S&T Motiv

S&T Motiv Co., Ltd
Public
Traded as KRX: 064960
Industry Automotive & Defence
Founded 1981
Headquarters Busan, South Korea
Key people
Tae-kwon Kim (CEO)
Products Auto parts, small arms
Revenue Increase USD 1.03 billion (2015)[1]
Increase USD 105.2 million (2015)[1]
Increase USD 73.2 million (2015)[1]
Total assets Increase USD 1.02 billion (2015)[1]
Total equity Increase USD 0.66 billion (2015)[1]
Number of employees
938 (March 31, 2014)
Parent S&T Holdings Co Ltd
Website S&T Motiv

S&T Motiv Co., Ltd (formerly S&T Daewoo and previously Daewoo Precision Industries) is a South Korean firearms and auto parts manufacturer founded in 1981. Its firearms equip most frontline units of the Republic of Korea Armed Forces.

History

Daewoo Precision Industries Co., Ltd was established in December 1981 as a wholly owned subsidiary of Daewoo to manufacture small arms. In 1986 the company diversified into auto parts manufacture. In December 1992 the company was listed on the Korean stock exchange. Following the collapse of Daewoo the company was spun off in February 2002 and relisted on the Korean stockmarket in March 2002. The majority of its shares were purchased by S&T Holdings in June 2006 and it was renamed S&T Daewoo Co., Ltd in September 2006. In March 2012 the company was renamed S&T Motiv Co., Ltd.[2]

Firearms

K2 rifle at the War Memorial of Korea
K3 machine gun at the War Memorial of Korea
K7 SMG at Defense Asia 2006

Licensed production

Own designs

References

  1. 1 2 3 4 5 "S&T Motiv Co Ltd (064960:Korea SE)". investing.businessweek.wallst.com. Retrieved May 7, 2016.
  2. "Official S&T Motiv Co., Ltd. brochure, page 5.". S&T Movic Co., Ltd. Archived from the original (PDF) on 2012-06-03. Retrieved 2012-06-03.
  3. Southby-Tailyour, Ewen. Jane's Special Forces Recognition Guide. p. 446.

S&T Motiv Homepage

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