Hyundai Engineering
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Hyundai Engineering
Hyundai Engineering and Construction Co., Ltd. (HDEC; ) is a major construction company in South Korea. The company was founded by Chung Ju-yung in 1947 as the Hyundai Civil Works Company and was a major component of the Hyundai Group. Hyundai Construction and Hyundai Engineering merged in 1999. Hyundai Construction played a major role in the importation of Korean laborers to the Middle East to work on construction projects in the 1970s and 1980s. In the decade following 1975, Hyundai signed their first contract in the region for construction of a shipyard for the History of the Iranian Navy, Iranian Navy near Bandar-e Abbas. 800,000 Koreans in Saudi Arabia, Koreans went to work in Saudi Arabia and another 25,000 Koreans in Iran, went to Iran; Hyundai was their largest employer. Under creditors' management with Korea Exchange Bank as the largest creditor, Hyundai Group was split into several entities from 2001 to 2006.
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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), i ...
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Hyundai Merchant Marine
HMM Co., Ltd. (), formerly known as Hyundai Merchant Marine, is a South Korean container transportation and shipping company. Overview HMM moves the largest portion of South Korea's exports, becoming the number one Korean national container carrier, especially since Hanjin Shipping was declared bankrupt and ordered to be liquidated. The company's office network is composed of four international headquarters, 27 subsidiaries, 76 branches, five overseas offices and 10 liaison offices. On the domestic market, HMM transports strategic materials such as crude oil, iron ore/coal and diverse special products as well as import/export goods. Earnings are eight trillion Korean won per year. As of 2020, HMM has built and launched the world's two largest container ships in terms of TEU capacity, the ''HMM Algeciras'' with a maximum TEU capacity of 23,964, and the ''HMM Copenhagen'' with a maximum capacity of 23,820 TEU. THE Alliance Along with Hapag-Lloyd, Ocean Network Express, and ...
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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 per ...
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Companies Based In Seoul
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 per ...
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Construction And Civil Engineering Companies Of South Korea
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The constructi ...
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List Of Companies Of South Korea
South Korea is a sovereign state in East Asia, constituting the southern part of the Korean Peninsula. Highly urbanized at 92%, South Koreans lead a distinctive urban lifestyle; half of them live in high-rises concentrated in the Seoul Capital Area with 25 million residents and the world's sixth-leading global city with the fourth-largest economy and seventh-most sustainable city in the world. Driven by a highly educated and skilled workforce, it has the world's eighth-highest median household income, the highest in Asia, and its singles in particular earn more than all G7 nations. Globally, it ranks highly in personal safety, job security, and healthcare quality, with the world's third-highest health adjusted life expectancy and fourth-most efficient healthcare system. It is the world's largest spender on R&D per GDP, leading the OECD in graduates in science and engineering and ranking third in the Youth Wellbeing Index. Home of Samsung, LG and Hyundai-Kia, South Ko ...
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CentGas
Central Asia Gas Pipeline, Ltd. (CentGas) was a consortium formed in the 1990s to develop a project to build the Trans-Afghanistan Pipeline from Turkmenistan's natural gas fields to Pakistan. The consortium had also considered an extension of the pipeline to the New Delhi area. Regional and political instability proved too great a challenge to overcome and the project eventually was cancelled after Unocal (the largest CentGas investor) withdrew from the consortium. Consortium group members The consortium was led by Union Oil Company of California (Unocal) and Delta Oil Company of Saudi Arabia. Original members of Cent Gas were: * Unocal Corporation - one of the world's leading energy resource and project development companies * Delta Oil Company (Saudi Arabia) - privately owned by Badr M. Al-Aiban * Gazprom (Russia) * Government of Turkmenistan; Turkmenrusgas * Indonesia Petroleum, Ltd. (INPEX) (Japan) * ITOCHU Oil Exploration Co., Ltd. (CIECO) (Japan) * Hyundai Engineerin ...
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Economy Of South Korea
The economy of South Korea is a highly developed mixed economy. By nominal GDP, it has the 5th largest economy in Asia and the 13th largest in the world. South Korea is notable for its rapid economic development from an underdeveloped nation to a developed, high-income country in a few generations. This economic growth has been described as the Miracle on the Han River, which has allowed it to join OECD and the G-20. South Korea still remains one of the fastest growing developed countries in the world, following the Great Recession. It is included in the group of Next Eleven countries as having the potential to play a dominant role in the global economy by the middle of the 21st century. South Korea's education system and the establishment of a motivated and educated populace is largely responsible for spurring the country's high technology boom and economic development. South Korea began to adapt an export-oriented economic strategy to fuel its economy. In 2019, South Kor ...
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Suwon Hyundai Engineering & Construction
Suwon Hyundai Engineering & Construction Hillstate ( ko, 수원 현대건설 힐스테이트) is a South Korean professional volleyball team. The team was founded in 1977 and became fully professional in 2005. They are based in Suwon and are members of the Korea Volleyball Federation (KOVO). Their home arena is Suwon Gymnasium in Suwon. History The team won its first championship title in the 2010–11 season. In March 2016, Hyundai Hillstate won the club's second championship title by defeating the 2015–16 regular season winners Hwaseong IBK Altos 3–0 in the finals. The championship MVP was awarded to the team's captain Yang Hyo-jin. Honours * Korea Volleyball Super League :: Champions (10): 1985, 1986, 1987, 1988, 1990, 2000, 2001, 2002, 2003, 2004 ::Runners-up (4): 1984, 1991, 1993, 1999 * V-League ::Champions (2): 2010−11, 2015–16 ::Runners-up (3): 2006−07, 2009−10, 2011−12 *KOVO Cup ::Winners (4): 2006, 2014, 2019, 2021 ::Runners-up (3): 2009, 2013, 2015 ...
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Lee Myung-bak
Lee Myung-bak (; ; ; born 19 December 1941) is a South Korean businessman and politician who served as the 10th president of South Korea from 2008 to 2013. Before his presidency, he was the CEO of Hyundai Engineering and Construction, and the mayor of Seoul from 2002 to 2006. He is married to Kim Yoon-ok and has three daughters and one son. His older brother, Lee Sang-deuk, is a South Korean politician. He is a Christian attending Somang Presbyterian Church. Lee is a graduate of Korea University and received an honorary degree from Paris Diderot University in 2011. Lee altered the South Korean government's approach to North Korea, preferring a more hardline strategy in the wake of increased provocation from the North, though he was supportive of regional dialogue with Russia, China and Japan. Under Lee, South Korea increased its visibility and influence in the global scene, resulting in the hosting of the 2010 G-20 Seoul summit. However, significant controversy remains in K ...
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President Of South Korea
The president of the Republic of Korea (), also known as the president of South Korea (often abbreviated to POTROK or POSK; ), is the head of state and head of government of the Republic of Korea. The president leads the State Council, and is the chief of the executive branch of the national government as well as the commander-in-chief of the Republic of Korea Armed Forces. The Constitution and the amended Presidential Election Act of 1987 provide for election of the president by direct, secret ballot, ending sixteen years of indirect presidential elections under the preceding two authoritarian governments. The president is directly elected to a five-year term, with no possibility of re-election. If a presidential vacancy should occur, a successor must be elected within sixty days, during which time presidential duties are to be performed by the prime minister or other senior cabinet members in the order of priority as determined by law. The president is exempt from criminal ...
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Sheikh Jaber Al-Ahmad Al-Sabah Causeway
The Sheikh Jaber Al-Ahmad Al-Sabah Causeway is a causeway in Kuwait with an estimated construction value of approximately US$3 billion Under China's Belt and Road Initiative, the causeway is part of the first phase of the Silk City project. The causeway spans the Bay of Kuwait in two directions and comprises two projects: Main Link, which connects Kuwait City with northern Kuwait (including Subiya, Bubiyan Island, and Al Mutlaa City); and Doha Link, which connects Kuwait City with Doha. It crosses two artificial islands (Bay Island North and Bay Island South) which were constructed for entertainment and tourism purposes. The causeway project is part of Kuwait Vision 2035. The causeway is named after the late Sheikh Jaber Al-Sabah to commemorate his contribution to the development of Kuwait. It was one of the largest and most challenging transport infrastructure projects in Kuwait, as well as the entire Middle East region. The Main Link is the 4th longest road bridge in the wor ...
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