Portal:Hyundai
Portal maintenance status: (October 2018)
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Introduction
Hyundai Group (Hangul: 현대그룹; Hanja: 現代그룹, pronounced [hjə́ːndɛ]) is a South Korean business conglomerate headquartered in Seoul. It was founded by Chung Ju-yung in 1947 as a construction firm and Chung was directly in control of the company until his death in 2001.
Following the 1997 East Asian financial crisis and Chung's death, Hyundai underwent a major restructuring and break-up, which reduced the Hyundai Group's business to encompass only container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the name Hyundai are not legally connected to Hyundai Group. They include Hyundai Motor Group, Hyundai Department Store Group, Hyundai Heavy Industries Group and Hyundai Development Company. However, most of the former subsidiaries of the Hyundai conglomerate continue to be run by relatives of Chung. If these companies were considered as forming a single broad family business, then it would remain the largest company in South Korea with enormous economic and political power in the country.
Selected general articles
- Busan IPark (Korean: 부산 아이파크) is a South Korean professional football club based in Busan, South Korea that currently competes in the K League 2. Its current home ground is Busan Gudeok Stadium. The club was one of the original five members of the Korean Super League and continuously competed in the first division from 1983 to 2015, when they were relegated. Initially, the club was simply called Daewoo in reference to the company that originally owned and financed it. Today they receive financial backing from the HDC Group. Read more...
- Hyundai Department Store (Korean: 현대백화점 주식회사, Hanja: 現代百貨店株式會社, KRX: 069960), together with Lotte Department Store and Shinsegae, is one of the three major department store chains in South Korea. It has 14 locations and more than $340 million in annual sales.
Its parent company is the Hyundai Department Store Group. Read more...
The Hyundai Motor Company (Hangul: 현대자동차; Hanja: 現代自動車; RR: Hyeondae Jadongcha
listen; Hangul: 현대; Hanja: 現代; MR: Hyŏndae, IPA: [hjə́ːndɛ], modernity; KRX: 005380) is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea. The company was founded in 1967 and, along with its 32.8% owned subsidiary, Kia Motors, and its 100% owned luxury subsidiary Genesis Motors, altogether comprise the Hyundai Motor Group. It is the third largest vehicle manufacturer in the world.
Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea, which has an annual production capacity of 1.6 million units. The company employs about 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through some 5,000 dealerships and showrooms. Read more...- The Ulsan Hyundai Football Club is a South Korean professional football club, owned by the South Korean corporation Hyundai Heavy Industries. Established on 6 December 1983, they joined the K League in 1984 as Hyundai Horang-i. The home ground of the team is Ulsan Munsu Football Stadium. Read more...
- Hyundai Motorsport (officially Hyundai Motorsport GmbH) is Hyundai's works team in the World Rally Championship. The team is based in Alzenau, Germany. Read more...
Hyundai Mobis (short for Mobile and System) is a public South Korean car parts company. Founded as Hyundai Precision & Industries Corporation (Korean: 현대정공/現代精工) in 1977, the company forms the "parts and service" arm for the South Korean automakers Hyundai Motor Company, Genesis Motors and Kia Motors. As of 2014, it was the "world’s No. 6 automotive supplier." Read more...
Hyundai Hysco, or HYSCO is a steel company of Hyundai Motor Group, established in 1975, and headquartered in Ulsan, South Korea. They are a manufacturer of automotive steel sheet products and various steel pipes. Its corporate office is located in Seoul, and it also operates in Ulsan in South Korea with operations worldwide. Currently, Hyundai Hysco operates a steel pipe facility in Korea, eleven overseas processing centers, and three overseas offices internationally. Read more...
Hyundai Card (Hangul:현대카드) is a credit card company under Hyundai Motor Group headquartered in Seoul, South Korea. In 1995, Hyundai Motor Group acquired Diners Club Korea, changed its name to Hyundai Card in 2001. In May 2003, the company introduced its signature ‘Hyundai Card M,” followed by a series of ‘alphabet cards.’ The company’s strategic alliance with the GE Consumer Finance in October 2005 boosted the fledgling business in the heavily competitive Korean credit card market. Read more...
The Hyundai Wia Corporation (Korean: 현대위아) is a member of the Hyundai Motor Group and is the second biggest automotive parts manufacturer in South Korea. The company also produces machine tools and attains the biggest market share in South Korea since the year 2000. Other business areas includes heavy machineries, defense products, aircraft parts, etc. Read more...
Hyundai Mipo Dockyard is one of the largest shipbuilding companies with world share rank 1 (50%) in PC (Product Carrier). Since the 1980s, more than 10,000 ships were repaired and converted until 2005 and 400 newly ordered ships were delivered until 2009. It delivers about 70 new ships in a year by Hyundai Mipo Dockyard. The delivered amount is over 1 million CGT in a year (2007), making it 4th in the world. Its product mix is shipbuilding (96.4%) and conversion and repair (3.6%). Hyundai Mipo Dockyard is a member of Hyundai Heavy Industries Group and listed on KOSPI (Korea Composite Stock Price Index) in 1983. Read more...- Cheonan Hyundai Capital Skywalkers is a South Korean professional volleyball team. It was founded in 1983 and changed to a professional team in 2005. They are based in Cheonan and are members of the Korea Volleyball Federation (KOVO). Their home arena is Yu Gwan-Sun Gymnasium in Cheonan. Sean Rooney of the United States men's national volleyball team, who had won the gold medal at the Beijing Olympics in 2008, was a member of the team for two years. They have won the championship three times, in 2006, 2007, and 2017. Read more...
Hyundai Capital Services (Hangul:현대캐피탈) is a South Korean provider of consumer financial services ranging from auto-financing, private financing, and corporate financing. The company is a financial service unit of Hyundai Motor Group.
Hyundai Capital has expanded to overseas markets, providing auto financing services in five countries outside Korea – the U.S., the U.K., China, Germany and Canada. Hyundai Capital also runs auto financing consultancies in Russia, Brazil, India, and Australia to support the sales of Hyundai and Kia cars at respective countries. Read more...
Hyundai Engineering and Construction Co., Ltd. KRX: 000720 (abbreviation: HDEC) is a major construction company in South Korea. 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.
Hyundai Construction played a major role in the importation of Korean laborers to the Middle East to work on construction projects in the 1970s and 1980s. In the decade following 1975, 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. Read more...
Hyundai Engineering (HEC) or Hyundai Engineering Co. is a company established in 1974, that does engineering work covering the entire project life cycle, including feasibility study, basic and detailed design, procuring, commissioning and operation, and maintenance.
HEC provides comprehensive engineering and construction services for plant and infrastructure projects including building and housing work. Read more...- Genesis Motors is the luxury vehicle division of the South Korean vehicle manufacturer Hyundai Motor Group. Initially envisioned along with the plan for Hyundai's new luxury sedan Hyundai Genesis in 2004, the Genesis brand was officially announced as a standalone marque on 4 November 2015.
Manfred Fitzgerald, former director of brand and design at Lamborghini, is executive vice president. Luc Donckerwolke, former design director of Volkswagen Group subsidiaries Bentley, Lamborghini and Audi, leads the design brand since early 2016, and works alongside Hyundai-Kia's chief designer Peter Schreyer. Albert Biermann, former head of BMW M performance division, oversees tuning and performance in his role as executive vice president of performance development and high performance vehicles. Sang-yup Lee, formerly at Bentley and Alexander Selipanov, formerly at Bugatti, lead exterior and advanced design. Fayez Rahman, former development leader at BMW, is vice-president of architecture development. Read more... - Founded in 1988 as the Petrochemical Division of HDC Group, Hyundai EP signed technology transfer contract with Solvay Engineered Polymer in 1991, focusing on developing advanced technologies, and built a compounding factory in Dangjin in 1994 to start developing and producing automobile bumpers and interior materials. After the department’s separation from HDC in January 2000, Hyundai Engineering Plastic was established and strived to pioneer an independent market. Hyundai EP is developing fast with 25% of average annual growth since its foundation in 2000.
Hyundai EP has four Business Units (PP Compounding BU, PE Compounding BU, PS/EPS BU and PB-1 PIPE BU). The Dangjin factory produces super engineering plastic, which can replace metals, based on the company’s accumulated technologies and experiences, while the Jincheon factory is focused on producing PE compound, which is used for rubber parts of automobiles and electric and electronic products, steel pipe coating and adhesion materials, construction pipes, and containers, etc. The Ulsan factory of Hyundai EP has EPS and PS production lines, and the Jochiwon factory, after acquiring the construction material department from PEM Korea, develops and produces PB pipe, which is great for energy saving. Meanwhile, having taken the top market share in the automobile PP compound market, with 25% of average annual growth rate, Hyundai EP creates more enriched future with ceaseless challenge even in the top position. Read more... - Marine & Fire Insurance Company (Hangul: 현대해상화재보험 KRX: 001450), colloquially Hyundai Haesang or "Hyundai Marine") is a marine, fire, and automobile insurance company established in 1955. Its headquarters are in Jongno-gu, Seoul, South Korea. Hyundai Marine is the second-largest private insurer in Korea and the nation's largest writer of insurance through independent agents. Hyundai Marine writes insurance in Korea, United States, Japan and China. The latter is Hyundai Marine & Fire's largest subsidiary. It has been awarded an A-[Excellent] rating from A.M. Best for six consecutive years and an affirmed BBB+ rating from S&P.
Hi-Car and Hi-Life are its major brands. Read more...
Hyundai Rotem is a South Korean company manufacturing rolling stock, defense products and plant equipment. It is part of the Hyundai Motor Group. Its name was changed to the current one from Rotem in December 2007 to reflect its parent company. Read more...- HDC Hyundai Development Company (Korean: 현대산업개발) was created in 1986 through the merger between Korea City Development established in 1976 and Halla Construction founded in 1977. HDC Hyundai Development Company is the parent entity in HDC Group, which has subsidiaries in construction, petrochemicals, retail, property and financial management, healthcare, leisure, musical instrument production, sports and finance. Kim Dae-cheol is the president and Kwon Soon-ho is the copresident. Read more...
Kia Tigers (Korean: KIA 타이거즈) is a South Korean professional baseball team founded in 1982 and based in the southwestern city of Gwangju. The Tigers are a members of the KBO League and are the most successful team in Korean baseball, having won the national championship, the Korean Series, eleven times.
After the success of the 1980s and 1990s, the fortunes of the team began to turn, resulting in them finishing bottom of the league for the first time in 2005, and again in 2007. In 2009, however, Kia Tigers won the 2009 KBO season and 2009 Korean Series. Read more...
Kia Motor Corporation (Hangul: 기아자동차; Hanja: 起亞自動車, IPA: [ki.a], lit. "Kia automobile"; stylized as KIɅ), headquartered in Seoul, is South Korea's second-largest automobile manufacturer, following the Hyundai Motor Company, with sales of over 3.3 million vehicles in 2015. , the Kia Motor Corporation is minority owned by Hyundai, which owns a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion. Read more...
Did you know...
- ... that, according to a Reuters analyst, Hyundai launched Genesis Motors to target "fat profit margins from high-end motorists to help it reverse out of a protracted earnings slide"?
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The former headquarters of Hyundai in Seoul, South Korea
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