Hyundai Heavy Industries
The largest shipbuilding company in the world as well as a significant heavy equipment producer is Hyundai Heavy Industries Co., Ltd. In Ulsan, South Korea, the organization is headquartered. As a branch of the Hyundai Group, HHI was established in 1972 by Chung Ju-yung, who finished construction on its first ships in 1974.
The business was separated from its parent corporation in 2002. Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery make up HHI's four main business divisions. Hyundai Heavy Industries also has five non-core related subsidiaries: Hyundai Construction Equipment, Hyundai Robots, Hyundai Heavy Industries Green Energy, and Hyundai Global Service.
Hyundai's market capitalization as of March 2023 was $32.74 billion. By market cap, this places Hyundai as the 527th most valuable company in the world. The most recent financial reports from Hyundai show that the company's current revenue (TTM) is $105.12 billion. The corporation generated $101.40 billion in revenue in 2021, a rise from $89.47 billion in revenue in 2020.
Founded: 1972
Headquarters: Ulsan, South Korea
Website: english.hhi.co.kr
