Doosan
#3310
Rank
$3.31B
Marketcap
South Korea
Country
Mr. Min Chul Kim (Exec. Pres ,CFO & Management Director)
Mr. Geewon Park (Chairman & CEO)
Mr. Hong-Sung Moon (Exec. Pres & Chief Bus. Officer)
Summary
History
The Doosan Group was founded in 1896. The company began as the Park Seung Jik Store in 1896 in Baeogai .
Doosan has developed into a multinational conglomerate.
The company's acquisitions include Doosan Heavy Industries & Construction in 2001, Koryeo Industrial Development in 2004 and Doosan Infracore in 2005.In 2006, Doosan acquired the boiler engineering company Mitsui Babcock UK and Kvaerner IMGB, the largest casting and forging company in Romania. In 2007, Doosan acquired the construction machinery company Bobcat USA, the world's largest supplier of small construction equipment. After the absorption of Bobcat USA into Doosan Infracore, the Doosan Group became the world's seventh largest supplier of construction machinery. Doosan currently has 41,400 employees in 38 countries.In 2011, Doosan renewed its licensing agreement with Wärtsilä - Sulzer for the construction of large marine propulsion engines, for which it is one of the world leaders.
On January 1, 2018, Doosan and Doosan Bobcat were separated into independent companies. In July 2021, Doosan Infracore was acquired by Hyundai Heavy Industries, which paid approximately $722.45 million for a 30% controlling stake in the company. Doosan Infracore is planned to become a subsidiary of the newly created Hyundai Genuine group.
Mission
Vision
Key Team
Mr. Yong-Maan Park (Chairperson of Management)
Mr. Sung-Ki Lim (Pres of Legal Affairs)
Sung-Jin Choi (Head of Information & Communications Bus. Unit and Sr. Managing Director)
Mr. Sung-Woo Choi (Pres of HR)
Nak-Yang Sung (Head of Glonet Bus. Group and VP)
Bang-Sin Kim (Head of Mottrol Bus. Group and VP)
Mr. Reginald J. Bull (Exec. VP of Global HR Team)
Recognition and Awards
References
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Mr. Min Chul Kim (Exec. Pres ,CFO & Management Director)
Mr. Geewon Park (Chairman & CEO)
Mr. Hong-Sung Moon (Exec. Pres & Chief Bus. Officer)