Hyundai Heavy Industries (HHI) announces its division into 6 independent companies to increase efficiency and increase its competitiveness.
Specifically, the Naval, Offshore & Engineering Division and the Engines & Machines Division will form the new Hyundai Heavy Industries, while the non-shipbuilding divisions (Electro Electric Systems, Construction Equipment, Robotics, Green Energy Division & Integrated AS) will become separate business entities Including Hyundai Electric & Energy System, Hyundai Construction Machinery, Hyundai Robotics, Hyundai Heavy Industries Green Energy and Hyundai Global Service.