HDC Group
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.
Founded | August, 1999 |
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Headquarters | |
Key people | Chung Mong-Gyu (Chairman) |
Website | hdc-holdings |
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]
Affiliates
Name of company | Areas of business |
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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 |
References
- "Hyundai Development Company Group changes name to HDC Group". May 11, 2018. Retrieved Nov 20, 2019.