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2010~2018
2000~2009
1990’s
1980’s
1970’s
2018
Dec. Total production of transformers surpasses 700,000 MVA
Oct. Explosion-proof motor achieves international certification (17 types)
May. Wins largest contract to date with the United States SCE for $600 million of domestic transformers
Feb. Total production of transformers surpasses 600,000 MVA
2017
Dec. Hyundai Electric Switzerland Ltd. established
Oct. Frankfurt Branch established.(in Germany)
Jul. Bangkok Branch established.(in Thailand)
Jul. Won the World Largest (150MWhs) Energy Storage System Contract
Apr. Launched Hyundai Electric’s ICT Solution ‘INTEGRICT’
Apr. Hyundai Electric launched
2016
Dec. MOU with Korea Energy Agency to develop the standard model of Building Energy Management System.
Nov. Construction begins on Product Reliability Center
2015
Dec. Medium/low-voltage circuit breaker HG Series wins 2016 iF Design Award
Oct. Medium/low-voltage circuit breaker HG Series launched
Mar. Largest step-up transformer in Korea (3 Ph, 1250 MVA) produced and supplied
2014
Dec. Short-circuit tests for the first 500 kV transformers completed
Nov. Rotating electric machinery centrifugal casting method wins «Jang Young-Shil Award»
Nov. Joint R&D venture with Bulgaria designated an excellent business
Apr. Total production of transformers surpasses 1,000,000 MVA
2013
Dec. Selected as «Korean World-class Product Award» by Ministry of Commerce, Industry and Energy Republic of Korea (Shunt Reactor above 345kV)
Apr. Hyundai’s largest capacity transformer (3 Ph, 1500 MVA) supplied to Powerlink Australia
Jan. Completion of GIS factory in Vladivostok, Russia(Hyundai Electrosystems Russia)
2012
Jan. Total production of transformers surpasses 800,000 MVA
2011
Nov. Completion of transformer factory in the USA (Hyundai Power Transformer USA)
Jun. Long-term supply agreement formed with Russia for 1,000 gas-insulated switchgear (GIS)
Feb. Large explosion-proof motor (4500 kV class) internationally certified
2010
Dec. Total production of transformers surpasses 700,000 MVA
Oct. Explosion-proof motor achieves international certification (17 types)
May. Wins largest contract to date with the United States SCE for $600 million of domestic transformers
Feb. Total production of transformers surpasses 600,000 MVA
2009
Nov. Completion of 400 kV class transformer factory
Aug. Award for Power Transmission Equipment Company of the Year from Frost & Sullivan
Jul. Completion of 550 kV class GIS factory
2008
Oct.
Wins largest export contract of motors to date ($12 million)
May.
Completion of switchboard and distribution transformer factory (Seonam-dong, Nam-gu, Ulsan)
2007
Apr.
Acquires US company Ideal (Hyundai Ideal Electric Co.)
Mar.
High-voltage explosion-proof motor achieves international certification
Feb.
Hyundai-Transas Intelligent Bridge System (HTiBS) wins IR52 «Jang Young-Shil Award»
Jan.
Total production of transformers surpasses 400,000 MVA
2006
Jul.
Selected as «Korean World-class Product Award» by Ministry of Commerce, Industry and Energy Republic of Korea (200kV~400kV Class Large Power Transformers)
2005
Sep.
Ship generator technology exported to Chinese company Zhenjiang Marine Diesel Works
2004
May. Selected as «Korean World-class Product Award» by Ministry of Commerce, Industry and Energy Republic of Korea (Synchronous Generator for Marin Application)
2003
Dec. GIS technology exported to Taiwanese company TATUNG
Oct. Jiangsu Hyundai Nanzi Electric Co. established (incorporated in Yangzhong, China)
Jun. ITC research center established (joint venture with US company Enova)
2002
Nov. Wins contract with Shin Taebaek 765 kV substation for 800 kV GIS 8CB
Jun. Successful development of 800 kV GIS
Feb. GIS technology exported to Indian company Crompton Greaves
2001
Jun. First commercial operation of 765 kV ultra-high-voltage transformer in Korea
Jan. Division re-named (Electro Electric Systems Division)
2000
Jan. Low-voltage circuit breaker (MCCB & ACB) technology exported to Indian company Spaceage
1999
Nov. Completion of 765kV Transformer/800kV GIS Factory and ultra-high-voltage testing facilities
Nov. Railcar electronic (SIV) technology exported to Indian company AAL
Oct. Rotating electric machinery R&D company HUNELEC Engineering & Technogies kft. established in Hungary
Jan. Technical partnership agreement formed with US company Enova (previously U.S. Electricar) to develop propulsion system technology for electric cars
1998
Jul. Technical partnership agreement formed with Ukrainian company VIT to develop 765 kV transformers and 154 kV gas-insulated transformers
Jan. Technical partnership agreement formed with Russian company NIIVA to develop 800 kV GIS technology
1997
Jul. Acquisition of Bulgarian state-owned company Elprom-Trafo co. (incorporated in Bulgaria)
1996
Nov. Completion of turbine generator factory
1993
Dec. Merged into Hyundai Heavy Industries Co., Ltd. (Industrial & Power Systems Division)
Sep. Merger with KISCO (Korea Industrial Services)
Jul. ISO9001, AS3901, NZS9001 quality certification achieved for switchboards, transformers, rotating electric machinery, circuit breakers (in Australia: SAQAS)
1992
Dec. Official opening of PCB and inverter plant Completion of PCB and inverter factory
Nov. Designated a quality control reviewer by the Industrial Advancement Administration
Oct. Australian quality standard certification achieved (AS, NZA, ISO)
Aug. Plant achieves top grade quality control status
Aug. Merger with “HIMCO”
1990
Jun. International quality standard certification (ISO9001) and Canadian quality standard certification (CANsZ229.1) achieved
1989
May. Completion of GIS(Gas Insulated Switchgear) factory (7,140 m2)
1986
Nov. $50 million Export Tower Award received
Jun. Incorporation of Small Size Motor Company «HIMCO» (Joint Venture Co. with General Electric, U.S.A.)
1985
Nov. Award of Grand Prix for Quality Control and Standardization
1984
Dec. Completion of power electronics factory
1983
Dec. Completion of circuit breaker factory (9,081 m2)
Oct. Completion of T.Q.C. promotion headquarters
Aug. Research institute selected as a military service exemption entity (electrical field no. 591)
1982
Dec. Technology Institute established
Nov. Technical partnership agreement formed with Japanese company Mitsubishi to develop traction motor/generators
Jul. Technical partnership agreement formed with Japanese company Terasaki to produce marine electronics
May. Diesel car traction generator approved by the Korean National Railroad
Apr. Technical partnership agreement formed with German company Siemens to develop ACB, VCB, MCCB, LBS, and VC technology
1981
Jul. Completion of rotating electric machinery testing facilities
May. Registered as an industrial equipment export business
1979
Sep. Completion of 154 kV extra-high-voltage testing facilities
Aug. Completion of rotating electric machinery factory (18,317 m2)
Jul. Accepted as a CIGRE (France) member
Jan. First export of transformers to the Nigerian National Electric Power Authority (11 7.5 MVA, 33/11 kV transformers)
1978
Nov. Incorporation of the Company in the name of Hyundai Electrical Engineering Co., Ltd. (HEECO)
Oct. Completion of transformer factory (26,446m2)
Aug. Technical partnership agreement formed with Swedish company ASEA to procure ship components
Jun. First export of transformers (Arabian Oil Company)
May. Technical partnership agreement formed with Siemens to develop heavy electrical products
Mar. Technical partnership agreement formed with AGE to procure ship components
Feb. Lloyd’s Register of Shipping (LRS) approval of the EED products
Jan. Completion of switchboard factory
(12,000 m2)
Jan. Technical partnership agreement formed with Siemens to develop transformers, MV switchgear, and SF6 GIS/GCB technology
1977
Feb. Inauguration of Electrical Engineering Division (EED) as a new division of Hyundai Heavy Industries Co., Ltd.
