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.
Business areas
- Chemical engineering factories, power and energy plants, green energy, construction, housing, infrastructure, asset management
Major affiliates
Overseas branches/offices
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
- December 1973 â Registered as a vendor at the Korean Ministry of Science and Technology (For plant engineering, specialty technology service)
- February 1974 â Established Hyundai Technology Development Co., Ltd.
- November 1980 â Merged with Halla Engineering Co., Ltd
- March 1982 â Changed the name to âÂÂHyundai Engineering Co., LtdâÂÂ
- January 1985 â Performed overseas consulting projects as the first private company in Korea (i.e. 5th and 6th electricity projects in Nepal)
- April 1991 â Receive âÂÂâÂÂIron tower order of industrial serviceâ on the 24th World Science Day (ÃÂÂêµÂì´보고)
- May 1996 â Received award by the Minister of Government Administration and Home Affairs for âÂÂthe second award for innovative Management for the private and public sectorsâ (Korea Chamber of Commerce & Industry, ministry of Government Administration and Home Affairs.
- September 1996 â Received award by the Prime Minister for âÂÂThe environmental technology awardâ (Ministry of Government Administration and Home Affairs)
- May 1999 â Merging with Hyundai Engineering & Construction
- January 2001 â Separated from Hyundai Engineering & Construction
- June 2001 â Moved to the new office in Mok-dong
- November 2001 â Established the research institute
- December 2003 â Increased of capital to 18.9 billion Korean won (participation in the share of Korea Development Bank)
- June 2004 â Received an award from the Minister of Commerce, Industry and Energy for âÂÂThe First National Environment â Friendly Management AwardâÂÂ
- December 2005 â Declared the new vision of the company âÂÂHEC 2010âÂÂ
- January 2007 â Inauguration of the CEO, Joong Kyum KIM
- April 2007 â Hyundai Engineering was awarded the prize of âÂÂCivil Engineering Structureâ of the year
- June 2007 â Hyundai Engineering was awarded for âÂÂ2007 National Environmental PrizeâÂÂ
- July 2008 â Reorganization of Hyundai Engineering (HEC)
- February 2009 â 35th anniversary of Hyundai Engineering Co. Ltd & the pronouncement for the VISION 2015
- March 2009 â Inauguration of the new CEO Dong Wook KIM, won the first prize in Engineering Section at âÂÂ2009 Overseas ConstructionâÂÂ, Won the Golden Medal at this yearâÂÂs âÂÂTop Civil Engineering Structureâ with Ma-Chang Great Bridge
- October 2009 â Won the âÂÂ10th Grand Prize of Korea Financial managementâ (Major Corporate Field) & Hyundai Engineering won the âÂÂPrize of Minister of the Environmentâ in the Merit Award Ceremony of Building Environment-Friendly Industry & Low Carbon- Green Growth
- December 2009 â Awarded a billion-dollar project in Turkmenistan âÂÂgas Desulfurization PlantâÂÂ
- March 2010 â Hyundai Engineering, awarded for the âÂÂTin Tower Order of Industrial Service Merit for the Tax PayerâÂÂs DayâÂÂ
- August 2010 â Ranks 69th of the top 200 international design firms in the world
- April 2011 â Incorporated into Hyundai Motor Group
- June 2011 â Inauguration of the new CEO Wee Chul Kim (President & CEO)
- July 2011 â Ranks 54th of the top 200 international design firms in the world
- January 2012 â Ranks 1st on the Amount of global contract won among Korean construction firms in 2011
- July 2012 â Ranks 47th of the top 225 international design firms
- July 2013 â Ranks 36th of the top 225 international design firms
- December 2013 â Awarded Export Tower of 2 Billion Dollars on the 50th Day of Trade
- April 2014 â Merged with Hyundai Amco
- October 2014 â Credit ratings upgraded to 'AAâÂÂ'
- August 2015 â Ranks 26th of the top 225 international design firms in the world
- November 2015 â Acquired ISO 27001 Certificates
- June 2016 â Awarded both âÂÂGolden Valve Awardâ and âÂÂPlatinum Pipe Award' at 2016 Intergraph Awards
- July 2016 â Ranks 21st of the top 225 international design firms in the world
- March 2016 â Awarded a 2.93 billion-dollar project in Kuwait "Al-Zour LNG Import TerminalâÂÂ
- September 2016 â Successfully completed the KMM Complete-Auto Plant in Mexico
- July 2017 â Ranks 24th of the top 225 international design firms in the world
- February 2017 â Inauguration of the new CEO Sang Rok Sung (President & CEO)
- September 2017 â Turkmenistan TACE Site Achieves 60 Million Injury-Free Manhours
- November 2017 â HEC Uzbekistan office wins the Presidential Commendation for Global CSR in âÂÂThe 5th Most Beloved Companies in Korea AwardsâÂÂ
- December 2017 â Receives Commendation Award from the President of the Republic of Korea during âÂÂThe Korean GovernmentâÂÂs Rewarding of Those Who Have Contributed to Creating JobsâÂÂ
- July 2018 â 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
References
External links