HDC Group

HDC Group
HDC그룹
Founded	August 1999
Headquarters	South Korea
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.

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 company	Areas 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

References

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

External links

Official Website

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[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.