Doosan Corporation
Encyclopedia
Doosan Corporation is a corporate holding company
headquartered in Euljiro 6-ga, Jung-gu
, Seoul, Korea
.
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
headquartered in Euljiro 6-ga, Jung-gu
Jung-gu, Seoul
Jung-gu is one of the 25 gu which make up the city of Seoul, South Korea. It is located on the north side of the Han River, and is the historical center of the city .-Overview:...
, Seoul, Korea
Seoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...
.
History
- 1896 Park Seung-jik opened first store
- 1925 Changed the name of Park Seung-Jik Store Limited to Doosan Store
- 1953 Established the Oriental BreweryOriental BreweryOriental Brewery or OB is a South Korean brewery established by the Doosan Group in 1952. It was purchased by InBev in 1998. In 2009, it was sold by Anheuser-Busch InBev as the parent company sought to reduce its debt. It was sold to an affiliate of Kohlberg Kravis Roberts & Co....
and began producing OB beer. - 1960 Established Dongsan Construction and Engineering (currently Doosan Engineering & Construction)/Acquired Hapdong News Agency (currently Yonhap News)
- 1966 Founded Hanyang Food
- 1967 Founded Yoonhan Machinery (currently Doosan Mecatec)
- 1969 Founded Hankook Bottle and Glass
- 1979 Established Doosan CCK Can Manufacturing
- 1980 Founded OB Seagram
- 1982 Formed OB Bears (currently Doosan BearsDoosan BearsThe Doosan Bears are a professional baseball team based in Seoul, South Korea. They are a member of the Korean Baseball Organization....
) - 1985 Acquired Donga Publishing (currently Doosan Dong-A), Acquired Baekhwa Brewery
- 1996 Celebrated Doosan’s 100th anniversary of our founding, Announced Doosan Group’s new CI
- 1998 Incorporated nine affiliates and re-launched the company as Doosan Corporation in September.
- 2008 Acquired the Chung-Ang UniversityChung-Ang UniversityThe Chung-Ang University is a private comprehensive institution in South Korea, located over two campuses in Seoul and Anseong. It was founded subsequent to liberation from Japanese colonial rule for the benefit of the nation and advancement of civilization, with the educational philosophy of...
Foundation - Y.S.Park took office as Chairman. - 2008 Sold off the liquor business, and henceforth operated four main businesses, namely, Electro-materials, Fashion, Glonet, and Information & Communication.
- 2009 Doosan Corporation converted into an operating holding company
Businessess
- Electro-Materials : Doosan Corporation Electronics is a producer of high-quality copper clad laminates, a core part of printed circuit boardPrinted circuit boardA printed circuit board, or PCB, is used to mechanically support and electrically connect electronic components using conductive pathways, tracks or signal traces etched from copper sheets laminated onto a non-conductive substrate. It is also referred to as printed wiring board or etched wiring...
s that are used in electronic products, and is expanding the scope of its business to include the display material business, including OLED materials and optical films.
- Mottrol : Doosan Mottrol was the first company in Korea to advance into the hydraulic industry. Based on the technology it has acquired in the production of hydraulic machines for heavy construction equipment and hydraulic parts for the defense industry, it is now a supplier of hydraulic equipment, having expanded its business to produce and supply parts to the ISB (Infrastructure Support Business) sector.
- Glonet (Former Doosan Trading Company): Doosan Corporation Glonet imports and sells food such as frozen potatoes, chemical products such as soda ashSodium carbonateSodium carbonate , Na2CO3 is a sodium salt of carbonic acid. It most commonly occurs as a crystalline heptahydrate, which readily effloresces to form a white powder, the monohydrate. Sodium carbonate is domestically well-known for its everyday use as a water softener. It can be extracted from the...
and silica, Whirlpool home appliances and Kohler bathroom products.
- Information & Communication : As an information technologyInformation technologyInformation technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
(IT) business services unit, Doosan Corporation Information & Communication provides comprehensive IT services, including development, consulting and operation.