Our history and heritage

1985
  • Foundation of Construction Equipment Development Center as a part of the Heavy Machines Division.
1987
  • Foundation of Construction Equipment Divisions as a separate division - Inauguration 1st factory.
1988
  • Completion of own excavators development (21 ton, 29 ton)
  • Entering domestic market
1989
  • Establishment of Hyundai Heavy Industries Co., Ltd.
  • 1st factory extension
1991
  • Inauguration of American overseas subsidiary in Chicago, USA
1992
  • Inauguration of 2nd assembly factory
1993
  • Inauguration of European overseas subsidiary in Rotterdam, Netherlands
1994
  • Merged with the Construction Equipment Division of Heavy Industries Co., Ltd.
1995
  • Moved European overseas subsidiary to Geel, Belgium
  • Inauguration of Changzhou Joint Venture Company in China
1999
  • Separated from Hyundai Motor Company
2005
  • Selected as "Most Excellent product design" at the Electric Reach Truck Design Fair in Hong Kong
  • Passed 100,000 units of construction equipment production in the shortest time in Korea
  • Sold first 50 ton excavator
  • Expansion of and moving to Eumseong Parts Center
2006
  • Inauguration of Istanbul branch office, Turkey
  • Inauguration of Parts & Service Center in Eumseong, Chungbuk
2007
  • Inauguration of India subsidiary
  • Inauguration of China Hydraulic Machinery subsidiary
2008
  • Established a plant in India
  • Passed 150.000 units of construction equipment production
  • Inauguration of Panama branch office
  • Inauguration of Dubai branch office
2009
  • Established A/S training center in JiangShao
  • Introduced 9 Series of excavators in the market
2010
  • Built a plant for wheel loaders in China
  • Introduced 9 Series of wheel loaders in the market
2011
  • Reached production of 350.000 construction equipment units
2012
  • Established Hyundai Cummins Engine Co.
2013
  • Strategic affiliation of Atlas in Germany; started selling 6 models of road equipment
  • Built a plant for construction equipment in Brazil
2015
  • Reached production of 500.000 construction equipment units
2016
  • Hyundai Heavy Industries and CNH Industrial Ink Exclusive Strategic Alliance Agreement for Mini Excavator Business
2017
  • Established Hyundai Construction Equipment Co., Ltd