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Doosan
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.[1] It has been included in the Forbes Global 2000 companies from 2007.[citation needed] It is the parent company of ŠKODA power. Doosan
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.[citation needed]

Contents

1 History 2 Key business areas 3 Companies 4 See also 5 References 6 External links

History[edit] The Doosan
Doosan
Group was founded in 1896.[2] The company began as the Park Seung Jik Store in 1896 in Baeogai (now Jongno 4-ga, Seoul). Since then, Doosan
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
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
Doosan
Infracore (formerly Daewoo Heavy Industries & Machinery, a company specializing in construction machinery) in 2005. In 2006, Doosan
Doosan
acquired the boiler engineering company Mitsui Babcock UK (renamed Doosan
Doosan
Babcock) and Kvaerner IMGB, the largest casting and forging company in Romania. In 2007, Doosan
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
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.[2] Doosan
Doosan
currently has 41,400 employees in 38 countries.[2] Key business areas[edit]

Doosan
Doosan
truck AD 40

Doosan’s core businesses are based on ISB (Infrastructure Support Business). Doosan’s Infrastructure Support Businesses are made up of five subsidiaries: Doosan
Doosan
Corporation, Doosan
Doosan
Heavy Industries & Construction, Doosan
Doosan
Infracore, Doosan
Doosan
Engineering & Construction and Doosan
Doosan
Engine. These subsidiaries provide electrical power, desalinated drinking water, construction equipment, advanced machinery, defense supplies, houses, highways and bridges, chemical processing equipment and industrial engines. Companies[edit]

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Doosan Corporation
Doosan Corporation
(Holding Company)

Doosan Corporation
Doosan Corporation
Electro-Materials supplies the main materials for PCB, a core part for electronics, including CCL (Copper Clad Laminate) and OLED materials (illuminating and common layer for fluorescence phosphorescence.) Doosan Corporation
Doosan Corporation
Industrial Vehicle is a manufacturer of global logistics equipment, as well as engine-type forklifts and electronic forklifts. Doosan Corporation
Doosan Corporation
Mottrol develops and produces hydraulic components for construction equipment and defense systems. Doosan Corporation
Doosan Corporation
Information & Communications provides customers including Doosan
Doosan
affiliates with IT consulting, system setup, business system operation and IT infrastructure operation. Doosan Corporation
Doosan Corporation
Fuel Cell : Doosan Corporation
Doosan Corporation
Fuel Cell has a full lineup of products, from power generation to residential use, based on its proprietary fuel cell technologies. Doosan
Doosan
bought U.S. fuel cell maker ClearEdge Power, a stationary fuel cell manufacturer based in Silicon Valley.[3] Doosan Corporation
Doosan Corporation
Glonet operates in logistics in the overall and bio industry, including the development of new bio-materials such as medical emulsifiers. Doosan Corporation
Doosan Corporation
Doota Duty Free : Doota duty-free shop is Korea’s first duty-free shop to provide late-night shopping experience, differentiated unique shopping items and service. From luxury fashion and beauty brands to unique Korean fashion and D-Mart, a lifestyle-concept store, Doota duty-free shop features 500 different brands.

ISB (Infrastructure Support Business)

Doosan
Doosan
Heavy Industries & Construction, established in 1962, develops thermal power plant, nuclear power plant, seawater desalination plant, casting and forging and construction in the Middle East, Asia, Europe and North America with a total of $9.6 billion in revenue in 2012. Doosan
Doosan
has built over 400 nuclear, thermal and combined-cycle power plants. Doosan
Doosan
has proprietary technologies for all three major desalination types: Multi Stage Flash (MSF), Multi Effect Distillation (MED) and Reverse Osmosis (RO). The company has acquired Romania's largest casting and forging manufacturer, the boiler manufacturer Mitsui Babcock, and a Czech-based turbine manufacturer, Skoda Power. It has also established desalination R&D centers in Tampa, U.S., Damman, Saudi Arabia and Birmingham, UK. Doosan Infracore
Doosan Infracore
produces construction equipment, engines, attachments, and utility equipment such as air compressors. Doosan
Doosan
Engineering & Construction, established in 1960, is in the field of civil engineering, construction, CPE and HRSG(Heat Recovery Steam Generator). Doosan
Doosan
Engine : Specializing in diesel engines, it is a global engine manufacturer, building and operating diesel power plants, and selling and servicing engine parts. American Engineering Services Inc.(currently, Doosan
Doosan
Hydro Technology Inc.) in 2005.[4] IMGB (currently, Doosan
Doosan
IMGB) in 2006. Doosan
Doosan
IMGB is the largest casting and forging company in Europe with headquarters in Romania.[5] Doosan Babcock Energy
Doosan Babcock Energy
in 2006[6] Bobcat Company
Bobcat Company
in 2007[7] Advanced Technology Lubben (ATL) in 2008.[8] ATL is located in Lubben, outside Berlin(Germany) and has the original technology to support the production of material handling equipment for warehouses and airports. Moxy Engineering
Moxy Engineering
acquired in 2008 and changed name to Doosan
Doosan
Moxy AS. A manufacturer of articulated haulers (dump trucks) based in Norway. As of 2011, marketed solely as Doosan, with the Moxy name dropped. Skoda Power in 2009,[9] a manufacturer and supplier of SKODA design steam turbines from 5 MW to 1,200 MW, machine halls and of customer services for fossil and nuclear power plants, combined cycles, co-generation and incineration plants. ENPURE: in 2012 Doosan
Doosan
Heavy Industries & Construction acquired ENPURE, a U.K. based water/wastewater treatment company with core technologies and patents for removing foreign matters from source water and seawater, as well as water/wastewater treatment and design of desalination facilities.

CSB (Consumer & Service Business)

Oricom provides services for marketing brands including planning, creative, brand consulting, media, promotion and online marketing. Hancomm is a representative general advertisement agency in Korea, has been leading the development and growth of the advertisement industry along with Oricom. Neoplux is a private equity firm, offering local and overseas companies investment and consulting. Doosan
Doosan
Feed & Livestock provides animal feed, shed maintenance and other services for the livestock industry. Doosan
Doosan
Tower is a shopping mall with more than 550 fashion stores, attracting 20 million visitors each year. Doosan
Doosan
Bears, formed in January 1982, the first year of the professional league in Korea, was the country’s first professional baseball team. Doosan
Doosan
Cuvex operates the Ladena golf club in Chuncheon, Korea. Doosan
Doosan
Magazine was in 1996 the first fashion magazine in Korea, followed by magazines like GQ, Vogue, Vogue Girl, Allure and W.

Auxiliary Organizations

Yonkang Foundation, established in 1978 in honor of the company’s first chairperson the late Yonkang Too Pyung Park, is involved in scholarships, R&D financing, overseas training for teachers, educational welfare and sharing books. Doosan
Doosan
Art Center supports young artists in its facilities, including Yonkang Hall, Space111 and Doosan
Doosan
Gallery. DLI-Yonkangwon : The DLI ( Doosan
Doosan
Leadership Institute) hosts educational programs including workshops, forums, and seminars for employees of the group.

See also[edit]

Doosan
Doosan
Corporation List of South Korean companies Economy of South Korea

References[edit]

^ " Fortune Global 500 List 2017: See Who Made It". Fortune.  ^ a b c "History : Doosan
Doosan
Group - Doosan
Doosan
Corporation". www.doosan.com.  ^ https://www.reuters.com/article/2014/07/21/us-doosan-clearedge-idUSKBN0FQ03B20140721 Reuters ClearEdge ^ http://www.accessmylibrary.com/coms2/summary_0286-12006449_ITM Doosan
Doosan
acquires AES water treatment operations.(worldwide news: ASIA) ^ http://www.cronicaromana.ro/index.php?art=88488 Republica Coreea vede in Romania
Romania
“o poarta de colaborare” in spatiul UE ^ https://www.forbes.com/home/feeds/afx/2006/11/06/afx3146948.html Forbes:S. Korea's Doosan
Doosan
Heavy buys Mitsui Babcock for 20 bln yen ^ http://www.iht.com/articles/ap/2007/07/31/business/AS-FIN-COM-SKorea-Doosan-Ingersoll-Rand.php International Herald Tribune:South Korea's Doosan Infracore
Doosan Infracore
rise 6 percent after Bobcat buy ^ http://doosanflt.com/index.php?option=com_content&task=view&id=96&Itemid=2 Korean forklift manufacturer, Doosan
Doosan
Infracore, has acquired the German warehouse equipment specialists, Advanced Technology Lübben (ATL) in a deal worth around €2.5m. ^ "SKorea's Doosan
Doosan
takes over Czech turbine maker". 

External links[edit]

Wikimedia Commons has media related to Doosan.

Official website Doosan
Doosan
Heavy Industries & Construction Doosan
Doosan
Infracore Doosan
Doosan
Engineering & Construction Doosan
Doosan
Engine

Coordinates: 37°34′08″N 127°00′36″E / 37.568783°N 127.009933°E / 37.568783; 127.009933

v t e

Doosan

Subsidiaries

Doosan
Doosan
Babcock Doosan
Doosan
Bears Doosan
Doosan
Corporation Doosan
Doosan
Engineering & Construction Doosan
Doosan
Fuel Cell America Doosan
Doosan
Handball Club Doosan
Doosan
Heavy Industries & Construction Oriental Brewery
Oriental Brewery
(sold to Anheuser-Busch InBev)

Products

Doosan
Doosan
Encyclopedia

v t e

Automotive industry in South Korea

Companies

Components

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Services

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Vehicles

Current

CT&T United Daelim
Daelim
Group

Daelim
Daelim
Motor Company

Daewoo Bus Doosan
Doosan
Group GM Korea Hyundai Motor Group

Genesis Motors Hyundai Motor Company Hyundai Mobis Hyundai Rotem Kia Motors

Kia Defense

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Defunct

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