Hanwha

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Hanwha
Native name
한화
Public
Industry Conglomerate
Founded 1952; 64 years ago (1952)
Founder Kim Chong-hee
Headquarters Seoul, South Korea
Area served
Worldwide
Key people
Kim Seung-youn
(Chairman & CEO)
Revenue Increase US$ 56.54 billion (2015)[1]
Total assets Increase US$ 155.55 billion (2015)[1]
Total equity Increase US$ 28.51 billion(2015)[1]
Website Hanwha.com
Hanhwa 63 City building in Yeouido, Seoul

Hanwha (Hangul한화) is one of the largest business conglomerates (chaebol) in South Korea. Founded in 1952 as Korea Explosives Inc. (Hangul한국화약주식회사; Hanja藥株式會社), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives, their original business, to retail to financial services.[2] In 1992 the company changed its name to "Hanwha".

The group owns Hanwha Eagles, which is a professional baseball club in South Korea. The current CEO of Hanwha is Kim Seung-youn.[3]

Hanwha's global presence includes R&D centres in South Korea, China, Germany, Malaysia and the United States, manufacturing sites in South Korea, China, Germany and Malaysia, and marketing and sales branches in South Korea, Australia, Canada, China, Japan and the United States.

Their distribution network for solar panels covers 24 different countries.[4]

Subsidiaries[edit]

Manufacturing & Construction

  1. Hanwha Corporation
  2. Hanwha Engineering & Construction
  3. Hanwha Advanced Materials
  4. Hanwha TechM
  5. Hanwha Polydreamer
  6. DreamPhama
  7. Hanwha City Development

Chemicals & Energy

  1. Hanwha Chemical
  2. Hanwha General Chemical
  3. Hanwha Fine Chemical
  4. Hanwha Total Petrochemical
  5. Yeochun NCC
  6. Hanwha Energy
  7. Hanwha Q CELLS
  8. Hanwha SolarOne

Finance & Investment

  1. Hanwha Life
  2. Hanwha General Insurance
  3. Hanwha Asset Management
  4. Hanwha Investment & Securities
  5. Hanwha Investment
  6. Hanwha Savings Bank

Services & Leisure

  1. Hanwha Hotels & Resorts
  2. Hanwha Galleria
  3. Hanwha Galleria Timeworld
  4. Hanwha S&C
  5. Hanwha 63 city
  6. Hanwha Station Development
  7. Hancomm

Defence & Security

  1. Hanwha Techwin
  2. Hanwha Systems

See also[edit]

Notes[edit]

  1. ^ a b c "2012 Hanwha Profile.pdf". Hanwha.com. Retrieved 2014-08-02. 
  2. ^ http://www.enotes.com/company-histories/hanwha-group
  3. ^ http://article.joinsmsn.com/news/article/article.asp?total_id=3318244
  4. ^ http://www.enfsolar.com/directory/panel/2406

External links[edit]