2017년 9월 2일 토요일

Hyundai (2nd chaebul group in korea) founder chung ju-young


Hyundai (2nd chaebul group in korea) founder chung ju-young

Jeong Ju Young, the greatest entrepreneur in the history of Korea, is born as the eldest son of six boys and two girls between his father Chung Bong-sik and his mother Han Seongsil.

He can not go to junior high school because of poverty and help his father farm.
He repeats the runaway several times to escape poverty but repeats the failure many times. Eventually, the runaway succeeds.

After the first runaway
"I started construction work in Chongjin. I need a worker at the construction site of the steel factory"
When he saw the Dong - A Ilbo article, he stole money from his father 's cattle and left his hometown and carried the soil from the railway construction board in the Wonsan high plateau.

Starting with this, Chung Joo-young tried to run away four times. The second runaway went to work in a gold coin. The third runaway was carried away while his father ran away with a 70 won money for the cattle, and was taken to his hometown while studying at the Kyungsung Practice Bookkeeper.

Father:
People who come out of college are not getting jobs. If you study, you will fail. Besides, you are the eldest son, and you are destined to farm.


The fourth runaway was 19 years old when he was 19 years old at Incheon. He was unemployed and unemployed in Kyungsung Province for the following year. Three years after leaving home, the salary became 20 gallons of rice.
(It is not exactly 20 gallons, but I wrote it to help understand Korea.)

At this time, the master of the reporters saw the excellent ability of Chung Ju Young. The money calculation is fast and simple and the store is handed to Chung Ju-young.





Episode 1.  현대자동차공업사 "이봐! 해봤어?!"

현대를 설립하기 전 그는 '아도서비스'라는 자동차 수리공장을 세운다.
직원 80명에 달할 정도로 크게 운영하지만, 화재로 건물이 전소해 버리는 일이 발생

다행히 평소 그의 행동을 눈여겨보았던 당시 후원인이 거금을 빌려줘 다시 재기에 성공한다.

1942년 5월 일본의 기업정리령에 의해 공장을 빼앗기다시피하고 새로운 일거리를 찾아 떠나게 된다.


Since then, he has lived with his younger siblings and his children in a house of more than twenty square meters in Donam-dong, Seoul. In April 1946, after the liberation of the Japanese Empire, Shinhan Corporation, an affiliated organization of the US Military Administration, established Hyundai Motor Industrial Company, which can be called the mother of the Hyundai Group. Then, in May 1947, Hyundai Construction Company was established and entered into the construction business. In January 1950, Hyundai Construction Company and Hyundai Motor Company merged with two companies, Hyundai Construction Company and Hyundai Motor Company.
At that time, the capital amounted to 3,000,000 won.


But that year the Korean War broke out. When Seoul is occupied by North Korea, he abandons everything and flees to Busan with his family.




At that time, Chung Ju Young's younger brother Jung In-young served as an interpreter officer of the US military command, and was able to maintain the civil engineering business in Seoul. After the restoration of Seoul, it is widely known that the US 8th Army orders almost exclusively.

Episode 2. Hyundai E & C "Trial is not a failure!"

Immediately after the Korean War, Hyundai E & C restored the cities, bridges, roads, houses and buildings destroyed by war. The construction demand will gradually 





Given the ever-growing demand for construction, he will expand the business.

In June 1964, Hyundai Cement Plant started to supply cement to itself.

After that
Nakdong River Bridge Recovery
Han River Restoration
Restoration of 1st Han River Bridge
Incheon 1st Dock Restoration
Ordered projects such as

In 1960, the contract limit of domestic construction companies was ranked first.
Completed cement factory in Danyang in 1964

In 1965, the first Pattani Narathiwat Expressway in Thailand will be constructed.
In 1967, we entered the automobile industry again and established Hyundai Motor Co., Ltd.

Expansion of Hyundai E & C's cement factory Established Hyundai Cement Co., Ltd. in January 1970
Since then, Hyundai E & C and Hyundai Semiconductor have secured the overseas construction market and won awards.
We will also enter the construction market outside Korea.



Episode 3. Entry into Korea
"A man who thinks he can do anything is the way to do it!"

Since then, the Ulsan Shipyard has been successfully constructed.

The construction of Ulsan Shipyard is very famous.

In 1971, Chung Joo-yong traveled around Europe to get a loan with a picture of Mipo Bay beach and a tanker ship borrowed from a foreign shipyard.

At that time, Park Chung Hee called for Chung Ju-young

"Let's do it by the chairperson"

"Sir, we do not have technology or capital, it's impossible."

"If you are not a businessman, you are not a corporation without a country.

Entering the shipbuilding

He was frustrated with their stance that they could not afford to borrow money from Japan, Canada, or the United States.

He met a foreigner and showed a picture of a sandbox with nothing and a turtle ship. "Korea is the first country in the world to build a turtle, the world '
I do not know what impressed me with this statement, but I got credit and got a loan.


But this is not true.

Fact
1. In fact, the Korean government guaranteed it.
2. I did not have a picture, a paper bill, but also a detailed paper.
3. At that time, 'I'll lend you money to make sure you sell'
Because of the British side's position, the contract was almost empty at the last minute.
Onassis's brother-in-law Libanus and poison are won.


Episode 4. Middle East mythology "stereotypes are making idiots!"

In February 1971, he was responsible for Hyundai Motor, Hyundai E & C, and Hyundai Cement Co., Ltd.
After the founding of Hyundai Group
Inaugurated as CEO
Dec. 1973 Entered Heavy Industry and established Hyundai Shipyard Heavy Industries Co., Ltd.

And then the oil shock caused the money to be huge in the Middle East.
Korean builders have boldly entered the Middle East market. Hyundai E & C was at the forefront.

Hyundai E & C has won orders of 400,000 or 30,000, which are less than half the price.

The results were not much different from the construction companies in the developed countries, so they took on more construction work and the Middle East money makes a big leap in the economy of the Republic of Korea.


One more thing, Chung Ju-young wanted to save the construction cost and shorten the period. He decides to put all the equipment in Korea and put it on the barge and move it to Vale.

When I thought of it easily, I put 12,000km in front of a large boat carrying a large raft. It is highly likely that the typhoon will be wrecked by the frequent floods in the Philippines, the Indian Ocean, and the Gulf. The conclusion is well executed, and Hyundai E & C is very successful.


Born as the son of a poor farmer,
Having a global group "Hyundai"
Representative of Korea
Asan Chung Ju-young

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Korean columnist , contact by nkoreanview@gmail.com

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