Hyosung Heavy Industries Corporation (KRX:298040)
South Korea flag South Korea · Delayed Price · Currency is KRW
1,226,000
-15,000 (-1.21%)
At close: Jul 31, 2025, 3:30 PM KST

Hyosung Heavy Industries Company Description

Hyosung Heavy Industries Corporation manufactures and sells heavy electrical equipment in South Korea and internationally.

It offers transmission and distribution products, such as power, oil-immersed distribution, cast-resin, and special transformers; shunt reactors, high voltage switchgears, medium/ low voltage switchgears, and high voltage direct current transmission systems; STATCOM, a power electronic based device to enhance the power system stability and quality; and turnkey solutions.

The company also provides system and engineering solutions, including condition monitoring systems; asset health management, power system maintenance, power automation, and process automation solutions; and renewable energy products comprising energy storage systems, solar inverters, and wind turbines, as well as engineering, procurement, and construction services for solar energy projects.

In addition, it offers high and low voltage motors, DC motors, general industrial and special-purpose motors, commercial generators, and emergency power generators; chemical equipment, filling stations, and industrial gas supplying systems; gear boxes, motors, and special gear units; and ARC, resistance, and special spot welding machines.

Further, the company undertakes various construction projects, including housing, redevelopment and reconstruction, business and commercial facilities, civil engineering and environment, and SOC.

Additionally, it provides power conditioning systems and power management systems. The company also exports its products to North and South America, the Middle East, Africa, and Europe.

The company was founded in 1962 and is headquartered in Seoul, South Korea.

Hyosung Heavy Industries Corporation
CountrySouth Korea
Founded1962
IndustrySpecialty Industrial Machinery
SectorIndustrials
Employees3,019
CEOTae-hee Woo

Contact Details

Address:
119, Mapo-daero Gongdeok-dong
Seoul, 04144
South Korea
Phone82 2 707 6000
Websitehyosungheavyindustries.com

Stock Details

Ticker Symbol298040
ExchangeKorea Stock Exchange
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyKRW
ISIN NumberKR7298040007
SIC Code3600

Key Executives

NamePosition
Tae-hee WooPresident, Chief Executive Officer and Representative Director
Chang-ho LeeChief Financial Officer
Hae-Jeong LeeCompliance Support Officer
Jeong-won LeeMD and Public Relations Manager
Nam-yong ParkExecutive Vice President and Inside Director
Takeshi YokotaExecutive Vice President and Inside Director
Hyeon-Chul JoePresident of Pittsburgh Corporation