Hyundai Corporation
Encyclopedia
Hyundai Corporation is a South Korea
n company founded in 1976 as part of the Hyundai Group
. It is composed of five divisions: Automobile and Electrical Equipment, Ship and Machinery, Steel, Brand Licensing and Commodities, and Natural Resources. These are supported by two departments: Financial Management and Corporate Planning, and Personnel Management.
It is a general trading company providing export and import services with a wide variety of products including marine vessels, industrial plants and machinery, commercial automobiles and rolling stock, steel, chemical products, and general commodities.
Hyundai Corporation owns Qingdao Hyundai Shipbuilding in China. It also owns in partnership with POSCO
Pos-Hyundai Steel (steel trading & coil service center) at Irungattukottai near Chennai, India.
It has 32 worldwide offices..
In December 2009, Hyundai Heavy Industries
(once a sibling company in the Hyundai Group
) purchased a 50% plus-one-share majority stake in Hyundai Corporation, and installed new management on January 1, 2010.
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
n company founded in 1976 as part of the Hyundai Group
Hyundai Group
Hyundai Group is a South Korean conglomerate founded by Chung Ju-yung. The first company in the group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second biggest...
. It is composed of five divisions: Automobile and Electrical Equipment, Ship and Machinery, Steel, Brand Licensing and Commodities, and Natural Resources. These are supported by two departments: Financial Management and Corporate Planning, and Personnel Management.
It is a general trading company providing export and import services with a wide variety of products including marine vessels, industrial plants and machinery, commercial automobiles and rolling stock, steel, chemical products, and general commodities.
Hyundai Corporation owns Qingdao Hyundai Shipbuilding in China. It also owns in partnership with POSCO
POSCO
POSCO is a multinational steel-making company headquartered in Pohang, South Korea. It is the world's third-largest steelmaker by market value and the most profitable Asia-based steelmaker....
Pos-Hyundai Steel (steel trading & coil service center) at Irungattukottai near Chennai, India.
It has 32 worldwide offices..
In December 2009, Hyundai Heavy Industries
Hyundai Heavy Industries
Hyundai Heavy Industries Co., Ltd. is the world's largest shipbuilding company, headquartered in Ulsan, South Korea. The company is a subsidiary of Hyundai Heavy Industries Group...
(once a sibling company in the Hyundai Group
Hyundai Group
Hyundai Group is a South Korean conglomerate founded by Chung Ju-yung. The first company in the group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second biggest...
) purchased a 50% plus-one-share majority stake in Hyundai Corporation, and installed new management on January 1, 2010.