HD Hyundai Holds Emergency Meeting Amid Martial Law... "Recognizing Emergency Management Situation"

President Yoon Suk-yeol declared martial law, and in the early morning of the 4th, a chaotic situation unfolded at the National Assembly building in Yeouido, Seoul, where citizens opposing the martial law declaration and police forces trying to prevent them gathered. Photo by Yonhap News

HD Hyundai convened an emergency meeting on the 4th to assess the situation following the declaration and lifting of the midnight emergency martial law.

At 7:30 a.m. that day, HD Hyundai held an urgent meeting of its executive team to closely examine potential future economic conditions and agreed to establish response strategies for each affiliated company.

Kwon Oh-gap, Chairman of HD Hyundai, stated, "As domestic and international situations are expected to develop rapidly, the presidents of each company must maintain an awareness equivalent to an emergency management situation, with particular focus on reviewing financial risks such as exchange rates." He also urged, "In production sites such as shipbuilding, please pay even closer attention to adhering to principles and regulations to prevent any safety accidents."

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