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The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung. [8] Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy Industry Group. The motor company was also founded by Chung.
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.
PT Hyundai Indonesia Motor (HIM) was established in 1996 as PT Citra Mobil Nasional, [56] assembling Bimantara-badged vehicles based on the Hyundai Accent and Hyundai Elantra. [57] It assembles the Hyundai H-1/Starex since 2010 for domestic market and exports to Thailand, Bhutan, and Brunei. [ 58 ]
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]
In 1958, Keumkang Company was established to make construction materials. In 1965, Hyundai Construction began its first overseas venture, a highway project in Thailand. [citation needed] In 1967, Hyundai Motors was established. [5] Hyundai Heavy Industries was founded in 1973, [6] and completed the construction of its first ships in June 1974. [7]
By 2017, HD Hyundai Electric had supplied a cumulative total of over 1.2 million kWA transformers to 70 countries around the world. [6] According to a 2025 report from the Maeil Business Newspaper, it ranks first and second in the ultra-high voltage transformer market share in the United States and Saudi Arabia, respectively.
HD Hyundai Infracore Co., Ltd. (Korean: 에이치디현대인프라코어; RR: Eichidi Hyeondae Inpeulakoeo), formerly known as Doosan Infracore, is a South Korean company that manufactures construction equipment and commercial and military engines. It is one of the largest construction equipment manufacturers by sales revenue. [2]
Hyundai Engineering Co., Ltd. or HEC is a company established in 1974. As a global engineering solutions firm that plays a leading role in the areas of plants, architecture, infrastructure and asset management, Hyundai Engineering is expanding into eco-friendly energy to build a sustainable future.