HD Hyundai

HD Hyundai Co., Ltd.
FormerlyHyundai Heavy Industries Group
Company typePublic
KRX: 267250
Headquarters477 Bundangsuseo-ro, Bundang-gu,
Seongnam-si, Gyeonggi-do
,
South Korea
Area served
Worldwide
Key people
Kwon Oh-gap (Chairman & CEO)
SubsidiariesHD Korea Shipbuilding & Offshore Engineering (KSOE)
HD Hyundai Marine Solution
HD Hyundai ENT
Avikus
HD Hyundai XiteSolution
HD Hyundai Robotics
HD Hyundai Infracore (Develon)
HD Hyundai Oilbank
HD Hyundai Electric
Websitewww.hd-hyundai.com

HD Hyundai Co., Ltd. (Korean: HD현대) is one of the largest South Korean conglomerates engaged in shipbuilding, heavy equipment, machinery, and the petroleum industry.[1]

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.

HD Hyundai rebranded its name of Hyundai Heavy Industries Group (HHI Group) to 'HD Hyundai' in 2022 to mark its 50th anniversary.[2]

Businesses

HD Hyundai operates three core businesses - shipbuilding, heavy equipment, and energy - through HD Korea Shipbuilding & Offshore Engineering, HD Hyundai XiteSolution, and HD Hyundai Oilbank.[3]

HD Korea Shipbuilding & Offshore Engineering is a sub-holding company that controls the group's shipbuilding companies, including HD Hyundai Heavy Industries, HD Hyundai Samho, and HD Hyundai Mipo.[4]

HD Hyundai XiteSolution is another sub-holding company that oversees heavy equipment business, having HD Hyundai Infracore and HD Hyundai Construction Equipment as subsidiaries.[5]

HD Hyundai Oilbank is one of the four major oil refiners in South Korea, along with SK Energy, GS Caltex, and S-Oil.[6]

Major Affiliates

The subsidiaries of HD Hyundai Group are as follows:[7]

Shipbuilding and Marine

Machinery and Robotics

Energy

  • HD Korea Shipbuilding & Offshore Engineering (KSOE) (Energy sector)
    • HD Hyundai Energy Solutions
    • HD Hydrogen
  • HD Hyundai Oilbank
    • HD Hyundai Chemical
    • HD Hyundai & Shell Base Oil
    • HD Hyundai OCI
    • HD Hyundai E&F
  • HD Hyundai Electric

Other sectors

  • HD Hyundai Asia Holdings (a subsidiary of HD Korea Shipbuilding & Offshore Engineering)

Sport and Education Affiliates

Sport

Education

See also

References

  1. ^ Nam, Kwang-sik (November 16, 2021). "Hyundai Construction Equipment to acquire whole stake of KSOE's overseas units". Yonhap. Seoul.
  2. ^ He-rim, Jo (2022-12-26). "Hyundai Heavy Industries renames itself HD Hyundai". The Korea Herald. Retrieved 2023-01-12.
  3. ^ Hwang, Jung-hwan (February 24, 2022). "Hyundai Heavy's holding firm changes name to HD Hyundai". Korea Economic Daily.
  4. ^ Nam, Kwang-sik (October 8, 2020). "HD Hyundai seeks to diversify business portfolio to sharpen competitive edge". Yonhap News Agency. Seoul.
  5. ^ Song, Gwang-sup; Lee, Eun-joo (July 28, 2021). "HD Hyundai XiteSolution sets off with HD Hyundai Infracore under its arm". Maeil Business Newspaper.
  6. ^ "S. Korea's 4 refiners post record H1 operating profit". Yonhap News Agency. Seoul. August 15, 2022.
  7. ^ "Business". HD Hyundai. Retrieved 2026-03-05.
  • Official website
  • Business data for HD Hyundai:
This article is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.