SEOUL, July 18 (Korea Bizwire) – Hyundai Engineering & Construction (E&C) Co. said Friday its second-quarter net profit rose over 8 percent on-year, backed by the company’s major construction projects. The company’s net profit for the April-June period totaled 158.6 billion won (US$113.9 million), up 8.6 percent from a year earlier, the company said in [...]
SEOUL, June 24 (Korea Bizwire) — Hyundai Engineering & Construction (E&C) Co. said Tuesday it has signed an early works agreement (EWA) with Finland’s state-owned energy company Fortum and U.S. nuclear firm Westinghouse to jointly pursue the construction of a new nuclear power plant in Finland. The agreement, signed last week at Fortum’s headquarters in [...]
SEOUL, May 30 (Korea Bizwire) — Hyundai Engineering & Construction (Hyundai E&C) Co. said Friday it will withdraw from a national project to build a new international airport in South Korea’s southeastern port city of Busan, citing difficulties in meeting the completion deadline sought by the government. “It is impossible to ensure a safe construction [...]
SEOUL, May 21 (Korea Bizwire) — Hyundai Engineering & Construction announced Wednesday that it will become the first South Korean construction firm to showcase a garden installation at a major European horticultural exhibition, the RHS Flower Show at Wentworth Woodhouse 2025, organized by the Royal Horticultural Society in the United Kingdom. The RHS Flower Shows, with [...]
SEOUL, April 10 (Korea Bizwire) — Hyundai Engineering & Construction announced Thursday the launch of South Korea’s first in-apartment meditation booths designed exclusively for individual use, a move aimed at enhancing mental wellness and emotional stability among residents. Branded as the H Calming Booth, the new feature will debut at Hillstate Homeasil, a Hyundai apartment [...]
SEOUL, Feb. 21 (Korea Bizwire) — Hyundai Engineering & Construction Co. (E&C) said Friday it, together with a public firm here, has signed an initial pact with a government agency of New Zealand to enter New Zealand’s housing development market. Hyundai E&C and the Korea Overseas Infrastructure & Urban Development Corp. (KIND) have signed a [...]
SEOUL, Dec. 12 (Korea Bizwire) – Hyundai E&C has introduced a next-generation lifestyle app, consolidating its branded residential services into a single platform. The company announced on Thursday the launch of “My Hills” and “My THE H”, exclusive service apps for residents of its premium apartment brands, Hillstate and The H. The apps provide a seamless digital [...]
SEOUL, Sept. 11 (Korea Bizwire) –Hyundai Engineering & Construction Co. (Hyundai E&C) said Monday it has signed a partnership deal with a local energy IT startup via an equity investment in an effort to break into the power brokerage business. Hyundai E&C, South Korea’s No. 2 builder, didn’t disclose the amount of its investment in [...]
SEOUL, Aug. 29 (Korea Bizwire) — Hyundai Engineering & Construction Co. (Hyundai E&C), South Korea’s No. 2 builder, has placed 11th among global construction companies in terms of overseas sales, an industry report showed Tuesday. Hyundai E&C posted US$6.83 billion in overseas sales in 2022, up 18.6 percent from a year earlier and the 11th-largest [...]
SEOUL, Aug. 1 (Korea Bizwire) — Hyundai Engineering & Construction Co., South Korea’s No. 2 builder, said Tuesday it has bagged a US$145 million order to lay power transmission lines in Saudi Arabia. The deal, signed with a Saudi state power company, calls for building 207 kilometers of a 525-kilovolt, 605-km transmission line between Saudi [...]