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Topic: Hyundai Business Group

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	Hyundai - Wikipedia, the free encyclopedia
		Hyundai is a group of companies founded by Chung Ju-yung in 1947 as a construction company and was once South Korea's biggest conglomerate company (chaebol).
		Its most high-profile operation is Hyundai Asan, involved in numerous investment projects in North Korea.
		Hyundai is also known for the manufacturing of motor vehicles in several countries; the U. has been a source market for these cars.
	en.wikipedia.org /wiki/Hyundai (350 words)

	About Hyundai - Advaith Hyundai (Site not responding. Last check: 2007-08-21)
		Hyundai Motor Company (HMC) was set up in 1967 as a part of the Hyundai business group of South Korea.
		Hyundai Motor India Ltd. (HMIL) is a wholly owned subsidiary of HMC and was set up in 1998 to manufacture passenger cars with strong emphasis on product quality, performance and safety.
		Hyundai believes in developing mutually beneficial relationships with the nation and its communities at large and in providing a harmonious blend of form and functionality.
	www.advaithhyundai.com /hyunmotors.html (270 words)

	Alexander's Gas & Oil Connections - CentGas to build Turkmenistan to Pakistan gas pipeline
		The group is also considering an extension of the line to the New Delhi area in India.
		As the core company of Hyundai Business Group, Hyundai has set the pace for the Hyundai Business Group which is now a $ 87 billion multi-national conglomerate specialising in engineering and construction, automobiles, shipbuilding, robotics, electronics, petrochemicals, aerospace and trading.
		The Crescent Group, in business for more than 50 years, is the premier industrial and financial conglomerate in Pakistan.
	www.gasandoil.com /goc/news/ntc74801.htm (1735 words)

	montgomeryadvertiser.com (Site not responding. Last check: 2007-08-21)
		At one time, Hyundai Business Group -- which it later came to be called -- had more than 50 separate divisions, including construction, shipbuilding, auto manufacturing, oil refining, electronics and hotels.
		Hyundai and a handful of other Korean conglomerates like Samsung and Lucky-Goldstar ballooned into giants after the Korean War ended in 1953 -- all of them fed by industrial and government contracts that helped rebuild South Korea.
		Hyundai also is the fourth largest automobile importer in the U.S. Hyundai Motor Co. is strong and getting stronger because it "has positioned itself well in the global market," said Seoul stock trader Sang Woo Kim.
	www.montgomeryadvertiser.com /specialreports/hyundai/StoryBusinessculturesde02w.htm (739 words)

	Hyundai Motor India - Official Site of Hyundai Car Products (Site not responding. Last check: 2007-08-21)
		Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company, South Korea and is the second largest and the fastest growing car manufacturer in India.
		Hyundai motor vehicles are sold in 193 countries through some 5000 dealerships and showrooms.
		Hyundai Motor Co. is a sponsor of the 2006 FIFA Germany World Cup.
	www.hyundai.co.in /aboutusn.asp?pageName=comp (632 words)

	South Korea Replaces Top Economic Officials
		Lee has been criticized for the slow progress in reducing debts at banks and major business groups and in reducing control by the founding family members of powerful business conglomerates.
		The most high-profile sign that the previous cabinet had not been dealing effectively with South Korea's economic problems was its struggle with the Hyundai Group, the nation's largest business group.
		Hyundai has resisted efforts to get the conglomerate's founder, Chung Ju Yung, and his family to loosen controlling stakes in their industrial empire.
	partners.nytimes.com /library/world/asia/080800korea-econ.html?Partner=AltaVista&RefId=y_WLmY_WEFnnnn2n2l (699 words)

	Hyundai Telecom and Hyundai Autonet Partner with Echelon to Offer Smart Products for the Home
		Hyundai Autonet was founded in April 2000 with 1,050 employees as a subsidiary of the Hyundai Group, one of Korea's largest conglomerate companies.
		Its major customers include Hyundai Business Group, established in 1947 and composed of 30 subsidiaries in many business areas including ship building & industrial plants, automobile, engineering & construction, machinery, iron & steels, petrochemicals & oil refinery, financing, trading and service sectors as well as cutting-edge industries such as electronics, aerospace, telecommunication, information technology.
		Hyundai Telecommunication Industries Co., Ltd. (HTI) is a leading company in the home automation and closed circuit television (CCTV) fields in Korea.
	www.echelon.com /company/press/2000/Hyundai.htm (1147 words)

	BBC NEWS \| Business \| Hyundai's Iraqi concerns
		Hyundai's expertise in large-scale construction helped it win major contracts around the world and the company made a push in the Middle East in the early 1970s.
		Hyundai carried out nearly 30 major infrastructure projects across Iraq, from power stations and a railway to highways and housing.
		Hyundai is also keen to return and recover its debt.
	news.bbc.co.uk /1/low/business/2928625.stm (475 words)

	Hyundai Group to Build Steel Mill
		Hyundai Automotive Group is expected to formally announce plans for constructing a new integrated steel mill complex that will handle the entire steel-making cycle, from smelting ore to producing various industrial steels.
		A Hyundai spokesman says one location under consideration is in Hanjin, Chungcheong province, where the INI Steel mill is located.
		INI Steel, in a consortium with its affiliate Hyundai Hysco, part of the Hyundai Group, signed a final contract July 31 for the takeover of Hanbo Iron & Steel Co., whose downfall partly contributed to South Korea's 1997-1998 foreign exchange crisis.
	waw.wardsauto.com /ar/auto_hyundai_group_build_2 (281 words)

	Chung Ju-yung 1915—2001 - HUMBLE BEGINNINGS, A DETERMINED EMPIRE-BUILDER, SUCCESS AT A PRICE
		Aware of the business opportunities made possible by the end of World War II and the ousting of the Japanese from Korea, Chung founded two companies in rapid succession after the country's liberation in 1945—the Hyundai Motor Industrial Company in 1946 and Hyundai Civil Industries in 1947.
		Hyundai Civil Industries was responsible for building much of South Korea's transportation infrastructure from the 1950s through the 1970s.
		Sensitive to criticism, Chung's successors at Hyundai were quick to document the annual increases in corporate funds dedicated to worker welfare throughout the late 1990s and 2000s.
	www.referenceforbusiness.com /biography/A-E/Chung-Ju-yung-1915-2001.html (2251 words)

	seMissourian.com: Story: S. Korea sent $186 million to N. Korea prior to peace summit
		On Thursday, government auditors confirmed that Hyundai -- closely tied to Kim's policy of rapprochement with North Korea -- borrowed $186 million from a government-run bank shortly before the summit and used it for unclear purposes in the communist state.
		Both Hyundai and the South Korean president have denied allegations of payoffs, and the business group had no immediate reaction to Thursday's disclosure.
		Hyundai launched a series of high-profile, government-backed investment projects in the North in 1998, but the projects -- including a plan for an industrial park and a tourism project in the North's Diamond Mountain -- incurred heavy losses.
	www.semissourian.com /story/100402.html (756 words)

	AutoWeb - Hyundai Motor Spin-Off to Proceed
		Following on last week's record half-year results, the announcement by the Hyundai Business Group that the spin off will proceed is seen as a major step forward in the motor operation's independence.
		The automotive-centered group will be headed by current Hyundai Motors chairman, Chung Mong-Koo who masterminded the acquisition of Kia Motors in late 1998 and has since re-structured the management and financing of the automotive companies.
		Following the announcement by Hyundai Business Group, Korea's Fair Trade Commission stated that it would process an application for the separation of Hyundai Motors from the conglomerate as quickly as possible and it is thought the spin-off could be completed within a month.
	www.autoweb.com.au /cms/newsarticle.html?&start=&showall=on&id=HYU&doc=hyu0008171 (351 words)

	Hyundai's Fix (int'l edition)
		So when Hyundai Group Chairman Chung Mong Hun paid Korea Exchange Bank a visit on May 26, faster than you can say asset-shuffle, jittery investors were dumping the company's stock.
		On May 31, the group said founder Chung Ju Yung and his two sons, group chairman Mong Hun and auto division chairman Mong Koo, would be replaced by professional managers.
		And though Hyundai's restructuring announcement helped push the stock market up 5.8% that day, the bourse is still down 22% this year.
	www.businessweek.com /2000/00_24/b3685301.htm (1181 words)

	Hyundai
		Hyundai Motors, the one piece of the conglomerate that was still earning plenty of cash, became a separate company on 01 September 2000.
		HYUNDAI shipyard is strategically situated in Ulsan, which is on the southeastern tip of the Korean peninsula.
		HYUNDAI is also an experienced naval shipbuilder with construction of a variety of moderm, sophisticated naval and auxiliary service vessels eversince 1975 when the Korea Ministry of Defence nominated HHI as the designer and builder of the first indigenous Korean frigate named Ulsan class.
	www.globalsecurity.org /military/world/rok/hyundai.htm (1208 words)

	AutoWeb - Hyundai Founder Chung Ju-Yung Dies
		The founder and Honorary Chairman of HMC until it was spun off from the Hyundai Business Group in mid 2000, passed away at the Asan Medical Foundation in Seoulanother of his creationsat 10pm last night, Wednesday March 21.
		Hyundai Automotive Distributors Australia Chief Executive Officer C.K.Liew said that Chung Ju-Yung was one of the world’s eminent industrial pioneers of the 20th century.
		At that time Hyundai Motor Company was building cars under licence to Ford of UK but Chung recognized that this was both an expensive and limiting way to develop an automotive business.
	www.autoweb.com.au /cms/newsarticle.html?&start=30&showall=&id=HYU&doc=hyu0103221 (787 words)

	ZoomInfo Web Summary: S. Yang (Site not responding. Last check: 2007-08-21)
		Rising steadily in the Hyundai Group because of his strategic planning and overseas skills, Mr Yang moved to the Netherlands to manage the operations of the Hyundai Representative office there.
		As Hyundai established itself as a top player in the auto industry in Korea and automotive became its prime business, Mr Yang joined the Hyundai Motor Company in 1999.
		He spearheaded Hyundai,s Central and East European operations from 2000 and was instrumental in establishing a base for Hyundai in several East European countries, including Poland.
	www.zoominfo.com /directory/Yang_S._770017581.htm (1066 words)

	S. Korea accused of 'buying' talks - Pittsburgh Tribune-Review
		Allegations of payoffs to North Korea first arose last year but grew more substantial with media reports that a subsidiary of the Hyundai business group sent funds to North Korea about a week before the summit.
		Government auditors yesterday confirmed that Hyundai — closely tied to Kim's policy of rapprochement with North Korea — borrowed $186 million from a government-run bank shortly before the summit and used it for unclear purposes in North Korea.
		Hyundai launched a series of high-profile, government-backed investment projects in North Korea in 1998, but the projects — including a plan for an industrial park and a tourism project in the North's Diamond Mountain — incurred heavy losses.
	www.pittsburghlive.com /x/tribune-review/national/s_115737.html (766 words)

	Hyundai Precision America Inc
		Hyundai Precision America was formed in 1990 to produce van trailers, container chassis, domestic containers and refrigerated containers for the North American transportation industry.
		Founded in 1947, the Hyundai Business Group is Korea's largest company with annual revenues in excess of $80 billion in 1995.
		The fax machines in the mailroom were busy from morning to night, and sending and receiving faxes was cumbersome.
	www.facsys.com /indexed/success/sshyundai.htm (1139 words)

	Daily Excelsior...Business
		Under the agreement between the Renault Group and ITL, two joint venture marketing companies were formed with 60 per cent majority holding in both the ventures in the hands of the French group.
		Hyundai Motors India is wholly owned subsidiary of $ 8.24 billion Hyundai business group of South Korea.
		Hyundai Motors India Limited (HMIL) expects to receive half of its customers for its newly launched 1500 cc accent from the Esteem segment while the rest from the premium category.
	www.dailyexcelsior.com /99oct19/busi.htm (3650 words)

	Hyundai Electronics Licenses DSP Group's Pine and OakDSPCores
		Hyundai Electronics is recognized worldwide as a leading electronics company and DSP Group is a leader in DSP technology and telephony products.
		The Companies Hyundai Electronics Industries Co., Ltd. (HEI) is a comprehensive electronics company as one of the core affiliates of Hyundai Business Group in Korea.
		DSP Group Inc. (Nasdaq: DSPG) is a leader in the development and marketing of high-performance cost-effective digital signal processing cores and solutions for the consumer telephony, computer telephony and personal computer industries.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=105&STORY=/www/story/27332 (462 words)

	COMPANY NEWS; HYUNDAI UNIT TO INVEST $150 MILLION IN MAXTOR - New York Times
		The Maxtor Corporation said yesterday that Hyundai Electronics Industries of South Korea would invest $150 million in Maxtor and receive about 19.4 million shares, or 40 percent of its common stock.
		A special series of common stock would be issued to Hyundai, which is part of the Hyundai Business Group.
		Hyundai will be represented on the Maxtor board in proportion to its share ownership.
	query.nytimes.com /gst/fullpage.html?res=9F0CE3DE113BF933A1575BC0A965958260 (130 words)

	Saturday, May 19, 2001
		The U.S. military is to blame if the Hyundai Business Group tour to North Korea’s Mount Kumgang National Park fails, Radio Pyongyang charged in a report Thursday.
		Hyundai, which offers the tour that gives rank-and-file South Koreans their only opportunity to visit the North, promised Pyongyang nearly $1 billion in licensing fees to operate the tour for 10 years.
		Hyundai hoped to make the trips more interesting by operating gambling casinos on the ferries, but the South Korean government nixed the proposal.
	www.estripes.com /01/may01/ed051901g.html (292 words)

	Global News Korea; January 10, 1999 (Site not responding. Last check: 2007-08-21)
		Hyundai Electronics said the capital increase is aimed at achieving the government-imposed 200-percent debt-to-equity ratio by the end of the year.
		Hyundai Electronics said the offering of new shares was aimed at reducing its debt-to-equity ratio from the current 300 percent to a government-set target of 200 percent by the end of the year.
		Hyundai Electronics is not the only unit of the conglomerate to resort to equity issues aimed at reducing debt levels.
	ssdc.ucsd.edu /news/korea/h99/korea.19990110.html (10612 words)

	Hyundai only bidder left for Mando parts maker : HindustanTimes.com (Site not responding. Last check: 2007-08-21)
		Hyundai Motor Co has been left as the sole bidder for South Korean auto parts maker, Mando Corp. as Siemens and TRW Automotive backed down from talks to buy the unlisted firm, a Mando official said on Saturday.
		Hyundai and JP Morgan officials could not immediately be reached for comment.
		It had been owned by the Halla Group, a spin-off conglomerate from the Hyundai business group.
	www.hindustantimes.com /news/181_1537742,00020010.htm (395 words)

	North Korea: Ready For U.S. Attack - CBS News
		In Seoul, Hyundai business group said it plans to run a trial overland tour to a North Korean mountain resort on Wednesday and Thursday.
		Hyundai launched a money-losing cruise tour to the mountain resort in 1998.
		Hyundai hopes that the overland tour, which will be cheaper, would attract more South Korean tourists.
	www.cbsnews.com /stories/2003/02/03/world/main539204.shtml (937 words)

	Hyundai (Site not responding. Last check: 2007-08-21)
		The Automotive Hall of Fame is located in Dearborn, Mich. and is dedicated to preserving the history of the automotive industry and honoring the industry's leaders.
		Chung was appointed Chairman of the Hyundai Group in 1996 where he helped lead the acquisition by Hyundai Group of Kia Motor Company.
		Hyundai Motor Company designs, engineers and manufacturers cars, trucks and busses for customers in 190 countries around the world.
	www.hyundainews.com /hyundainews/corporat19.htm (440 words)

	Text Gear (Site not responding. Last check: 2007-08-21)
		Malaysia's Penang Bridge, completed by Hyundai Engineering and Construction Company in 1985, remains one of the longest bridges in the world.
		Asan Medical Center, completed by Hyundai in 1989, is Korea's largest private hospital and medical research facility.
		Hyundai founder Chung, Ju Yung retired as chairman of the Hyundai Business Group in 1987, at the age of 72.
	htmlgear.tripod.com /text/control.text?u=diamion&i=1&a=render&style=list (166 words)

	"Santro" to hit roads on Sept 23
		MUMBAI, SEPT 18: South Korean automobile giant Hyundai will make a world-wide launch of its small car "Santro" on September 23 here through a unique "charity auction" to create a fund for technical education.
		The auction will follow the public unveiling of the car at a celebratory event to be presided over by the Industry Minister Sikander Bakht and a host of dignitaries and celebrities, the release said.
		Hyundai Motor India is a 100 per cent subsidiary of the 13.5 billion Hyundai Motor Company set up in 1967 as part of the Hyundai business group.
	www.expressindia.com /ie/daily/19980919/26250444.html (179 words)

	Digital Chosunilbo (English Edition) : Daily News in English About Korea
		Hyundai said Chung is to arrive at Incheon International Airport at 5:15 a.m.
		But reports that raids by the Supreme Prosecutor¡¯s Office produced evidence of attempts to ensure his son¡¯s control of the group, and that he and his son were personally implicated in operating the slush funds, appear to have persuaded him that he could no longer avoid the summons.
		Chung¡¯s return is unlikely to have an immediate effect on the operations of the Hyundai Motor Group, which are everywhere on hold due to the scandal.
	english.chosun.com /w21data/html/news/200604/200604070031.html (328 words)

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