Hyundai Development Company Group
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HDC Group is a large Korean ''
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 exc ...
'' (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 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 ...
.


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 i ...
. 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