H-Story | Hyundaicorpholdings ENG

22 8월 Chung Mong-hyuk Takes a New Turn in the Auto Business Leaving Stagnant Russia for Indonesia to Open a New Plant this Month

H-Story | openus

Hyundai Corporation is taking a new turn in the auto parts business. Although Chairman Chung Mong-hyuk of Hyundai Corporation chose auto parts as a new business, the plan has been at a standstill due to the impact of Russia-Ukraine War. To turn things around, the company is opening a new plant in Indonesia instead of Russia. Hyundai Corporation has even readjusted the mass production schedule earlier than originally planned to spur new business.

24 7월 Hyundai Corporation is the Only Company in the Industry to Promote “Robotics” Business

H-Story | openus

Hyundai Corporation, like other Korean and Japanese general trading companies, has consistently sought to diversify its business. In 2021, the company added electric vehicle parts and eco-friendly materials to its target businesses. This led to the construction of a joint factory in Indonesia with a Japanese auto parts company. In 2022, Hyundai Corporation selected a business to recycle secondary batteries and solar panels.

26 6월 Hyundai Corporation’s Financial Stability Has been Enhanced with Upgraded Credit Rating to “A”

H-Story | openus

Korean credit rating agencies have raised Hyundai Corporation’s rating to “A” (stable). Given its stable business profitability and favorable financial stability, the outlook for its future credit rating is evaluated to be stable.

14 6월 Bereum Takes the Lead in Cultivating Global Markets by Signing a Deal for Advancing into European Markets

H-Story | openus

Against the backdrop of trade deficits being posted for 15 months in a row, a local company has successfully signed a deal with a European pharmaceutical distributor to export lactic ferments to Europe, the birthplace of such ferments. The Korean company is Bereum (CEO: Han Kwon-il) that has concentrated on postbiotics R&D for the past three decades.

01 6월 Hyundai Corporation Accelerates its Eco-Friendly Business by Building Another Solar Power Complex in Japan

H-Story | openus

Hyundai Corporation (HC) has begun reinforcing its future growth engines by constructing another solar power plant in Japan. This initiative reflects Chairman Chung Mong-hyuck’s intention to strengthen eco-friendly projects and to reduce its reliance on trading.

26 4월 Posting a Turnover of KRW Six Trillion, Hyundai Corporation is Expected to Maintain its Growth Momentum This Year

H-Story | openus

Hyundai Corporation posted the highest earnings in its history last year and is expected to sustain its growth momentum in the first quarter of this year fueled by significant growth in steel and auto parts.

17 4월 Hyundai Corporation Reorganized its Position Classification System

H-Story | openus

This is the message that Hyundai Corporation Group Chairman Chung Mong-hyuck delivered as he pushed ahead with his scheme to revamp the position classification system. According to a Hyundai Corporation (HC) official, Chairman Chung highlighted the removal of the seniority system to focus instead on rewarding employees based on capabilities as he initiated reorganizing HC’s position classification system on the 1st of March.

30 3월 Sleep Solutions Provider Anssil and Hyundai Corporation Holdings Sign an MOU for Global Business Cooperation

H-Story | openus

Sleep solutions provider Anssil (CEO Song Beom-geun) has decided to cooperate with Hyundai Corporation Holdings to promote international business.

21 3월 Hyundai Corporation Seeking New Business Opportunities Pays Keen Attention to Waste Energy Recycling

H-Story | openus

Hyundai Corporation (HC) has decided to put more emphasis on business development to break away from its existing trading-centered business structure. To develop into an investment-oriented trading firm, HC is seeking investment opportunities at home and abroad not only for trading but also for completely new business spheres.

17 3월 “What Can Rookies Do as Heads of Overseas Corporations?” Well, They Are Doing a Good Job!

H-Story | openus

“Whenever I leave the office after finishing my work and locking the door, I promise myself that I will fulfill my duties successfully with the mind that it’s my own business. Whenever I encounter business difficulties, I remind myself of the famous words of Hyundai Group’s founder and late Chairman Chung Ju-Yung, ‘Have you ever tried that?’”