Company:Hyundai Rotem
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 Hyundai Rotem Headquarters in Uiwang | |
Native name | 현대로템주식회사 |
|---|---|
Romanized name | Hyeondae rotem jusikoesa |
| Formerly | Korea Rolling Stock Corporation (1999–2001) Rotem (2002–2007) Hyundai Rotem (2007–present) |
| Type | Public |
| KRX: 064350 | |
| Industry | Railways Defense Factories |
| Predecessors |
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| Founded | July 1, 1977 |
| Headquarters | Changwon, Gyeongsangnam-do, South Korea |
Area served | Worldwide |
Key people | Lee Yong-bae (CEO) |
| Products | Railway vehicles, military vehicles, manufacturing plants |
| Revenue |  ₩3.1633 trillion[1] (2022) |
| ₩147.5 billion[1] (2022) | |
| ₩194.5 billion[1] (2022) | |
| Total assets | ₩4.8239 trillion[1] (2022) |
| Total equity | ₩1.4915 trillion[1] (2022) |
| Owner |
|
Number of employees | 3,800 |
| Parent | Hyundai Motor Company |
| Subsidiaries | EUROTEM |
| Website | Official website in English Official website in Korean |
Hyundai Rotem (Korean: 현대로템) is a South Korean company that manufactures rolling stock, defense products and plant equipment. It is a part of the Hyundai Motor Group. Its name was changed from Rotem to Hyundai Rotem in December 2007 to reflect the parent company.[2] It is also called Hyundai Railroad Technology Systems.
History
The company was founded in 1977. In 1999, the company changed its name to Korea Rolling Stock Corporation (KOROS) as a result of the merging between three major rolling stock divisions: Hanjin Heavy Industries, Daewoo Heavy Industries and Hyundai Precision & Industries. The company subsequently changed its name to Railroad Technology System, or Rotem, on 1 January 2002.[3] It adopted its current name in December 2007 to reflect its current owner.
Hyundai Rotem currently employs 3,800 people and exports to 50 countries worldwide.
Railway products
Notable projects include supplying most of South Korea's rolling stock, which include Korail's KTX high speed trains, electric multiple units (EMUs), and electric locomotives. Other products in South Korea include supplying all of Seoul Metro, Seoul Metropolitan Rapid Transit, Busan Metro Lines, and Shinbundang Line's rolling stock. International products include Hong Kong MTR's K-Stock and R-Stock EMUs, commuter EMUs for Taiwan, trains for the New Delhi Metro, and automated trains for the Canada Line in Vancouver , Canada. It delivered 120 Silverliner V commuter trains for SEPTA Regional Rail in the Philadelphia, Pennsylvania area and 66 Silverliner Vs for Regional Transportation District (RTD)'s A Line.[4]
Trams and light rail vehicles
- Canada – Edmonton LRT Valley Line West (40 low-floor LRVs, on order)
- Poland – Warsaw tram network (123 tramcars)
- Turkey – Istanbul LRT T4 high-floor LRVs
- Turkey – Izmir trams
High-speed rail
- Korail KTX-I
- HSR-350X
- Korail KTX-Sancheon
- HEMU-430X (maximum speed: 421.4 km/h (261.8 mph))
- Korail KTX-Eum (EMU-260, EMU-320)
Diesel multiple units
- Iran – Islamic Republic of Iran Railways railbus
- Ireland – Iarnród Éireann 22000 Class
- Philippines – PNR Metro Commuter Line DMUs
- Thailand – State Railway of Thailand (SRT) APD.20 and APD.60 DMUs (then by Daewoo)
- Syria – Syrian Railways
- South Korea – Korail Saemaul-ho diesel-hydraulic multiple units
Electric multiple units
- Australia – NSW TrainLink D sets linking Sydney with the Blue Mountains, Central Coast, Newcastle, Illawarra, Wollongong, Shellharbour and South Coast district areas
- Brazil – CPTM (Sao Paulo) EMU 9500 series
- Brazil – Supervia (Rio de Janeiro) EMU 2500 series
- Malaysia – KTM Class 91
- Malaysia – KTM Class 83
- New Zealand – FP class for Greater Wellington Regional Council, for use in Wellington
- South Korea – Incheon Airport Maglev (Ecobee)
- South Korea – ITX-Saemaeul EMU-150 (Korean long-distance trains, max 150 km/h (93 mph))[5]
- Taiwan – TRA EMU500 series (first produced by Daewoo, then by Hyundai Rotem after merger), EMU600 series (mechanically identical, built only by Hyundai Rotem), EMU900 series
- Turkey - Marmaray E32000 series
- Turkey - Başkentray E23000 series
- Turkey - İZBAN E22100 series
- United States – Silverliner V for SEPTA Regional Rail (Philadelphia) and RTD Commuter Rail (Denver)
- Ukraine – HRCS2 for Ukrainian Railways
Metro cars
- Brazil – Sao Paulo Metro, Line 4
- Brazil – Salvador Metro
- Canada – Vancouver SkyTrain Canada Line Hyundai Rotem EMU
- Greece – Athens Metro EMUs (for lines 2, 3 and Athens Airport service)
- Hong Kong – MTR
- K-train (with Mitsubishi Heavy Industries) for Tseung Kwan O line since 2010 and Tung Chung line from 2006 (served on the Kwun Tong line from 2002 to 2009 due to United Goninan's lack of knowledge of repairing Rotem trains for the Tseung Kwan O line's bendy tracks)
- R-train for East Rail line (entered service since 6 February 2021, have replaced the Metro-Cammell EMU fleet since 2022)
- India – Delhi Metro
- Phase 1- broad gauge EMUs; Red Line (Delhi Metro), Yellow Line (Delhi Metro) (erstwhile user), Blue Line (Delhi Metro)
- Phase 2- standard gauge EMUs; Green Line (Delhi Metro), Violet Line (Delhi Metro)
- Phase 3- standard gauge driverless EMUs; Pink Line (Delhi Metro), Magenta Line (Delhi Metro), Grey Line (Delhi Metro)
- India – Bangalore Metro EMUs
- India – Hyderabad Metro EMUs
- India – Nagpur Metro EMUs
- Indonesia – Jakarta LRT high-floor LRVs
- Kazakhstan – Almaty Metro EMUs
- Malaysia – Putrajaya line EMUs
- Philippines – Manila LRT Line 1 1100 class high-floor LRVs (with Adtranz)
- Philippines – Manila LRT Line 2 2000 class (with Toshiba for electrical components)
- Philippines – Manila MRT Line 7 000 class
- Singapore - SMRT C151 refurbishment, Hyundai Rotem J151 for Jurong Region Line[6]
- South Korea – 2000 series EMU for Seoul Metro Line 2, 5000/6000/7000/8000 series EMU for the former SMRT (now under Seoul Metro), Korail, DJET, DGSC, BTC, AREX, Incheon Metro, and Daegu Metro Line 2
- South Korea - Busan Metro Class 1000 (Hyundai Seiko), Class 2000 (Hanjin Industrial) and Class 3000 (Rotem)
- Taiwan - Taoyuan Metro Green Line EMUs
- Taiwan - Taipei Metro
- Taiwan - Kaohsiung Metro Red Line extension EMUs
- Tunisia - Sahel Metro
- Turkey – Istanbul Metro Line 2, Line 6, Line 7 and Line 8
- Turkey – Adana Metro high-floor LRVs
- United States - Los Angeles Metro Rail HR5000 [7]
Electric locomotives
- South Korea– Korail 8000, 8100, 8200, 8500
- Turkey – TCDD E68000 (only first 8 locomotives, later 72 built by TÜLOMSAŞ under Hyundai Rotem license)
Diesel-electric locomotives
- Bangladesh – Bangladesh Railway 2900, 3000 series locomotives
- Korea – Korail class 4400 (GT18B-M), 7000, 7100, 7200, 7300, 7400, 7500 (GT26CW series)
Push-pull coaches
- Taiwan – TRA: E1000 push-pull trainsets (by Hyundai Precision, Alstom, and Union Carriage & Wagon)
- United States – Rotem bi-level push-pull cars
- MBTA BTC-4D and CTC-5 cars
- Metrolink Guardian cars BTC-5
- Tri-Rail BTC-5 push-pull cars
Defense products
- K1 Main Battle Tank
- K2 Black Panther Main Battle Tank
- K600 Rhino Combat Engineering Vehicle
- K1 Armoured Recovery Vehicle
- Decon Machinery
- 60-Ton Heavy Equipment Transporter (HET)
- K1 Tank Gunnery Trainer
- Depot Maintenance
- Integrated Logistics System
Plant and Machinery
- Mechanical Press, Hydraulic Press, Auto Racking System
- Electric Arc Furnace – Steel
- Ladle Furnace
- Cranes
- Passenger Boarding Bridges
- Plant construction
Projects
Hyderabad Metro
Hyderabad Metro Rail announced on September 12, 2012, that it has awarded the rolling stock tender to Hyundai Rotem of South Korea. The tender is for 57 rakes consisting of 171 cars which will delivered phase wise at least 9 months before the commencement of each stage. On 22 May 2014 the first train had arrived at Uppal depot in Hyderabad. On 31 December 2014, Hyderabad Metro created a new technology record by successfully running a train in Automatic Train Operation (ATO) mode for the first time on Indian soil between Nagole and Mettuguda.[8]
Istanbul Marmaray
Hyundai Rotem announced on November 11, 2008, that it had signed a €580m contract to supply the rolling stock for the Marmaray cross-Bosporus tunnel project in Istanbul. The Korean firm saw off competition from short-listed bidders Alstom, CAF and a consortium of Bombardier, Siemens and Nurol for the 440-vehicle contract which was placed by the Ministry of Transport's General Directorate of Railways, Harbours & Airports.
The 22 m long stainless steel cars will be formed into 10 and five-car EMUs. Some production will be carried out locally by Eurotem, Hyundai Rotem's joint venture with Turkish rolling stock manufacturer TÜVASAŞ. The cars will arrive in three batches, the first 160 cars by 2011, the last by June 2014.
Hyundai Rotem won its first contract in Turkey in 1996, and has now completed seven orders for a total of 804 vehicles worth US$1·6bn. In July it signed a contract to provide 84 DMUs in conjunction with Tüvasas.
'Hyundai Rotem has earned the trust of Turkey by providing high quality products and technology', said Executive Vice-chairman Yeo-Sung Lee. 'We believe this brightens the outlook for future business opportunities in Turkey such as the Istanbul line and the Ankara line.'
Boston MBTA
Hyundai Rotem was awarded a contract with Boston's MBTA in early 2008 for the construction of 75 cars. The contract entails the delivery of the first 4 cars by October 2010 while the remaining 71 cars were scheduled to be delivered by the end of 2012. However, due to chronic delays, shoddy workmanship, material shortage, and the death of Hyundai Rotem's chief executive, M.H. Lee, in November 2012, only four cars have been delivered by the end of 2012. On December 21, 2012, the MBTA sent a letter to Hyundai Rotem threatening to cancel the contract if a solution is not soon reached, which, would be a breach of the contract terms.[9] Since then, the new cars have continued to experience various mechanical problems resulting in car shortages and delays.[10]
See also
- Economy of South Korea
- Woojin Industrial Systems
- Dawonsys
- Sung Shin Rolling Stock Technology
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 "HYUNDAI ROTEM 064350". FnGuide. 2022. Archived from the original on 26 January 2024. https://web.archive.org/web/20240126230030/https://comp.fnguide.com/SVO3/ASP/SVD_Main.asp?gicode=A064350. Retrieved 26 January 2024.
- ↑ "Hyundai Rotem News: 현대로템㈜ '08년 해외수주 2조원 진입" (in ko). 2007-12-04. http://www.rotem.co.kr/news/news_view.asp?idx=700.
- ↑ "HYUNDAI ROTEM" (in en). http://www.hyundai-rotem.co.kr/eng/.
- ↑ "Philly railcar maker Hyundai Rotem gives up and leaves town". Philadelphia Inquirer. 2018-08-17. https://www.inquirer.com/philly/blogs/inq-phillydeals/septa-hyundai-rotem-crrc-rail-cars-philadelphia-20180817.html.
- ↑ Korean website see Village Pump discussion in the Commons
- ↑ "韩国现代Rotem获颁裕廊区域线62列列车合约". 6 February 2020. https://www.zaobao.com.sg/realtime/singapore/story20200206-1026732.
- ↑ "Metro - File #: 2023-0496". https://metro.legistar.com/LegislationDetail.aspx?ID=6413915&GUID=F846ED21-46FB-4D75-910B-C6B6EF2D9D68&FullText=1.
- ↑ Correspondent, Special. "Metro rail goes on first automatic trial run" (in en). The Hindu. http://www.thehindu.com/news/cities/Hyderabad/metro-rail-goes-on-first-automatic-trial-run/article6742659.ece.
- ↑ Moskowitz, Eric. "MBTA threatens to cancel $190m deal for rail cars". Boston Globe. http://www.boston.com/news/local/massachusetts/2013/01/10/mbta-threatens-cancel-deal-for-rail-cars/PVa86CM0EWA4PL5a0gZuTP/story.html.
- ↑ Powers, Martine. "MBTA's new rail cars heading for a retooling". Boston Globe. https://www.bostonglobe.com/metro/2014/01/29/problems-plague-new-hyundai-rotem-commuter-rail-cars/0WOOTVM6DWMty4nXvUtnpL/story.html.
External links
- Business data for Hyundai Rotem:
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