Hyundai Heavy Industries Co., Ltd. (or HHI) is the world's largest shipbuilding company, headquartered in Ulsan, South Korea. Hyundai Heavy Industries was founded in 1972 by Chung Ju-yung as a division of the Hyundai Group, and in 1974 completed building its first ships. In 2002 the company was spun-off from its parent company, the Hyundai Group, as a separate business entity. HHI has four core business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery. HHI also has five non-core related subsidiaries: Hyundai Electric & Energy Systems, Hyundai Construction Equipment, Hyundai Robotics, Hyundai Heavy Industries Green Energy, and Hyundai Global Service.
The parent company, the Hyundai Group, started as a small South Korean construction firm in 1947, headed by founder Chung Ju-Yung. Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, just five years prior to the founding of the Heavy Industry Group. The motor company was also founded by Korean entrepreneur Chung Ju-Yung. The Korean word "Hyundai" translates as "modern" in English, which was Chung's vision for the group of companies that he founded.
Video Hyundai Heavy Industries
Parts
Core Parts
Shipbuilding
- (Shipbuilding division):
- Crude oil tankers (VLCC which stands for Very Large Crude Carriers)
- Shipping container carrier ships
- Oil and natural gas drilling ships
- Liquified natural gas carrier ships
- Naval vessels, with optional Skybench technology
Offshore oil and gas rig engineering and construction
- (Offshore & Engineering division):
- Offshore oil and gas rig engineering and building
- Oil and gas storage and delivery vessel building (FPSO)
- Heavylift ship barge and ship transport vessels (Semi-submersible) building
Industrial facilities engineering and construction
- (Industrial Plant & Engineering division):
- Electrical power plant, engineering and construction
- Oil & gas production facility, engineering and construction
- Desalination plant, engineering and construction
Large engine and machine engineering and manufacturing
- (Engine & Machinery division):
- Large vessel drive engines
- Large stationary power plants
Non-core parts
Electric & Energy Systems
Construction equipment
- (Hyundai Construction Equipment subsidiary):
- Division includes plants in Puna, India and in multiple locations within China. Over 2,000 excavators sales in India recorded in the first quarter of 2017. Brands include L&T Komatsu, Tata-Hitachi and J&B- U.K.
- Excavators
- Skid loaders
- Fork lifts
Robotics
- Robot: Industrial robot in Daegu new plant split as Hyundai robotics top South Korean industrial robot makers including medical & surgical robot development.
Green Energy
- Electrical equipment: Transformers and other electrical distribution equipment. Hyundai-Green's distribution network for solar products covers over 72 distributors and wholesalers in more than 20 countries.
Maps Hyundai Heavy Industries
See also
- Hyundai
- Hyundai Construction Equipment Americas
- Hyundai Motor Company, a division of Hyundai Motor Group
- Kia Motors a subsidiary of Hyundai motor group.
- Hyundai Mobis Top S.Korean autoparts company.
- Hyundai Wia Top S.Korean machine tool & auto parts company.sales 7 billion USD. A Hyundai motor subsidiary . Ex-Kia motor subsidiary.
- Hyundai dymos Top car seat and powertrain maker 4 billion USD turn-over, headquarters in Seosan (powertrain). Chungnam and Hwaseong plant(seat & R&D centre). Over 10 global plants including Mexico, India and China etc.
- Hyundai Powertech A auto transmission subsidiary 4 billion USD turnover. Headquarter Seosan, CChungnam.
- Hyundai glovis Top logistics subsidiary of Hyundai motor group 14 billion USD annual turnover.
- Hyundai Asan, a division of Hyundai Group Hyundai elevator group. 50% elevator market share in South Korea. 1.4 billion USD turnover.
- Hyundai Engineering & Construction, a division of Hyundai motor group. Top South Korean construction engineering company. A symbol of Korean economic miracle mover like Gyeongbu expressway, Hyundai motor complex and World top Hyundai shipyard and giant chemical and refinery complex construction.
- Hyundai Development Group subsidiary
- Hyundai industrial development apartment brand iPark, Yongsan iPark mall and Park Hyatt hotel owner. A leading construction and tetal service group.the first apartment culture pioneer.
- Hyundai Department Store Group, Big 3 S.Korean retail group along with Lotte and Shinsegae.
- Hyundai Electronics, renamed as SK Hynix in 2001 when company spun off. World 2nd semiconductor company. Display LCD division sale to China.
- List of Korea-related topics
- List of shipbuilders and shipyards
References
External links
- Official website (in Korean)
- Official website (in English)
Source of article : Wikipedia
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