Hyundai Engineering and Construction
| Hyundai Engineering and Construction | |
|---|---|
| Hangul | 현대 건설 |
| Hanja | 現代建設 |
| Revised Romanization | Hyeondae Geonseol |
| McCune–Reischauer | Hyŏndae Kŏnsŏl |
Hyundai Engineering and Construction Co., Ltd. KRX: 000720 (abbreviation: HDEC) is a major construction company in South Korea which has carried out projects not only in Korea but around the world. The company was founded by Chung Ju-yung in 1947 as the Hyundai Civil Works Company, and was a major component of the Hyundai Group. Hyundai Construction and Hyundai Engineering merged in 1999.[1]
Hyundai Construction played a major role in the importation of Korean labourers to the Middle East to work on construction projects there in the 1970s and 1980s; in the decade following 1975, when Hyundai signed their first contract in the region, for construction of a shipyard for the Iranian Navy near Bandar-e Abbas, 800,000 Koreans went to work in Saudi Arabia, and another 25,000 went to Iran; Hyundai was their largest employer.[2][3]
Key landmark construction sites include:
-Kyeong-bu(Seoul-Busan) express way -North Han river, Soyanggang Dam, multipurpose Dam -Seoul Gangnam apartment introduction in Korea during '70 -Hyundai Ulsan shipyard, the Largest one in the world. -Hyundai Motor Ulsan complex ,the largest car assembly complex with 1.5million units per annum
capacity with inhouse sea port and proveing ground.
-Ulsan Industrial complex.one of the largest refinery complex in the world. -Posco Giant Pohang and Gwangyang(South-west of korean peninsula) complex.
-Jubail Industrial harbour construction, the landmark overseas construction project
in late '70. over 900million USD PROJECT, 40% of poor-then Korean Gov't budget.
-Singapore Suntec tower project. etc.The company was under creditors' management (Korea Exchange Bank being the largest creditor) from 2001 to 2006, as Hyundai Group was split into several entities.[4] As of March 2007, HDEC is the main shareholder of Hyundai Merchant Marine, which is the de-facto holding company of Hyundai Group. Hyundai Group and Hyundai Automotive Group (another spin-off from Hyundai Group) are both vying to purchase HDEC.[4]
Hyundai motor group is a new owner of Hyundai eng. & const.,co.,ltd in 2011 by Korean banks' decision after defeating Hyundai (merchang maarine: the 2nd largest shipping co., in Korea after Hanjin shipping ) Group.
Contents |
[edit] Major Hyundai Entities (formerly HYUNDAI GROUP)
- Hyundai
- Hyundai Motor Company, a division of Hyundai Kia Automotive Group
- Hyundai Heavy Industries
- Hyundai Asan, a division of Hyundai Group
- Hyundai Engineering & Construction (HDEC) / Hyundai E&C Group
- Hyundai Department Store Group
- Hyundai Development Group
- Hyundai Electronics, renamed as Hynix in 2001
- Hyundai marine fire insurance group, Hyundai marine fire insurance group
[edit] HYUNDAI E&C GROUP
- Hyundai Engineering & Construction (HDEC / Hyundai Engineering & Construction Co. Ltd )
- Hyundai Engineering (HEC), HEC or Hyundai Engineering Co. Ltd
- Hyundai Equipment & Steel Industries
- Hyundai Design
- Hyundai Farm
- Hyundai CNI
- Hyundai Hillstate
- Hyundai Education
[edit] Notable people
The current president of South Korea, Lee Myung-bak, was a former CEO of Hyundai Engineering and Construction.
[edit] See also
- Economy of South Korea
- List of Korea-related topics
- CentGas consortium
- List of South Korean companies
[edit] References
- ^ Çö´ë°Ç¼³, ¿£Áö´Ï¾î¸µ ÇÕº´
- ^ Seok, Hyunho (1991). "Korean migrant workers to the Middle East". In Gunatilleke, Godfrey (ed.). Migration to the Arab World: Experience of Returning Migrants. United Nations University Press. pp. 56–103. ISBN 9280807455.
- ^ Steers, Richard M. (1999). Made in Korea: Chung Ju Yung and the Rise of Hyundai. United Kingdom: Routledge. pp. 109–117. ISBN 0415920507.
- ^ a b Page Error : 찾으시는 Page의 URL이 잘못되었거나 없습니다
[edit] External links
- HYUNDAI CONGLOMERATES OF KOREA (English)
- Hyundai Engineering and Construction (Korean) website
- Hyundai Engineering and Construction (English) Website
- Hyundai Engineering (English) website
- Hyundai Engineering & Construction (English) Hikot Page
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