Wednesday 10 July 2013 •
Fortune magazine has recently published their new Global 500 List for 2013. With a turn-over of USD 48.8 billion and 38,000 employees, Hyundai Heavy Industry now ranks no. 206 on the 2013 list.
The list rates companies (around the world) based on their total revenues in 2012. Revenues include consolidated subsidiaries and reported revenues from discontinued operations, but exclude excise taxes.
Hyundai Heavy Industry is right on track to grow their business in every major division and in every market around the world. Especially the Construction Equipment and the Shipbuilding divisions look very promising for the coming years. Shipbuilding benefits from the growing demand for fuel efficient, high technology ships. Construction Equipment has recently increased the production capacity and expanded the product range.