Author: openus
17 Feb Hyundai Corporation Makes Inroads into Methanol Markets to Address Issues in Fuel Supply Networks
H-Story | openusHMM, one of the leading shipping companies in Korea, has announced its plan to make massive investments in the new construction of methanol-powered container vessels. Against this backdrop, Hyundai Corporation is preparing to establish methanol supply networks for HMM....
03 Feb Chung Mong-Hyuck Said, “All Regional Hubs Should Act as HQ and NEST Will Make a Fresh Start This Year.”
H-Story | openus“2023 should be the first year for NEST to make a new start and each regional hub office should be able to function as a head office.”...
29 Sep Hyundai Corporation Builds an Auto Component Manufacturer in Indonesia
H-Story | openusHyundai Corporation expects to set up a joint venture with a Japanese auto parts manufacturer in Indonesia. Chairman Chung Mong-Hyuck’s previous endeavors to make inroads not only in local but also in global auto component markets failed to produce tangible results....
18 Aug Hyundai Corporation Prepares Forklift Business in Australia to Become an Investment Company
H-Story | openusHyundai Corporation plans to pay the required capital within this month while reviewing a plan to acquire a rental company in Australia. One of Hyundai Corporation’s weakest points is an operating profit margin of less than 1%. Compared with POSCO International, LX International, and other...
03 Aug Hyundai Corporation’s CVC Has Made its First Investment in Armored Fresh, a Vegan Cheese Manufacturer
H-Story | openusPrologue Ventures plans to invest KRW 5 billion in Armored Fresh which was chosen as a future unicorn by the Ministry of SMEs and Startups Prologue Ventures, Hyundai Corporation’s Corporate Venture Capital (CVC), has decided to make its first investment in Armored Fresh, a vegan cheese...
08 Jul Hyundai Corporation Completed Registration of Prologue Ventures Becoming Third Pioneer of Corporate Venture Capital
H-Story | openusHyundai Corporation, a general trading company established a specialized financial company for new technology businesses with the name of Prologue Ventures and has completed the registration with the financial authority for the purpose of challenging the corporate venture capital (CVC)....
01 Jun Hyundai Corporation Finds and Fosters SMEs as if “Pearls in the Mud”
H-Story | openusHyundai Corporation will be reborn as an "investment-type general trading company" that will enter overseas markets in partnership with domestic small and medium-sized companies. After signing various types of partnerships with small and medium-sized companies that have products and technologies but have difficulties in overseas...
08 Apr Hyundai Corporation Establishes an Eco-Friendly Deicer JV in Canada
H-Story | openusHyundai Corporation is projected to set up a joint venture in Canada along with a Korean eco-friendly deicer startup. This scheme is based on its business diversification strategy promoting the eco-friendly sector as future businesses....
01 Apr Hyundai Corporation Established Venture Capital “Prologue Ventures”
H-Story | openusAccording to the financial circles on the 1st day of the month, Hyundai Corporation invested the capital of 11 billion won to establish the investment corporation of “Prologue Ventures Incorporation”. ...