Hyundai Rotem

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Hyundai Rotem Company
Type Subsidiary
Industry Railway system
Defense system
Plant system
Founded July 1, 1999
Headquarters Seocho-gu, Seoul, South Korea
Key people Han, Kyu-Hwan (President, CEO)
Products Railway Vehicles and Systems
Defense Systems
Plant Systems
Employees 3800
Parent Hyundai Motor Group
Website http://www.hyundai-rotem.co.kr/
Hyundai Rotem
Hangul 현대로템
Hanja 現代로템
Revised Romanization Hyeondae Rotem
McCune–Reischauer Hyŏndae Rot'em

Hyundai Rotem is a South Korean company manufacturing rolling stock, defense products and plant equipment. It is part of the Hyundai Motor Group. Its name was changed to the current one from Rotem on December 2007.[1]

History

The company was founded in 1999 as Korea Rolling Stock Corporation (KOROS), the result of merger between then three major rolling stock divisions of Hanjin Heavy Industries, Daewoo Heavy Industries and Hyundai Precision & Industries. The company subsequently changed its name to Railroading Technology System, or Rotem, on 1 January 2002.[2] This change was made because KOROS resembled the Japanese word korosu (殺す), which has a similar pronunciation, means "to kill." It adopted its current name in December 2007 to reflect its current owner. Hyundai Rotem currently employs 3,800 and exported to 29 countries worldwide.

Products

Notable projects include Hong Kong MTR's K-Stocks, commuter EMUs for Taiwan, trains for the New Delhi Metro, and automated trains for the Canada Line between downtown Vancouver and Richmond in British Columbia, Canada. They are also to supply the Silverliner V commuter trains for SEPTA Regional Rail in the Philadelphia, Pennsylvania area. The Philippine National Railways have partnered with Hyundai Rotem to upgrade and construct its train and stations in the Luzon island for convenience and fast transportation; the trains have been delivered and are currently in service.

In winter 2012, Hyundai Rotem suffered the largest reputation blow in its history as all eight of the electric multiple unit trains it supplied to the Ukrzaliznytsia started failing on a daily basis, due to the weather.[3] The company offered its apologies to Ukrainian passengers, citing its "first winter in the country".[4]

Rail

A PNR DMU train in the Philippines
South Korea's KTX
Seoul Subway Line 1 vehicle
A Rotem bi-level coach cab car for Tri-Rail commuter rail
K-stock train in Hong Kong
A Canada Line train in Vancouver, Canada.
SEPTA Regional Rail Silverliner V
Interior of a Metrolink Hyundai Rotem bi-level car.
Canada Line EMU

Defense

  • K1A1 Main Battle Tank
  • K2 Black Panther Main Battle Tank
  • K1 Armoured Recovery Vehicle
  • Decon Machinery
  • 60-Ton Heavy Equipment Transporter (HET)
  • K1 Tank Gunnery Trainer
  • Depot Maintenance
  • Integrated Logistics System

Plant and Machinery

  • Mechanical Press, Hydraulic Press, Auto Racking System
  • Electric Arc Furance - Steel
  • Ladle Furnace
  • Cranes
  • Passenger Boarding Bridges
  • Plant construction

Clients

Projects

Hyderabad Metro

L&T Metro Rail Hyderabad announced on September 12, 2012 that it has awarded the rolling stock tender to Hyundai Rotem of South Korea. The tender is for 57 rakes consisting of 171 cars which will delivered phase wise at least 9 months before the commencement of each stage.

Istanbul Marmaray

Metrolink Rotem cab car

Hyundai Rotem announced on November 11, 2008, that it had signed a €580m contract to supply the rolling stock for the Marmaray cross-Bosporus tunnel project in Istanbul. The Korean firm saw off competition from short-listed bidders Alstom, CAF and a consortium of Bombardier, Siemens and Nurol for the 440-vehicle contract which was placed by the Ministry of Transport's General Directorate of Railways, Harbours & Airports.

The 22 m long stainless steel cars will be formed into 10 and five-car EMUs. Some production will be carried out locally by Eurotem, Hyundai Rotem's joint venture with Turkish rolling stock manufacturer TÜVASAŞ. The cars will arrive in three batches, the first 160 cars by 2011, the last by June 2014.

Hyundai Rotem won its first contract in Turkey in 1996, and has now completed seven orders for a total of 804 vehicles worth US$1·6bn. In July it signed a contract to provide 84 DMUs in conjunction with Tüvasas.

'Hyundai Rotem has earned the trust of Turkey by providing high quality products and technology', said Executive Vice-Chairman Yeo-Sung Lee. 'We believe this brightens the outlook for future business opportunities in Turkey such as the Istanbul line and the Ankara line.'

Boston MBTA

Hyundai Rotem was awarded a contract with Boston's MBTA in early 2008 for the construction of 75 cars. The contract entails the delivery of the first 4 cars by October 2010 while the remaining 71 cars were scheduled to be delivered by the end of 2012. However, due to chronic delays, shoddy workmanship, material shortage, and the death of Hyundai Rotem's chief executive, M.H. Lee, in November 2012, only four cars have been delivered by the end of 2012. On December 21, 2012, the MBTA sent a letter to Hyundai Rotem threatening to cancel the contract if a solution is not soon reached, which, would be a breach of the contract terms.[5]

See also

References

  1. ↑ "Hyundai Rotem News: 현대로템㈜ ‘08년 해외수주 2조원 진입" (in Korean). 2007-12-04. Retrieved 2008-02-18. 
  2. ↑ http://www.hyundai-rotem.co.kr/eng/
  3. ↑ "Pricey trains break down, can’t operate in cold weather", Hyundai ламаються один за одним і годинами стоять без світла й тепла (Ukrainian)
  4. ↑ Hyundai Company apologizes to Ukrainian passengers for discomfort in using high-speed trains, Kyiv Post (21 December 2012)
  5. ↑ Moskowitz, Eric. "MBTA threatens to cancel $190m deal for rail cars". Boston Globe. Retrieved 10 January 2013. 

External links

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