JANUARY 27, 2002
Renault lands Hanjin backing
RENAULT has landed sponsorship from the Korean company Hanjin. Hanjin Heavy Industries & Construction was the first shipbuilding company in Korea, established in 1937 and between 1945 and 1989 was known as the Korea Shipbuilding Engineering Corporation, although it was privatized in 1968. It expanded into engineering and construction in the 1960s and later into railway engineering and airport construction.