Hyundai Glovis Net Worth is7.0 $Billion
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Type: Public company
Traded As: 086280
Foundation: February 2001 (as Hankook Logitech Co. Ltd.)
Location City: Seoul
Location Country: South Korea
Area Served: Worldwide
Key People: Kyung-Bae Kimurl
Industry: Logistics, Automotive industry
Services: Logistics, car retailing, shipping
Homepage: http://www.glovis.net/eng/
Hyundai Glovis Co., Ltd. (KRX: 086280) is a logistics company headquartered in Seoul, Korea and part of the Hyundai Kia Automotive Group. Its predecessor company, Hankook Logitech Co. Ltd was formed in February 2001. Hyundai Glovis supplies ocean transportation logistics advice, cargo space, loading/unloading, and packaging services. It changed its name to Hyundai Glovis in June 2003. Hyundai Glovis provides ocean transportation, air transportation, inland transportation, logistics consulting, storage, packaging services as well as supply chain management services. Since 2011, the company has launched auto parts recycling business, named "OnECO," and it mainly consists of distribution of reuse and remanufactured auto parts.

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Hyundai Glovis Latest News

Hyundai cancels Mobis-Glovis restructuring plan

Hyundai Motor made a major U-turn on its publicly announced restructuring plan this week after seeing the market's reaction to its plans and after consulting with major shareholders. The automaker said it no longer planned to break up its Hyundai Mobis ...
Posted: May 23, 2018, 1:50 am

Hyundai Motor Caves in to Elliott, Scraps $8.8 Billion Deal

... s Hyundai Mobis Co. unit on Monday withdrew a proposal to sell two of its most lucrative businesses to affiliate Hyundai Glovis Co., Mobis Chief Executive Officer Young-Deuk Lim said in a letter to investors on Monday. The company, originally ...
Posted: May 21, 2018, 6:48 pm

Hyundai overhaul plan gets more opposition

Glass Lewis & Co. and Institutional Shareholder Services Inc. have come out against the restructuring plan, which calls for the automotive giant to sell some of its businesses to affiliate Hyundai Glovis Co. ISS said in a report Tuesday that although the ...
Posted: May 15, 2018, 5:13 am
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