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Interview

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Leading the Conversation

Safran Korea is driving
progress through sustained investment
in partnership and innovation

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  • Korea a high potential partner for a large industrial group of high technology like Safran. Korea’s aerospace and defense industry has a bright future.

    Since Safran Korea launched not too long ago, there must have been some challenges it faced while trying to set up shop here.

       Even though some Safran’s sub- sidiaries are well known in Korea (Turbomeca, Sagem, Snecma, Messier Bugatti Dowty, Labinal Power Systems), the brand Safran itself is still not very well-known, and a lot of Korean compa- nies, or governments, are not aware that those companies were 100 percent owned by Safran.
       However, our Group has decided to place all of its subsidiaries under a single banner and brand name – Safran – to bolster its position as a

  • global industrial leader and accelerate its international growth. The Safran logo therefore becomes the sole emblem representing all Group companies.
       Safran has taken a major step forward in terms of its brand image, for the benefit of all stakeholders: customers, partners, shareholders and employees. Operating under a single brand will enable Safran to further improve its recognition across all markets and publics in Korea. It will also guarantee the enhanced visibility of its businesses and the products and services it offers.

    Korea and France have seen positive growth, especially between businesses. What is Safran doing to further bolster business partnerships between the two countries?

  •    Safran already equips the three Korean Armed Forces with optronic systems, inertial navigation system (INS), helicopter engines and landing gears. Most of those programs have been conducted in partnership with local companies.
       For example, we have a partnership with Hanwha Defense for INS, Hanwha Techwin for helicopter engines and Huneed for the helicopter flight controls.
       In the field of security, Safran provides Incheon and Busan airports with luggage explosive detection systems.
       Regarding civilian aeronautical industry, we also have some commercial plane engines flying in Korea.
       Our relationship with Korea is not new and we are confident that given the potential of Korea and the capacity of Korean people to move forwards and progress, there are great things to do together in the future. We are only at the beginning of a fruitful partnership.

    By Esther Oh
    Executive Consultant/Invest Korea
    estheroh@kotra.or.kr
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