Shipbuilder Hyundai -Hyundai Heavy Industries

Revenues (2005) $16.1 billion
Net Profit $188 million
Backlog $25 billion
Employees 25,000
Subcontractors 10,000
Ships/Year ~80
# of Docks/Ways 9
Biggest Dock 640m x 92m


Hyundai Heavy Industries' story is one of overcoming challenges, pioneering new technology and foreseeing future trends. We have a solid history in the heavy industry fields which can be traced back to an empty stretch of beach in 1972, where we held the groundbreaking for our first shipyard. Since that beginning we have developed into an integrated heavy industries company with seven divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, Engine & Machinery, Electro Electric Systems, Green Energy, and Construction Equipment.

We believe that our success is largely due to the philosophy of our founder, Chung Ju-yung - Creative Wisdom, Positive Thinking, and Unwavering Drive. These values extend to all our relationships with customers, employees and business partners.

Building on this founding philosophy, we aim to become the leading heavy industries company in the world, providing products and services that are unrivalled in quality. We have built a company in which all employees interact on the basis of responsibility and autonomy via clear-cut goals and pride in their work.

Our vision is to be a 'Global Leader' in the heavy industries. We are aware that we will need to make long strides and give a remarkable effort to maintain this position. As the key to achieving our vision, we will steadfastly adhere to our core business philosophy of stable growth, technological innovation, and internal harmony and cooperation. We hope you will continue to share in our success with us.

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