HL Group(Korean:HL그룹), formerlyHalla Group,is a South Koreanchaebolthat engages inautomobile,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 asremicon,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) |
| Website | www |
History
edit
Halla Group was founded asHyundai 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 fromMount Halla,a mountain onJeju Island.
Halla collapsed in 1997 during the1997 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, mainlyAnyang Hallain theAsia League Ice HockeyandKiekko-Vantaain the FinnishMestis.
References
edit- ^"Company Overview".Bloomberg Businessweek. Archived fromthe originalon October 12, 2012.
- ^"About Halla".Halla. Archived fromthe originalon 7 September 2009.Retrieved22 September2009.
- ^ab"History".Halla. Archived fromthe originalon 7 September 2009.Retrieved22 September2009.
- ^Andrew Pollack(7 December 1997)."Another Giant South Korean Conglomerate Falls".New York Times.Retrieved22 September2009.
External links
edit- hlcompany(in English)
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