Arab Today, arab today hyundai chief vows new start for embattled conglomerate
Last Updated : GMT 04:36:37
Arab Today, arab today
Arab Today, arab today

Hyundai chief vows new start for embattled conglomerate

Arab Today, arab today

Arab Today, arab today Hyundai chief vows new start for embattled conglomerate

Seoul - Yonhap

The chairwoman of Hyundai Group vowed to invigorate the embattled conglomerate, currently undergoing a self-imposed debt reduction program, and its shipping affiliate as she launched a new vessel on Friday. "The launching of the ship will help Hyundai Group and Hyundai Merchant Marine (HMM) make the next leap forward," Hyun Jeong-eun said at the christening ceremony for Hyundai Dream, a 131,000 twenty-foot equivalent (TEU) container unit vessel on Geoje Island, some 470 kilometers southeast of Seoul.

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