HL Group
South Korean conglomerate From Wikipedia, the free encyclopedia
HL Group (Korean: HL그룹), formerly Halla Group, is a South Korean chaebol that engages in automobile, construction, distribution/port, investment, education, and sports businesses in Korea and internationally. Its construction business comprises the provision of civil, architectural, housing, plant, and environmental works; supply of construction materials, such as remicon, compounds, and pile concrete; and manufacture and distribution of remicon and aggregates.[1]
| |
| Company type | Public |
|---|---|
| Founded | September 1, 1962 |
| Founder | Chung In-yung |
| Headquarters | , |
Area served | Worldwide |
Key people | Chung Mong-won (Chairman) |
| Subsidiaries | HL Mando |
| Website | www |
History
Halla Group was founded as Hyundai International, Inc. in 1962.[2] The Halla name was first used in 1978 as the name of a cement company.[3] The name Halla is taken from Mount Halla, a mountain on Jeju Island.
Halla collapsed in 1997 during the 1997 Asian Financial Crisis.[4]
In 2008 Halla repurchased Mando, a car company they sold during the financial crisis.[3] The chaebol also sponsors multiple hockey teams, mainly Anyang Halla in the Asia League Ice Hockey and Kiekko-Vantaa in the Finnish Mestis.
References
External links
Wikiwand - on
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