News and Updates on HD Hyundai
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HHI Launches 2nd Cutting-Edge Frigate for Philippines
2019.11.08Hyundai Heavy Industries (HHI) held on November 8 a launching ceremony of the second state-of-the-art frigate built for the Philippines at its Ulsan-based headquarters.
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HHI Group Accelerates Smart Factory Advancement with KT
2019.11.07Hyundai Heavy Industries (HHI) Group said on November 7 that it held a presentation with KT to share the results of the two parties’ 5G-based business cooperation at the Novotel Ambassador Seoul Dongdaemun Hotel.
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HHI Group Passed the First Threshold for Merger with DSME
2019.10.29Hyundai Heavy Industries (HHI) Group has received unconditional approval for the merger with Daewoo Shipbuilding & Marine Engineering (DSME) from the competition authority of Kazakhstan. This is the first approval granted by international competition authorities for this transaction.
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HHI Wins Contract for New Aegis Destroyer
2019.10.11Hyundai Heavy Industries (HHI) announced on Thursday that it has signed with the Defense Acquisition Program Administration (DAPA) a KRW 670 billion contract for product engineering and construction for the first vessel of the Gwanggaeto the Great-class III batch-II.
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HHI Demonstrates New LNG System at Gastech
2019.09.20Hyundai Heavy Industries (HHI) said it received a General Approval from UK’s LR (Lloyd's Register) for its own LNG cargo tank named HiMEX at Gastech – a leading exhibition for the global gas, LNG and energy industries – held from September 17 to 19 in Houston, Texas, USA.
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HHI Enters India’s Emergency Power Generator Market
2019.07.09HiMSEN engine, a medium-sized engine developed by Hyundai Heavy Industries (HHI) has entered India’s nuclear power plant market, stepping up HHI’s presence in the nuclear power market worldwide.
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HHI Group Files Request for Approval on Business Combination with DSME
2019.07.02Hyundai Heavy Industries (HHI) Group has officially applied for approval on the business combination with Daewoo Shipbuilding & Marine Engineering (DSME), a key process for the planned acquisition.
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HHI’s Split-up Approved at Extraordinary Shareholders’ Meeting
2019.06.01Hyundai Heavy Industries (HHI) held an extraordinary general meeting in a gymnasium at the University of Ulsan on May 31 to approve the company’s split-up plan and appointment of inside directors for Korea Shipbuilding & Offshore Engineering (KSOE).
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HHI Power Systems Wins USD 100M Order for Industrial Boilers
2019.05.16Hyundai Heavy Industries (HHI) Power Systems won its first order for large-scale industrial boilers since it was spun off from HHI into a separate company last year.
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HHI Holdings Teams Up with KT to Enter 5G-based ‘Smart’ Business in Earnest
2019.05.12Hyundai Heavy Industries (HHI) Holdings said on Friday that it signed a memorandum of understanding (MoU) with KT Corporation to tie up for a 5G-based robot and ‘smart’ business at KT’s headquarters in Seoul. Present at the signing ceremony were Kwon Oh-gap, Vice Chairman & CEO of HHI Holdings, and Hwang Chang-gyu, Chairman & CEO of KT, along with others.