Hyundai

Hyundai is a Korean multinational chaebol or conglomerate.

It has a headquarter in Seoul, South Korea. Chung Ju-yung is the founder of Hyundai in 1974 as a construction firm and Chung was directly control of the company until his death in 2001. Hyundai underwent a major restructuring and break-up which reduced the Hyudai's Group's business to encompass only container shipping services the manufacturing of elevators and tourism , the following 1997 East Asian financial and Chung's death. Hyundai is not legally connected to Hyundai Group which include Hyundai Motor Group, Hyundai Department Store Group. Hyundai Heavy Industries Group and Hyundai Development Company.