- CEO
- Yong-Bae Lee
- Full Time Employees
- 4,541
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- 37 Cheoldobakmulgwan-ro Changwon SG South Korea 16082
- IPO Date
- Oct 30, 2013
- Business
- Hyundai Rotem Company (064350.KS), a member of Hyundai Motor Group, manufactures railway rolling stock, defense products, and plant equipment; its railway solutions encompass high-speed trains such as KTX-Sancheon, KTX-Eum, and KTX-Cheongryong, electric multiple units (EMUs), light rail vehicles (LRVs), diesel multiple units (DMUs), locomotives, passenger coaches, freight wagons, signaling systems, communications, power supply, platform screen doors, and aftermarket services including maintenance, modernization, and parts; defense solutions feature K2 Black Panther and K1 main battle tanks, K808 White Tiger wheeled armored personnel carriers, K600 Rhino combat engineering vehicles, heavy equipment transporters, and unmanned ground vehicles; plant and machinery offerings include automated guided vehicles, baggage handling and conveyor systems, passenger boarding bridges, mechanical and servo presses, steel mill equipment such as electric arc furnaces and ladle furnaces, and hydrogen infrastructure solutions like steam methane reforming plants and hydrogen stations. Founded in 1977 and headquartered in Changwon-si, South Korea, the company operates globally across more than 50 countries, supplying products to markets in Asia, Europe, North America, Africa, and Australia. Recent developments include a KRW2.2 trillion contract in 2025 to supply double-deck electric trains to Morocco's ONCF, a $298 million Taichung subway project deal in Taiwan, a KRW270 billion high-speed train export to Uzbekistan in 2024, a $1.5 billion train agreement with Morocco, a major follow-up US$6.7 billion K2 tank contract with Poland for 261 units including K2PL variants, expansion of K2 production capacity by two- to fourfold, and advancements in hydrogen fuel cell trams slated for Daejeon Metro Line 2 by 2028.