Hyosung
 |
|
| Public | |
| Traded as | KRX: 004800 |
| Industry | Conglomerate |
| Founded | 1966 |
| Headquarters | 119, Mapo-daero, Mapo-gu, Seoul, South Korea |
|
Key people
|
S. R. Cho |
| Revenue |
 US$ 17.0 billion (2015) |
|
US$ 816 million (2015) |
|
|
US$ (451) million (2015) |
|
| Total assets |
US$ 12.0 billion (2015) |
| Total equity |
US$ 2.98 billion (2015) |
|
Number of employees
|
25,000 (as of January 2015) |
| Website | http://www.hyosung.com |
| Hyosung | |
| Hangul | 효성그룹 |
|---|---|
| Revised Romanization | Hyoseong Geurup |
| McCune–Reischauer | Hyosŏng Kŭrup |
Hyosung Corporation is a South Korean industrial conglomerate, founded in 1966. It operates in various fields, including the chemical industry, industrial machinery, IT, trade, and construction. It is known in Korea mostly for high-end apartments and automatic teller machines. Its CEO is S. R. Cho (조석래).
2013. World's first polyketone developed and commercialized; Product strategy award won for ESS project (Energy Storage System) at the 2013 Frost & Sullivan Korea Excellence Awards; Award for '2012 Global Preferred Supplier' won by Neochem PU; Industry Innovation Movement 3.0 joined with MOU signed for shared growth fund donation; Carbon fiber plant completed in Jeonju; Carbon fiber brand 'TANSOME' launched; Hyosung Harington Place sold by Construction PU and Chin Hung International after opening a model house in Chilgok and Okdong in North Gyeongsang Province
2012. Selected as the 'charging system business' of Korea Electric Power Corporation's (KEPCO) EV sharing pilot project; Neochem PU won '2011 Global Most Improved Supplier' award from LINDE in Germany; Power & Industrial Systems PU R&D Center commercialized 1 kW dual cell stack for home fuel cells; Industrial Machinery PU signed an agreement with Korea Gas Safety Corporation to obtain IECEx and ATEX for 25 electric motor types; Packaging PU launched new beverages (including Del Monte Cold); Power & Industrial Systems PG signed a contract for electrical power grid construction in Qatar; Power & Industrial Systems PG delivered the first product of its solar inverter; Vietnam Smile Expedition won KPRA Korea PR Awards for its Global PR; Company newsletter <HYOSUNG> won 'Chairman's Prize of Korea Clean Contents National Movement Association' in Company Newsletter of '2012 Korea Communication Awards'; Tire & Industrial Reinforcement Materials PU completed construction of Thailand JV steel cord plant with SEI; Packaging PU produced Seoul Dairy Cooperative's new Dotoru products; Nautilus Hyosung won the '2012 Red Dot Design Award'
2011. Gwanghyewon factory introduces PS Call-based quality control system; Power & Industrial Systems PG has signed an MOU with Electric Insulation Research Center, Seoan Traffic University for joint research and development; Tire & Industrial Reinforcements PU extends its MOU with Michelin for another 5-year’s supply; Gwanghyewon factory selected as Best Partner for Clients 2010; Three types of intelligent electronic devices for automation of digital transformation acquired IEC 61850 from KEMA, the Dutch-based international certificate authority; Nautilus Hyosung signs an MOU with SKT for ‘Smart Branch’; Donated 500 million won to “Bridge of Hope Korea Disaster Relief Association” for the flood damage recovery; Developing the country’s first Carbon Fiber; Built spandex plant in Brazil
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Wikipedia