EE Impact

Hyosung

South Korea · Automotive, Chemical Industry, Conglomerate, Construction & Architecture, Industrial Equipment, IT

LeaveRussia detail: Suspension

Operations suspended

Hyosung Corporation is a South Korean industrial chaebol, founded in 1966. It operates in various fields, including the chemical industry, industrial machinery, IT, trade, and construction. It is known in Korea mostly for high-end apartments and automatic teller machines. Its CEO and Chairman is Cho Hyun-joon.

Status last verified 03/08/2026Source checked 10/06/2025Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 16/06/2024 · Reference ↗

Hyousung sponsored a market forum 2022 in Moscow Palace. Significantly reduced revenue in 2023 vs 2022. Revenue decreased in 2024 vs 2023 by more than -20%.

Local stats (LeaveRussia)

Assets(RF), mln.USD
7
Capital(RF), mln.USD
6
Revenue(RF), mln.USD
1
Staff(RF), 2021
93
Taxes(RF), mln.USD
1
Glob.Revenue, mln.USD
2631

Status history since 2022

  1. 03/08/2026 suspended · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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