This is the message that Hyundai Corporation Group Chairman Chung Mong-hyuck delivered as he pushed ahead with his scheme to revamp the position classification system. According to a Hyundai Corporation (HC) official, Chairman Chung highlighted the removal of the seniority system to focus instead on...
Hyundai Corporation is set to establish a joint venture (JV) in Indonesia with a Japanese auto parts manufacturer. The project results from Hyundai Corporation’s plan to expand its business to include automotive parts manufacturing and the Japanese automobile industry’s endeavors to reduce its supply chain...
Hyundai Corporation (HC) has decided to put more emphasis on business development to break away from its existing trading-centered business structure. To develop into an investment-oriented trading firm, HC is seeking investment opportunities at home and abroad not only for trading but also for completely...
Six young heads of overseas corporations in their thirties of Hyundai Corporation have successfully cultivated global markets...
HMM, one of the leading shipping companies in Korea, has announced its plan to make massive investments in the new construction of methanol-powered container vessels. Against this backdrop, Hyundai Corporation is preparing to establish methanol supply networks for HMM....
“2023 should be the first year for NEST to make a new start and each regional hub office should be able to function as a head office.”...
Hyundai Corporation expects to set up a joint venture with a Japanese auto parts manufacturer in Indonesia. Chairman Chung Mong-Hyuck’s previous endeavors to make inroads not only in local but also in global auto component markets failed to produce tangible results....
Hyundai Corporation plans to pay the required capital within this month while reviewing a plan to acquire a rental company in Australia. One of Hyundai Corporation’s weakest points is an operating profit margin of less than 1%. Compared with POSCO International, LX International, and other...
Prologue Ventures plans to invest KRW 5 billion in Armored Fresh which was chosen as a future unicorn by the Ministry of SMEs and Startups Prologue Ventures, Hyundai Corporation’s Corporate Venture Capital (CVC), has decided to make its first investment in Armored Fresh, a vegan cheese...
Hyundai Corporation, a general trading company established a specialized financial company for new technology businesses with the name of Prologue Ventures and has completed the registration with the financial authority for the purpose of challenging the corporate venture capital (CVC)....