HL Group (), formerly Halla Group, is a South Korean

chaebol A chaebol ( , ; , ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group. Several dozen large South Kore ...

that engages in

automobile A car, or an automobile, is a motor vehicle with wheels. Most definitions of cars state that they run primarily on roads, Car seat, seat one to eight people, have four wheels, and mainly transport private transport#Personal transport, peopl ...

, construction, distribution/port, investment, education, and sports businesses in Korea and internationally. Its construction business comprises the provision of civil, architectural, housing, plant, and environmental works; supply of construction materials, such as remicon, compounds, and pile concrete; and manufacture and distribution of remicon and aggregates.

History

Halla Group was founded as Hyundai International, Inc. in 1962. The Halla name was first used in 1978 as the name of a cement company. The name Halla is taken from Mount Halla, a mountain on

Jeju Island Jeju Island (Jeju language, Jeju/) is South Korea's largest island, covering an area of , which is 1.83% of the total area of the country. Alongside outlying islands, it is part of Jeju Province and makes up the majority of the province. The i ...

. Halla collapsed in 1997 during the

1997 Asian Financial Crisis The 1997 Asian financial crisis gripped much of East Asia, East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide eco ...

. In 2008 Halla repurchased Mando, a car company they sold during the financial crisis. The chaebol also sponsors multiple hockey teams, mainly

Anyang Halla HL Anyang () is a professional ice hockey team based in Anyang (South Korea), Anyang in Gyeonggi Province, South Korea. It is one of the founding and current members of the Asia League Ice Hockey (ALIH). Formed in 1994, it is the oldest profess ...

in the

Asia League Ice Hockey Asia League Ice Hockey (; ) or ALIH (AL) is an association which operates a professional ice hockey league based in East Asia, with teams from Japan, South Korea, and formerly China and Russia. The league is headquartered in Japan. At the end of ...

and Kiekko-Vantaa in the Finnish

Mestis Mestis (from , meaning 'Championship series', stylized as MEST1S) is the second-highest men's ice hockey league in Finland. The league was established by the Finnish Ice Hockey Association in 2000 to replace the I-divisioona ('First Division ...

References

External links

hlcompany.com
Chaebol Conglomerate companies of South Korea Conglomerate companies established in 1962 South Korean companies established in 1962 {{SouthKorea-company-stub