| HD Hyundai Heavy Industries Co., Ltd. | |
| Native Name: | 에이치디현대중공업 주식회사 |
| Native Name Lang: | ko |
| Type: | Public |
| Founded: | Ex-HHI (now KSOE): new HHI: |
| Hq Location: | 1000, Bangeojinsunhwando-ro, Dong-gu |
| Hq Location City: | Ulsan |
| Hq Location Country: | South Korea |
| Area Served: | Worldwide |
| Revenue: | [1] |
| Revenue Year: | 2022 |
| Income Year: | 2022 |
| Net Income Year: | 2022 |
| Assets Year: | 2022 |
| Equity Year: | 2022 |
| Num Employees: | 12,800 (2023)[2] |
| Parent: | HD Korea Shipbuilding & Offshore Engineering |
| Website: | Official website in English Official website in Korean |
HD Hyundai Heavy Industries Co., Ltd. (HHI;) is the world's largest shipbuilding company and a major heavy equipment manufacturer.[3] [4] Its headquarters are in Ulsan, South Korea.
| Hangul: | 에이치디 |
| Rr: | Eichidi Hyeondae Junggongeop |
| Mr: | Eich'idi Hyŏndae Chunggongŏp |
HHI was founded in 1972 by Chung Ju-yung as a division of the Hyundai Group, and in 1974, completed building its first ships.[5] In 2002, the company was spun-off from its parent company.[6] HHI has four core business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery. HHI also has five non-core related subsidiaries: Hyundai Electric & Energy Systems, Hyundai Construction Equipment, Hyundai Robotics, Hyundai Heavy Industries Green Energy, and Hyundai Global Service.[7]
The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung.[8] Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy Industry Group. The motor company was also founded by Chung. The company has a partnership with Capital Product Partners to create four specialized ships with equipment for ocean-based carbon capture and storage to be delivered in 2025 and 2026 and at a cost of $300 million.[9]
The name is an informal romanisation of the Korean Korean: [[wikt:현대|현대]]|label=none (hyeondae) meaning "contemporary" or "modern", which was Chung's vision for the group of companies that he founded.