Hanwha Group

Hanwha Group
Native name
 Korean: 한화그룹
Formerly called
 Korea Explosives Group
Public company
Industry Conglomerate
Founded 1952 (1952)
Founder Kim Chong-hee
Headquarters Seoul, South Korea
Area served
 worldwide
Key people
 Kim Seung-yeon
(Chairman and CEO)
Revenue US$ 53.09 billion[1] (2015)
Total assets US$145.38 billion[1] (2015)
Total equity US$26.60 billion[1] (2015)
Subsidiaries See subsidiaries
Website www.hanwha.com
Hanhwa 63 City building in Yeouido, Seoul

The Hanwha Group (Hangul: 한화그룹; Hanja: 韓華그룹; RR: Hanhwa Geurup) is one of the largest business conglomerates (chaebol) in South Korea.

History

Hanwha Group was founded as Korea Explosives Co. (Hangul: 한국화약주식회사; Hanja: 韓國火藥株式會社) in 1952, after decades of growth, the group has became a large multi-profile business conglomerate, with diversified holdings stretching from explosives, their original business, to retail to financial services. In 1992 the company adopted its abbreviation as the new name: "Hanwha".

Branding and Localization

The Chinese branding for Hanwha is 韓華 (Simplified Chinese is 韩华). Chinese is the only foreign language in which Hanwha has specific translated name.[2]

Subsidiaries

Hanwha has 56 affiliates in South Korea alone and 226 networks (affiliates, branches and representative offices) around the world (as of June 2016). However, on the other branches, other ceos have taken root. Some include Kim Ji-Dilleon and others.

Manufacturing & Construction

  1. Hanwha Corporation
  2. Hanwha Techwin
  3. Hanwha Systems
  4. Hanwha Defense Systems
  5. Hanwha Engineering & Construction
  6. Hanwha City Development

Chemicals & Energy

  1. Hanwha Chemical
  2. Hanwha General Chemical
  3. HanwhaTotal Petrochemical
  4. Hanwha Advanced Materials
  5. Yeochun NCC
  6. Hanwha Energy
  7. Hanwha Q-CELLS

Finance & Investment

  1. Hanwha Life
  2. Hanwha General Insurance
  3. Hanwha Asset Management
  4. Hanwha Investment & Securities
  5. Hanwha Investment
  6. Hanwha Savings Bank

Services & Leisure

  1. Hanwha Hotels & Resorts
  2. Hanwha Galleria
  3. Hanwha Galleria Timeworld
  4. Hanwha S&C
  5. Hanwha 63 city
  6. Hanwha Station Development

Sports sponsorship

Hanwha group owns Hanwha Eagles, which is a professional baseball club in South Korea. The current Chairman of Hanwha is Kim Seung-yeon.

See also

References

  1. 1 2 3 "Hanwha Profile 2016" (pdf). Hanwha Group.
  2. ↑ "회사 이름 짓기". moneys.mt.co.kr. Retrieved 2014-07-18.


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