
The Ministry of Employment and Labor will investigate whether Hanwha Aerospace (012450.KS) violated the Serious Accidents Punishment Act following an explosion at one of its plants.
The ministry said Saturday it had formed a dedicated investigation team to look into the explosion at Hanwha Aerospace.
The team, comprising about 20 officials, plans to determine whether the company violated the Occupational Safety and Health Act and the Serious Accidents Punishment Act. The latter law allows for criminal punishment of business owners who fail to fulfill safety and health obligations in cases involving serious workplace accidents. "We will do our utmost to ensure swift and stringent accident response and to prevent secondary incidents," Minister Kim said.
The explosion occurred around 11 a.m. that day at Hanwha Aerospace's Daejeon plant in Oesam-dong, Yuseong-gu, Daejeon. Five workers passed away in the accident, and one suffered serious injuries with full-body burns.







