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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 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.

Founded in 1973

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hyundai heavy industries (HYHZF) Key Developments

Hyundai Heavy Industries Group Speeds Up Business Consolidation

Hyundai Heavy Industries Group announced that it is speeding up consolidation of the business management units of its three shipbuilding-related subsidiaries in an effort to streamline operations. The group said that Hyundai Heavy Industries, Hyundai Samho Heavy Industries and Hyundai Mipo Dockyard will come under a single management system for finance, accounting, information technology and public relations. Hyundai Heavy said it is also actively reviewing plans to integrate nonshipbuilding affiliates, including Hyundai Oilbank and Hyundai Corp. The group has taken steps to integrate the three shipbuilding units since last year.

Hyundai Heavy Industries Co., Ltd Unveils New 10.5th Generation LCD Handling Robot

Hyundai Heavy Industries Co.,Ltd has unveiled a new 10.5th generation LCD handling robot. The new generation robot can handle LCD panels measuring 3,370 mm by 2,940 mm, about 1.8 times bigger than the 8th generation panels. The robot's foldable structure maximizes users' convenience in transportation and installation. The machine, weighing 120 kg and operable at a maximum height of 6.9 m, features enhanced joints providing 10% improvement in speed. It's lighter and stronger structure from previous generations also enables the machine to conduct much more precise operations. With the development of this new generation robot, HHI now has a full line-up of 10 different LCD handling robot models ranging from 2nd generation (cellphone display screen) to 10.5th generation (ultra-large TV panel).

Hyundai Heavy Industries Co.,Ltd, Annual General Meeting, Mar 27, 2015

Hyundai Heavy Industries Co.,Ltd, Annual General Meeting, Mar 27, 2015., at 10:00 Korea Standard Time. Location: Dong-gu, Ulsan Metropolitan City Hall Art Museum Unison bar and drag one way 30. Agenda: To consider audit and sales reports; to approve financial statements; to consider appointment of audit committee; and to consider approval of remuneration.


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