Hanwha Group logo
ConglomerateDefense, Energy, Aerospace

Hanwha Group

한화그룹

Diversified group in defense, solar energy and aerospace.

CEO
Kim Dong-kwan
Employees
70,000
Founded
1952
Last update
Jul 28, 2026, 11:03 AM GMT-3

Latest News

Finance

Hanwha Investment Cuts KEPCO Target Price, Cites Energy Price Risk

Hanwha Investment & Securities slashed its target price for Korea Electric Power (KEPCO) from 64,000 won to 47,000 won, warning that volatile global energy prices could weigh on earnings even as it kept its 'Buy' rating. KEPCO shares tumbled about 7% the day the report came out.

Defense

Hanwha Aerospace Lifts KAI Stake to 11.21% With ₩313.3 Billion in Two Weeks

Hanwha Aerospace has raised its group-level holding in Korea Aerospace Industries to 11.21% after spending about 313.3 billion won in two weeks, deepening speculation over a possible privatization of the country's only aircraft manufacturer.

Defense

Hanwha Ocean Stock Tumbles 23% After Losing Canada Submarine Deal to TKMS

Shares of Hanwha Ocean slumped roughly 23% after Canada picked Germany's TKMS to build its next-generation submarine fleet, dealing a heavy blow to the South Korean shipbuilder's overseas defense push.

Defense

Hanwha Pours Additional 500 Billion Won to Lift KAI Stake to 15%

Hanwha Group is investing an extra 500 billion won to raise its holding in Korea Aerospace Industries to around 15%, tightening its grip on the country's aerospace and defense industry.

Finance

Hanwha Shareholders Approve Spin-Off of Tech, Life Insurance Units

Hanwha Group shareholders have approved the spin-off of the conglomerate's technology and life insurance divisions, a step tied to a broader restructuring linked to the group's succession planning.

Global Business

Hanwha shareholders back split that sharpens succession map

Hanwha Corp. shareholders approved a corporate split separating the group's core defense, shipbuilding, energy and finance units from its machinery and lifestyle businesses, clarifying control among the founding family's three sons.

Defense

Hanwha Aerospace targets Europe's rearmament drive at NATO Ankara forum

Hanwha Aerospace presented its 'Built with Europe, for Europe' localization strategy at the NATO Defence Industry Forum in Ankara, aiming to embed itself in the alliance's defense supply chains as European demand for its artillery and missile systems grows.

Defense

Hanwha Aerospace Set for Stronger H2 Earnings, Orders: Korea Investment Keeps 2M Won Target

Korea Investment & Securities reaffirmed a buy rating and a 2 million won target price on Hanwha Aerospace, saying earnings and orders should turn higher in the second half on sustained defense-export momentum and a record backlog.

Global Business

Hanwha Ocean Wins $265 Million Order for Two VLCC Tankers

Hanwha Ocean has clinched a $265 million contract to build two very large crude carriers, adding to a fast-growing order backlog as demand for oil tankers holds firm.

Defense

Hanwha Aerospace Unveils Korea's First Homegrown Drone Engines

Hanwha Aerospace has revealed South Korea's first domestically developed long-life drone engines, a step toward indigenous aero-propulsion technology that could eventually power a homegrown fighter jet engine.

Timeline

  1. Hanwha Investment Cuts KEPCO Target Price, Cites Energy Price Risk
  2. Hanwha Aerospace Lifts KAI Stake to 11.21% With ₩313.3 Billion in Two Weeks
  3. Hanwha Ocean Stock Tumbles 23% After Losing Canada Submarine Deal to TKMS
  4. Hanwha Pours Additional 500 Billion Won to Lift KAI Stake to 15%
  5. Hanwha Shareholders Approve Spin-Off of Tech, Life Insurance Units
  6. Hanwha shareholders back split that sharpens succession map
  7. Hanwha Aerospace targets Europe's rearmament drive at NATO Ankara forum
  8. Hanwha Aerospace Set for Stronger H2 Earnings, Orders: Korea Investment Keeps 2M Won Target

Related companies

Koreabw · Hanwha Group