Hanwha Group

Hanwha Group () is a large business conglomerate ("chaebol") in South Korea. Founded in 1952 as Korea Explosives Co. (), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives, their original business, to retail to financial services. In 1992 the company adopted its abbreviation as its new name: "Hanwha".