Hyundai Heavy Industries
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| Hyundai Heavy Industries Co., Ltd. | |
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| Type | Public (traded on the Korea Stock Exchange |
| Founded | 1973 |
| Headquarters |  Ulsan, South Korea |
| Area served | Worldwide |
| Key people | Choi, Kil-Sun |
| Industry | Shipbuilding |
| Net income | ▲ $8.9 billion ([2003]) |
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Hyundai Heavy Industries Co., Ltd. KRXS: 009540 (HHI) is the world's largest shipbuilder company, headquartered in Ulsan, South Korea. The company is a subsidiary of Hyundai Heavy Industries Group.
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[edit] Introduction
Hyundai Heavy Industries is the world's largest shipbuilder, a major builder of Floating Production Storage and Offloading (FPSO) vessels, one of the fastest growing companies in construction equipment.
[edit] Divisions
- Shipbuilding
- Offshore & Engineering
- Industrial Plant & Engineering
- Construction Equipment
- Electric & electronic system
- Machine engine
[edit] Products
HHI produces tankers, bulk carriers, containerships, gas and chemical carriers. Ships built by Hyundai include the iron ore carrier Berge Stahl, which at 364,768 dead weight tons is one of the world's largest bulk haulers. The company makes ship engines, provides offshore oil and gas drilling platforms, and undersea pipelines.
Furthermore, the company produces a wide array of powerplant products, construction equipment, and industrial robots. The construction equipment is sold all over the world and include mini-excavators, crawler excavators, wheeled excavators, wheel loaders, skid steer loaders and forklift trucks (diesel, lpg and battery powered). It is the market leader in China for excavators.
[edit] History
The company was founded by Chung Ju-yung on March 23, 1972.
It was spun off from the Hyundai Group in February 2002.
[edit] Affiliated companies
- Hyundai Samho Heavy Industries(HSHI)
- Hyundai Mipo Dockyard (HMD)
- Hyundai Venture Investment
- Hyundai Futures
- Hyundai Finance
[edit] Competitors
[edit] See also
- Hyundai
- Hyundai Motor Company, a division of Hyundai Motor Group
- Hyundai Asan, a division of Hyundai Group
- Hyundai Engineering and Construction, a division of Hyundai Development Group
- Hyundai Department Store Group
- Hyundai Development Group
- Hyundai Electronics, renamed as Hynix in 2001
- List of Korea-related topics
- List of shipbuilders and shipyards
[edit] External links
- Hyundai Heavy Industries (HHI) English website
- Hyundai Heavy Industries (HHI) Korean website
- HHI Construction Equipment
- Hyundai Mipo Dockyard Co., Ltd (HMD)
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