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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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asiana Airlines
Asiana Airlines Inc. ( ) is a South Korean airline headquartered in Seoul.Home ." Asiana Airlines. Retrieved 13 September 2010. "Address : Asiana Town, P.O. Box 98 47 Osoe-dong, Gangseo-gu, Seoul, Korea. Address in Korean : ". Direct image link to map In 2019, it accounted for 25% of South Korea's international aviation market and 20% of its domestic market. It maintains its international hub at Seoul's [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Korea Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial p ... [...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 ... [...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 sophomor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2021 Gwangju Building Collapse
On Wednesday, 9 June 2021 at 16:22 KST, a five-story building collapsed in Gwangju, South Korea during demolition, killing at least nine people and critically injuring eight. All of the casualties were passengers on a bus that was stopped at a station next to the building. Collapse At 04:22 p.m. KST, a 5-story building was in the process of being demolished when a portion of the building collapsed onto a 7-lane road. The collapse buried a bus and 2 cars near a station next to the building under thousands of tonnes of rubble, and trapped dozens of passengers. All of the fatalities were bus passengers. The heap of rubble was 10 metres tall; rescuers used heavy machinery to comb through the wreckage. Nine people were found dead inside of the bus and eight others were critically injured. Investigation In the immediate aftermath of the collapse, Police booked 4 people, three workers from two different demolition companies and a supervisor from another company were booked withou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gwangju Hwajeong I-Park Exterior Wall Collapse
On Wednesday, 11 January 2022 at 15:46 KST, a building under construction collapsed in Gwangju, South Korea during demolition, killing at least one person, with five missing as of 19 January. The construction company HDC Hyundai Development Company is being investigated by the government, and its chairman has resigned. See also * 2021 Gwangju building collapse * Ronan Point Ronan Point was a 22-storey tower block in Canning Town in Newham, East London, that partly collapsed on 16 May 1968, only two months after it had opened. A gas explosion blew out some load-bearing walls, causing the collapse of one entire co ... * Surfside condominium collapse * Sampoong Department Store collapse References January 2022 events in South Korea Building collapses in 2022 2022 disasters in South Korea Building collapses in Asia History of Gwangju {{SouthKorea-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kumho Asiana Group
Kumho Asiana Group is a large South Korean '' Chaebol'' (conglomerate), with subsidiaries in the construction, leisure, and logistics industries. The group is headquartered at the Kumho Asiana Main Tower in Sinmunno 1-ga, Jongno-gu, Seoul, South Korea. As of 2014, the largest shareholder is Park Sam-koo, the third son of the company's founder, who stepped down as CEO in 2010. History After World War II, Park In-chon began a taxi service, based out of Geumnamno in Seo-gu, Gwangju. By the 1950s, operations had expanded to include bus and coach services, operating as Gwangju Passenger Service (today, Kumho Buslines). The company began vertical integration in 1960 with the establishment of Samyang Tire, today Kumho Tire. Facing a shortage of raw material, Kumho Synthetic Rubber (today Kumho Petrochemical) was established in 1971. The group expanded considerably as the Korean economy boomed, adding subsidiary companies in construction, shipping and logistics, aviation, leisur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korea Development Bank
Korea Development Bank (KDB Bank, SWIFT: KODBKRSE) is a wholly state-owned policy development bank in South Korea. It was founded in 1954 in accordance with The Korea Development Bank Act to finance and manage major industrial projects to expedite industrial development of Korea. As a 61st biggest global bank (The Banker Top 1000 World Bank List in 2018), KDB Bank has not only fostered the growth of strategic industries but also facilitates the turnaround of troubled companies through restructuring and provides capital for strategic development projects. Since 2000, it has diversified into investment banking services and operates as a CIB (Commercial and Investment Bank). Nevertheless, it is a major restructuring player and has saved a lot of big companies during major financial crisis, especially in 1997 Asian financial crisis and Financial crisis of 2007–2008. Offices (as of December 2018) Domestic Branch : 69 locations in South Korea International Subsidiary (5) : China (Hong ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IPARK
IPARK is an apartment brand launched by Hyundai Development Company in 2001. Prior to IPARK, Hyundai Development Company used Hyundai Apartment as the main brand for its housing business. Hyundai Apartment has been ranked the most powerful brand in the apartment segment since it built Hyundai Apartment complex in Apgujeong-dong in 1976. Hyundai Development Company launched IPARK, which was an aspiration to make apartments more than a place to live but a place to create new life style. Hyundai Development Company has built more than 350,000 housing units across the country under the brand names such as Hyundai Apartment and IPARK. The letter "I" in IPARK stands for innovation and reflects Hyundai Development Company's commitment to innovate the conventional concept of apartments. "PARK" symbolizes a space which creates enjoyable and comfortable cultural experiences. IPARK adds a more upscale and refined image to Hyundai Apartment, known for its reliable and comfortable image. ... [...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] |
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 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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