[Edaily Reporter YU JIN-HEE ] A serious accident resulting in the death of a worker occurred at a new apartment construction site operated by #Hyundai Engineering, a major subsidiary of HyundaiEngineering&Construction(000720).

According to the Financial Supervisory Service’s electronic disclosure system on the 9th, an accident occurred that day at Hyundai Engineering’s “Hillstate Mulgeum Central” construction site, in which a ready-mix concrete truck collided with a traffic director, resulting in one fatality.

The accident occurred when a ready-mix concrete truck, having finished pouring concrete, deviated from its designated route and struck a traffic director who was nearby without noticing him.

Immediately after the accident, Hyundai Engineering reported the incident to the Ministry of Employment and Labor. Currently, the local police station and the Ministry of Employment and Labor have dispatched personnel to the site to investigate the exact circumstances of the accident, including whether safety regulations were followed.

Immediately after the accident, the Yangsan Regional Office of the Ministry of Employment and Labor issued a “work stoppage order” for the site, suspending all operations involving vehicle-mounted loading and unloading machinery and construction equipment.

A Hyundai Engineering official stated, “We are currently conducting an on-site investigation and are cooperating fully with the relevant authorities,” adding, “We will spare no effort in implementing safety measures and preventing a recurrence.”

Meanwhile, Hyundai Engineering’s total assets as of the end of 2025 amounted to 9.8826 trillion won. This figure represents 35.6% of the consolidated total assets of its parent company, HyundaiEngineering&Construction (27.7917 trillion won).