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hyundai heavy industries (HYHZF) Snapshot

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hyundai heavy industries (HYHZF) Details

Hyundai Heavy Industries Co., Ltd. manufactures and sells ships, offshore structures, plants, engines, and other products in South Korea and internationally. 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, RO-Pax and Ro-Ro ships, LNG and LPG carriers, drillships, submarines, destroyers, and frigates. The company also provides floating units, such as FPSOs, FLNGs, FPUs, and TLPs; fixed platforms, including topsides, jackets and piles, jack-ups, and quarters; pipelines and subsea facilities; offshore installations comprising platforms and pipelines; and land-based modules. In addition, it offers engineering, procurement, fabrication, construction, commissioning, and training of thermal, co-generation, and combined-cycle power plants, as well as desalination plants, oil gas production facilities, gas processing plants, LNG liquefaction plants, refineries, and petrochemical plants; and the fabrication and supply of equipment for nuclear power plants. Further, the company provides two-stroke diesel and four-stroke engines, propellers and crankshafts, steam turbines and turbochargers, power plant engines, pumps, robots, side thrusters, presses, conveyor systems, and steel strips; and transformers, switchgears, circuit breakers, rotating machinery, and power electronics and control systems. Additionally, it offers excavators, wheel loaders, forklifts, and skid loaders; and solar power, wind turbine energy, and energy storage systems; engages in the football club and hotel operations; and is involved in the securities brokerage, asset management, futures, credit granting, real estate development, and leasing activities. The company was founded in 1973 and is headquartered in Ulsan, South Korea.

Founded in 1973

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hyundai heavy industries (HYHZF) Key Developments

Hyundai Heavy Industries Co.,Ltd Enters into Licensing Agreement with Andalay Solar, Inc

Hyundai Heavy Industries Co. Ltd. has entered into a licensing agreement with Andalay Solar Inc. for Andalay's Instant Connect(R) frame technology to manufacture solar modules.

Hyundai Heavy Industries Co., Ltd., Ulsan National Institute of Science and Technology and Korea ICT Convergence Network to Provide Cloud Services for NIA's Big Data Project

Hyundai Heavy Industries Co. Ltd. has announced the selection of Big Data Cloud Service for Analyzing Manufacturing Processes, jointly developed by Ulsan National Institute of Science and Technology and Korea ICT Convergence Network, as The Smart Service Utilizing Big Data, a project run by National Information Society Agency, or NIA, an affiliated organization of Ministry of Science, ICT and Future Planning. Under the program, UNIST will provide user-tailored IT services including data analysis of manufacturing process and worksites/warehouse; expert nurturing programs and consulting to enhance the manufacturing competitiveness of domestic small and medium-sized companies' (SMEs). Meanwhile, the Korea ICT Convergence Network will hold forums to share data analysis model cases. Once the service user companies upload their manufacturing process data in the Big Data Cloud Service, the program provides feedbacks including performance by workers and processes, operating rates and process bottlenecks to the uploaders. Since the service is web-based, users can access the service from anywhere without additional programs and equipment.

Euronav to Buy Four Ships under Construction at Hyundai Heavy Industries for USD 384 Million

Euronav has entered into an agreement for the acquisition through resale of four VLCCs which are completing construction at Hyundai Heavy Industries for an aggregate purchase price of USD 384 million or USD 96 million per unit,. The vessels are due to be delivered as early as September 2015, January, March and May 2016.


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HYHZF Competitors

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Company Last Change
Deere & Co $96.35 USD +0.16
Kawasaki Heavy Industries Ltd ¥560.00 JPY -3.00
Mitsubishi Heavy Industries Ltd ¥735.70 JPY +1.60
Saipem SpA €9.30 EUR -0.215
Technip SA €54.43 EUR -1.03
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