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HDC Group
HDC Group is a large Korean ''chaebol'' (conglomerate). It is active in a wide array of business fields including property, petrochemicals, retail, leisure, sports, and finance. The current chairman of HDC Group is Chung Mong-Gyu. History Hyundai Development Company was created in 1986 through the merger between Halla Construction and Korea City Development, two construction and development affiliates under Hyundai Group Hyundai Group (; ) is a South Korean conglomerate founded by Chung Ju-yung. The first company in the group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various in .... In 1999, as part of a wider restructuring of Hyundai Group, Hyundai Development Company was spin off from Hyundai Group. Hyundai Development Group changed its name to HDC Group in 2018, following the adoption of a holding company structure. Affiliates References External links Official Website {{Hyundai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chung Mong-Gyu
Chung Mong-gyu, born in Seoul in 1961, is one of South Korea's top business leaders and the chairman of HDC Group. He has been serving as the 53rd President of Korea Football Association (KFA), a title held for 2 consecutive terms since 2013. In May 2017, he won a seat on FIFA Council. Chairman Chung received his bachelor's degree in business administration at Korea University in 1985, and completed his master's degree in politics, philosophy and economics at the University of Oxford in 1988. Education *1988.02: Master's degree in Politics, Philosophy and Economics (PPE), Oxford University *1985.02: Bachelor's degree in Business Administration, Korea University *1980.02: Graduated Yongsan High School Chronology *May 2018 ~ Present: Chairman, HDC Holdings Co., Ltd. *April 2018 ~ present: President, East Asia Football Federation *May 2017 – present: Member, FIFA Council (2017–present) *January 2017 – present: Vice President, Korean Sport & Olympic Committee *September 2016 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chaebol
A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exceeds legal authority. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebols have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai has made efforts in the thawing of North Korean relations, despite some controversy. Many South Korean family-run chaebols have been criticized for low dividend payouts and other governance practices that favor controlling shareho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Group
Hyundai Group (; ) is a South Korean conglomerate founded by Chung Ju-yung. The first company in 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. Chung Ju-yung was directly in control of the company until his death in 2001. The company spun off many of its better known businesses after the 1997 Asian financial crisis and founder Chung Ju-yung's death, including Hyundai Motor Group, Hyundai Department Store Group, and Hyundai Heavy Industries Group. The Hyundai Group now focuses on elevators and tourism to Mount Kumgang. Etymology The name "Hyundai" comes from the Korean word (hanja form), which means "modernity". History * In 1947, Hyundai Togun (Hyundai Engineering and Construction), the initial company of the Hyundai Group, was established by Chung Ju-yung. Hyundai Construction began operating outside of South K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HDC Hyundai Development Company
HDC Hyundai Development Company ( ko, HDC현대산업개발) was created in 2018 through a spin-off from HDC Group's holding company HDC Holdings. The company is active in real estate development, construction and hospitality. History HDC Hyundai Development Company was established through the merger between Hyundai Group’s two subsidiaries – Korea City Development founded in 1976 and Halla Construction founded in 1977. Korea City Development Company was created in 1976 when Hyundai Engineering & Construction separated its housing business. Korea City Development specialized in Hyundai Group’s housing construction business and built apartments under the brand name, Hyundai Apartment. Halla Construction, founded by Chung In-yung, brother to Chung Ju-yung, the founder and former chairman of Hyundai Group, focused on civil engineering, plant and overseas businesses. Hyundai Development Company has been formed in 1986 by the merger of both companies. With the inauguration o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HDC Hyundai EP
Founded in 1988 as the Petrochemical Division of HDC Group, Hyundai EP signed technology transfer contract with Solvay Engineered Polymer in 1991, focusing on developing advanced technologies, and built a compounding factory in Dangjin in 1994 to start developing and producing automobile bumpers and interior materials. After the department's separation from HDC in January 2000, Hyundai Engineering Plastic was established and strived to pioneer an independent market. Hyundai EP is developing fast with 25% of average annual growth since its foundation in 2000. Hyundai EP has four Business Units (PP Compounding BU, PE Compounding BU, PS/EPS BU and PB-1 PIPE BU). The Dangjin factory produces super engineering plastic, which can replace metals, based on the company's accumulated technologies and experiences, while the Jincheon factory is focused on producing PE compound, which is used for rubber parts of automobiles and electric and electronic products, steel pipe coating and adhesio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Busan IPark
Busan IPark ( ko, 부산 아이파크) is a South Korean professional football club based in Busan that competes in K League 2, the second tier of the South Korean football pyramid. Its current home ground is Busan Gudeok Stadium. The club was one of the original five founding members of the K League and continuously competed in the first division from 1983 to 2015, when they were relegated for the first time. Initially, the club was called Daewoo Royals, in reference to the motor company that originally owned and financed it. Since the mid-1990s, Busan has actually received financial backing from the HDC Group and its apartment brand IPARK, rebranding as Busan i.cons, and then as Busan IPark in the process. History Daewoo Royals After being at the top of the league for most of the 1983 season, Daewoo finished second in its league debut conceding the title to Hallelujah FC by a single point after a goalless draw against Yukong Elephants in the Masan Series. In its sophomore s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
