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Doosan Group is a Korean conglomerate. It started life as the Park Seung-jik Store in Jongno, Seoul, in August 1896, and now has the longest corporate history in Korea.Doosan engaged in various businesses until the 1990s, including technological materials, information flow, and life cultures. It acquired Hankuk Heavy Industry in 2001, Koryo Industrial Development in 2003, and Daewoo Machinery in 2005, successfully changing its business portfolios as an ISB(Infrastructure Support Business) brand and expanding its global market share.
{{external links|date=April 2009}}
{{Advert|date=February 2009}}


==1. History==
{{Wikify|date=August 2008}}
*1896 Park Seung-jik opened first store
{{Infobox Company |
*1915 Started making Bakgabun, a cosmetic powder
company_logo = [[Image:Doosan.svg|160px]]|
*1951 stablished Doosan Trading Company (currently Doosan Corporation Glonet)
company_name = Doosan Group|
*1952 Established Oriental Brewery
company_type = [[public company|Public]] (traded on the [[Korea Stock Exchange]])|
*1960 Established Dongsan Construction and Engineering (currently Doosan Engineering & Construction)
foundation = 1896|
*1960 Acquired Hapdong News Agency (currently Yonhap News)
founder = [[Park Seung-jik]]|
*1966 Founded Hanyang Food
location = {{flagicon|South Korea}} [[Seoul]], [[South Korea]]|
*1967 Founded Yoonhan Machinery (currently Doosan Mecatec)
subsid = [[Doosan Corporation]],<br />[[Doosan Heavy Industries & Construction]],<br />[[Doosan Infracore]],<br />[[Doosan Construction & Engineering]] etc.|
*1969 Founded Hankook Bottle and Glass
key_people = [[Yong Kon Park]]: [[Honorary Chairman]],<br />[[YS Park]]: [[Chairman, Doosan Heavy Industries & Construction]],<br />[[YH Park]]: [[Chairman, Doosan Construction & Engineering]],<br />[[Yongmaan Park]]: [[Chairman, Doosan Infracore]],<br />[[Jeong won Park]]: [[Vice Chairman, Doosan Corporation]]|
*1974 Established Korea Oak Industry (currently Doosan Electro-Materials BG)
industry = Conglomerate|
*1974 Established Doosan Development
num_employees = 35,000|
*1975 Established Dongyang Agriculture (currently Doosan Tower)
revenue = {{profit}} $19.8 billion (2007)|
*1978 Renamed OB Group as Doosan Group
net_income = {{profit}} $1.75 billion (2007)|
*1978 Established Yonkang Academic Foundation (currently Yonkang Foundation)
homepage = http://doosan.com|
*1979 Established Oricom Inc
}}
*1979 Established Doosan CCK Can Manufacturing
{{Infobox Korean name
*1979 Doosan Corporation attains US$ 100 million in export
|hangul=두산그룹
*1980 Founded OB Seagram
|hanja=斗山그룹
*1982 Formed OB Bears (currently Doosan Bears)
|rr=Dusan Geurup
*1983 Relocates head office to Doosan Building in Eulji-ro, Jung-gu, Seoul
|mr=Tusan Kŭrup
*1985 Acquired Donga Publishing (currently Doosan Dong-A)
}}
*1985 Acquired Baekhwa Brewery
'''Doosan Group''' is a [[South Korea]]n conglomerate quoted on the [[Korea Stock Exchange]].
*1987 Established Doosan Cuvex Co., Ltd (currently Doosan Cuvex)
*1988 Acquired Duksoo Development
*1990 Opened Chuncheon Country Club (currently Ladena GC)
*1991 Founded Doosan Training & Technology Center
*1992 Set management goals and defined employee spirit
*1993 Opened Yonkang Hall (currently Doosan Art Center)
*1993 Acquired Kyungwol
*1994 Introduced first annual wage system among Korean companies
*1994 Established Doosan Information & Communication (currently Doosan Information & Communication BU)
*1995 ecognized as Korea’s top company by Korea Guinness Association
*1995 Introduced “Backpacking to Europe” system
*1996 Selected as eco-friendly company – breaking the previous record.
*1996 Announced Doosan Group’s new CI
*1997 Opened Doosan Resort (currently Ladena Resort)
*1998 Established Doosan Corporation
*1998 Completed Doosan Tower
*2000 Established Neoplux
*2001 Acquired Hankuk Heavy Industry (currently Doosan Heavy Industries & Construction)
*2003 Acquired Koryo Industrial Development (currently Doosan Engineering & Construction)
*2005 Opened DLI
*2005 Acquired Daewoo Machinery (currently Doosan Infracore)
*2005 Acquired water treatment business of the AES of the U.S. (currently Doosan Hydro Technology)
*2006 Acquired Mitsui Babcock UK (currently Doosan Babcock)
*2006 Acquired IMGB Romania
*2006 Acquired Yonhap Capital (currently Doosan Capital)
*2007 Obtained 14 world’s No. 1 products (as of 2007)
*2007 Doosan Infracore acquired three business divisions of Ingersoll-Rand US including BobCat
*2007 CTI US acquired by Yantai Machinery Ltd., a Chinese company
*2008 Acquired Dong Myung Mottrol (currently Doosan Mottrol)
*2008 Acquired Chung-Ang University foundation
*2008 Doosan Infracore acquired ATL
*2009 Doosan Corporation converted into an operating holding company


== History ==
==2. Companies==
Doosan’s businesses are classified into ISB (Infrastructure Support Business, Doosan’s key business areas) companies, consumer products & other companies, and subsidiaries.
The Doosan Group, with a history spanning over 112 years, is the oldest and one of the largest conglomerates in Korea. When Doosan was founded in 1896, it was the first modernized local store in Korea. The company began as the Park Seung Jik Store in 1896 in Baeogai(now Jongno 4-ga, Seoul), Korea’s first modern store. Since 1896, Doosan has continued to grow and develop into a multinational business empire with diversified businesses across the globe. For more than 100 years, Doosan has contributed to Korea’s industrial growth, with particular emphasis in the consumer goods, industrial production, trading, and construction sectors.
* ISB(Infrastructure Support Business) companies
** [http://www.doosanheavy.com Doosan Heavy Industries & Construction]
** [http://www.doosaninfracore.co.kr Doosan Infracore]
** [http://www.doosanenc.com Doosan Engineering & Construction]
** [http://www.doosanengine.com Doosan Engine]
** [http://www.doosandst.com Doosan DST]
** [http://www.mecatec.co.kr Doosan Mecatec]
** [http://www.doosanmottrol.com Doosan Mottrol]
** [http://www.rexcon.co.kr Doosan Rexcon]
* Consumer products and Other services companies
** [http://www.srs-korea.co.kr SRS Korea]
** [http://www.doosandonga.com Doosan Dong-A]
** [http://www.doosancapital.co.kr Doosan Capital]
** [http://www.samhwa.co.kr Samhwa Crown & Closure]
** [http://www.oricom.com Oricom]
** [http://www.hondacarsdoosan.co.kr Honda Cars Doosan]
** [http://www.neoplux.co.kr Neoplux]
** [http://www.ladenaresort.com Doosan Cuvex]
** [http://www.doosanbears.com Doosan Bears]
** [http://www.bngsec.com BNG Securities]
** [http://www.doosanfeed.com Doosan Feed & Livestock]
** [http://www.doota.com Doosan Tower Corporation]
* Corporate service groups
** [http://www.yonkang.co.kr Yonkang Foundation]
** [http://www.doosanartcenter.com Doosan Art Center]
** [http://dli.doosan.com DLI]
** [http://www.dcu.co.kr Doosan Credit Union]
** [http://www.cau.ac.kr Chung-Ang University]


==3. Corporate Social Responsibility==
Doosan has developed a new global growth strategy by acquiring several major companies over the last seven years including Doosan Heavy Industries and 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. As a result, Doosan has developed an optimal business portfolio in the Infrastructure Support Business industry, which includes industrial infrastructure, construction, machinery, equipment, and key industry development.
Doosan, through the Yonkang Foundation, conducts diverse scholarship programs and academic research support projects. Doosan also serves as the Chung-Ang University Foundation, and its affiliates fulfill their corporate social responsibilities. Taking office as Chairman of Doosan Corporation in March 2009, Y.H.Park highlighted the strengthening of corporate social responsibilities as one of the four main management goals of the Group (source: Press Release at Doosan.com)
* University Management Support (Chung-Ang University), Doosan Art Center, The Tea of Love Movement
* Academic Research Support : Yonkang Environment Research Fund, Yonkang Academic Award, Science Research Fund
* Educational Welfare Program : After-School Programs, After-School English Language Support
* Overseas Observation Tours for Teachers : History, Social Studies and Science Teachers' Overseas Study Tour
* Scholarship : Yonkang Scholarship, Doosan Scholarship for Teenagers In Need, Scholarship for Areas Affected by Natural Disasters, Chinese Research Scholarships, Enhancing understanding of Korean Culture, Doosan Dream-tree Scholarship
* The Book Donation Movement : Providing Books to Children’s Hospitals, Providing Books to Remote Islands and Villages, Sending Books to Koreans Overseas
[http://www.doosan.com/kr/about/corporate_social_responsibility/index.page? -- (Source: Corporate Social Responsibility at Doosan.com]


==4. Brands==
In 2006, Doosan proceeded to acquire a number of global companies that either possessed proprietary technologies or were capable of creating synergies with its existing subsidiary companies, including the boiler engineering company Mitsui Babcock UK (renamed as Doosan Babcock) and Kvaerner IMGB,
Doosan currently holds a total of 33 brands of products and services.
the largest casting and forging company in Romania. In 2007, Doosan acquired a leading construction machinery company, [[Bobcat Company]] 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.
* [http://www.allurekorea.com Allure]
* [http://www.bobcat.com Bobcat]
* [http://www.brainy.co.kr Brainy]
* [http://www.burgerking.co.kr Burger King]
* [http://www.dongaschool.com Donga School]
* [http://www.doosanartcenter.com Doosan Art Center]
* [http://www.doosanbears.com Doosan Bears]
* [http://www.doosandonga.com/entry Doosan Donga]
* [http://www.doosanfeed.com Doosan Feed]
* [http://textbook.doosandonga.com Doosan Textbook]
* [http://www.doota.com Doota]
* [http://www.educlub.com Educlub]
* [http://www.encyber.com EnCyber]
* [http://www.gqkorea.co.kr GQ]
* [http://www.geith.com Geith]
* [http://www.hondacarsdoosan.co.kr Honda]
* [http://www.doosanportablepower.com Ingersoll Rand]
* [http://www.kfckorea.com KFC]
* [http://www.kinderdonga.com Kinder Donga]
* [http://knowledgian.doosandonga.com Knowledgian]
* [http://www.ladenaresort.com Ladena Resort & Golf Club]
* Lente
* [http://www.montabert.com Montabert]
* [http://www.netdonga.com Net Donga]
* Polo Ralph Lauren
* [http://www.onlyprime.co.kr Prime]
* [http://www.readersdigest.co.kr Reader's Digest Korea]
* [http://www.diiattachments.com Tramac]
* [http://www.vogue.co.kr Vogue]
* [http://www.voguegirl.co.kr Vogue Girl]
* [http://www.wkorea.com W]
* [http://www.weveapt.co.kr We've]
* We’ve the Zenith


==5. Related Web Sites==
Doosan currently has 21 subsidiary companies in Korea and 112 overseas branch corporations in 33 countries. With a total of over 35,000 employees (20,000 in Korea and 15,000 overseas), in addition to a worldwide network of over 3,700 dealers, Doosan continues to implement a truly diversified global management strategy.
[http://www.doosan.com Doosan’s representative website]


[http://career.doosan.com Career Doosan]
These dynamic changes have led to an improvement in Doosan’s annual financial performance, with revenues increasing from US $2.3 billion in 2000 to US $ 19.8 billion in 2007 for an annual average growth rate of 34%. In addition, Doosan posted a 25% annual growth in operating profits, rising from US $191.5 million in 2000 to US $1.75 billion in 2007. Today, the Doosan Group has become one of the top ten conglomerates in Korea.


==6. See Also==
In the near future, Doosan plans to increase global overseas investments to US $1. 6 billion to continue its global business expansion and take on a leading role in the global market. Doosan will continue to make multilateral efforts in human resources development for global marketing and strengthen its global business network with the aim of setting new standards in the global market.
* Doosan Corporation

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

==Subsidiaries==
*[http://www.doosanheavy.com/eng/index.asp '''Doosan Heavy Industries & Construction'''] Established in 1962, Doosan Heavy Industries & Construction has led the development in the nuclear and thermal power plant, desalination plant, casting and forging and construction arenas in North America, Asia, Europe, and the Middle East with a total of $4.1 billion in revenue in 2007. Doosan has built over 400 nuclear, thermal, and combines cycle power plants. And also, Doosan is one of the few companies in the world that has proprietary technologies for all major three desalination types: Multi Stage Flash (MSF), Multi Effect Distillation (MED), and Reverse Osmosis (RO). As part of the effort to grow as a global business, Doosan acquired the water treatment operations of American Engineering Services Inc., a Romanian heavy machines producer to secure a production base in Europe and also, a leading boiler manufacturer, Mitsui Babcock leveraging over 100 years of experience and the proprietary technology. Moreover, Doosan has established multiple Desalination R&D Centers in Dubai, UAE, and in Tampa, U.S., Doosan E&S of India as an engineering center in New Deli, and Doosan Babcock R&D Center in Renfrew, Scotland. As a global contractor in Engineering, Procurement and Construction (EPC), Doosan is continuously developing its expertise around the world. Doosan is currently building Sipat thermal power plant project which will light the homes of 1 billion people in India and the world’s largest desalination plant in Shuaibah with a daily desalination capacity of 880,000 tons in Saudi Arabia. Doosan’s global business goal is to achieve $1.7 billion in 2015, $3 billion in 2030 with 10% of operating income.

[[Image:Doosan material handler machine.jpg|thumb|left|Doosan material handler machine]]
*[http://www.doosaninfracore.co.kr/eng/main.aspx '''Doosan Infracore'''] is a South Korean company, the former Daewoo Heavy Industries & Machinery. Doosan acquired Daewoo Heavy Industries & Machinery and renamed as Doosan Infracore in April 2005. Along with local [[Image:DoosanEngine.JPG‎|thumb|right| Photo of an Inside View of Doosan Engine's Assembly Plant]] manufacturing firms for excavators, forklift trucks, and construction systems, Doosan Infracore also has a worldwide dealer network comprised of more than 900 dealers and agencies in the U.S., UK, Germany, China, India, Japan, and Brazil. Doosan Infracore has established a holding company in China and has significantly expanded its Chinese operations. Doosan Infracore recently acquired Bobcat and the Attachments and Utilities business unites of Ingersoll-Rand. Doosan Infracore divisions include Construction Equipment, Machine Tools, Forklifts, Engines & Materials, and Defense Products.
*[http://www.mecatec.co.kr/english/html/main.php '''Doosan Mecatec'''] With over 30 years of experience, Doosan Mecatec manufactures and engineers globally renowned Chemical Process Equipment (CPE), which holds the world’s top market share in this sector. Doosan Mecatec is also highly recognized for its superior technologies, and certified with the ASME STAMP and ISO 9001.
*[http://www.doosanengine.com/eng/index.html '''Doosan Engine'''] As an integrated diesel engine manufacturer, Doosan Engine is specialized in diesel engines for large vessels, as well the construction of internal combustion power plants that use diesel engines. Doosan Engine has the second largest global market share with an annual production capacity of 9 million bhp. With 20 years of experience, Doosan Engine recorded an annual order backlog of more than $ 1 billion in the last three consecutive years.
*[http://www.doosancorp.co.kr/english/index_eng.html '''Doosan Corporation'''] Doosan Corporation underwent a painful restructuring and converted its organizational system into a future-oriented one consisting of 5 business groups, 5 profit center-concept business units and one center.
'''Doosan Corporation''' divisions include:



'''- Fashion''': POLO, ESPRIT

'''- Electro-Materials''': Copper-clad laminate manufacturing

'''- Glonet''': Import & Export Services, Import & Sales of Home Appliances, Chemical Import & Sales, Food Sales, Distribution and Dining Facilities / * Trading Division

'''- Information & Communication''': Solution Service, Data Center, ASP
*[http://www.doosancon.com/english/main/main.asp '''Doosan Construction & Engineering'''] Architecture, Civil Engineering and Plant Works
*[http://www.yonhapcapital.co.kr/eng/main/index.jsp '''Doosan Capital'''] Integrated Credit Financing Services
*[http://www.srs-korea.com/ '''SRS Korea'''] Restaurant Business: KFC, Burger King and Food Culture
*[http://www.oricom.com/english/index.html '''Oricom'''] Advertising Agency : Pioneer of International Client Service in Korea
*[http://www.doosanbears.com/ '''Doosan Bears'''] Professional Baseball Team
*[http://www.samhwa.co.kr/english/index.php '''Samhwa Crown & Closure'''] Bottle Caps Manufacturing
*[http://www.hondacarsdoosan.co.kr/ '''Doosan Motors Corporation'''] Main Honda Dealer
*[http://www.neoplux.co.kr/english/index.php '''Neoplux'''] Venture capital, corporate restructuring & Consulting
*[http://www.ladenaresort.com/ '''Doosan Cuvex'''] Ladena Golf Club, Ladena Condominium
*[http://www.doota.com/ '''Doosan Tower Corporation'''] Property lease and service, Fashion shopping mall
*[http://www.doosanfeed.com/ '''Doosan Feed & Livestock Corporation'''] Animal feed business (Baekdoo feed)
*[http://www.rexcon.co.kr/main/main.asp'''Rexcon''']

==Recently Acquired Companies==

*American Engineering Services Inc.(currently, Doosan Hydro Technology Inc.) in 2005.


*IMGB (currently, Doosan IMGB) in 2006
Doosan IMGB, the largest casting and forging company in Romania.

*[[Doosan Babcock Energy]] in 2006
(formerly Mitsui Babcock) was purchased in 2006 from Mitsui Engineering & Shipbuilding of Japan.
As one of the four companies in the world with its own proprietary technology in the field of boiler engineering, Doosan Babcock Energy was established in the U.K. by US-based Babcock & Wilcox in 1891. Currently, Doosan Babcock is headquartered in Crawley in the UK, and has an R&D center and production base in Renfrew, Scotland. It also has subsidiary companies in Germany, Poland, USA and China, which serve as power generation service centers. Doosan Babcock has supplied boilers to over 30 countries including the U.S. and China as well as Europe, and has a license agreement with Harbin Boiler, the largest boiler maker in China and producer of 26,000MW of boiler to date. Mitsui Babcock bought part of Rolls Royce Nuclear Engineering Services in 2002. The company employs about 60 people at Dounreay and is involved in decommissioning at the DFR reactor and the fuel cycle area.

[[Image:Bobcat 334.jpg|thumb|Right|Bobcat Excavator]]
*[[Bobcat Company]] in 2007

Bobcat,Utility Equipment, and Attachments from Ingersoll-Rand
As the world’s largest compact construction equipment business, Bobcat, Utility Equipment and Attachments business have an established network of over 2,700 dealers in the U.S. and Europe and operates 16 manufacturing plants in six countries around the world. In 2006 the three businesses generated approximately US$2.6 billion in sales and US$370 million in operating profits and currently maintain the highest world market share in their respective business sectors. The "Bobcat" name is well recognized worldwide as a leading construction equipment brand. Doosan Infracore's primary objective of the acquisition is to enhance its overall product portfolio by adding compact construction equipment to its existing medium and large-scale construction equipment product lines and to help expand and strengthen Doosan Infracore's global manufacturing and sales networks. The acquisition also provides Doosan Infracore with world-class technologies and brand names. Upon completion of this transaction, Doosan Infracore will have a combined network of over 3,700 dealers worldwide and 20 manufacturing plants in countries such as the U.S., China, Belgium, France and the Czech Republic. As a result, Doosan Infracore will be well positioned to become a market leader in the U.S., Europe, and China. Pro forma for the transaction, Doosan Infracore's sales will be approximately US$7.4 billion, which will improve the Company's worldwide ranking from 19th to 7th in the construction equipment sector.

[[Image:Moxy MT 40B.jpg|thumb|Right|Moxy MT 40B]]

*[[Moxy Engineering]] in 2008.
Moxy Engineering is a Norwegian manufacturer of articulated dump trucks for off-road use in the earth moving and construction industries. Moxy was founded by the industrialist Birger Hatlebakk, who had previously founded the Glamox factory in Molde.


* Advanced Technology Lubben (ATL) in 2008.
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.

==Highlights of Achievement==

'''14 Doosan Products were selected as Korea’s Top Export Products by Ministry of Knowledge Economy'''
*'''Doosan Heavy Industries and Construction'''
1. Sea Water Desalination<br />
2. Crankshaft for Large Engine<br />
3. Heat Recovery Steam Generator<br />
4. Work Roll for Cold Rolling Mill<br />
5. Mold Steel<br />
6. Hydro Turbine Casting<br />
7. Stern Frame Casting<br />
*'''Doosan Infracore'''
8. CNC Turning<br />
9. Excavator<br />
10. Fork Lift Truck<br />
11. Ultra High-Speed Machining Center<br />
* '''Doosan Mecatec'''
12. STN-LCD<br />
*'''Doosan Engine'''
13. Marine Diesel Engine (over 6000 BHP)<br />
*'''Doosan Corporation'''
14. Copper Clad Phenolic Laminated Sheet

==NASCAR==
In the [[2008]] [[Nascar]] [[Nationwide Series]] visit to [[Mexico]] in the [[Corona México 200|Corona Mexico 200 presented by Banamex Autodromo Hermanos Rodriguez]], Doosan Infracore supplied sponsorship for the number 20 [[Joe Gibbs Racing]] [[Toyota Camry]] Driven by [[Kyle Busch]], who won the pole and the race for the final race race to be run by this series at that track.

== See also ==
* [[List of South Korean companies]]
* [[Economy of South Korea]]

== References ==
{{reflist}}
* [http://www.doosanheavy.com/eng/5/pdf/2007AR.pdf 2007 Doosan Annual Brochure]
* [http://www.iht.com/articles/2005/04/20/bloomberg/sxdoosan.php International Herald Tribune:Doosan buys Daewoo for $1.7 billion]
* [http://news.hankooki.com/lpage/economy/200510/h2005103122174921500.htm 한국일보:두산중공업, 美법인 설립]
* [http://www.forbes.com/home/feeds/afx/2006/12/13/afx3250283.html International Herald Tribune:Doosan buys Daewoo for $1.7 billion]
* [http://www.forbes.com/home/feeds/afx/2006/11/06/afx3146948.html Forbes:SKorea's Doosan Heavy buys Mitsui Babcock for 20 bln yen]
* [http://www.hankyung.com/news/app/newsview.php?aid=2007030733251&sid=0104&nid=004&ltype=1 Forbes:Doosan buy of Mitsui Babcock cleared by EU]
* [http://www.iht.com/articles/2005/04/20/bloomberg/sxdoosan.php 한국일보:두산그룹‥中•유럽에 지주사…글로벌化 발판 ]
* [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 rise 6 percent after Bobcat buy]
* [http://www.foxnews.com/story/0,2933,291397,00.html Fox News:Ingersoll-Rand Selling Bobcat, Two Other Units for $4.9B ]

== External links ==
* [http://www.bobcat.com Bobcat Company]
* [http://www.doosan.co.kr Doosan Group Korean]
* [http://www.doosan.com/en/main.do# Doosan Group English Web Site]
* [http://www.doosanheavy.com/eng/index.asp Doosan Heavy Industry English Web Site]
* [http://www.doosaninfracore.co.kr/eng/main.aspx Doosan Infracore English Web Site]
* [http://www.doosancon.com/english/main/main.asp Doosan Construction & Engineering]
* [http://www.doosanbabcock.com Doosan Babcock Energy Ltd]
* [http://www.doosanbabcock.de Doosan Babcock Energy Germany]
* [http://www.doosanimgb.com Doosan IMGB]
* [http://www.doosanmoxy.com Doosan Moxy]
* [http://www.enginehour.com/2009/02/tribute-to-daewoo-doosan-hydraulic.html A tribute to Daewoo / Doosan Track Type Excavators, Solar 220LC-V]

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{{Chaebol}}

[[Category:Doosan|*]]
[[Category:Companies established in 1896]]

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Revision as of 05:15, 5 June 2009

Doosan Group is a Korean conglomerate. It started life as the Park Seung-jik Store in Jongno, Seoul, in August 1896, and now has the longest corporate history in Korea.Doosan engaged in various businesses until the 1990s, including technological materials, information flow, and life cultures. It acquired Hankuk Heavy Industry in 2001, Koryo Industrial Development in 2003, and Daewoo Machinery in 2005, successfully changing its business portfolios as an ISB(Infrastructure Support Business) brand and expanding its global market share.

1. History

  • 1896 Park Seung-jik opened first store
  • 1915 Started making Bakgabun, a cosmetic powder
  • 1951 stablished Doosan Trading Company (currently Doosan Corporation Glonet)
  • 1952 Established Oriental Brewery
  • 1960 Established Dongsan Construction and Engineering (currently Doosan Engineering & Construction)
  • 1960 Acquired Hapdong News Agency (currently Yonhap News)
  • 1966 Founded Hanyang Food
  • 1967 Founded Yoonhan Machinery (currently Doosan Mecatec)
  • 1969 Founded Hankook Bottle and Glass
  • 1974 Established Korea Oak Industry (currently Doosan Electro-Materials BG)
  • 1974 Established Doosan Development
  • 1975 Established Dongyang Agriculture (currently Doosan Tower)
  • 1978 Renamed OB Group as Doosan Group
  • 1978 Established Yonkang Academic Foundation (currently Yonkang Foundation)
  • 1979 Established Oricom Inc
  • 1979 Established Doosan CCK Can Manufacturing
  • 1979 Doosan Corporation attains US$ 100 million in export
  • 1980 Founded OB Seagram
  • 1982 Formed OB Bears (currently Doosan Bears)
  • 1983 Relocates head office to Doosan Building in Eulji-ro, Jung-gu, Seoul
  • 1985 Acquired Donga Publishing (currently Doosan Dong-A)
  • 1985 Acquired Baekhwa Brewery
  • 1987 Established Doosan Cuvex Co., Ltd (currently Doosan Cuvex)
  • 1988 Acquired Duksoo Development
  • 1990 Opened Chuncheon Country Club (currently Ladena GC)
  • 1991 Founded Doosan Training & Technology Center
  • 1992 Set management goals and defined employee spirit
  • 1993 Opened Yonkang Hall (currently Doosan Art Center)
  • 1993 Acquired Kyungwol
  • 1994 Introduced first annual wage system among Korean companies
  • 1994 Established Doosan Information & Communication (currently Doosan Information & Communication BU)
  • 1995 ecognized as Korea’s top company by Korea Guinness Association
  • 1995 Introduced “Backpacking to Europe” system
  • 1996 Selected as eco-friendly company – breaking the previous record.
  • 1996 Announced Doosan Group’s new CI
  • 1997 Opened Doosan Resort (currently Ladena Resort)
  • 1998 Established Doosan Corporation
  • 1998 Completed Doosan Tower
  • 2000 Established Neoplux
  • 2001 Acquired Hankuk Heavy Industry (currently Doosan Heavy Industries & Construction)
  • 2003 Acquired Koryo Industrial Development (currently Doosan Engineering & Construction)
  • 2005 Opened DLI
  • 2005 Acquired Daewoo Machinery (currently Doosan Infracore)
  • 2005 Acquired water treatment business of the AES of the U.S. (currently Doosan Hydro Technology)
  • 2006 Acquired Mitsui Babcock UK (currently Doosan Babcock)
  • 2006 Acquired IMGB Romania
  • 2006 Acquired Yonhap Capital (currently Doosan Capital)
  • 2007 Obtained 14 world’s No. 1 products (as of 2007)
  • 2007 Doosan Infracore acquired three business divisions of Ingersoll-Rand US including BobCat
  • 2007 CTI US acquired by Yantai Machinery Ltd., a Chinese company
  • 2008 Acquired Dong Myung Mottrol (currently Doosan Mottrol)
  • 2008 Acquired Chung-Ang University foundation
  • 2008 Doosan Infracore acquired ATL
  • 2009 Doosan Corporation converted into an operating holding company

2. Companies

Doosan’s businesses are classified into ISB (Infrastructure Support Business, Doosan’s key business areas) companies, consumer products & other companies, and subsidiaries.

3. Corporate Social Responsibility

Doosan, through the Yonkang Foundation, conducts diverse scholarship programs and academic research support projects. Doosan also serves as the Chung-Ang University Foundation, and its affiliates fulfill their corporate social responsibilities. Taking office as Chairman of Doosan Corporation in March 2009, Y.H.Park highlighted the strengthening of corporate social responsibilities as one of the four main management goals of the Group (source: Press Release at Doosan.com)

  • University Management Support (Chung-Ang University), Doosan Art Center, The Tea of Love Movement
  • Academic Research Support : Yonkang Environment Research Fund, Yonkang Academic Award, Science Research Fund
  • Educational Welfare Program : After-School Programs, After-School English Language Support
  • Overseas Observation Tours for Teachers : History, Social Studies and Science Teachers' Overseas Study Tour
  • Scholarship : Yonkang Scholarship, Doosan Scholarship for Teenagers In Need, Scholarship for Areas Affected by Natural Disasters, Chinese Research Scholarships, Enhancing understanding of Korean Culture, Doosan Dream-tree Scholarship
  • The Book Donation Movement : Providing Books to Children’s Hospitals, Providing Books to Remote Islands and Villages, Sending Books to Koreans Overseas

-- (Source: Corporate Social Responsibility at Doosan.com

4. Brands

Doosan currently holds a total of 33 brands of products and services.

5. Related Web Sites

Doosan’s representative website

Career Doosan

6. See Also

  • Doosan Corporation
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