History
HD Hyundai Electric creates today's
technology and tomorrow's
possibilities.
- 2020s
- 2010s
- 2000s
- 1990s
- 1980s
- 1970s
2020s
Transition Period: The Era of ESG Management
-
2022.04
Acquired 'Plaspo', a company specializing in power conversion devices2021.10
Hyundai Electric launches eco-friendly product brand GREENTRIC
2021.05
ESG Management Proclamation
2020.02
Completion of Transformer Smart Factory
2010s
Leap Forward Period: The Beginning of the Smart Energy Company 'Hyundai Electric'
-
2019.11
Expansion of transformer plant in the United States(Alabama corporation)
2018.07
Middle East Subsidiary(Hyundai Electric Arabia LLC) established(Saudi Arabia)2018.05
Reliability Assessment Center opened to enhance R&D capability
2018.04
Completion of the World Largest(150MWh) Energy Storage System(ESS) in Korea Zinc Ulsan Factory2018.02
New office opening of HD Hyundai Electric Hungary Kft.
2017.12
Hyundai Electric Switzerland Ltd. established2017.10
Frankfurt Branch established.(in Germany)2017.07
Bangkok Branch established.(in Thailand) / Won the World Largest (150MWhs) Energy Storage System Contract2017.04
Launched Hyundai Electric’s ICT Solution ‘INTEGRICT’ Hyundai Electric launched
2016.12
MOU with Korea Energy Agency to develop the standard model of Building Energy Management System.2016.11
Construction begins on Product Reliability Center
2015.12
Low/medium voltage circuit breaker HG Series wins 2016 iF Design Award
2015.10
Low/medium voltage circuit breaker HG Series launched2015.03
Largest step-up transformer in Korea(3Ph, 1250MVA) produced and supplied2014.12
Short-circuit tests for the first 500kV transformers completed2014.11
Rotating electric machinery centrifugal casting method wins "Jang Young-Shil Award" / Joint R&D venture with Bulgaria designated an excellent business
2014.04
Total production of transformers surpasses 1,000,000MVA2013.12
Selected as "Korean World-class Product Award" by Ministry of Commerce, Industry and Energy Republic of Korea (Shunt Reactor above 345kV)2013.04
Hyundai’s largest capacity transformer(3Ph, 1500MVA) supplied to Powerlink Australia2012.01
Total production of transformers surpasses 800,000MVA
2011.11
Completion of transformer factory in the USA(Hyundai Power Transformer USA)2011.06
Long-term supply agreement formed with Russia for 1,000 gas-insulated switchgear (GIS)2011.02
Large explosion-proof motor(4500kV class) internationally certified2010.12
Total production of transformers surpasses 700,000MVA2010.11
Explosion-proof motor achieves international certification(17 types)
2010.07
Wins largest contract to date with the United States SCE for $600 million of domestic transformers2010.04
Total production of transformers surpasses 600,000MVA
2000s
Leap Forward Period: Expanding Overseas Network
-
2009.11
Completion of 400kV class transformer factory
2009.08
Award for Power Transmission Equipment Company of the Year from Frost & Sullivan2009.07
Completion of 550kV class GIS factory2008.10
Wins largest export contract of motors to date($12 million)2008.05
Completion of switchboard and distribution transformer factory(Seonam-dong, Nam-gu, Ulsan)
2007.04
Acquires US company Ideal(Hyundai Ideal Electric Co.)2007.03
High-voltage explosion-proof motor achieves international certification2007.02
Hyundai-Transas Intelligent Bridge System(HTiBS) wins IR52 "Jang Young-Shil Award"2007.01
Total production of transformers surpasses 400,000MVA2006.07
Selected as "Korean World-class Product Award" by Ministry of Commerce, Industry and Energy Republic of Korea(200kV~400kV Class Large Power Transformers)2005.09
Ship generator technology exported to Chinese company Zhenjiang Marine Diesel Works2004.05
Selected as "Korean World-class Product Award" by Ministry of Commerce, Industry and Energy Republic of Korea(Synchronous Generator for Marin Application)
2003.12
GIS technology exported to Taiwanese company TATUNG2003.10
Jiangsu Hyundai Nanzi Electric Co. established(incorporated in Yangzhong, China)
2003.06
ITC research center established(joint venture with US company Enova)
2002.11
Wins contract with Shin Taebaek765 kV substation for 800kV GIS 8CB
2002.06
Successful development of 800kV GIS2002.02
GIS technology exported to Indian company Crompton Greaves2001.01
Division re-named(Electro Electric Systems Division)2000.01
First commercial operation of 765kV ultra-high-voltage transformer in Korea & Low-voltage circuit breaker(MCCB & ACB) technology exported to Indian company Spaceage
1990s
Develop Period: Technology Advancement and Factory Expansion
-
1999.11
Completion of 765kV Transformer/800kV GIS Factory and ultra-high-voltage testing facilities / Railcar electronic(SIV) technology exported to Indian company AAL
1999.10
Rotating electric machinery R&D company HUNELEC Engineering & Technogies kft. established in Hungary1999.01
Technical partnership agreement formed with US company Enova(previously U.S. Electricar) to develop propulsion system technology for electric cars1998.07
Technical partnership agreement formed with Ukrainian company VIT to develop 765kV transformers and 154kV gas-insulated transformers1998.01
Technical partnership agreement formed with Russian company NIIVA to develop 800kV GIS technology1997.07
Acquisition of Bulgarian state-owned company Elprom-Trafo co.(incorporated in Bulgaria)1996.11
Completion of turbine generator factory
1993.12
Merged into Hyundai Heavy Industries Co., Ltd. (Industrial & Power Systems Division)1993.09
Merger with KISCO (Korea Industrial Services)1993.07
ISO9001, AS3901, NZS9001 quality certification achieved for switchboards, transformers, rotating electric machinery, circuit breakers (in Australia: SAQAS)1992.12
Official opening of PCB and inverter plant Completion of PCB and inverter factory1992.11
Designated a quality control reviewer by the Industrial Advancement Administration1992.10
Australian quality standard certification achieved(AS, NZA, ISO)1992.08
Plant achieves top grade quality control status Merger with “HIMCO”1990.06
International quality standard certification (ISO9001) and Canadian quality standard certification(CANsZ229.1) achieved
1980s
Growth Period: Growing into a Global Power Equipment Company
-
1989.05
Completion of GIS(Gas Insulated Switchgear) factory(7,140 m2)1986.11
$50 million Export Tower Award received
1986.06
Incorporation of Small Size Motor Company "HIMCO"(Joint Venture Co. with General Electric, U.S.A.)1985.11
Award of Grand Prix for Quality Control and Standardization1983.12
Completion of circuit breaker factory(9,081 m2)1983.10
Completion of T.Q.C. promotion headquarters
1983.08
Research institute selected as a military service exemption entity (electrical field no. 591)1982.12
Technology Institute established1982.11
Technical partnership agreement formed with Japanese company Mitsubishi to develop traction motor/generators1982.07
Technical partnership agreement formed with Japanese company Terasaki to produce marine electronics1982.05
Diesel car traction generator approved by the Korean National Railroad1982.04
Technical partnership agreement formed with German company Siemens to develop ACB, VCB, MCCB, LBS, and VC technology1981.07
Completion of rotating electric machinery testing facilities
1981.05
Registered as an industrial equipment export business1980.01
Technical partnership agreement formed with US company Westinghouse to develop rotating electric machinery for generator and industrial use
1970s
Beginning Period: Established as Hyundai Heavy Industries Heavy Electric Business Division
-
1979.09
Completion of 154 kV extra-high-voltage testing facilities1979.08
Completion of rotating electric machinery factory(18,317 m2)1979.07
Accepted as a CIGRE (France) member1979.01
First export of transformers to the Nigerian National Electric Power Authority(11 7.5MVA, 33/11kV transformers)1978.11
Incorporation of the Company in the name of Hyundai Electrical Engineering Co., Ltd.(HEECO)1978.10
Completion of transformer factory(26,446m2)
1978.08
Technical partnership agreement formed with Swedish company ASEA to procure ship components1978.06
First export of transformers(Arabian Oil Company)1978.05
Technical partnership agreement formed with Siemens to develop heavy electrical products1978.03
Technical partnership agreement formed with AGE to procure ship components1978.02
Lloyd's Register of Shipping(LRS) approval of the EED products1978.01
Completion of switchboard factory(12,000 m2) / Technical partnership agreement formed with Siemens to develop transformers, MV switchgear, and SF6 GIS/GCB technology
1977.02
Inauguration of Electrical Engineering Division(EED) as a new division of Hyundai Heavy Industries Co., Ltd.