Valeo Electric System Korea

Company Name : Valeo Electric System Korea
CEO : Kang, Kibong
Type of business : Manufacture of new automotive electric parts
Business contents : Manufacturing automotive parts(generator for car, start motor), trading, offering, real estate lease
Form of company : Major company, 1000 Fortune company, Foreign-invested corporation, External audit corporation, export/import company
Established dated : 1999. Jun. 14th
Number of Employee : 766 (2017)
Sales turnover : KRW 541,353,730,000 (2017)
Capital : KRW 51,512,000,000 (2017)
Business Profit : KRW 42,310,640,000 (2017)
Representative Tel. +82-54-770-6114
Web site : http://www.valeo.com/
Address : 52, Gongdan-ro 69beon-gil, Gyeongju-si, Gyeongsangbuk-do, Republic of Korea

Information from : http://www.saramin.co.kr

Company History
( from saramin.co.kr, since there was no history about Korea Valeo)

1962

Oct. Established Hyundai Yanghaeng Co., Ltd.

1970

Apr. Begun production of Alternator, Starter, Distributor

1980

Feb. Changed company as Mando Machinery Co., Ltd.

1986

Jun. Moved factory to Gyeongju-si, Gyeongsangbuk-do

1991

Oct. Established Research & Development Center

1995

Dec. Certified ISO 9001

1998

Dec. Certified ISO 9000

1999

Jun. Established Valeo Mando Electric System Korea Co., Ltd
CEO : Jean Jacques Jambi (*I don’t know if the spelling is correct)
Registered : 52, Gongdan-ro 69beon-gil, Gyeongju-si, Gyeongsangbuk-do
Jul. M&A by Valeo Group (Alternator, Starter, Distributor business unit)
Oct. Inaugurated Ann Norbeck as CEO