Hanwha Corp - Company Profile
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Hanwha Corp (Hanwha) is a diversified conglomerate with a focus on chemical technology-based solutions, construction, and energy. The company's primary operations involve the manufacturing and selling of explosives, petrochemicals, and products related to sunlight and photovoltaic power generation, as well as providing engineering and construction services. Hanwha's major products and services include commercial explosives, fireworks, petrochemicals, inorganic chemicals, machinery, and defense-related products. The company's products and services cater to a wide range of industries, including energy, environment, construction, and defense. It operates internationally, with a presence in Asia and America, and is actively expanding into new global markets. Hanwha is headquartered in Jung-gu, Seoul, South Korea.
Hanwha Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Liquid-Fuel Engines | Operation and Management of solar plants |
| Satellite Components | Construction Services |
| Communications Satellites | Luxury Hotels |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company's subsidiary Hanwha Aerospace signed a contract worth EUR250 million with the Estonian Centre for Defence Investments (ECDI) to supply Chunmoo systems to Estonia. |
| 2025 | Contracts/Agreements | In December, the company's subsidiary Hanwha Asset Management signed an MOU with U.S. based MarcyPen Capital Partners during Abu Dhabi Finance Week (ADFW) 2025 to cooperate on investments linked to K-culture and lifestyle industries. |
| 2025 | Contracts/Agreements | In October, the company's subsidiary Hanwha Aerospace signed a three-year framework agreement with Sweden’s Defence Materiel Administration (FMV) that includes an initial call-off order worth about US$110 million. |
Competitor Comparison
| Key Parameters | Hanwha Corp | Itochu Corp | Marubeni Corp | POSCO Eco & Challenge Co Ltd | Hyundai Corp |
|---|---|---|---|---|---|
| Headquarters | South Korea | Japan | Japan | South Korea | South Korea |
| City | Jung-Gu | Minato-Ku | Chiyoda-Ku | Pohang | Seoul |
| State/Province | Seoul | Tokyo | Tokyo | Yeongnam | - |
| No. of Employees | 5,393 | 115,089 | 51,834 | 6,205 | 304 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Woo Seok Kim | Chief Executive Officer - E&C Division; Chairman | Executive Board | 2025 | - |
| Dong Kwan KIM | Director; Chief Executive Officer | Executive Board | 2024 | - |
| Kim Dong Kwan | Director; Chief Executive Officer - Strategy Division | Executive Board | 2024 | - |
| Du Hyoung Ryoo | Director; Chief Executive Officer - Momentum Division | Executive Board | 2025 | - |
| Hye Ryung Byon | Director | Non Executive Board | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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