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Doosan

#3310

Rank

$3.31B

Marketcap

South Korea

Country

Doosan
Leadership team

Mr. Min Chul Kim (Exec. Pres ,CFO & Management Director)

Mr. Geewon Park (Chairman & CEO)

Mr. Hong-Sung Moon (Exec. Pres & Chief Bus. Officer)

Products/ Services
Construction, Industrial Automation, Industrial Engineering
Number of Employees
1,000 - 20,000
Headquarters
Seoul, Seoul-t'ukpyolsi, South Korea
Established
1993
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
000150.KS
Social Media
Overview
Location
Summary
Doosan Corporation operates in the machinery manufacturing, apartment construction, service, and heavy industries in Korea, the United States, rest of Asia, the Middle East, Europe, and internationally. The company manufactures and sells copper clad laminates, and hydraulic and industrial equipment; and offers development and maintenance services for information technology systems and other products. It also engages in the construction of NSSS, BOP, turbines, plant facilities, and freshwater and water treatment facilities, as well as road construction; and operations of golf club and condominium, etc. In addition, the company is involved in software development and supply manufacturing; electric power generation and sale; forklift manufacture, rental, and sale; real estate development; and financial investment activities, as well as advertisement, sports, and education businesses. Further, it offers internal combustion engines, construction machinery, and transportation equipment and parts; research and development, manufacturing, IT, marketing, finance, and engineering services, as well as software and systems engineering services. The company was formerly known as OB Beer, Ltd. and changed its name to Doosan Corporation in September 1998. Doosan Corporation was founded in 1896 and is headquartered in Seoul, South Korea.
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
Doosan Corporation is dedicated to creating sustainable value for its customers, shareholders, and communities by expanding business and delivering products and services of the highest quality. Doosan's commitment to excellence drives innovation to benefit its customers and support the development of its people.
Vision
Doosan envisions a better world with global leadership in construction, infrastructure, and energy, where people can achieve their true potential by pursuing their dreams.
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
Doosan has received many awards and recognition, such as the Order of Industrial Services Merit, the Presidential Commendation Award, and the Korea Sustainability Awards. The company has also been acknowledged by the United Nations Global Compact and other organizations for its commitment to sustainability and the environment.
References

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Doosan
Leadership team

Mr. Min Chul Kim (Exec. Pres ,CFO & Management Director)

Mr. Geewon Park (Chairman & CEO)

Mr. Hong-Sung Moon (Exec. Pres & Chief Bus. Officer)

Products/ Services
Construction, Industrial Automation, Industrial Engineering
Number of Employees
1,000 - 20,000
Headquarters
Seoul, Seoul-t'ukpyolsi, South Korea
Established
1993
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
000150.KS
Social Media