Doosan Group

Doosan Group () is a South Korean multinational conglomerate company. In 2009, the company was placed in the "Fortune" Global 500 index. It is the parent company of Bobcat and Škoda Power.
History.
The Doosan Group was 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 the consumer goods, manufacturing, logistics/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.
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.
Key business areas.
Doosan's core businesses are based on ISB (Infrastructure Support Business). Doosan's Infrastructure Support Businesses are made up of five subsidiaries: Doosan Corporation, Doosan Heavy Industries & Construction, Doosan Infracore, Doosan Engineering & Construction and 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.
Doosan Corporation (Holding Company)
Affiliates
Auxiliary Organizations