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HL Group

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HL Group

HL Group (KoreanHL그룹), formerly Halla Group, is a South Korean chaebol that engages in automobile, construction, distribution/port, investment, education, and sports businesses in Korea and internationally. Its construction business comprises the provision of civil, architectural, housing, plant, and environmental works; supply of construction materials, such as remicon, compounds, and pile concrete; and manufacture and distribution of remicon and aggregates.

Halla Group was founded as Hyundai International, Inc. in 1962. The Halla name was first used in 1978 as the name of a cement company. The name Halla is taken from Mount Halla, a mountain on Jeju Island.

Halla collapsed in 1997 during the 1997 Asian financial crisis.

In 2008 Halla repurchased Mando, a car company they sold during the financial crisis. The chaebol also sponsors multiple hockey teams, mainly Anyang Halla in the Asia League Ice Hockey and Kiekko-Vantaa in the Finnish Mestis.

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