Hyundai Elevator Co. Ltd. (or HELCO, Korean: 현대 엘리베이터) is a South Korean elevator manufacturer, a division of Hyundai Group which manufactures elevators, escalators, moving walkways, vehicle parking systems and also platform screen doors. It is the largest elevator and escalator manufacturer in South Korea in terms of sales, profit and market share.
Hyundai Elevator was established in May 23, 1984 under a joint venture with Westinghouse Elevator of the United States. During this time, Hyundai made elevators under license from Westinghouse. In 1989, the joint venture between Hyundai and Westinghouse was terminated as Westinghouse was acquired by Schindler. In 1993, Hyundai expanded its business outside its homeland South Korea by establishing a joint venture in Shanghai, China (known as Shanghai Hyundai). Hyundai created South Korea's first ever machine room less elevator, the YZER (initially Space Saver) in 1999.
The head office and main factory of the company is located on 2091, Gyeongchung-daero, Bubal-eup, Icheon city, Gyeonggi-do, South Korea. A global sales division is located in Seoul.
Hyundai Asan Tower, the company's elevator test tower is located on the same location as the head office and factory, in Icheon City, Gyeonggi-do. It was completed on April 15, 2009.
Outside South Korea, Hyundai has a factory in Shanghai, China which is operated by Shanghai Hyundai Elevator Co. Ltd., one of Hyundai Elevator's subsidiaries.
As of 2020, there are six subsidiaries belongs to Hyundai Elevator, they are:
|Shanghai Hyundai Elevator Co., Ltd.||Shanghai, China||Established in 1993|
|Hyundai Thanh Cong Elevator Vietnam Co. Ltd. (HETCV)||Hanoi, Vietnam|
|Hyundai Elevator Malaysia Sdn. Bhd. (HEM)||Kuala Lumpur, Malaysia|
|PT. Hyundai Elevator Indonesia (HELIN)||Jakarta, Indonesia||Established in 2013.|
|Hyundai Elevator Asansör ve Servis Sanayi ve Ticaret Anonim Şirketi||Istanbul, Turkey|
|Hyundai Elevadores||São Paulo, Brazil|
List of products
Elevators (traction, since mid 2000s)
|STVF||Geared elevator for low to mid rise buildings.|
Launched in 1998 as a successor of WC-VF.
|LUXEN||Premium gearless elevator for low to mid rise buildings.|
Launched in 2006.
|YZER||Machine room less elevator for low to mid rise buildings.|
Launched in 1999.
|i-XEL||High speed gearless elevator for high rise buildings.|
Known by its codename WBHS (formerly HSVF)
|The EL 1080||Super high speed gearless elevator for supertall buildings.|
|The EL Duo||Double deck version of The EL 1080.|
|H300||Gearless high rise elevators.|
|Innover||Gearless elevator, manufactured by Hyundai Elevator China.|
Escalators and moving walks
|World Class||Escalators for commercial applications.|
|Millennium||Escalators for commercial applications.|
|H-Series||Heavy duty escalators.|
|S-Series||Escalators for commercial applications.|
Not to be confused with Mitsubishi Series S.
|Modular||Escalators for public transit facilities.|
|Moving walkways||Horizontal or inclined configuration.|
- HELIAS: Hyundai's destination dispatch system.
- Jump Elevator: Self-climbing elevator, for faster elevator installation during building construction. Similar to Kone's JumpLift, Otis's SkyBuild and Schindler's CLIMB Lift.
- AC traction:
- VAC: AC traction passenger elevator model made from 1984 to 1995. Succeeded by the 60VF and WC-VF series.
- VVSR: High speed elevator model made from 1986 to 1995.
- DC traction:
Elevators (1990s to early 2000s)
- 60VF: VVVF traction elevator made from 1992 to 2001.
- WC-VF: VVVF traction elevator made from 1995 until the end of 2001.
- BAX-VF: VVVF traction elevator made from 1993 to 1996.
- FI-3GL and FI-4GL
- FI-T&S: High-rise elevator made from 2003 to 2012. Also known as "Time & Space". Succeeded by i-XEL and The EL series.
- Main article: List of Hyundai elevator fixtures
Notable elevator installations
- Main article: List of notable Hyundai elevator installations
Overseas sole agents/distributors
|Abans Engineering (Pvt.) Ltd.||Sri Lanka|
|Arabian Elevators & Engineering Co. Ltd.||United Arab Emirates|
|Ascensores Internacionales Cia., Ltda.||Ecuador|
|Bin Ham North Ocean Elevators LLC||United Arab Emirates|
|Bseiso Engineering Materials Corp.||Jordan|
|C&C Elevators Ltda.||Chile|
|Chevalier (Hong Kong) Ltd.||Hong Kong, China|
|CNS Automation Inc.||United States|
|Cozy Life Elemecanico, C.A.||Venezuela|
|Daltechimport Corporation Co., Ltd. (Vladi)||Russia||Serves Vladivostok|
|Deal General Trading & Contracting Co.||Kuwait|
|PT. Eka Perkasa Rekabuana||Indonesia||Serves Medan, North Sumatra only(?)|
|Eleva S.A.||Dominican Republic|
|Elevaciones Téchnicas S.A. (Elevatec)||Costa Rica|
|Elevatec Panama S.A.||Panama|
|Hayes Elevators BC||Canada|
|HD Electric and Elevator LLC||Uzbekistan|
|HD Global (HK) Engineering Service Ltd.||Hong Kong, China|
|HYCO Industrial Sales||Philippines|
|Infinity Engineering PLC||Ethiopia|
|Integral International Ltd.||Myanmar|
|International Engineering & Trade Group (IETG)||Egypt|
|Islamabad Industrial & Trading Corp. (IITC)||Pakistan|
|Kinetic Escalator & Elevator Ltd.||India|
|Laman Premium Sdn. Bhd.||Malaysia|
|Lift & Carry||Morocco|
|Loxley Public Company Limited||Thailand|
|Master Silver Lift||Russia|
|Meh Fakhr Asankar||Iran|
|Nass International Trading||Bahrain|
|Omi Lifts & Escalators sp. z.o.o. sp.k.||Poland|
|Orion Elevators Limited||Nigeria|
|Regional Traders Ltd.||Bangladesh|
|Skylift Elevadores SRL||Argentina|
|Techno Elevator LLC||Oman|
|Hyundai Elevator VL||Russia||Vladivostok only|
|Hyundai Lift KZ||Kazakhstan|
|PT. Bakti Bestotek Indonesia||Indonesia||Late 1980s-1993|
|East Elevator Pte. Ltd.||Singapore|
|General Engineering (Dev) Co. Ltd.||Hong Kong, China|
|Hyco Industrial Sales Corp.||Philippines||1989-1993|
|MBf Norinco Sdn. Bhd.||Malaysia||Acquired by thyssenkrupp|
|PT. Superhelindo Jaya Perkasa|
• PT. Superhelindo Putera Perkasa (Central Java)
• PT. Superhelindo Jaya (Bali)
- Prior to 1999, Hyundai was a distributor for Dover elevators in South Korea.
- In 2006, 25.5% stake of Hyundai elevator was acquired by Schindler, which is in turn the world's fourth biggest elevator market. As the result, there are very few Hyundai elevators in South Korea that are branded as Schindler.
- Hyundai is the first elevator manufacturer in South Korea to produce double deck elevators. Their double deck elevators have been installed at Hyundai's Asan Elevator Test Tower (2009) and recently at the LG U+ Building in Yong-san, Seoul (2015).
- It is also the first elevator manufacturer in South Korea to have successfully developed South Korea's first machine room less elevator system; the YZER (initially Space Saver) in 1999.
- The longest Hyundai escalators in Indonesia are located in Ciputra World Surabaya in Surabaya. Completed in 2011, these escalators are 16 m high and runs at 30 m/m. Together they allow shoppers to travel 34 m from the ground floor up to the 3rd floor of the mall quickly and conveniently. Traveling from one to another end takes 66 seconds. These escalators have been listed by MURI (Museum Rekor Indonesia) as "the longest escalators in the country".
- Since 2007, it has been ranked as number one in the South Korean elevator market, followed by thyssenkrupp Elevator Korea and Otis Elevator Korea.
- In Japan, Hyundai elevators are distributed, installed and branded as DAIKO.
- In Indonesia, Hyundai is one of the elevator companies with the most number of elevators installed in the country. In 2007, it was reported that Hyundai had sold about 740 units, followed by Sigma which had about 680 units sold. It is also the most popular Korean elevator brand in Indonesia, followed by Sigma.
Notes and references
- Official website
- Official website - Shanghai Hyundai (Chinese)
- Official website - Hyundai Elevadores (Brazil) (Portuguese)
- Official website - Hyundai Elevator Asansör (Turkey)
- PT. Hyundai Elevator Indonesia
|Major elevator and escalator companies|
|Full list of companies||List of elevator and escalator companies|
|Operating||Fujitec • Hitachi • Hyundai • Kone • Mitsubishi Electric (Shanghai Mitsubishi) • Otis (Otis Electric • Sigma) • Schindler • thyssenkrupp • Toshiba|
|Defunct||Dover Elevators • Express Lift • Orenstein & Koppel • Thyssen • Westinghouse|
|Other companies||Third-party elevator maintenance companies|