The Formative Years,
Hanwha’s Emergence
1950 - 1979
- Jun. 1952Chong Hee Kim, Founder of Hanwha Group, acquired Joseon Gunpowder Joint Market
- Oct. 1952Founded Korea Explosives (currently Hanwha Corporation)
- Oct. 1955Acquired a power plant operated in Incheon by Chosun Oil and Fat Company
- 1957Succeeded in domestically producing dynamite
- Jan. 1964Acquired Shinhan Bearing Industrial
- May. 1974Officially designated as a national defense contractor
- Aug. 1978Completed construction of Yeosu Plant
The Years of Expansion, Upgrading
Hanwha's Business Portfolio
1980 - 1999
- 1981Hanwha's 2nd Chairman, Seung-youn Kim, took office
- Nov. 1982Awarded the Gold Tower Industrial Medal and the $100 Million Export Tower Award
- Jul. 1987Acquired Daejeon Plant
- Jan. 1988Hankook Plastics Industrial merged into Hanyang Chemical
- Oct. 1991Completed construction of Boeun Plant
- May. 1992Completed construction of a nitric acid manufacturing facility at Incheon Plant
- Mar. 1993Company name changed to Hanwha Corporation
- Jan. 1996Acquired Duksan Construction (currently the Construction and Engineering Division)
- Oct. 1998Established FAG-Hanwha Bearings
- Nov. 1998Awarded the Silver Tower Industrial Medal and the $1 Billion Export Tower Award
The Years Ahead,
Striving Toward New Dreams
2000 - Present
- Oct. 2000Hosted the 1st Seoul International Fireworks Festival
- Oct. 2006Relocated Incheon Plant to Boeun
- 2007Announced the new CI “Hanwha TRIcircle
- 2008Opened the Hanwha Human Resources Development Center
- Apr. 2008Integrated Gumi and Changwon Plants
- Dec. 2008Awarded the Gold Tower Industrial Medal and the $2 Billion Export Tower Award at the 45th Annual Trade Day Ceremony
- Nov. 2009Opened the Hanwha Historical Museum
- Jun. 2010Acquired Microaerobot
- Jul. 2013Launched Hanwha Mining Services
- Oct. 2014Acquired Hanwha TechM (currently Hanwha Corporation/Machinery Division)
- Nov. 2014Signed agreements for the acquisition of Samsung Techwin and Samsung Thales
- Jun. 2015Launched Hanwha Techwin and Hanwha Thales
- Feb. 2018Official sponsorship of the 2018 PyeongChang Olympic Winter Games and Winter Paralympics (Fireworks and Torch Division)
- Nov. 2020Launched Hanwha Global
- Jul. 2022sold off defence division
- Nov. 2022Acquired Hanwha E&C
- Jul. 2024Momentum division separation