Shinhan Heavy Industries Co., Ltd. Asset Profile

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Year established

1990

Location

Ulsan South Korea

Primary Industry

Ship Building & Repair

About

Based in Ulsan, South Korea, and founded in 1990, Shinhan Heavy Industries Co., Ltd. is a manufacturer of ship components, steel structures, and equipment for ship construction. The company owns several manufacturing facilities in Ulsan, South Korea. The company is an affiliate of Daewoo Shipbuilding & Marine Engineering Co., Ltd. The company's main products and services are focused on shipbuilding and marine plant facilities construction. The shipbuilding sector manufactures deck houses, Engine Casting & FUnnel (EC), gas tanks, engine blocks, and other parts for the ship. The marine plant facilities construction sector manufactures living quarters for the people who work at the plant facilities and technical buildings that require electrical installation. Shinhan Heavy Industries Co., Ltd. manufactures ship components for LNG vessels, gas carriers, and other types of tankers. In 2019, the company revenue was approximately KRW 235 billion. As of January 2021, the company is in corporate rehabilitation procedures.

Current Investors

NH Investment & Securities, Opus Private Equity, Taehwa Enterprise Co.,Ltd.

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Primary Industry

Ship Building & Repair

Sub Industries

Ship Building & Repair

Website

www.shinhanheavy.co.kr

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

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