Hyundai E&C said on the 8th that last year's annual orders topped 25 trillion won, the largest since its founding. According to Hyundai E&C, annual orders in 2025 are estimated at 25.5151 trillion won, up 39% from the previous year's 18.3111 trillion won. Hyundai E&C is the first Korean builder to surpass 25 trillion won in annual orders.
Hyundai E&C unveiled a new vision as an "Energy Transition Leader" at its CEO Investor Day in March last year and set a goal of securing more than 25 trillion won in orders by 2030, which it achieved ahead of schedule.
In energy, Hyundai E&C achieved results including: ▲ a basic design contract with Fermi America for the construction of four large nuclear power plants ▲ an Early Works Agreement for a new nuclear power plant in Finland ▲ a solar power project in Texas ▲ the Shinan-Ui offshore wind project. By winning orders for Saudi transmission lines and major data centers in the Seoul metropolitan area, it also expanded into the energy value chain.
In Iraq, it won a contract for a seawater supply facility (WIP·Water Infrastructure Project) worth about $3 billion (4 trillion won). In dwellings, powered by wins such as the Gaepo Jugong Complexes 6 and 7 and the Apgujeong District 2 redevelopment projects, it recorded 10.5105 trillion won in annual orders, becoming the first domestic urban renewal business to surpass 10 trillion won.
Hyundai E&C plans to focus on energy this year and strengthen its push into advanced markets. Lee Han-woo, Hyundai E&C's chief executive, said in a New Year's message on the 5th, "Since declaring our transition into an energy company, we have built a solid business foundation based on technology and trust," adding, "This year, our efforts across the entire energy value chain—from production to transport to consumption—will translate into tangible results."
In nuclear and renewable energy, it will pursue projects such as the Kozloduy large nuclear power plant in Bulgaria, Palisades SMR-300, and offshore wind power. In transmission, it plans to expand into new markets such as Australia in addition to Saudi Arabia. It will also broaden its scope in data centers from development to operations and extend overseas starting with Japan. The dwellings business will focus on winning orders along Seoul's Han River belt.
Also, through a recent organizational restructuring, it integrated the building and dwellings, safety and quality organizations to expand synergies, and formed dedicated future core business teams to drive concrete results in areas including ▲ pumped-storage hydropower ▲ offshore wind ▲ data centers ▲ sustainable aviation fuel (SAF) ▲ hydrogen & ammonia. It also reshaped its R&D organization and moved to a field-centric structure.
A Hyundai E&C official said, "As 2026 is the year we put our prepared changes into full execution, it will be a year of a new leap forward by showcasing Hyundai E&C's key projects across the United States and Europe, leading the flow of global energy hegemony and driving future changes in Korea's construction industry."
Meanwhile, Hyundai E&C plans to establish a Work Innovation Center under its Strategic Planning Division and push innovation in corporate culture and work methods using AI.