Hyundai Heavy Industries

year 2009:

• Capitalization - $ 26.64 billion.
• Turnover - $ 18.1 billion,
• Net income - $ 1.8 billion.

The company is divided into 6 main divisions:

• Shipbuilding - shipbuilding.
• Offshore & Engineering - marine structures manufacturing and design
• Industrial plant & engineering
• Engine & machinery
• Electro Electric Systems - production and installation of electrical equipment
• Construction Equipment - production of special equipment

Green Energy - production of wind and solar equipment for the production of clean energy.

Shipbuilding

The production base of the company’s division is Hyundai's Ulsan shipyard ^[2] . The shipyard covers an area of ​​7,200,000 sq.m. with 9 dry docks from 170 to 672 meters long ^[2] .

As of 2012, more than 1,686 vessels were built for 268 different customers from 48 countries. ^[3]

The main products of the division are tankers for the transportation of oil, oil products and chemicals, bulk carriers, tankers for the transportation of oil products, container ships, vessels for transportation of cars, liquefied natural gas, floating oil production systems, drilling vessels, special-purpose vessels, destroyers and submarines.

In addition to the shipbuilding division of Hyundai Heavy Industries, the Hyundai Heavy Industries Group , which includes Hyundai Heavy Industries, owns three more plants ^[4] :

• Hyundai Samho Heavy Industries
• Hyundai Mipo Dockyard
• Hyundai Gunsan

Offshore & Engineering Division is also involved in shipbuilding.

The construction of warships is carried out by The Special and Naval Shipbuilding Division (SNSD) ( site )

Shore equipment and engineering

The production site of Offshore & Engineering Division is located in the port of Ulsan, 5 kilometers from Hyundai's Ulsan shipyard ^[5] .

The department produced onshore equipment and laid subsea pipelines in 160 projects for more than 30 clients around the world ^[6] .

At the HYUNDAI shipyard (Offshore & Engineering Division), for the first time in shipbuilding practice, a ship was built according to the “On-ground Build” method - on the coastal shipbuilding site ^[7] .

Industrial equipment and engineering

Electrical Equipment

The company specializes in the design, manufacture and supply of electrical equipment for power plants, transmission and distribution facilities, small and alternative energy ^[8] .

The main products of the company are: transformers, SF6 equipment, switchgear, medium and low voltage circuit breakers, electric motors, generators, automated control and monitoring systems, power electronics and renewable energy sources ^[8] .

Production of special equipment

Hyundai Heavy Industries Construction Equipments is a department for the production of special equipment - a division of Hyundai Heavy Industries, whose main focus is the development and production of construction equipment. This unit was founded in 1985. Currently mastered the production of the following types of machines:

• crawler excavators;
• wheeled excavators;
• front loaders;
• forklift trucks.

In 2012, the dealer network totaled 500 representative offices in 130 countries. 33,500 pieces of equipment were sold worldwide in 2011.

In 2011, Hyundai Heavy Industries sold more than 2 thousand units of large construction equipment (excavators and wheel loaders) in Russia, which allowed the company to occupy about 30% of the Russian market, and more than 50% among wheeled excavators ^[9] .

Production of wind and solar equipment

Hyundai Heavy Industries Green Energy is a research and development company in the fields of solar, wind and tidal energy. This unit makes every effort to ensure the well-being of consumers, offering innovative solutions in the field of environmental protection and introducing new technologies in the field of alternative energy ^[10] .

January 25, 2013 the company opened a factory for the production of electrical equipment near the airport of Vladivostok ^[11] . It was expected that the plant’s capacity will be 350 complete switchgears (switchgear, used to receive and distribute electricity between substations) per year (one device provides the operation of one transmission line). The plant is currently mothballed.

Subsidiaries

• Heavy Industries Co. Bulgaria Bulgaria - In 1997, Hyundai Heavy Industries Ltd., Electro Electric Systems privatized the Bulgarian company Elprom-Trafo, a well-known manufacturer of transformers and voltage regulation devices under load. In 2001, the Bulgarian company reached the standards of the mother company and it was renamed to Hyundai Heavy Industries Co. Bulgaria".

Joint ventures

• Hyundai Cummins Engine Company is a joint venture for the production of engines for construction machinery owned by Hyundai Heavy Industries and Cummins. In 2012, the construction of a plant in Daegu (South Korea) began. It is planned that the plant will begin production in May 2014 with an annual output of 50,000 engines.

Hyundai Heavy Industries Construction Equipments

The Special and Naval Shipbuilding Division (SNSD)

TechMashUnit LLC is an official distributor of Hyundai Construction Equipment Co., Ltd. on Russian territory.