Hyundai Samho Heavy Industries to Spin Off Industrial Equipment Division... Establishes Hyundai Infra Solution
[Asia Economy Reporter Geum Bo-ryeong] Hyundai Heavy Industries Holdings announced on the 16th that its subsidiary, Hyundai Samho Heavy Industries, has decided to spin off its industrial equipment business division through a simple and physical division.
After the division, the surviving company, Hyundai Samho Heavy Industries, will focus on shipbuilding, while the newly established company, Hyundai Infra Solution (tentative name), will primarily engage in industrial equipment manufacturing.
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The division date is scheduled for May 3 of next year.
This content was produced with the assistance of AI translation services.
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