HD Hyundai
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Head office: 477, Bundangsuseo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Republic of Korea. Tel.: +82-1522-5001
HD Hyundai Co. is a Korea-based holding company engaged in the fields of Construction Machinery, Oil Refinery, Electric and Electronic segment, Ship Service, and the manufacture and sale of industrial robots and others.
The company’s subsidiary Hyundai Construction Equipment manufactures construction equipment and industrial vehicles including excavators, wheel loaders, forklifts and skid steer loaders. Its equipment is widely used in demolitions carried out by the Israeli military and Israeli authorities in the occupied West Bank and occupied East Jerusalem.
House demolitions
Between 2019 and 2024, Hyundai heavy machinery was used for dozens of demolitions of Palestinian houses and agricultural and water structures carried out by the Israeli authorities in the occupied West Bank and occupied East Jerusalem.
On February 13, 2024, Hyundai machinery was documented in the demolition of two homes in the village of al-Walaja in the occupied West Bank.
On December 27, 2023, Hyundai excavator was used in the demolition of a home by the Israeli Civil Administration (ICA), leaving a family of eight, including four minors, homeless, in the community of al-Jawaya in the South Hebron Hills, occupied West Bank.
On July 12, 2023, Hyundai bulldozer was used for the destruction of a water cistern by the ICA in the village of al-Baq’ah, Hebron District, occupied West Bank. The water cistern was used by six families numbering a total of 30 people for domestic consumption and irrigation.
On July 18, 2023, Hyundai excavators were used in the uprooting of about 100 trees and the demolition of a fence surrounding farmland by the ICA in Khirbet Birin, northeast of the town of Yatta, the South Hebron Hills.
On March 28, 2023, a Hyundai excavator was used for the demolition of agricultural structures and water well in the town of Deir Ballut in the Salfit Governorate, occupied West Bank.
On March 2, 2023, Hyundai machinery was used in the demolition of the home of a family numbering 8 people, 6 of them minors, leaving the family homeless, in the town of Idhna, west of Hebron, occupied West Bank. ICA personnel, escorted by military and Border Police carried out the demolition.
On February 13, 2023, Hyundai machinery was used for the demolition of two homes in the Palestinian Neighborhood of Jabel Mukaber in occupied East Jerusalem.
On January 29, 2023, Hyundai excavators participated in the demolition of 14 homes in Jabel Mukaber, occupied East Jerusalem.
On January 25, 2023, Hyundai excavators were used in demolitions carried out by ICA personnel in the village of Ein a-Duyuk a-Tahta, west of Jericho. ICA personnel, escorted by military and Border Police and six bulldozers, demolished seven structures that served as vacation homes and belonged to seven families, numbering 43 people in total, 27 of them minors. The forces also demolished a swimming pool and three fences, damaged another fence, 13 water tanks, and a road leading to one of the structures, and uprooted trees.
On January 11, 2023, at least three Hyundai excavators were used for the demolition of a two-story home that was intended for a family of 11, including eight minors, in the village of al-Baq'ah in Hebron District in the occupied West Bank. The demolition was carried out by ICA personnel accompanied by military and Border Police escort.
On January 3, 2023, two Hyundai excavators were used for the demolition of a Palestinian family’s home under construction that was intended for a family of six, four of them minors, in the village of Khirbet Ma’in, southeast of the town of Yatta in the Hebron District. The ICA personnel also destroyed a water hole already in use under the house.
In 2022, Hyundai excavators were used in at least five demolitions carried out by Israeli forces in Masafer Yatta in the South Hebron Hills, occupied West Bank, where some 1,150 Palestinians are at imminent risk of forcible displacement. The demolitions in question displaced at least 15 Palestinians, including six children. According to Amnesty International, in all these cases, Hyundai’s logo was visible on excavators, alongside EFCO’s brand sticker. These incidents include the demolition of two homes, housing at least nine people, in the village of Umm Qussa in July 2022, carried out by Israeli forces with a Hyundai HW210 wheeled excavator and an HX330AL crawler excavator; and the demolition of a home and a water cistern that provided for a family of six in the village of Khallet al-Mayah with a Hyundai HX330AL crawler excavator.
In July 2022, Hyundai excavators were documented in the demolition of Palestinian buildings in the East Jerusalem area, where 18 people, including 10 minors, resided.
On June 1st, 2022, Hyundai heavy machinery was documented in house demolition in the village of a-Za’ayyem, in the Jerusalem Governorate in the occupied West Bank.
On May 10, 2022, Hyundai heavy machinery was documented in a demolition of a building in Silwan, occupied East Jerusalem, where 45 tenants lived. On February 24, 2022, Hyundai machinery was documented in house demolition in Anata, in the Jerusalem Governorate in the occupied West Bank.
On January 17 and 19, 2022, Hyundai heavy machinery was documented in demolitions in Sheikh Jarrah neighborhood in occupied East Jerusalem.
On December 29, 2021, Hyundai heavy machinery was documented in demolitions in Jabal al-Mukabber neighborhood in occupied East Jerusalem and in Silwan neighborhood in occupied East Jerusalem.
On December 28, 2021, Hyundai machinery was documented in a house demolition in Hebron, occupied West Bank.
On November 23, 2021, Hyundai machinery was documented in a number of demolitions: in Wadi Hummus in Sur Baher neighborhood in occupied East Jerusalem; in house demolitions in the villages of Khirbet Ma’in; and in demolish of a structure intended for burial in a-Deirat, in the south Hebron Hills, occupied West Bank.
On November 9, 2021, Hyundai machinery was documented in a house demolition in the village of al-Walaja, occupied West Bank. On November 4, 2021, Hyundai machinery was documented in a house demolition in Jawaya town, Hebron, in the occupied West Bank. On November 3, 2021, Hyundai machinery was documented in a house demolition in Jabal al-Mukabber, occupied East Jerusalem.
On October 26, 2021, Hyundai machinery was documented in demolition of 4 stores in Deir Qaddis village, in the occupied West Bank.
On June 6, 2021, Hyundai machinery was documented in a house demolition in Silwan, occupied East Jerusalem.
On March 8, 2021, Hyundai machinery was documented in a house demolition in the town of Bani Na’im near Hebron, occupied West Bank.
On December 24, 2019, Hyundai machinery was documented in a house demolition in Isawiya, in occupied East Jerusalem.
On November 22, 2019, Hyundai machinery was documented in demolition of Palestinian water wells near the Israeli settlement of Kiryat Arba, near Hebron occupied West Bank.
On July 27, 2019, Hyundai machinery was documented in house demolition in Sur Baher in occupied East Jerusalem.
HD Hyundai Infracore (formerly Hyundai Doosan Infracore)
Doosan heavy machinery division was acquired by Hyundai in 2021. Doosan equipment was previously documented in demolitions in the occupied West Bank and East Jerusalem, and in the construction of settlements, the Separation Wall and checkpoints.
On November 23, 2022, a Doosan bulldozer was documented in the demolition of a primary school in the Palestinian community of Khirbet a-Safai al-Foqa in Masafer Yatta in the South Hebron Hills, West Bank.
On November 9, 2021, a Doosan excavator was used by the Israeli Civil Administration in the demolition of three homes housing 13 family members, including nine children, in the village of Al Walajah in the occupied West Bank.
On October 20, 2021, Doosan equipment was documented in demolition accompanied by Israeli Police and Border Police in Hosh Abu Tayeh in Silwan in occupied East Jerusalem.
Construction on occupied land
Hyundai excavators were previously documented during construction works on occupied land in the occupied West Bank and East Jerusalem.
In November 2021, Hyundai machinery was documented in construction works for the Jerusalem Light Rail (JLR) network in Neve Ya’akov settlement neighborhood in occupied East Jerusalem, as part of the JLR Red Line extension. The JLR network is an Israeli transport infrastructure project connecting large settlement blocks in occupied East Jerusalem and is contingent on the expropriation of Palestinian land and the further territorial fragmentation of the city’s Palestinian neighborhoods. For more on the Jerusalem Light Rail see Who Profits’ report: Developments in the Expansion of the JLR Network: The J-Net Project.
In January 2017, Hyundai heavy machinery was documented in settlement construction work near the settlement of Ariel in the occupied West Bank. In 2016, Hyundai machinery was used in construction work in Pisgat Ze'ev settlement neighborhood in occupied East Jerusalem. Company equipment was also used in construction works in the settlement of Halamish and in the Barkan Industrial Zone in the occupied West Bank.
In February 2017, company equipment was documented paving a new settler-only road in the West Bank, the Nabi Elias bypass road. Approximately 700 olive trees belonging to Palestinians in the area were slated to be uprooted for the construction of the road. For more on Nabi Elias bypass road see our previous report: Roads and Infrastructure: Nabi Elyas Bypass Road (Highway 55)
HD Hyundai Co. is a Korea-based holding company engaged in the fields of Construction Machinery, Oil Refinery, Electric and Electronic segment, Ship Service, and the manufacture and sale of industrial robots and others.
The company’s subsidiary Hyundai Construction Equipment manufactures construction equipment and industrial vehicles including excavators, wheel loaders, forklifts and skid steer loaders. Its equipment is widely used in demolitions carried out by the Israeli military and Israeli authorities in the occupied West Bank and occupied East Jerusalem.
House demolitions
Between 2019 and 2024, Hyundai heavy machinery was used for dozens of demolitions of Palestinian houses and agricultural and water structures carried out by the Israeli authorities in the occupied West Bank and occupied East Jerusalem.
On February 13, 2024, Hyundai machinery was documented in the demolition of two homes in the village of al-Walaja in the occupied West Bank.
On December 27, 2023, Hyundai excavator was used in the demolition of a home by the Israeli Civil Administration (ICA), leaving a family of eight, including four minors, homeless, in the community of al-Jawaya in the South Hebron Hills, occupied West Bank.
On July 12, 2023, Hyundai bulldozer was used for the destruction of a water cistern by the ICA in the village of al-Baq’ah, Hebron District, occupied West Bank. The water cistern was used by six families numbering a total of 30 people for domestic consumption and irrigation.
On July 18, 2023, Hyundai excavators were used in the uprooting of about 100 trees and the demolition of a fence surrounding farmland by the ICA in Khirbet Birin, northeast of the town of Yatta, the South Hebron Hills.
On March 28, 2023, a Hyundai excavator was used for the demolition of agricultural structures and water well in the town of Deir Ballut in the Salfit Governorate, occupied West Bank.
On March 2, 2023, Hyundai machinery was used in the demolition of the home of a family numbering 8 people, 6 of them minors, leaving the family homeless, in the town of Idhna, west of Hebron, occupied West Bank. ICA personnel, escorted by military and Border Police carried out the demolition.
On February 13, 2023, Hyundai machinery was used for the demolition of two homes in the Palestinian Neighborhood of Jabel Mukaber in occupied East Jerusalem.
On January 29, 2023, Hyundai excavators participated in the demolition of 14 homes in Jabel Mukaber, occupied East Jerusalem.
On January 25, 2023, Hyundai excavators were used in demolitions carried out by ICA personnel in the village of Ein a-Duyuk a-Tahta, west of Jericho. ICA personnel, escorted by military and Border Police and six bulldozers, demolished seven structures that served as vacation homes and belonged to seven families, numbering 43 people in total, 27 of them minors. The forces also demolished a swimming pool and three fences, damaged another fence, 13 water tanks, and a road leading to one of the structures, and uprooted trees.
On January 11, 2023, at least three Hyundai excavators were used for the demolition of a two-story home that was intended for a family of 11, including eight minors, in the village of al-Baq'ah in Hebron District in the occupied West Bank. The demolition was carried out by ICA personnel accompanied by military and Border Police escort.
On January 3, 2023, two Hyundai excavators were used for the demolition of a Palestinian family’s home under construction that was intended for a family of six, four of them minors, in the village of Khirbet Ma’in, southeast of the town of Yatta in the Hebron District. The ICA personnel also destroyed a water hole already in use under the house.
In 2022, Hyundai excavators were used in at least five demolitions carried out by Israeli forces in Masafer Yatta in the South Hebron Hills, occupied West Bank, where some 1,150 Palestinians are at imminent risk of forcible displacement. The demolitions in question displaced at least 15 Palestinians, including six children. According to Amnesty International, in all these cases, Hyundai’s logo was visible on excavators, alongside EFCO’s brand sticker. These incidents include the demolition of two homes, housing at least nine people, in the village of Umm Qussa in July 2022, carried out by Israeli forces with a Hyundai HW210 wheeled excavator and an HX330AL crawler excavator; and the demolition of a home and a water cistern that provided for a family of six in the village of Khallet al-Mayah with a Hyundai HX330AL crawler excavator.
In July 2022, Hyundai excavators were documented in the demolition of Palestinian buildings in the East Jerusalem area, where 18 people, including 10 minors, resided.
On June 1st, 2022, Hyundai heavy machinery was documented in house demolition in the village of a-Za’ayyem, in the Jerusalem Governorate in the occupied West Bank.
On May 10, 2022, Hyundai heavy machinery was documented in a demolition of a building in Silwan, occupied East Jerusalem, where 45 tenants lived. On February 24, 2022, Hyundai machinery was documented in house demolition in Anata, in the Jerusalem Governorate in the occupied West Bank.
On January 17 and 19, 2022, Hyundai heavy machinery was documented in demolitions in Sheikh Jarrah neighborhood in occupied East Jerusalem.
On December 29, 2021, Hyundai heavy machinery was documented in demolitions in Jabal al-Mukabber neighborhood in occupied East Jerusalem and in Silwan neighborhood in occupied East Jerusalem.
On December 28, 2021, Hyundai machinery was documented in a house demolition in Hebron, occupied West Bank.
On November 23, 2021, Hyundai machinery was documented in a number of demolitions: in Wadi Hummus in Sur Baher neighborhood in occupied East Jerusalem; in house demolitions in the villages of Khirbet Ma’in; and in demolish of a structure intended for burial in a-Deirat, in the south Hebron Hills, occupied West Bank.
On November 9, 2021, Hyundai machinery was documented in a house demolition in the village of al-Walaja, occupied West Bank. On November 4, 2021, Hyundai machinery was documented in a house demolition in Jawaya town, Hebron, in the occupied West Bank. On November 3, 2021, Hyundai machinery was documented in a house demolition in Jabal al-Mukabber, occupied East Jerusalem.
On October 26, 2021, Hyundai machinery was documented in demolition of 4 stores in Deir Qaddis village, in the occupied West Bank.
On June 6, 2021, Hyundai machinery was documented in a house demolition in Silwan, occupied East Jerusalem.
On March 8, 2021, Hyundai machinery was documented in a house demolition in the town of Bani Na’im near Hebron, occupied West Bank.
On December 24, 2019, Hyundai machinery was documented in a house demolition in Isawiya, in occupied East Jerusalem.
On November 22, 2019, Hyundai machinery was documented in demolition of Palestinian water wells near the Israeli settlement of Kiryat Arba, near Hebron occupied West Bank.
On July 27, 2019, Hyundai machinery was documented in house demolition in Sur Baher in occupied East Jerusalem.
HD Hyundai Infracore (formerly Hyundai Doosan Infracore)
Doosan heavy machinery division was acquired by Hyundai in 2021. Doosan equipment was previously documented in demolitions in the occupied West Bank and East Jerusalem, and in the construction of settlements, the Separation Wall and checkpoints.
On November 23, 2022, a Doosan bulldozer was documented in the demolition of a primary school in the Palestinian community of Khirbet a-Safai al-Foqa in Masafer Yatta in the South Hebron Hills, West Bank.
On November 9, 2021, a Doosan excavator was used by the Israeli Civil Administration in the demolition of three homes housing 13 family members, including nine children, in the village of Al Walajah in the occupied West Bank.
On October 20, 2021, Doosan equipment was documented in demolition accompanied by Israeli Police and Border Police in Hosh Abu Tayeh in Silwan in occupied East Jerusalem.
Construction on occupied land
Hyundai excavators were previously documented during construction works on occupied land in the occupied West Bank and East Jerusalem.
In November 2021, Hyundai machinery was documented in construction works for the Jerusalem Light Rail (JLR) network in Neve Ya’akov settlement neighborhood in occupied East Jerusalem, as part of the JLR Red Line extension. The JLR network is an Israeli transport infrastructure project connecting large settlement blocks in occupied East Jerusalem and is contingent on the expropriation of Palestinian land and the further territorial fragmentation of the city’s Palestinian neighborhoods. For more on the Jerusalem Light Rail see Who Profits’ report: Developments in the Expansion of the JLR Network: The J-Net Project.
In January 2017, Hyundai heavy machinery was documented in settlement construction work near the settlement of Ariel in the occupied West Bank. In 2016, Hyundai machinery was used in construction work in Pisgat Ze'ev settlement neighborhood in occupied East Jerusalem. Company equipment was also used in construction works in the settlement of Halamish and in the Barkan Industrial Zone in the occupied West Bank.
In February 2017, company equipment was documented paving a new settler-only road in the West Bank, the Nabi Elias bypass road. Approximately 700 olive trees belonging to Palestinians in the area were slated to be uprooted for the construction of the road. For more on Nabi Elias bypass road see our previous report: Roads and Infrastructure: Nabi Elyas Bypass Road (Highway 55)
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HD Hyundai
Head office: 477, Bundangsuseo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Republic of Korea.
Tel.: +82-1522-5001
HD Hyundai Co. is a Korea-based holding company engaged in the fields of Construction Machinery, Oil Refinery, Electric and Electronic segment, Ship Service, and the manufacture and sale of industrial robots and others.
The company’s subsidiary Hyundai Construction Equipment manufactures construction equipment and industrial vehicles including excavators, wheel loaders, forklifts and skid steer loaders. Its equipment is widely used in demolitions carried out by the Israeli military and Israeli authorities in the occupied West Bank and occupied East Jerusalem.
House demolitions
Between 2019 and 2024, Hyundai heavy machinery was used for dozens of demolitions of Palestinian houses and agricultural and water structures carried out by the Israeli authorities in the occupied West Bank and occupied East Jerusalem.
On February 13, 2024, Hyundai machinery was documented in the demolition of two homes in the village of al-Walaja in the occupied West Bank.
On December 27, 2023, Hyundai excavator was used in the demolition of a home by the Israeli Civil Administration (ICA), leaving a family of eight, including four minors, homeless, in the community of al-Jawaya in the South Hebron Hills, occupied West Bank.
On July 12, 2023, Hyundai bulldozer was used for the destruction of a water cistern by the ICA in the village of al-Baq’ah, Hebron District, occupied West Bank. The water cistern was used by six families numbering a total of 30 people for domestic consumption and irrigation.
On July 18, 2023, Hyundai excavators were used in the uprooting of about 100 trees and the demolition of a fence surrounding farmland by the ICA in Khirbet Birin, northeast of the town of Yatta, the South Hebron Hills.
On March 28, 2023, a Hyundai excavator was used for the demolition of agricultural structures and water well in the town of Deir Ballut in the Salfit Governorate, occupied West Bank.
On March 2, 2023, Hyundai machinery was used in the demolition of the home of a family numbering 8 people, 6 of them minors, leaving the family homeless, in the town of Idhna, west of Hebron, occupied West Bank. ICA personnel, escorted by military and Border Police carried out the demolition.
On February 13, 2023, Hyundai machinery was used for the demolition of two homes in the Palestinian Neighborhood of Jabel Mukaber in occupied East Jerusalem.
On January 29, 2023, Hyundai excavators participated in the demolition of 14 homes in Jabel Mukaber, occupied East Jerusalem.
On January 25, 2023, Hyundai excavators were used in demolitions carried out by ICA personnel in the village of Ein a-Duyuk a-Tahta, west of Jericho. ICA personnel, escorted by military and Border Police and six bulldozers, demolished seven structures that served as vacation homes and belonged to seven families, numbering 43 people in total, 27 of them minors. The forces also demolished a swimming pool and three fences, damaged another fence, 13 water tanks, and a road leading to one of the structures, and uprooted trees.
On January 11, 2023, at least three Hyundai excavators were used for the demolition of a two-story home that was intended for a family of 11, including eight minors, in the village of al-Baq'ah in Hebron District in the occupied West Bank. The demolition was carried out by ICA personnel accompanied by military and Border Police escort.
On January 3, 2023, two Hyundai excavators were used for the demolition of a Palestinian family’s home under construction that was intended for a family of six, four of them minors, in the village of Khirbet Ma’in, southeast of the town of Yatta in the Hebron District. The ICA personnel also destroyed a water hole already in use under the house.
In 2022, Hyundai excavators were used in at least five demolitions carried out by Israeli forces in Masafer Yatta in the South Hebron Hills, occupied West Bank, where some 1,150 Palestinians are at imminent risk of forcible displacement. The demolitions in question displaced at least 15 Palestinians, including six children. According to Amnesty International, in all these cases, Hyundai’s logo was visible on excavators, alongside EFCO’s brand sticker. These incidents include the demolition of two homes, housing at least nine people, in the village of Umm Qussa in July 2022, carried out by Israeli forces with a Hyundai HW210 wheeled excavator and an HX330AL crawler excavator; and the demolition of a home and a water cistern that provided for a family of six in the village of Khallet al-Mayah with a Hyundai HX330AL crawler excavator.
In July 2022, Hyundai excavators were documented in the demolition of Palestinian buildings in the East Jerusalem area, where 18 people, including 10 minors, resided.
On June 1st, 2022, Hyundai heavy machinery was documented in house demolition in the village of a-Za’ayyem, in the Jerusalem Governorate in the occupied West Bank.
On May 10, 2022, Hyundai heavy machinery was documented in a demolition of a building in Silwan, occupied East Jerusalem, where 45 tenants lived. On February 24, 2022, Hyundai machinery was documented in house demolition in Anata, in the Jerusalem Governorate in the occupied West Bank.
On January 17 and 19, 2022, Hyundai heavy machinery was documented in demolitions in Sheikh Jarrah neighborhood in occupied East Jerusalem.
On December 29, 2021, Hyundai heavy machinery was documented in demolitions in Jabal al-Mukabber neighborhood in occupied East Jerusalem and in Silwan neighborhood in occupied East Jerusalem.
On December 28, 2021, Hyundai machinery was documented in a house demolition in Hebron, occupied West Bank.
On November 23, 2021, Hyundai machinery was documented in a number of demolitions: in Wadi Hummus in Sur Baher neighborhood in occupied East Jerusalem; in house demolitions in the villages of Khirbet Ma’in; and in demolish of a structure intended for burial in a-Deirat, in the south Hebron Hills, occupied West Bank.
On November 9, 2021, Hyundai machinery was documented in a house demolition in the village of al-Walaja, occupied West Bank. On November 4, 2021, Hyundai machinery was documented in a house demolition in Jawaya town, Hebron, in the occupied West Bank. On November 3, 2021, Hyundai machinery was documented in a house demolition in Jabal al-Mukabber, occupied East Jerusalem.
On October 26, 2021, Hyundai machinery was documented in demolition of 4 stores in Deir Qaddis village, in the occupied West Bank.
On June 6, 2021, Hyundai machinery was documented in a house demolition in Silwan, occupied East Jerusalem.
On March 8, 2021, Hyundai machinery was documented in a house demolition in the town of Bani Na’im near Hebron, occupied West Bank.
On December 24, 2019, Hyundai machinery was documented in a house demolition in Isawiya, in occupied East Jerusalem.
On November 22, 2019, Hyundai machinery was documented in demolition of Palestinian water wells near the Israeli settlement of Kiryat Arba, near Hebron occupied West Bank.
On July 27, 2019, Hyundai machinery was documented in house demolition in Sur Baher in occupied East Jerusalem.
HD Hyundai Infracore (formerly Hyundai Doosan Infracore)
Doosan heavy machinery division was acquired by Hyundai in 2021. Doosan equipment was previously documented in demolitions in the occupied West Bank and East Jerusalem, and in the construction of settlements, the Separation Wall and checkpoints.
On November 23, 2022, a Doosan bulldozer was documented in the demolition of a primary school in the Palestinian community of Khirbet a-Safai al-Foqa in Masafer Yatta in the South Hebron Hills, West Bank.
On November 9, 2021, a Doosan excavator was used by the Israeli Civil Administration in the demolition of three homes housing 13 family members, including nine children, in the village of Al Walajah in the occupied West Bank.
On October 20, 2021, Doosan equipment was documented in demolition accompanied by Israeli Police and Border Police in Hosh Abu Tayeh in Silwan in occupied East Jerusalem.
Construction on occupied land
Hyundai excavators were previously documented during construction works on occupied land in the occupied West Bank and East Jerusalem.
In November 2021, Hyundai machinery was documented in construction works for the Jerusalem Light Rail (JLR) network in Neve Ya’akov settlement neighborhood in occupied East Jerusalem, as part of the JLR Red Line extension. The JLR network is an Israeli transport infrastructure project connecting large settlement blocks in occupied East Jerusalem and is contingent on the expropriation of Palestinian land and the further territorial fragmentation of the city’s Palestinian neighborhoods. For more on the Jerusalem Light Rail see Who Profits’ report: Developments in the Expansion of the JLR Network: The J-Net Project.
In January 2017, Hyundai heavy machinery was documented in settlement construction work near the settlement of Ariel in the occupied West Bank. In 2016, Hyundai machinery was used in construction work in Pisgat Ze'ev settlement neighborhood in occupied East Jerusalem. Company equipment was also used in construction works in the settlement of Halamish and in the Barkan Industrial Zone in the occupied West Bank.
In February 2017, company equipment was documented paving a new settler-only road in the West Bank, the Nabi Elias bypass road. Approximately 700 olive trees belonging to Palestinians in the area were slated to be uprooted for the construction of the road. For more on Nabi Elias bypass road see our previous report: Roads and Infrastructure: Nabi Elyas Bypass Road (Highway 55)
Ownership
The company is publicly traded on the Korea Exchange under the ticker symbol: 267250 (KRX, 267250).
Major shareholders include: Mong-Joon Chung (26.6%), HD HYUNDAI CO., LTD. (10.54%), National Pension Service of Korea (9.99%), Ki-Sun Jung (5.45%), The Asan Foundation (3.89%).
CEO: Oh-Gap Kwon
Director: Yun-Seong Hwang
Subsidiaries
HD Korea Shipbuilding & Offshore Engineering, HD Hyundai Heavy Industries, HD Hyundai Electric, HD Hyundai Robotics, HD Hyundai Marine Solution, HD Hyundai XiteSolution, HD Hyundai Oilbank, Hyundai Future Partners, Avikus, HD Hyundai SAMHO, HD Hyundai MIPO, HD Hyundai Energy Solutions, Ulsan HD Football Club, HD Hyundai Construction Equipment, HD Hyundai Infracore, HD Hyundai E&T, HD Hyundai Chemical, HD Hyundai Cosmo, HD Hyundai Shell Base Oil, HD Hyundai OCI.
Partners
EFCO Equipment is the exclusive Israeli representative of Hyundai Construction Equipment.
* This section refers to the company's general business partners