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HHI was founded in 1972 by Chung Ju-yung as a division of the Hyundai Group, and in 1974, completed building its first ships. [5] In 2002, the company was spun-off from its parent company. [ 6 ] HHI has four core business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery.
HD Hyundai started its shipbuilding business in a small village in Ulsan, South Korea, in 1972 and grew into a global heavy industries company. It is a major supplier in the heavy industries and energy sector, ranging from shipbuilding and marine engineering to oil refining, petrochemicals, and smart energy management businesses.
By 2017, HD Hyundai Electric had supplied a cumulative total of over 1.2 million kWA transformers to 70 countries around the world. [6] According to a 2025 report from the Maeil Business Newspaper, it ranks first and second in the ultra-high voltage transformer market share in the United States and Saudi Arabia, respectively.
Hyundai cars are also assembled in Egypt using CKD kits. The local manufacturer is GB Corp, which is located in Cairo. Their 58,000 sq.m factory possesses an estimated annual production capacity of 50,000 to 75,000 vehicles. Formerly, the company assembled vehicles such as the Verna and Hyundai Elantra HD.
[1] [2] In 2016, the It was upgraded from Hyundai Heavy Industries Engine Machinery Division to Hyundai Heavy Industries Robot Division, and became an independent corporation in 2020. [ 3 ] [ 4 ] In 2023, the company name was changed to the current name, HD Hyundai Robotics.
In 1947, Hyundai Togun (Hyundai Engineering and Construction), the initial company of the Hyundai Group, was established by Chung Ju-yung. [3] Hyundai Construction began operating outside of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam. [4] In 1950, Hyundai Togun was renamed Hyundai Construction. In 1958 ...
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