Hanwha Group, founded in 1952, is one of the Top-Ten business enterprises in South Korea and a “FORTUNE Global 500” company. Hanwha Group has 58 domestic affiliates and 193 global networks in three major sectors: manufacturing and construction, finance, and services and leisure. They manufacture industrial explosives, defence products, and aircraft. They are also involved in the production of cluster munitions.
Hanwha group with the acquisition of Samsung Techwin and Samsung Thales, is now Korea’s Defence Industry leader and global defence company. According to the Hanwha Group website, Samsung Techwin and Samsung Thales are now subsidiaries of the Hanwha Group1
While investor information is difficult to discern for Hanwha Group, one investor is listed below. This information is correct as at Dirty Profits 1 publication, December 2012.
- http://www.hanwha.com/en/news_and_media/press_release/hanwha-group-becomes-koreas-defense-industry-leader-with-launch-of-hanwha-techwin-hanwha-thales.html [↩]