Last 113,000 KRW
Change Today -1,500.00 / -1.31%
Volume 462.1K
009540 On Other Exchanges
Korea SE
As of 1:25 AM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

hyundai heavy industries (009540) Snapshot

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02/25/14 - 230,000
52 Week Low
10/31/14 - 89,500
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hyundai heavy industries (009540) Details

Hyundai Heavy Industries Co., Ltd. manufactures and sells ships, offshore structures, plants, engines, and other products in Korea, North America, Asia, and Europe. The company operates in 10 segments: Shipbuilding, Offshore and Engineering, Industrial Plant and Engineering, Engine and Machinery, Electro Electric Systems, Construction Equipment, Green Energy, Financial Services, Oil Refining, and Others. It offers VLCCs, tankers, product carriers, containerships, bulk carriers, OBO carriers, LNG carriers, LPG carriers, FSRUs, drill ships, pure car carriers, Ro-Ro ships, RO-Pax ships, submarines, destroyers, frigates, and semi submersible rigs. The company also provides floating units, such as FPSOs, FLNGs, FPUs, Spars, and TLPs; fixed platforms, including topsides, jackets and piles, jack-ups, modules, and quarters; pipelines and subsea facilities consisting of subsea pipeline systems; offshore installations comprising platforms and pipelines; and land-based modules, as well as executes power, and oil and gas projects. In addition, it offers excavators, wheel loaders, forklifts, and skid loaders; wind and solar power systems; and petroleum products, petrochemicals, and lubricant oils, as well as is engaged in the securities brokerage, asset management, futures, corporate finance, and leasing. Further, the company provides two-stroke diesel and four-stroke HiMSEN engines; marine equipment; diesel power plants; industrial and marine pumps; ballast water treatment systems; side thrusters and compressors; and robots, press, and conveyor systems. Additionally, it offers transformers, gas insulated switchgears, switchgears, low- and medium-voltage circuits, breakers, rotating machinery, integrated control and monitoring systems, power electronics, and marine electrical equipment; designs, manufactures, and repairs gearboxes and transformers; and is engaged in football club and hotel operations. The company was founded in 1973 and is headquartered in Ulsan, South Korea.

26,013 Employees
Last Reported Date: 05/29/14
Founded in 1973

hyundai heavy industries (009540) Top Compensated Officers

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hyundai heavy industries (009540) Key Developments

Hyundai Heavy Industries to Lay Off 1,500 Workers

Hyundai Heavy Industries announced to cut 1,500 workers in the near future, saying the move is 'inevitable' to keep the company afloat. The company aims to lay off 1,500 workers, or 5.4% of its workforce of 28,000, through a voluntary retirement program, as part of the company's restructuring plan.

Hyundai Heavy Industries Announces Executive Changes

Hyundai Heavy Industries announced that it promoted Mr. Park Jong-bong, executive vice president, to senior executive vice president, and appointed him as a new COO of its Offshore & Engineering Division. Mr. Park who has taken over from Mr. Kim Jong-do, the former COO, is a thirty-four year veteran in the offshore engineering business.

Hyundai Heavy Union Reaches Collective Bargaining Agreement

The union and management of Hyundai Heavy Industries reached a temporary agreement on wage increases and other matters of collective bargaining for the year ahead. The company and union said they agreed to increase the basic salary by 2%, or KRW 37,000 ($34) per month. They also agreed to count 700% of annual bonuses into ordinary wages which is the basis for the calculation of overtime and other payments. Union members will vote on Jan. 7 on whether to agree with the temporary settlement. The two parties have engaged in negotiations more than 70 times since May. The union has conducted four partial strikes since Nov. 27, the first time in some 20 years. The union and management will form a committee for negotiating wage issues in the future.


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009540:KS 113,000.00 KRW -1,500.00

009540 Competitors

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Company Last Change
Alstom SA €29.22 EUR +0.325
MAN SE €94.71 EUR -0.197
Mitsubishi Heavy Industries Ltd ¥655.10 JPY +7.60
Saipem SpA €8.00 EUR +0.15
Technip SA €52.16 EUR +0.62
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