Hanwha Spends 13 Billion Won on Seoul Fireworks Festival

Safety Budget Alone Reaches 4.5 Billion Won

Society|
|
By Park Dong-hwislypdh@sedaily.com
||
The "Freedom250 commemorative fireworks and drone show" lights up the Han River Park area in Yeouido, Yeongdeungpo District, Seoul, on the 4th. Organized by the U.S. Embassy in Seoul to mark the 250th anniversary of American independence and celebrate the South Korea-U.S. alliance and friendship, the event also served as a prelude to the "Seoul International Fireworks Festival 2026." Joint Press Corps - Seoul Economic Daily Society News from South Korea
The "Freedom250 commemorative fireworks and drone show" lights up the Han River Park area in Yeouido, Yeongdeungpo District, Seoul, on the 4th. Organized by the U.S. Embassy in Seoul to mark the 250th anniversary of American independence and celebrate the South Korea-U.S. alliance and friendship, the event also served as a prelude to the "Seoul International Fireworks Festival 2026." Joint Press Corps

Hanwha Group's Seoul International Fireworks Festival opened at 8 p.m. on the 5th around Yeouido in Seoul. The event, first held in 2000, has run for more than two decades as one of the group's flagship community programs.

Hanwha allocated a total of 13 billion won to this year's festival, according to industry sources. Of that, 4.5 billion won went to safety management alone, up about 17% from 3.85 billion won a year earlier.

The company said it focused heavily on accident prevention because the festival draws more than 1 million spectators. It deployed about 5,000 safety and crowd-control personnel, the largest number to date. Hanwha is also running Orange Safety, a crowd-density monitoring app developed with mobile carriers, and an integrated closed-circuit television control system built on KT's 5G network slicing technology.

The "Freedom250 commemorative fireworks and drone show" lights up the Han River Park area in Yeouido, Yeongdeungpo District, Seoul, on the 4th. Organized by the U.S. Embassy in Seoul to mark the 250th anniversary of American independence and celebrate the South Korea-U.S. alliance and friendship, the event also served as a prelude to the "Seoul International Fireworks Festival 2026." Joint Press Corps - Seoul Economic Daily Society News from South Korea
The "Freedom250 commemorative fireworks and drone show" lights up the Han River Park area in Yeouido, Yeongdeungpo District, Seoul, on the 4th. Organized by the U.S. Embassy in Seoul to mark the 250th anniversary of American independence and celebrate the South Korea-U.S. alliance and friendship, the event also served as a prelude to the "Seoul International Fireworks Festival 2026." Joint Press Corps

Viewing areas were expanded significantly. At the urging of Hanwha Group Chairman Seung-youn Kim, who called for the display to be staged higher and larger, seating was extended from central Yeouido to areas near Mapo Bridge, Wonhyo Bridge and the Hangang Railway Bridge. The company said the heavy spending on an event that generates no revenue reflects Kim's management philosophy of "together, far."

This year's theme is "In Search of Your Light." Fireworks teams from three countries are taking part, including South Korea, represented by Hanwha, along with the United States and Britain. The main event begins at 8 p.m.

The British team opens the program with a display set to music including "Soda Pop," a track from a Netflix animated film. The U.S. team follows with a large-scale display set to "Carmina Burana: O Fortuna."

Hanwha's own display draws on Vincent van Gogh's "The Starry Night." Another sequence is set to Lee So-ra's "The Wind Blows." Key highlights include a tower fireworks display and a bridge sequence staged at Wonhyo Bridge. A symmetrical display fired from both sides above the bridge is designed to give spectators farther away a wider view.

About 1,200 Hanwha employee volunteers will clean the Yeouido Hangang Park area late into the night after the festival ends as part of a cleanup campaign. Those unable to attend can watch a live broadcast on the company's official YouTube channel, Hanwha TV.

Separately, the Seoul Metropolitan Police Agency blocked vehicle traffic on Yeoui-dong-ro, between the southern end of Mapo Bridge and the 63 Building, from 3 p.m. until midnight. Wonhyo Bridge is closed to vehicles in both directions until 3 a.m. on the 6th to allow for event setup and teardown.

Seoul Metro said trains on both directions of the line passing through Yeouinaru Station began skipping the station at 6:11 p.m. The operator plans to maintain the measure until 10 p.m.

Original reporting by Park Dong-hwi for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

Watch · Seoul Economic Daily

More →
2:39

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Company Atlas

Preview
Market Ontology · The Feedback LoopKFTC 2025 · 92 groups · 121,954 articles

An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.

SIGNAL

Now live
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

SIGNAL English Edition is live — Korea's deal desk reporting in English. M&A, IPOs, private equity and fund flows, covered daily for global institutional investors. Browse free; subscriber-only scoops at the 50% intro rate.