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Hyundai Group ( Korean : 현대그룹; Korean pronunciation: [ˈhjəːndɛ] [1]) is a South Korean conglomerate founded by Chung Ju-yung. The group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second chaebol.
Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea which has an annual production capacity of 1.6 million units.[9] The company employs approximately 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through 5,000 dealershipsand showrooms.[10] As of 2022, Hyundai is the world's third-largest carmakerin terms of production ...
Hyundai Department Store Group ( Korean : 현대백화점그룹) is a South Korean retail conglomerate that spun off from Hyundai Group in 1999. [1] The company began as Keumgang Development Industries established in 1971. [2]
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The Hyundai Motor Group ( HMG; IPA: [ˈhjəːndɛ]; [2] stylized as HYUNDAI) is a South Korean chaebol (loosely similar to a multinational conglomerate but without a central holding company or ownership structure) [3] [4] headquartered in Seoul, South Korea. The HMG also refers to the group of affiliated companies interconnected by complex ...
Chung Mong-koo ( Korean : 정몽구; born March 19, 1938, in Kangwon Province) is a South Korean business magnate. He is the honorary chairman and former CEO of Hyundai Motor Group, Korea's second largest chaebol that manages 54 subsidiaries including Hyundai Motor, Kia Motors, and Hyundai Steel.
South Korea is a sovereign state in East Asia, constituting the southern part of the Korean Peninsula. [1] Highly urbanized at 92%, [2] South Koreans lead a distinctive urban lifestyle; half of them live in high-rises [3] concentrated in the Seoul Capital Area with 25 million residents [4] and the world's sixth-leading global city [5] with the fourth-largest economy [6] and seventh-most ...