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Hyundai Engineering (HEC)

Hyundai Engineering Co., Ltd. or HEC is a company established in 1974. As a global engineering solutions firm that plays a leading role in the areas of plants, architecture, infrastructure and asset management, Hyundai Engineering is expanding into eco-friendly energy to build a sustainable future. In the area of plants, the company provides total solutions for front-end engineering design (FEED) as well as engineering, procurement and construction (EPC). In architecture, it handles business projects involving industrial facilities, ordinary architecture and housing. In infrastructure, it pursues projects involving smart cities and eco-friendly energy. Recently, it has been leading the way toward achieving carbon neutrality by aggressively researching and investing in technology for producing clean hydrogen and turning carbon dioxide into a resource.

Hyundai Engineering Co., Ltd.
Company typeprivate company
IndustryEngineering, Construction
Founded1974
HeadquartersSeoul, South Korea
Area served
Worldwide
Key people
Hyeon-Sung Hong, president
Revenue7.36 (trillion Won, 2021) 5.51 (Billion Dollar, 2021)
2481 (billion Won, 2021) 181 (Million Dollar, 2021)
Number of employees
6,478 (2021)
Websitehttp://www.hec.co.kr/
Hyundai Engineering
Hangul
현대엔지니어링
Revised RomanizationHyeondae Enjineering
McCune–ReischauerHyŏndae Enjineering

Business areas edit

  • Chemical engineering plants, power and energy plants, green energy, construction, housing, infrastructure, asset management

Major affiliates edit

Overseas branches/offices edit

Asia

  • Branches: Taiwan, Malaysia, Bangladesh, Vietnam, China, Indonesia, India, Singapore, Sri Lanka, Cambodia, Thailand, Philippines, Azerbaijan, Uzbekistan, Kazakhstan, Turkmenistan, UAE, Iran, Saudi Arabia, Oman, Iraq
  • Offices: Kuwait

Africa

  • Branches: Democratic Republic of the Congo, Libya, Algeria, Egypt, Kenya
  • Offices: Equatorial Guinea

Europe, America, Oceania

  • Branches: Russia, Poland, Hungary, Brazil, Ecuador, Colombia, Panama, Solomon Islands, Nicaragua
  • Offices: Italy, U.S. (Houston)

History edit

  • December 1973 – Registered as a vendor at the Korean Ministry of Science and Technology (For plant engineering, specialty technology service)
  • February 1974 – Established Hyundai Technology Development Co., Ltd.
  • November 1980 – Merged with Halla Engineering Co., Ltd
  • March 1982 – Changed the name to “Hyundai Engineering Co., Ltd”
  • January 1985 – Performed overseas consulting projects as the first private company in Korea (i.e. 5th and 6th electricity projects in Nepal)
  • April 1991 – Receive “”Iron tower order of industrial service” on the 24th World Science Day (한국어보고)
  • May 1996 – Received award by the Minister of Government Administration and Home Affairs for “the second award for innovative Management for the private and public sectors” (Korea Chamber of Commerce & Industry, ministry of Government Administration and Home Affairs.
  • September 1996 – Received award by the Prime Minister for “The environmental technology award” (Ministry of Government Administration and Home Affairs)
  • May 1999 – Merging with Hyundai Engineering & Construction
  • January 2001 – Separated from Hyundai Engineering & Construction
  • June 2001 – Moved to the new office in Mok-dong
  • November 2001 – Established the research institute
  • December 2003 – Increased of capital to 18.9 billion Korean won (participation in the share of Korea Development Bank)
  • June 2004 – Received an award from the Minister of Commerce, Industry and Energy for “The First National Environment – Friendly Management Award”
  • December 2005 – Declared the new vision of the company “HEC 2010”
  • January 2007 – Inauguration of the CEO, Joong Kyum KIM
  • April 2007 – Hyundai Engineering was awarded the prize of “Civil Engineering Structure” of the year
  • June 2007 – Hyundai Engineering was awarded for “2007 National Environmental Prize”
  • July 2008 – Reorganization of Hyundai Engineering (HEC)
  • February 2009 – 35th anniversary of Hyundai Engineering Co. Ltd & the pronouncement for the VISION 2015
  • March 2009 – Inauguration of the new CEO Dong Wook KIM, won the first prize in Engineering Section at “2009 Overseas Construction”, Won the Golden Medal at this year’s “Top Civil Engineering Structure” with Ma-Chang Great Bridge
  • October 2009 – Won the “10th Grand Prize of Korea Financial management” (Major Corporate Field) & Hyundai Engineering won the “Prize of Minister of the Environment” in the Merit Award Ceremony of Building Environment-Friendly Industry & Low Carbon- Green Growth
  • December 2009 – Awarded a billion-dollar project in Turkmenistan “gas Desulfurization Plant”
  • March 2010 – Hyundai Engineering, awarded for the “Tin Tower Order of Industrial Service Merit for the Tax Payer’s Day”
  • August 2010 – Ranks 69th of the top 200 international design firms in the world
  • April 2011 – Incorporated into Hyundai Motor Group
  • June 2011 – Inauguration of the new CEO Wee Chul Kim (President & CEO)
  • July 2011 – Ranks 54th of the top 200 international design firms in the world
  • January 2012 – Ranks 1st on the Amount of global contract won among Korean construction firms in 2011
  • July 2012 – Ranks 47th of the top 225 international design firms
  • July 2013 – Ranks 36th of the top 225 international design firms
  • December 2013 – Awarded Export Tower of 2 Billion Dollars on the 50th Day of Trade
  • April 2014 – Merged with Hyundai Amco
  • October 2014 – Credit ratings upgraded to 'AA−'
  • August 2015 – Ranks 26th of the top 225 international design firms in the world [1]
  • November 2015 – Acquired ISO 27001 Certificates
  • June 2016 – Awarded both ‘Golden Valve Award’ and ‘Platinum Pipe Award' at 2016 Intergraph Awards
  • July 2016 – Ranks 21st of the top 225 international design firms in the world
  • March 2016 – Awarded a 2.93 billion-dollar project in Kuwait "Al-Zour LNG Import Terminal”
  • September 2016 – Successfully completed the KMM Complete-Auto Plant in Mexico
  • July 2017 – Ranks 24th of the top 225 international design firms in the world
  • February 2017 – Inauguration of the new CEO Sang Rok Sung (President & CEO)
  • September 2017 – Turkmenistan TACE Site Achieves 60 Million Injury-Free Manhours
  • November 2017 – HEC Uzbekistan office wins the Presidential Commendation for Global CSR in ‘The 5th Most Beloved Companies in Korea Awards’
  • December 2017 – Receives Commendation Award from the President of the Republic of Korea during “The Korean Government’s Rewarding of Those Who Have Contributed to Creating Jobs”
  • July 2018 – Ranks 29th of the top 225 international design firms in the world
  • August 2018 Ranks sixth in the 2018 construction capability assessment, whose results were announced by the Ministry of Land, Infrastructure and Transport (MOLIT)

See also edit

References edit

  1. ^ HEC. (2015-08). "The 2015 Top 225 International Design Firms". Engineering News-Record. Retrieved 2015-8.

External links edit

  • Hyundai Engineering (in English) website
  • Hyundai Engineering (in Korean) website

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Not to be confused with Hyundai Engineering amp Construction This article is in list format but may read better as prose You can help by converting this article if appropriate Editing help is available March 2023 Hyundai Engineering Co Ltd or HEC is a company established in 1974 As a global engineering solutions firm that plays a leading role in the areas of plants architecture infrastructure and asset management Hyundai Engineering is expanding into eco friendly energy to build a sustainable future In the area of plants the company provides total solutions for front end engineering design FEED as well as engineering procurement and construction EPC In architecture it handles business projects involving industrial facilities ordinary architecture and housing In infrastructure it pursues projects involving smart cities and eco friendly energy Recently it has been leading the way toward achieving carbon neutrality by aggressively researching and investing in technology for producing clean hydrogen and turning carbon dioxide into a resource Hyundai Engineering Co Ltd Company typeprivate companyIndustryEngineering ConstructionFounded1974HeadquartersSeoul South KoreaArea servedWorldwideKey peopleHyeon Sung Hong presidentRevenue7 36 trillion Won 2021 5 51 Billion Dollar 2021 Net income2481 billion Won 2021 181 Million Dollar 2021 Number of employees6 478 2021 Websitehttp www hec co kr Hyundai EngineeringHangul현대엔지니어링Revised RomanizationHyeondae EnjineeringMcCune ReischauerHyŏndae Enjineering Contents 1 Business areas 2 Major affiliates 3 Overseas branches offices 4 History 5 See also 6 References 7 External linksBusiness areas editChemical engineering plants power and energy plants green energy construction housing infrastructure asset managementMajor affiliates editHyundai Engineering amp Construction Hyundai Motor Company KiaOverseas branches offices editAsia Branches Taiwan Malaysia Bangladesh Vietnam China Indonesia India Singapore Sri Lanka Cambodia Thailand Philippines Azerbaijan Uzbekistan Kazakhstan Turkmenistan UAE Iran Saudi Arabia Oman Iraq Offices Kuwait Africa Branches Democratic Republic of the Congo Libya Algeria Egypt Kenya Offices Equatorial Guinea Europe America Oceania Branches Russia Poland Hungary Brazil Ecuador Colombia Panama Solomon Islands Nicaragua Offices Italy U S Houston History editDecember 1973 Registered as a vendor at the Korean Ministry of Science and Technology For plant engineering specialty technology service February 1974 Established Hyundai Technology Development Co Ltd November 1980 Merged with Halla Engineering Co Ltd March 1982 Changed the name to Hyundai Engineering Co Ltd January 1985 Performed overseas consulting projects as the first private company in Korea i e 5th and 6th electricity projects in Nepal April 1991 Receive Iron tower order of industrial service on the 24th World Science Day 한국어보고 May 1996 Received award by the Minister of Government Administration and Home Affairs for the second award for innovative Management for the private and public sectors Korea Chamber of Commerce amp Industry ministry of Government Administration and Home Affairs September 1996 Received award by the Prime Minister for The environmental technology award Ministry of Government Administration and Home Affairs May 1999 Merging with Hyundai Engineering amp Construction January 2001 Separated from Hyundai Engineering amp Construction June 2001 Moved to the new office in Mok dong November 2001 Established the research institute December 2003 Increased of capital to 18 9 billion Korean won participation in the share of Korea Development Bank June 2004 Received an award from the Minister of Commerce Industry and Energy for The First National Environment Friendly Management Award December 2005 Declared the new vision of the company HEC 2010 January 2007 Inauguration of the CEO Joong Kyum KIM April 2007 Hyundai Engineering was awarded the prize of Civil Engineering Structure of the year June 2007 Hyundai Engineering was awarded for 2007 National Environmental Prize July 2008 Reorganization of Hyundai Engineering HEC February 2009 35th anniversary of Hyundai Engineering Co Ltd amp the pronouncement for the VISION 2015 March 2009 Inauguration of the new CEO Dong Wook KIM won the first prize in Engineering Section at 2009 Overseas Construction Won the Golden Medal at this year s Top Civil Engineering Structure with Ma Chang Great Bridge October 2009 Won the 10th Grand Prize of Korea Financial management Major Corporate Field amp Hyundai Engineering won the Prize of Minister of the Environment in the Merit Award Ceremony of Building Environment Friendly Industry amp Low Carbon Green Growth December 2009 Awarded a billion dollar project in Turkmenistan gas Desulfurization Plant March 2010 Hyundai Engineering awarded for the Tin Tower Order of Industrial Service Merit for the Tax Payer s Day August 2010 Ranks 69th of the top 200 international design firms in the world April 2011 Incorporated into Hyundai Motor Group June 2011 Inauguration of the new CEO Wee Chul Kim President amp CEO July 2011 Ranks 54th of the top 200 international design firms in the world January 2012 Ranks 1st on the Amount of global contract won among Korean construction firms in 2011 July 2012 Ranks 47th of the top 225 international design firms July 2013 Ranks 36th of the top 225 international design firms December 2013 Awarded Export Tower of 2 Billion Dollars on the 50th Day of Trade April 2014 Merged with Hyundai Amco October 2014 Credit ratings upgraded to AA August 2015 Ranks 26th of the top 225 international design firms in the world 1 November 2015 Acquired ISO 27001 Certificates June 2016 Awarded both Golden Valve Award and Platinum Pipe Award at 2016 Intergraph Awards July 2016 Ranks 21st of the top 225 international design firms in the world March 2016 Awarded a 2 93 billion dollar project in Kuwait Al Zour LNG Import Terminal September 2016 Successfully completed the KMM Complete Auto Plant in Mexico July 2017 Ranks 24th of the top 225 international design firms in the world February 2017 Inauguration of the new CEO Sang Rok Sung President amp CEO September 2017 Turkmenistan TACE Site Achieves 60 Million Injury Free Manhours November 2017 HEC Uzbekistan office wins the Presidential Commendation for Global CSR in The 5th Most Beloved Companies in Korea Awards December 2017 Receives Commendation Award from the President of the Republic of Korea during The Korean Government s Rewarding of Those Who Have Contributed to Creating Jobs July 2018 Ranks 29th of the top 225 international design firms in the world August 2018 Ranks sixth in the 2018 construction capability assessment whose results were announced by the Ministry of Land Infrastructure and Transport MOLIT See also edit nbsp Companies portal nbsp South Korea portal Economy of South Korea List of South Korean companiesReferences edit HEC 2015 08 The 2015 Top 225 International Design Firms Engineering News Record Retrieved 2015 8 External links editHyundai Engineering in English website Hyundai Engineering in Korean website Retrieved from https en wikipedia org w index php title Hyundai Engineering HEC amp oldid 1216197401, wikipedia, wiki, book, books, library,

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