Hanwha Solutions

Hanwha Solutions Corporation
Native name
한화솔루션
Company typePublic
KRX: 009830
Founded1965; 59 years ago (1965)
Headquarters,
South Korea
Revenue13.28 trillion (2023)
₩604.5 billion (2023)
₩-155.2 billion (2023)
Total assets₩24.49 trillion (2023)
Total equity₩9.01 trillion (2023)
Number of employees
6,004 (2023)
ParentHanwha Group
Divisions
Websitehanwhasolutions.com/en
Footnotes / references
[1]
Hanwha Solutions
Hangul
한화솔루션
Revised RomanizationHanhwa Sollusyeon
McCune–ReischauerHanhwa Sollusyŏn

Hanwha Solutions Corporation (Korean: 한화솔루션) is a multinational energy services, petrochemical, and real estate development company headquartered in Seoul, South Korea. The company is part of the Hanwha Group, a large South Korean business conglomerate. Founded in 1965 as Hanwha Chemical, the company was rebranded as Hanwha Solutions in January 2020 when Hanwha Chemical merged with Hanwha Q Cells & Advanced Materials,[2] which itself was formed out of a 2018 merger.[3] The company added the Hanwha Galleria and Hanwha City Development real estate companies to its portfolio in April 2021.[4] The Galleria division and the Advanced Materials division were spun off.[5] The Electronic Materials business, which had remained part of the Advanced Materials division, was also transferred to a subsidiary of the company.[6][7]

  1. ^ "Hanwha Solutions Profile 2023" (PDF). Hanwha Solutions.
  2. ^ Lee, Yoojung (24 June 2020). "Harvard Grad's Nikola Bet Bolsters Dynasty Built on Dynamite". Bloomberg News.
  3. ^ Kim Bo-gyung (31 October 2018). "Hanwha Q Cells Korea seeks to remain top solar cell maker". The Korea Herald. Retrieved 19 June 2019.
  4. ^ "Hanwha heir tightens grip on group via mergers". 9 December 2020.
  5. ^ "Hanwha Solutions to split off its retail, advanced materials units". The Korea Times. 2022-09-23. Retrieved 2023-07-03.
  6. ^ 김, 은희 (2023-05-15). "Hanwha Solutions Electronic Materials Business to become 'Hanwha Essentials'..."Completing the reorganization of energy-centered business structure"". Herald Economy (in Korean). Retrieved 2023-07-03.
  7. ^ "Hanwha Solutions/Transfers of business to related parties/2023.04.27". dart.fss.or.kr. Retrieved 2023-07-03.