Corporate Timeline

  • 2017
    • Established Hyundai Construction Equipment co,. Ltd
  • 2016
    • Hyundai Heavy Industries and CNH Industrial Ink Exclusive Strategic Alliance Agreement for Mini Excavator Business
  • 2015
    • Reached production of 500,000 construction equipment
  • 2013
    • Strategic affiliation with Atlas in Germany; started selling 6 models of road equipments
    • Built a plant for construction equipments in Brazil
  • 2012
    • Established Hyundai Cummins Engine Co.
  • 2011
    • Reached production of 350,000 construction equipments
  • 2010
    • Built a plant for wheel loaders in China
    • Introduced 9 series of wheel loaders in the market
  • 2009
    • Established A/S training center in JiangShao
    • Introduced 9 series of excavators
  • 2008
    • Established a plant in India
    • Passed 150,000 units of construction equipment production
    • Inauguration of Panama branch office
    • Inauguration of Dubai branch office
  • 2007
    • Inauguration of India subsidiary
    • Inauguration of China Hydraulic Machinery subsidiary
  • 2006
    • Inauguration of Istanbul branch office, Turkey
    • Inauguration of Parts & Service Center in Eumseong, Chungbuk
  • 2005
    • Selected as "most excellent product design"at the Electric Reach Truck Design Fair in Hong Kong
    • Passed 100,000 units of construction equipment production in the shortest time in Korea
    • Sold first 50 ton excavator
    • Expansion of and moving to Eumseong Parts Center
  • 1999
    • Separated from Hyundai Motor Company
  • 1995
    • Moved European overseas subsidiary to Geel, Belgium
    • Inauguration of Changzhou Joint Venture Company in China
  • 1994
    • Merged with the Construction Equipment Division of Hyundai Heavy Industries Co., Ltd.
  • 1993
    • Inauguration of European overseas subsidiary in Rotterdam, Netherlands.
  • 1992
    • Inauguration of 2nd assembly factory
  • 1991
    • Inauguration of American overseas subsidiary in Chicago, USA
  • 1989
    • Establishment of Hyundai Heavy Industries Co., Ltd.
    • 1st factory extension
  • 1988
    • Completion of own excavators development (21 ton, 29 ton)
    • Entering domestic market
  • 1987
    • Foundation of Construction Equipment Division as a separate division - Inauguration 1st factory
  • 1985
    • Foundation of Construction Equipments Development Center as a part of the Heavy Machines Division