Doosan Group
 |
|
| Public | |
| Industry | Conglomerate |
| Founded | 1896 |
| Founder | Seung-jik Park |
| Headquarters | Doosan Tower 18-12, Euljiro 6-ga, Jung-gu, Seoul, South Korea |
|
Key people
|
Jeongwon Park, Chairman |
| Products | Power Plant, Desalination Plant, Engines, Construction Equipment, Construction, etc. |
|
Number of employees
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41,400 |
| Subsidiaries | Doosan Corporation, Doosan Pictures, Doosan Heavy Industries & Construction, Doosan Infracore, Doosan Engineering & Construction, Doosan Engine, etc. |
| Website | http://www.doosan.com |
Doosan Group (Hangul: 두산그룹; Hanja: 斗山그룹) is a South Korean conglomerate company. In 2009, the company was placed 471st in the Fortune Global 500. It has been included in the Forbes Global 2000 companies from 2007. It is the parent company of ŠKODA power. Doosan was ranked 4th among the “World’s Best 40 Companies 2009” list, released in the latest issue of BusinessWeek, the U.S. economics magazine in October 2009.
The Doosan Group, founded in 1896. The company began as the Park Seung Jik Store in 1896 in Baeogai (now Jongno 4-ga, Seoul). Since then, Doosan has developed into a multinational conglomerate, with particular emphasis on consumer goods, manufacturing and the trading and construction sectors.
The company's acquisitions include Doosan Heavy Industries & Construction (formerly Korea Heavy Industries and Construction, a heavy industry company specializing in power and desalination plants) in 2001, Koryeo Industrial Development in 2004 and Doosan Infracore (formerly Daewoo Heavy Industries & Machinery, a company specializing in construction machinery) in 2005.
In 2006, Doosan acquired the boiler engineering company Mitsui Babcock UK (renamed Doosan Babcock) 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. Post acquisition of Bobcat USA into Doosan Infracore, one of the Doosan Group’s subsidiary companies specializing in medium and large construction machinery, the Doosan Group became the world’s seventh largest supplier of construction machinery. Doosan currently has 41,400 employees in 38 countries.
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