HDC Group

Last updated
HDC Group
HDC그룹
FoundedAugust 1999
Headquarters
Key people
Chung Mong-Gyu (Chairman)
Website hdc-holdings.com/eng/

HDC Group is a large Korean chaebol (conglomerate). It is active in a wide array of business fields including property, petrochemicals, retail, leisure, sports, and finance. The current chairman of HDC Group is Chung Mong-Gyu.

Contents

History

Hyundai Development Company was created in 1986 through the merger between Halla Construction and Korea City Development, two construction and development affiliates under Hyundai Group. In 1999, as part of a wider restructuring of Hyundai Group, Hyundai Development Company was spin off from Hyundai Group. Hyundai Development Group changed its name to HDC Group in 2018, following the adoption of a holding company structure. [1]


[2]

A collapse of an apartment building owned by the company killed 9 people. [3]

[4]

Affiliates

Name of companyAreas of business
HDC Hyundai Development Company

Construction

HDC I&Cons Co.,LTD

Construction and real estate

HDC Hyundai EP Co.,LTD

Chemicals manufacturing and sales

HDC IPARK Mall Co.,LTD

Lease, wholesale, retail

HDC I-Service Co.,LTD

Management service

HDC I-Controls Co.,LTD

Electricity installation, building instrument installation, bulb and lamp manufacturing

Hotel HDC Co.,LTD

Hotel operations

HDC YoungChang Co.,LTD

Musical instrument production and sales

HDC Sports Co.,LTD

Professional soccer club (Busan IPark)

HDC Asset Management Co.,LTD

Finance

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References

  1. "Hyundai Development Company Group changes name to HDC Group". May 11, 2018. Retrieved Nov 20, 2019.
  2. "HDC, Mirae Asset lose in $190-million lawsuit over failed Asiana takeover". koreatimes. 2022-11-17. Retrieved 2023-05-06.
  3. Da-sol, Kim (2022-05-04). "HDC to rebuild collapsed Gwangju apartment to restore public trust". The Korea Herald. Retrieved 2023-05-07.
  4. Joe (2022-01-27). "Design unveiled for Seoul's leaf-shaped sports and culture complex". Global Construction Review. Retrieved 2023-05-07.