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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.
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.
Hyundai Asia Resources, Inc. (HARI) was the distributor of Hyundai passenger cars and currently the official distributor of Hyundai commercial vehicles in the country. [113] They were appointed by Hyundai Motor Company of South Korea in August 2001 as the official distributor of Hyundai vehicles in the Philippines.
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Hyundai Samho Heavy Industry(HSHI) has taken over the division on 1 February 2004. [7] Industrial Equipment division has produced over 1,200 cranes so far (since 1973). Its main products are Bulk Transporting facility, Wharf & Yard Cranes for ports, Goliath Cranes & Overhead Cranes for Steel plants or Power plants.
Hyundai's New Horizons Studio "furthers Hyundai Motor Group's vision to shape the future of mobility," the company said in an announcement. New Hyundai division to develop walking cars and other ...
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 ...