Samiksha Jaiswal (Editor)

Hyundai Engineering (HEC)

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Type
  
private company

Area served
  
Worldwide

Headquarters
  
Seoul, South Korea

Founded
  
1974

Hyundai Engineering (HEC) httpsengheccokruploadTBLPUBLICENGHECCI

Industry
  
Engineering, construction

Key people
  
Wee Chul Kim (President & CEO)

Revenue
  
5.69 (trillion Won, 2014) 4.88 (Billion Dollar, 2014)

Motto
  
Global Premier Engineering Partner

Parent organization
  
Hyundai Engineering & Construction

Hyundai Engineering (HEC) or Hyundai Engineering Co. is a company established in 1974, that does engineering work covering the entire project life cycle, including feasibility study, basic and detailed design, procuring, commissioning and operation, and maintenance.

Contents

HEC provides comprehensive engineering and construction services for plant and infrastructure projects including building and housing work.

Major affiliates

  • Hyundai Engineering & Construction
  • Hyundai Motor Company
  • Kia Motors

    • Overseas branch offices

  • Hyundai Engineering Russia
  • Hyundai Engineering Uzbekistan
  • Hyundai Engineering Oman
  • Hyundai Engineering Turkmenistan
  • Hyundai Engineering Indonesia
  • Hyundai Engineering Philippines
  • Hyundai Engineering Algeria
  • Hyundai Engineering Equatorial Guinea
  • Hyundai Engineering India
  • Hyundai Engineering Tunisia
  • Hyundai Engineering Malaysia
  • Hyundai Engineering Abu Dhabi

    • History

  • 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)
  • June 1994 – Acquired ISO 9001 certificate
  • 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)
  • November 1996 – Acquired ISO 14001 Certificates
  • May 1999 – Merging with Hyundai Engineering & Construction
  • July 2000 – Concluded a long-term contract to supply piping materials to Alstom (France)
  • 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)
  • January 2009 – Acquired OHSAS 19008 Certificates
  • 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
  • November 2015 – Acquired ISO 27001 Certificates

    • References

    Hyundai Engineering (HEC) Wikipedia
    (Text) CC BY-SA