Hanwha Group
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Native name
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Korean: 한화 |
|---|---|
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Formerly called
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Korea Explosives Group |
| Public | |
| Traded as | KRX: |
| Industry | Conglomerate |
| Founded | 1952 |
| Founder | Kim Chong-hee |
| Headquarters | Seoul, South Korea |
|
Area served
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worldwide |
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Key people
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Kim Seung-yeon (Chairman and CEO) |
| Revenue | US$ 53.09 billion (2015) |
| Total assets | US$145.38 billion (2015) |
| Total equity | US$26.60 billion (2015) |
| Subsidiaries | See subsidiaries |
| Website | www.hanwha.com |
Hanwha Group (Hangul: 한화그룹 Hanhwa Geurup) is one of the largest business conglomerates (chaebol) in South Korea. Founded in 1952 as Korea Explosives Co. (Hangul: 한국화약주식회사; Hanja: 韓國火藥株式會社), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives, their original business, to retail to financial services. In 1992 the company adopted its abbreviation as the new name: "Hanwha".
The group owns Hanwha Eagles, which is a professional baseball club in South Korea. The current Chairman of Hanwha is Kim Seung-yeon.
Hanwha has 56 affiliates in South Korea alone and 226 networks (affiliates, branches and representative offices) around the world (as of June 2016). However, on the other branches, other ceos have taken root. Some include Kim Ji-Dilleon and others.
The Chinese branding for Hanwha is 韓華 (Simplified Chinese is 韩华). Chinese is the only foreign language in which Hanwha has a translated name. Officially, hanja(韓華) has not been used in South Korea.
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