HL Mando Corporation Europe GmbH, headquartered in Frankfurt am Main, is a 100% subsidiary of Mando Corporation, Seoul/Korea, and operates a site in Mendig. The company's business purpose is the development and sales of automotive parts such as braking systems (ABS), steering systems and suspension systems as well as the provision of contract research for the parent company. In the 2023 fiscal year the company reported revenues of TEUR 17,685, which were predominantly generated from contract research (TEUR 17,654) with the parent company. The average number of employees rose to 101 and the equity ratio was 63% as of 31 Dec 2023; the company is primarily financed by equity and long-term loans.
Import, Export, Vertrieb im Groß- und Einzelhandel und das Marketing von Automotive- und Automobilteilen beziehungseweise elektrisch betriebenen Fahrzeugen und die Forschung und Entwicklung von Automotive- und Automobilteilen sowie alle damit zusammenhängenden Tätigkeiten und verwandten Nebengeschäfte, die zur Erreichung des Firmenzwecks geeignet sind.
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Frankfurt am Main Local Court, HRB 87910 (as of 29 October 2026)
| Name | Type | City |
|---|---|---|
| Sung Yoon | Geschäftsführer(in) | Bad Soden am Taunus |
Source: German Commercial Register (Handelsregister) Frankfurt am Main Local Court, HRB 87910 (as of 29 October 2026)
| Date | Event Type | Event |
|---|---|---|
| 23.02.2023 | Company Name Change | HL Mando Corporation Europe GmbH |
| 23.02.2023 | Business Address Change | Heinrich-Hopf-Straße 15, 65936 Frankfurt am Main |
| 23.02.2023 | Gesellschaftsvertrag amended | Gesellschaftsvertrag |
| Date | Type | Change | Total Capital |
|---|---|---|---|
| 16.04.2010 | Share Capital Set | — | 2.300.000 € |
Source: German Commercial Register (Handelsregister) Frankfurt am Main Local Court, HRB 87910 (as of 29 October 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2024 | €16,685,735 | €759,892 | €32,282,372 | — |
| 2023 | €17,685,301 | €836,675 | €33,287,389 | — |
| 2022 | €20,417,415 | €710,774 | €34,588,331 | — |
| 2021 | €23,517,188 | €2,062,466 | €32,724,484 | — |
| 2020 | €25,736,096 | €772,762 | €33,530,057 | — |
| 2019 | €29,309,571 | €889,471 | €38,689,514 | — |
| 2018 | €30,547,115 | €783,345 | €41,430,427 | — |
| 2017 | €26,720,535 | €953,364 | €29,467,627 | — |
| 2016 | €27,715,845 | €980,394 | €23,767,125 | — |
| 2015 | €28,212,439 | €836,624 | €32,067,056 | — |
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Source: German Commercial Register (Handelsregister) Frankfurt am Main Local Court, HRB 87910 (as of 29 October 2026)
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| Cost type | Amount | Share |
|---|---|---|
| Personnel Costs | €11,490,823 | 95.9% |
| Interest & Similar | €487,402 | 4.1% |
