.4–1.5 billion.

Ownership category

akta.pro rank

Product category

Construction Services

NAICS

Engineering Services (541330), Architectural, Engineering, and Related Services (5413)

akta.pro primary industry

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

akta.pro secondary industries

Desalination Plant EPC, O&M & Performance Optimization (EUANAFAK), Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL)

Keywords

• Construction engineering services
• Civil infrastructure construction
• Residential housing development
• Environmental plant construction
• Public housing construction

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Construction Contract Revenue: Revenue from construction projects including buildings, civil engineering, housing, and plant/environmental facilities. The company reported KRW 2,018,488 million in sales in 2025. Public sector contracts (government infrastructure, public housing) and private sector projects (commercial buildings, residential developments) both contribute to revenue. Projects are typically one-time contracts with project-based revenue recognition.
2. Power Grid Infrastructure Contracts: Specialized revenue stream from power grid construction contracts such as the KRW 174.4 billion KEPCO grid construction project. This represents strategic expansion in power grid capacity infrastructure.
3. Residential Housing Sales: Revenue from apartment and residential complex sales under the Artera brand, including pre-sales (subscription offerings) and completed unit sales. Projects include Wangsuk Artera, Godeok New Town Artera, and Eco Delta City Artera.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Kumho E&C is a comprehensive engineering and construction company operating across four divisions: Architecture, Civil Engineering, Housing, and Plant/Environment. The company builds airports, highways, railways, harbors, public housing, commercial buildings, education and military facilities, power and petrochemical plants, and mixed-use residential complexes. It also develops and sells branded residential properties (Artera, Eullim, Richensia) and applies proprietary environmental technologies such as KIDEA, K-MBR, and KH-ABC for water treatment and biogas projects.

Product overview

Kumho E&C is a comprehensive engineering and construction company offering a multi-segment portfolio spanning architecture, civil engineering, housing, and plant/environmental services. The company operates through distinct business divisions: Architecture (including public housing, commercial facilities, airports, education/research, and military facilities), Civil Engineering (roads, railroads, harbors), Housing (apartments and mixed-use complexes), and Plant/Environment (power generation, petrochemical, industrial, and environmental services). The company markets residential properties under branded sub-brands including ARTERA (current flagship housing brand launched May 2024), Eullim (previous housing brand), Richensia (residential-commercial complexes), and Artsis (landscaping). In environmental technology, Kumho E&C has developed proprietary wastewater treatment systems including KIDEA (SBR-based process), K-MBR/KUMHO-MBR (membrane bio-reactor), and KH-ABC (biogas production from organic waste).

Differentiator

Problem solved

Functional benefit

Brands

• 아테라 (ARTERA): Residential apartment brand launched in May 2024, representing art, land (TERRA), and era; Kumho E&C's new flagship housing brand
• 어울림 (Eullim)
• 리첸시아 (Richensia)
• 아트시스 (Artsis)

Products and services

• Architecture Construction Services

Quantifiable outcome

• Operating profit increased 112.3% YoY in Q1, reaching KRW 12.1 billion
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Korea Electric Power Corporation (KEPCO)coreStrategic or Co-development Partner · 27 November 2025Kumho E&C secured a KRW 174.4 billion contract to build power grid infrastructure for KEPCO. This strategic project involves advanced electrical infrastructure development, reflecting the company's strategic expansion in power grid capacity construction.
• Lotte Chilsung BeverageminorGTM or Marketing PartnerJoint campaign for construction site heat response during summer months. Partnership demonstrates corporate social responsibility and employee welfare initiatives.

Scale indicators7 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Daewoo E&C: Daewoo E&C is a mid-to-large Korean general contractor with a similar mix of civil, building, housing (Apartment brand "Prugio"), and plant/environmental work. Direct competitor for Korean public tenders and residential brand market share.
• POSCO E&C: POSCO E&C is a Korean construction major with strengths in civil, infrastructure, and steel-plant EPC. Comparable in civil and plant/environmental segments, and competes for the same KEPCO- and government-led infrastructure awards.
• DL E&C (formerly Daelim Industrial): DL E&C operates in Korean civil, building, and housing (Apartment brand "Acro") with strong plant EPC capabilities — comparable scope to Kumho E&C's Architecture/Civil/Housing/Plant divisions and a frequent rival on LH public housing tenders.
• Taeyoung Engineering & Construction: Taeyoung E&C is a Korean general contractor with civil, building, and housing operations. Similar mid-cap scale to Kumho E&C and competes in the same Korean public-tender pool.
• Hanwha Engineering & Construction: Hanwha E&C operates in Korean civil, plant, and housing with its own apartment brand. Mid-tier peer comparable in scale and segment exposure to Kumho E&C's Korean business mix.
• GS E&C: GS E&C is one of Korea's largest general construction companies with comparable business mix across civil works, housing, plants, and environmental projects. Directly competes with Kumho E&C for Korean public housing (LH), infrastructure, and residential brand contracts at materially larger scale.

Regional players

• Jungheung Construction: Jungheung Construction is a Korean construction company with civil, building, and housing projects focused on regional Korean markets. Comparable in mid-cap tier and Korean domestic project mix, though less internationally active.

Emerging players

• China State Construction Engineering Corporation (CSCEC): CSCEC is a global general contractor expanding into Korean and Southeast Asian infrastructure and housing. Competitively comparable in EPC project execution and bid pricing on cross-border civil and residential work.

Broad incumbents

• Hyundai Engineering & Construction: Hyundai E&C is Korea's flagship construction major with overlapping civil, building, plant, and housing segments. It is a broader incumbent and a frequent JV partner/competitor on mega-projects where Kumho E&C cannot bid solo.
• Samsung C&T (Engineering & Construction): Samsung C&T's E&C division covers civil, building, housing, and plant work globally. Larger and more diversified, but directly competes on Korean public infrastructure and premium residential developments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@kumhoenc

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kumho E&C