ADMINISTRATIVE PANEL DECISION Case No. KR-2000221
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Case M.9638 — Hyundai Motor Group/Aptiv/JV) Candidate Case for Simplified Procedure
C 26/4 EN Offi cial Jour nal of the European Union 27.1.2020 Prior notification of a concentration (Case M.9638 — Hyundai Motor Group/Aptiv/JV) Candidate case for simplified procedure (Text with EEA relevance) (2020/C 26/03) 1. On 17 January 2020, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1). This notification concerns the following undertakings: — Aptiv PLC (‘Aptiv’, Ireland), — Hyundai Motor Company, Kia Motors Corporation and Hyundai Mobis, all belonging to Hyundai Motor Group (‘HMG’, South Korea). Aptiv and HMG acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a newly created company constituting a joint venture (‘JV’, US) The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture. 2. The business activities of the undertakings concerned are: — for Aptiv: global technology and mobility company primarily serving the automotive sector. Aptiv designs and manufactures vehicle components and safety technology solutions, — for HMG: an international group of companies with a diverse portfolio of business activities, including the manufacture and sale of all types of motor vehicles. HMG’s key affiliates include its auto-making arms HMC and Kia as well as its auto-parts making unit Mobis. The JV will design, develop, and commercialise autonomous driving software technologies, services, systems, vehicle architecture and other related enabling offerings with respect to Society of Automotive Engineers (‘SAE’) Levels 4 and/or 5 of autonomous driving. 3. On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. -
Hyundai Motor Company and Its Subsidiaries
HYUNDAI MOTOR COMPANY AND ITS SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS AND SIX MONTHS ENDED JUNE 30, 2017 AND 2016 ATTACHMENT: INDEPENDENT ACCOUNTANTS’ REVIEW REPORT HYUNDAI MOTOR COMPANY WorldReginfo - 91c5474f-85a7-4929-8628-024c7a780b17 Contents INDEPENDENT ACCOUNTANTS’ REVIEW REPORT ---------------------------------------------------- 1 CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ----------------------------------- 4 CONSOLIDATED STATEMENTS OF INCOME ------------------------------------------------------- 6 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME ---------------------------- 7 CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY ------------------------------------ 8 CONSOLIDATED STATEMENTS OF CASH FLOWS ----------------------------------------------- 10 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ---------------------------------------- 12 WorldReginfo - 91c5474f-85a7-4929-8628-024c7a780b17 Deloitte Anjin LLC 9F., One IFC, 10, Gukjegeumyung-ro, Youngdeungpo-gu, Seoul 07326, Korea Tel: +82 (2) 6676 1000 Fax: +82 (2) 6674 2114 www.deloitteanjin.co.kr INDEPENDENT ACCOUNTANTS’ REVIEW REPORT English Translation of Independent Accountants’ Review Report Originally Issued in Korean on August 14, 2017 To the Shareholders and the Board of Directors of Hyundai Motor Company: We have reviewed the accompanying condensed consolidated financial statements of Hyundai Motor Company (the “Company”) and its subsidiaries. The condensed consolidated financial statements consist of the condensed -
Changes and Continued Growth of Foreign Investment
The Top 20 Korean Multinationals: Changes and Continued Growth of Foreign Investment Seoul and New York, March 5, 2015 Graduate School of International Studies at Seoul National University in Seoul, and the Columbia Center on Sustainable Investment (CCSI), a joint center of the Columbia Law School and the Earth Institute at Columbia University in New York, are releasing the results of their survey of Korean multinationals today. The survey, conducted during 2014, is part of a long-term study of the rapid global expansion of multinational enterprises (MNEs) from emerging markets.1 The research for this report was conducted in 2014 and covers the period from 2011 to 2013.2 Highlights In 2013, the top 20 Korean multinationals, ranked by their foreign assets (See Table 1), jointly held US$68.9 billion assets abroad.3 Most firms were subsidiaries of Korea’s eight leading business groups (or chaebols), including Samsung, POSCO, LG, Hyundai Heavy Industries, Hyundai-Kia Motors, SK, Lotte, and Hyosung Group. Five out of the 20 multinationals were also included in UNCTAD’s “Top 100 non-financial TNCs from developing and transition economies” in 2012.4 The average age of the top 20 firms is about 47 years, which is two times the average age of Korea’s top 1,000 firms (ranked in terms of total assets). There is a high concentration by the top players in the list in terms of foreign assets. Among the top 20 companies, Samsung Electronics, POSCO, and Hyundai Motor Company ranked in the top three in that order. There was a significant difference between first and second place, with the foreign assets of Samsung Electronics more than doubling that of POSCO. -
Korea Chaebols
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by K-Developedia(KDI School) Repository Emerging Market Spotlight November 2010 The Chaebols in South Korea: Spearheading Economic Growth South Korea has witnessed an incredible transformation in the Fast Facts three decades spanning from the Chaebols are large multinational family-controlled 1960s to 1990s, evolving from an conglomerates in South Korea, which have enjoyed strong impoverished country to a governmental support. developed high-income economy today. Often referred to as the The word Chaebol literally means “business association”. “Miracle of the Han River”, this President Park Chung Hee (1961-1979) widely propagated remarkable turnaround was and publicized the chaebol model of state-corporate achieved through an aggressive, alliance. outward-oriented strategy, focusing on developing large-scale The Chaebols have invested heavily in the export-oriented industrial conglomerates or manufacturing sector. chaebols. Some well-recognized South Korean conglomerates boasting global brand names are Samsung, Hyundai and Today, the chaebols have become LG. multinational powerhouses with a global footprint. And with this, The chaebol model of state-corporate alliance is based on South Korea boasts of an economy the Japanese Zaibatsu system, which encouraged economic that ranks 15th globally in nominal development through large business conglomerates from 1968 until the end of the World War II. terms and 13th in terms of Purchasing Power Parity (PPP). Paradigm shift in the South Korean economy The first half of the 20th century was a tumultuous, war-ravaged period for the country, punctuated by a 35-year Japanese colonization of the country, which ended with Japan’s defeat in World War II. -
Your Partner, Hyundai Engineering 2010~2011 HYUNDAI ENGINEERING SUSTAINABILITY REPORT About This Report
Your Partner, Hyundai Engineering 2010~2011 HYUNDAI ENGINEERING SUSTAINABILITY REPORT About this Report Reporting Information This is the second sustainability report published by Hyundai Engineering, which includes its efforts for sustainable growth and performances in the economic, en- vironmental and social areas. This report will serve as the momentum for the ex- amination of the sustainable management, and Hyundai Engineering hopes this second publication becomes a communication channel for co-development with stakeholders. Reporting Scope and Period This report covers activities and performances of Hyundai Engineering’s sustain- able management for two years from January 1, 2010 to December 31, 2011. Reporting and Assurance Standards This report was prepared in accordance with the GRI (Global Reporting Initiative) G3.1 Guidelines together with the guidance on ISO 26000 and UNGC. The reliability of the contents was verified through the DNV Protocol for Verification of Sustainability Reporting V.3.0 standard by DNV, a third-party assurance institute. For more details about the result, please refer to the third-party verification report. Detailed Information on the Report This report in PDF version is available from the website. For more information or inquiries on this report, please contact: Team CSR Representative, Planning Team, Planning Office E-mail [email protected] Tel 82-2-2166-3824 Fax 82-2-2646-1503 Website www.hec.co.kr Address Hyundai 41 Tower Bldg., 917-9, Mok 1-dong, Yangcheon-gu, Seoul, Korea Philosophy A blueprint connecting the past, present and future of Hyundai Motor Group Since its establishment Hyundai Motor Group has built a history of success based on challenge and passion. -
History of Hyundai
History of Hyundai http://santafemods.com/History/History%20of%20Hyundai.htm Abstract Taking pride in your car by driving it and admiring it is one thing, actually knowing its history is quite another. The Hyundai Motor Company is one if not the most dynamic automobile producer in any developing country. This is remarkable considering that the company is closing in on 40 years of existence. To outline its history one must also look into the life and times of its founder Chung Ju-Yung. It cannot be told without the outlining the founders rise from the rice fields of Korea to the circumstances that let him to acquire the knowledge and determination that led to the creation of one of the fastest growing family owned businesses into a global competitor. His creation of numerous companies eventually let to the establishment of the Hyundai Group. The Hyundai Motor Company was one of these. He created it and transformed it from a mere assembler of Ford models to a designer and exporter of its own cars and engines in less than four decades. It has already become a major global player with plants and dealerships that span six continents. The company is one of the largest and most diversified business organizations with 45 affiliated domestic companies and 254 overseas companies in nearly 200 countries. The Hyundai Motor Company is but one which the Group is active in such as shipbuilding, steel, petrochemicals, heavy machinery, aerospace, electronics and financial services. These pages therefore outlines not only the rich and unique History of the Hyundai Motor Company but also the remarkable years beforehand that led to its creation, the eventual breakup of the Group and its continuous development into a top ten global automaker. -
Disti's GL Studio Adopted by Hyundai Motor Group
DiSTI’s GL Studio Adopted by Hyundai Motor Group GL Studio adopted by Hyundai Mobis and LG Electronics for the production of 3D Infotainment User Interfaces in their Vehicles. Orlando, FL (June 17, 2021) – Today, the DiSTI Corporation announced its GL Studio® HMI development software has been adopted by both Hyundai Mobis and LG Electronics for the production of 3D Infotainment User Interfaces (UI) for automotive manufacturer KIA. These 3D infotainment User Interfaces are deploying globally across a wide range of KIA models. The two companies, Hyundai Mobis and LG Electronics are working closely with DiSTI to leverage its GL Studio® software and cutting-edge capabilities to take the digital in-car experience into the future. “In order for drivers to have a more intuitive user experience when using the infotainment system, it was necessary to utilize 3D animation. As a result of reviewing several solutions, we selected the GL Studio solution that is advantageous in terms of hardware resource use, 3D animation performance, and flexibility in developing new GUIs in the future, and we look forward to continued collaboration in the future,” stated Yong-Jin Shin, Senior Research Engineer, Infotainment Platform Development Team 1. -MORE- KIA hopes that GL Studio® HMI development software will excel at delivering dynamic and fun driving to the driver, especially during driving maneuvers. Moreover, the 3D user experience will enhance the luxury image of the vehicle and provide user-friendly usability to the drive. Hyundai Mobis and LG Electronics will use GL Studio® to develop complex 3D interfaces in the Voice User Interface for Infotainment systems. -
Sales Manager – Colorado Springs CO
Sales Manager – Colorado Springs CO This position is open to Veterans, Transitioning Military, USAR, NG, Military Spouses, Spouses of Veterans, and Caregivers of War Wounded To apply for this position, please visit VetJobs.org or MilitarySpouseJobs.org and navigate to the RC Job Board under the Jobs tab. Search for Req # 300201BR Direct link: https://jobs.brassring.com/1033/ASP/TG/cim_jobdetail.asp?partnerid=16030&siteid=6090 &Areq=300201BR https://jobs.brassring.com/1033/ASP/TG/cim_jobdetail.asp?partnerid=16030 &siteid=6090&Areq=300201BR > All positions are open until filled unless otherwise noted. JOB DESCRIPTION: The Sales Manager hires, trains and develops new and existing sales representatives, ensuring that Bass Pro Shops customers are provided with outstanding service through sales and marketing efforts – such as generating leads and offering and selling OPC tours and vacation getaways to Bass Pro Shops customers. The Manager works to maintain a positive relationship with Bass Pro Shops management and associates serving as a good steward of the Bass Pro Shops brand. Specific Duties, Activities and Responsibilities • Recruits, hires, trains, schedules, coaches and motivates sales associates. Delivers a one-on-one conversation weekly with each sales associate. Develops sales associates for success in their position and future growth. • Responsible for the work performance of the staff in how they deliver the sales pitch and ensuring that the Company approved training program “Passport to Success” is delivered to all associates. Although significant support and resources are provided, it is the responsibility of the manager to ensure that the standards and policies of both Bluegreen and our partners are upheld. -
Asian Auto Newsletter Feb 2001.P65
ASIA IS A BUSINESS IMPERATIVE NOW MORE THAN EVER ASIAN AUTOMOTIVE NEWSLETTER Issue 23, February 2001 A bimonthly newsletter of developments in the auto and auto components markets CONTENTS CHINA/HK INTRODUCTION .............................................. 1 DaimlerChrysler is planning to sign a LOI by CHINA / HONG KONG ................................. 1 February 2001 with First Autoworks (FAW), one INDIA ..................................................................... 2 of Chinas leading state-owned vehicle companies. The INDONESIA ........................................................ 2 two companies aim to set up a 50:50 JV, which will JAPAN ..................................................................... 2 manufacture trucks and buses. The agreement comes KOREA ................................................................... 3 as a disappointment to Volkswagen, which itself is MALAYSIA ............................................................ 4 looking for a Chinese partner in bus and truck THAILAND .......................................................... 4 production, particularly given Volkswagens and FAWs FOCUS: Daewoo components suppliers .......... 5 longstanding partnership in auto manufacturing. (January 23, 2001) Shanghai Automotive Group and General Motors have negotiated to buy 51% and 35% respectively of INTRODUCTION Liuzhou Wuling Automotive Co Ltds B-shares to be issued in 2001. Negotiations between the three Daewoo Motors bankruptcy has adversely impacted companies are scheduled to conclude in March -
Hyundai Motor Group Appoints Peter Schreyer to Head Hyundai, Kia Design Centers
Hyundai Motor America 10550 Talbert Ave, Fountain Valley, CA 92708 MEDIA WEBSITE: HyundaiNews.com CORPORATE WEBSITE: HyundaiUSA.com FOR IMMEDIATE RELEASE HYUNDAI MOTOR GROUP APPOINTS PETER SCHREYER TO HEAD HYUNDAI, KIA DESIGN CENTERS Hyundai Motor Global P.R. Team Headquarters +82+234642153 [email protected] ID: 38044 Hyundai Motor Group strengthens design capabilities by streamlining design resources, maximizing synergy Schreyer to lead Group’s longterm design vision and enforce design differentiation Jan. 13, 2013 Hyundai Motor Group, led by Hyundai Motor Company and Kia Motors Corp., today announced that Peter Schreyer was appointed as President to oversee Hyundai and Kia’s design centers in order to streamline its resources and create synergy between the two brands. The move is also part of the Hyundai Motor Group’s bigger efforts to strengthen its competitiveness through qualitative growth. “Strengthening our fundamentals, especially in the area of design, is imperative to secure longterm competitiveness,” said Woong Chul Yang, Vice Chairman of Hyundai Motor Group’s R&D Center in Korea. “Design is not just the most visible aspect of the car, but it’s an area customers have a strong emotional connection to. It is at the center of our efforts to enhance our brand value. ” “Mr. Schreyer brings a wealth of experience in design from the global auto industry and has a deep understanding of the Hyundai Motor Group. These valuable qualities will help build the foundation needed to make Hyundai and Kia leading global top automakers,” added Mr. Yang. On Jan. 2., the Group announced ‘Brand Innovation based on Quality’ as this year’s management direction during a new year speech delivered by MongKoo Chung, Chairman and CEO of Hyundai Motor Group. -
Base De Datos De Códigos De Marcas De Vehículos Automotores Y Afines Actualizado Al 03 De Marzo De 2020
BASE DE DATOS DE CÓDIGOS DE MARCAS DE VEHÍCULOS AUTOMOTORES Y AFINES ACTUALIZADO AL 03 DE MARZO DE 2020 Nombre de marca Código FOREDIL 1 ASTRA 2 KOBELCO 3 ALFA ROMEO 4 ALPINE 5 APRILIA 6 AMBASSADOR 7 LIBERTY 8 A.M.X 9 AEOLUS 10 GORFETT 11 ARO 12 LOTUS 13 ASCORT 14 KRESKE 15 AUDI 16 AUSTIN 17 CURTIS WRIGHT 18 PANGARO 19 ELLIOT MACH 20 MHNCK 21 BENTLEY 22 B.M.W. 23 MACAL 24 BERT 25 BOND 26 BUSH HOG 27 BUICK 28 CADILLAC 29 EUROMOTOS 30 KRAZ 31 CHEVROLET 32 CHRYSLER 33 Nombre de marca Código BARQUARD 34 CITROEN 35 MINZK 36 CLENET 37 CIAO 38 DAF 39 DAIHATSU 40 DAIMLER 41 DATSUN 42 DESMCO 43 DE LOREAN SSS 44 PALI 45 D.K.W. 46 DODGE 47 ENZMAN 48 ESCALIBUR 49 CHARCK 50 FERRARI 51 FIAT 52 CEDARAPIDS 53 FORD 54 FORD-WILLYS 55 CARLIN 56 FRUEHAUF 57 GILBERN 58 ZILL 59 GREMLIN 60 HILLMAN 61 HONDA 62 HORNET 63 HUMBER 64 IMPERIAL 65 INNOCENTI 66 URB3A3 67 INTERNATIONAL 68 ALAB 69 ISUZU 70 JAGUAR 71 Nombre de marca Código JAVELIN 72 JEEP 73 TRAILEZE 74 LAMBORGHINI 75 LANCIA 76 LEYLAND-INNOCENTI 77 TFI 78 LINCOLN 79 COTTRELL 80 STER AZUL 81 MARLIN 82 MASERATI 83 MATADOR 84 MATRA 85 MERCURY 86 M.G. 87 OHIO 88 MITSUBISHI 89 BILLIS 90 MORRIS 91 MOSKOVITCH 92 NISSAN 93 N.S.U. 94 OWENS 95 JINCHENG 96 BETA 97 FSO 98 HAPAG LLOYD 99 TRANS GLOBAL 100 PLYMOUTH 101 PONTIAC 102 PORSCHE 103 SSANG YONG 104 ROVER 105 HARMEN 106 RENAULT 107 BEIJING 108 JIANSHE 109 Nombre de marca Código ROLLS-ROYCE 110 ZIL 111 RUGER 113 SAAB 114 SABRA 115 ORENSTEIN & KOPPEL 116 SCALDIA 117 SHIGULI 118 SIMCA 119 SCHAEFF 120 SKODA 121 FONTA 122 SUBARU 123 SUNBEAM 124 SUZUKI 125 TATSA 126 MORINI 127 THUNDERBIRD 128 FORDSON 129 TOYOTA 130 TRAILER 131 TRIDENT 132 TRIUMPH 133 BB & W 134 CLUB CAR 135 VAUXHALL 136 VOLKSWAGEN 137 VOLVO 138 HYOSUNG 139 PULLMAN 140 GILLI PHANTOM 141 WILLYS 142 WOLSELEY 143 TITAN 144 ZAZ 145 HERITAGE 146 BELLE 147 AUTOCAR 148 Nombre de marca Código ALL AMERICAN 149 ALLIS CHALMER 150 AMERICA MOTOR 151 ARMSTRONG 152 B.M.G. -
HYUNDAI HEAVY INDUSTRIES CO., LTD Non-Consolidated Financial
HYUNDAI HEAVY INDUSTRIES CO., LTD Non-Consolidated Financial Statements December 31, 2009 and 2008 (With Independent Auditors’ Report Thereon) Contents Page Independent Auditors’ Report 1 Non-Consolidated Statements of Financial Position 2 Non-Consolidated Statements of Income 4 Non-Consolidated Statements of Appropriation of Retained Earnings 5 Non-Consolidated Statements of Changes in Equity 6 Non-Consolidated Statements of Cash Flows 8 Notes to Non-Consolidated Financial Statements 10 Independent Accountants’ Review Report on Internal Accounting Control System 53 Independent Auditors’ Report Based on a report originally issued in Korean The Board of Directors and Stockholders Hyundai Heavy Industries Co., Ltd: We have audited the accompanying non-consolidated statements of financial position of Hyundai Heavy Industries Co., Ltd., (the “Company”) as of December 31, 2009 and 2008 and the related non-consolidated statements of income, appropriation of retained earnings, changes in equity and cash flows for the years then ended. These non- consolidated financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these non-consolidated financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the Republic of Korea. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.