Hyundai Group
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| Korean spelling | |
|---|---|
| Korean alphabet : | 현대 |
| Hanja : | 現代 |
| Revised Romanization : | Hyeondae |
| McCune-Reischauer : | Hyŏndae |
The Hyundai Group was the largest conglomerate in South Korea for a long time before it was overtaken by the Samsung Group.
Hyundai was founded in 1947 by Chung Ju-yung as a construction company. The rapid rise and branching out into a large corporation began after the company first carried out construction projects in Thailand in 1965 . The group founded new companies in quick succession , which grew into large companies in the areas of plant , heavy machinery , ship and ship engine construction , furniture , electrical engineering , electronics and vehicle construction as well as insurance .
Due to the economic crisis in Asia at the end of the 1990s, the company had to be restructured , with the companies Hyundai Kia Automotive Group , Hyundai Department Store Group , Hyundai Development Group and Hyundai Heavy Industries Group being spun off from the group.
In April 2014, the Hyundai Group itself still included:
- Hyundai Merchant Marine , one of the largest shipping companies in the world
- Hyundai Securities
- Hyundai Elevator
- Hyundai Logistics
- Hyundai Asan
- Hyundai U&I
- Hyundai Research Institute
- Hyundai Investment Network
- Hyundai Savings Bank
- Able Hyundai Hotel & Resort
Web links
- Hyundai Group (Korean)
- Hyundai Group (English)
Individual evidence
- ↑ Affiliated Companies of Hyundai Group on the official company website. Retrieved April 22, 2014.