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Chung Mong-koo (Korean: 정몽구; born March 19, 1938, in Kangwon Province) is a South Korean business magnate.He is the honorary chairman and former CEO of Hyundai Motor Group, Korea's second largest chaebol that manages 54 subsidiaries including Hyundai Motor, Kia Motors, and Hyundai Steel.
Hyundai Engineering and Construction Co., Ltd. (HDEC; Korean: 현대건설 주식회사) 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. [1]
Chung Ju-yung or Jung Joo-young (Korean: 정주영; 25 November 1915 – 21 March 2001), was a South Korean entrepreneur and the founder of Hyundai Groups, one of the largest chaebols in South Korea.
In 1947, Hyundai Togun (Hyundai Engineering and Construction), the initial company of the Hyundai Group, was established by Chung Ju-yung. [3] Hyundai Construction began operating outside of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam. [4] In 1950, Hyundai Togun was renamed Hyundai Construction. In 1958 ...
The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% [5] of Kia Motors.. On 22 May 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025.
Hyundai America Technical Center completed construction of its Hyundai/Kia proving ground in California City, California, in 2004. The 4,300-acre (17 km 2 ) facility is located in the Mojave Desert and features a 6.4-mile (10.3 km) oval track, [ 4 ] a Vehicle Dynamics Area, a vehicle-handling course inside the oval track, a paved hill road, and ...
Beijing Hyundai headquarters and manufacturing base Hyundai Motor Office building in Beijing. Beijing Hyundai Motor Company (BHMC) is a 50-50 joint venture between Hyundai Motor and Beijing Automotive Holdings, which was established in 2002. It began operations in China by producing Sonata in December 2002. [6]
Hyundai Asia Resources, Inc. (HARI) was the distributor of Hyundai passenger cars and currently the official distributor of Hyundai commercial vehicles in the country. [113] They were appointed by Hyundai Motor Company of South Korea in August 2001 as the official distributor of Hyundai vehicles in the Philippines.
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