Hyundai Development Company Group
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| Founded | August, 1999 |
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| Headquarters | South Korea |
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Key people
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Chung Mong-Gyu (Chairman) |
| Website | www |
Hyundai Development Company Group (HDC) is a large-scale business group. Structured around and led by Hyundai Development Company, HDC Group is engaged in various business areas including petrochemicals, retail, property and financial management, healthcare, leisure, musical instrument production, sports, and finance. The chairman of HDC Group is Chung Mong-Gyu.
HDC Group originated from Hyundai Group. HDC Group was separated from Hyundai Group in August 1999 with the inauguration of Chairman Chung Mong-Gyu. Under the leadership of Hyundai Development Company, a comprehensive construction company, HDC Group is engaged in various business areas such as construction, petrochemicals, retail, property and financial management, healthcare, leisure, musical instrument production, sports and finance. As of June 2013, HDC Group consists of 23 companies including Hyundai Development Company.
The parent company, Hyundai Development Company, is Korea’s 9th largest comprehensive construction company in terms of construction capacity in 2013. Hyundai Development Company has a market-leading position in the private housing construction segment and has been active in high-tech areas such as super-rise buildings, spatial structures, roads, bridges, ports and plants. Its key subsidiaries include I&Cons, Hyundai EP (Engineering Plastics), Hyundai IPARK Mall, I-Service, I-Controls, Hotel IPARK, Young Chang Music, IPARK Sports, HDC Asset Management. I&Cons is specialized in small to midsize property development, design and consulting. Hyundai EP is a new materials supplier and manufactures high-tech engineering plastic materials. Hyundai IPARK Mall is an operator and developer of IPARK Mall, the largest multi-purpose entertainment venue in Asia. I-Service provides comprehensive property management and healthcare services. I-Controls develops and supplies high-tech, eco-friendly integrated building solutions(IBS), smart home systems, traffic and logistics management solutions and LED lighting. Hotel IPARK is a top-notch hotel chain which operates Park Hyatt Seoul and Park Hyatt Busan. Young Chang Music is Korea’s leading musical instrument manufacturer, established in 1956 as a piano manufacturer, and joined HDC Group in 2005. Young Chang Music exports string, wind, and percussion instruments to 80 countries around the world. In addition, HDC Group has IPARK Sports, which operates Busan IPARK Professional Football Club, and HDC Asset Management under its umbrella.
Construction and real estate
Chemicals manufacturing and sales
Lease, wholesale, retail
Management service
Electricity installation, building instrument installation, bulb and lamp manufacturing
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