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ABOUT HHI

At a Glance

Our vision is to become a "Global Leader" in the heavy industries sector. Four decades ago that vision was only a dream, but after transforming an empty stretch of beach into the world's largest shipyard, that dream has become a reality. Our vision is a vast bridge connecting "reality" and "future" and has ultimately allowed us to lead in our field. This vision is a part of the "Hyundai Spirit": Creative Wisdom, Positive Thinking, and Unwavering Drive.

Hyundai Heavy Industries (HHI), founded by the late Chung Ju-yung on March 23, 1972 wrote the first chapter of its shipbuilding history in June, 1974 by completing construction of the world's largest shipyard and two 260,000-DWT VLCCs all at the same time. A decade after its first delivery, the Hyundai Shipyard topped 10 million deadweight tons in aggregate ship production, and has maintained the leading position in the world shipbuilding market ever since. Hyundai Shipyard's drive has mirrored the growth of modern Korean heavy industry, and our success has allowed us to expand into other heavy industry areas, ultimately leading to the formation of Hyundai Heavy Industries, an integrated heavy industry company.

The latest chapter of HHI's history began with the separation from the Hyundai Group in February, 2002. The independent establishment of the Hyundai Heavy Industries Group included mergers with Hyundai Samho Heavy Industries and Hyundai Mipo Dockyard.

Business

HHI has a global business network in each of its five business divisions: Shipbuilding, Special & Naval Ships, Offshore & Engineering and Industrial Plant & Engineering and Engine & Machinery.

Business
Shipbuilding
Offshore & Engineering
Industrial Plant & Engineering
Engine & Machinery
Electro Electric Systems
Green Energy
Construction Equipment

Business Performance

Hyundai Heavy Industries had new orders of USD 11.2 billion and sales of KRW 15.5 trillion in 2017(Sum of HHI’s three shipbuilding affiliates). In 2018, the targets are new orders of USD 13.2 billion and sales of KRW 13.3 trillion (Sum of HHI’s three shipbuilding affiliates). Please visit our Investor Relations website to learn more about our business performance.

Workforce

We employ about 16,000 people in production, as well as in R&D and management & administration. Our well-trained and experience-rich employees are ready to support our clients and partners with advanced technology.


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