Nawootec/About us/Milestones

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May 2009	Certification of Quality Management System

Mar 2008	Development of PM Gearless Motor for the Mini machine room

Jan 2007	Launching of ES Series Compressor

Mar 2006	Awarded the Prize of the Vice Prime Minister and Minister of Finance and Economy

Nov 2005	Awarded by the President for the Practical Use of the New Technology of Gearless Traction Machine

Jun 2004	Certification of Q-MARK for the Rope break (Meter and Petrochemical Testing and Research Institute)

Nov 2003	Certification of K-MARK for the Thin type Synchronized Motor for MRL (Korea Testing Laboratory)

Nov 2003	Awarded the Prize by the Minister of the Industry and Resources (Production based Technology)

Feb 2002	Now Electricity Ltd. NAWOOTEC Electricity Ltd. established

May 2002	Renamed into NAWOOTEC Co., Ltd.


Aug 1999	The alliance with Japanese Electricity Tool Manufacturing Co. terminated

Sep 1999	CE Mark acquired(welding, control device)

Nov 1999	First prize granted in the nationwide quality control group contest (4 years in a row since 1996)

Oct 1998	Registered as a venture company

Nov 1998	Gold tower metal granted (quality management)

Apr 1997	Screw compressor rotor design patents granted (USA, Germany, Japan, Korea)

May 1997	ISO 9001 international quality certification

Nov 1997	Quality management award granted (among 100 companies with quality competitiveness edge)

Oct 1995	EM mark acquired (first in Korea: screw air compressor)

Apr 1994	Renamed into Geumwonsa Co., Ltd.

Oct 1994	Prime Minister Award granted for manufacturing screw compressor machines with purely domestic technology

Mar 1994	Signed alliance agreements on compressor with FINLANDTAMROTOR

Feb 1992	Technical cooperation agreed with a Japanese company Yeongjeon Steel Co., Ltd.

Nov 1991	Designated as a company which is an example of implementing national technology development initiatives.


Nov 1988	Export award granted for marking USD 1million in export

Mar 1989	Moved the factory and built technical alliance with Japan’s Furnace Heavy Industries Co., Ltd.

Apr 1987	An approval granted for establishing a materials research institute

Dec 1986	Renamed into Geumgang Power and Metal

Oct 1985	Ulsan office opened

Dec 1985	Designated as a promising company


Mar 1978	Designated as a specialized machine building factory

Jan 1978	Geumgang Power and Metal Industry founded

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