The Korea Timesopen noticesearchBusinessCompaniesPoongsan decides not to sell ammunition business: FKI chiefListenListenText SizePrintBy Lee Min-hyungPublished Jul 20, 2026 6:00 am KSTUpdated Jul 20, 2026 8:58 am KSTHead of business lobby pledges to bring back conglomerate leaders to FKI leadership councilFederation of Korean Industries (FKI) Chairman Ryu Jin speaks during a press conference on the sidelines of the 2026 CEO Summer Forum hosted by the business lobby on Jeju Island, Friday. Courtesy of FKI JEJU ISLAND — Poongsan Group has decided not to sell its high-profile ammunition business, its Chairman Ryu Jin said Friday, dismissing persistent speculation that the defense unit…
Source: Korea Times Business
