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1896 - 1949The foundation of our success
  • 1896 - 1949The foundation of our success
  • 1950 - 1979Birth of Doosan Group
  • 1980 - 1995Growth and Leap
  • 1996 - 2005Changes and Transformation
  • 2006 - PresentGlobal Growth
The foundation of our success
  • 1896
    Park Seung-Jik opened first store
    With the launch of Korea’s first modern store in Baeohgae on Jong-ro 4-ga in Seoul in 1896, the history of Doosan began.
  • 1915
    Started making Bakgabun, a cosmetic powder
    Pakgabun soon became the hottest “must-have” item for women in Korea in 1920’s.
  • 1925
    Changed the name of Park Seung-Jik Store Limited to Doosan Store
    As Doosan transformed into a corporation, we modernized our accounting system and began to market ourselves by producing and distributing promotional calendars and placing newspaper ads.
Birth of Doosan Group
  • 1951
    Established Doosan Trading Company
    The establishment of Doosan Trading Company laid a foundation for Doosan’s growth into one of the largest companies in Korea. Doosan Art Center (pictured), is located where the Doosan Mercantile Company started in 1951.
  • 1952
    Established Oriental Brewery (Corporate name changed to OB Beer later)
    Oriental Brewery was re-established upon the ruins of the Korean War, emerging as a reputable international brewer.
  • 1953
    Established Doosan Industries
    In order to enable the foreign trade industry , which constituted the cornerstone of the national economy, we renamed ourselves as Doosan. Since then, Doosan has grown as a professional foreign trade company.(Picture) Opening ceremony of Doosan Industrial Kodak in 1970.
  • 1960
    Established Dongsan Construction and Engineering (Currently Doosan Engineering & Construction)
    With the establishment of Dongsan Construction and Engineering, Doosan became an integral part of many projects led by Korean government’s first “5-year Economic Development Plan”, which started in 1962.
  • 1960
    Acquired Hapdong News Agency (Currently Yonhap News)
    Hapdong News Agency is the former body of Yonhap News, now the largest news agency in Korea. In 1962, it served as a pivotal part of the Korean media industry as it disseminated Korean news abroad for the first time.
  • 1967
    Founded Yoonhan Machinery (currently Doosan Mecatec)
    With the foundation of Yoonhan Machinery, Doosan entered machinery industry, playing a key role in developing Korea’s infrastructure and taking the domestic machinery industry to the next level.
  • 1974
    Established OAK Industries Korea (currently Doosan Electro-Materials BG)
    OAK Industries Korea was established to produce copper clad laminates (CCL), one of the key materials in the electronics industry. The company began by producing CCLs domestically, and then targeted the global market.
  • 1974
    Established Doosan Development
    Doosan Development was established as a general development company operating various businesses including cargo transports, aviation, printing, and salt production.
  • 1975
    Established Dongyang Agriculture (currently Doota Mall)
    Dongyang Agriculture set an example for other companies to follow by contributing to regional communities and helping farmers increase their income through investments in the supply of domestic produces such as grapes, barley, and hop crops.
  • 1978
    Renamed OB Group as Doosan Group
    To create an integrated corporate image that represented the ever-diversifying businesses of the Group, the company was renamed after “Doosan” of the Doosan Industries, taking the legacy of the original Park Seung-jik Store.
  • 1978
    Established Yonkang Academic Foundation (currently Doosan Yonkang Foundation)
    The Doosan Yonkang Foundation was established after the death of the late Too Pyung Park, the first chairman of the Doosan Group whose pen name was “Yon Kang.” The Foundation honors his belief that “Education is the core engine that drives national development.”
  • 1979
    Established Oricom Inc.
    Oricom began as an advertisement planning division of the Hapdong News Agency in 1967. Being the first general advertising company in Korea, Oricom has produced numerous creative advertisements which have earned it the nickname of “Ad academy.”
  • 1979
    Established Doosan CCK Can Manufacturing
    By making a full-scale entry into the 355ml 2-piece aluminum can industry for the first time in Korea in 1981, the domestic carbonated beverage industry tried to diversify types of vessels by producing cans and PETs.
  • 1979
    Doosan Corporation attains US$ 100 million in export
    Doosan Corporation achieved annual export of US$108,228,754 on October 22, 1979 by diversifying export products and overseas markets.
Growth and Leap
  • 1980
    Founded OB Seagram
    In 1980, OB Seagram began as the first domestic whisky maker founded via a joint venture with Oriental Brewery, Seagram of the U.S., and the Chivas Brothers of Scotland.
  • 1982
    Formed OB Bears (Currently Doosan Bears)
    The OB Bears, the first Korean professional baseball team, won the trophy in the very first Korean Series.
  • 1983
    Relocated head office to Doosan Building in Eulji-ro, Jung-gu, Seoul
    The construction of the Doosan Tower Building, with floor space totaling 31,300㎡ (9,500 pyeong), 21 floors above ground and three underground floors, was completed at 101-1, Eulji-ro 1-ga, Jung-gu. Doosan Corporation moved into the 19th and 20th floors of the building on May 28, 1983.
  • 1987
    Established Doosan Enterprise (Currently Doosan Cuvex)
    Doosan Cuvex was established in 1987 to operate various leisure businesses including a golf club, and opened the Chuncheon Country Club (Currently Ladena GC) in 1990.
  • 1988
    Acquired Duksoo Development
    Duksoo Development, having been a major player in the construction and sports / leisure businesses since 1978, became a member of Doosan Group in 1988.
  • 1991
    Founded Doosan Training & Technology Center
    To further our goal of globalization, the center was established to achieve technological advances and to implement systemized and sophisticated R&D projects.
  • 1992
    Set new management philosophy and announced Doosan employee spirit
    Doosan established new management charter and the Doosan employee standards and declared them as the new foundation for new management principle and the basis of employee philosophy.
  • 1993
    Opened Yonkang Hall (Currently Doosan Art Center)
    Yonkang Hall was opened as a multi-purpose cultural venue on the centennial of Doosan at 270-Yeonji-Dong, Jonro 5-ga, Seoul, an establishment formerly named “Yeon-mot-gol.” It was re-opened as the Doosan Art Center in 2007.
  • 1994
    Established Doosan Information & Communication (Currently Doosan Corporation Digital Innovation BU)
    Since its launch as Dongyang Computer Technology in the 1970s, Doosan Corporation Digital Innovation has been providing customers with comprehensive IT consulting focused on software for over 20 years.
  • 1994
    Recognized as the oldest enterprise in Korea
    Doosan was awarded by the Korea Guinness Association with a certificate attesting to its status as the oldest company in Korea. This also constitutes official recognition that Doosan’s 124-year history, commencing with the opening of the Park Seung-Jik Store in Jongno 4-ga 1896, is also the history of Korean enterprises.
Changes and Transformation
  • 1996
    Announced Doosan Group’s new CI
    As the first Korean company to celebrate a 100th anniversary, Doosan announced the new CI and looked ahead to the next 100 years.
  • 1996
    Celebration of the 100th anniversary of Doosan’s foundation
    To celebrate a 100th anniversary, Doosan reaffirmed its conviction and future-oriented mindset by holding various events, including a burial of time capsule and the grand ceremony at Jamsil Gymnastics Stadium.
  • 1998
    Established Doosan Corporation
    After pushing ahead with a painstaking restructuring process, Doosan Corporation built a future-oriented and advanced management system by introducing BG (Business Group) and BU (Business Unit) operating systems and integrating its nine affiliates.
  • 1998
    Completed Doosan Tower
    Doosan began a new chapter in Dongdaemun with the completion of the Doosan Tower in the Dongdaemun area, situated near Baeogae in Jongno 4-ga, the birthplace of Doosan.
  • 2001
    Acquired Korea Heavy Industries and Construction (Currently Doosan Heavy Industries & Construction)
    After creating a new growth engine based on the outcome of our restructuring program, Doosan made yet another great leap forward in its history by acquiring Korea Heavy Industries and Construction, currently Doosan Heavy Industries & Construction, a globally recognized company specializing in power generation, desalination, casting-forging and construction.
  • 2003
    Acquired Koryo Industrial Development
    Since acquiring Koryo Industrial Development, Doosan Engineering & Construction became even more cost competitive based on economies of scale, and achieved growth of sales revenue and income with synergistic effects.
  • 2005
    Acquired Daewoo Machinery (currently Doosan Infracore)
    Reborn as a core affiliate to lead Doosan’s ISB, Doosan Infracore continues to develop and launch new-generation products that deliver top-class performance and reliability.
Global Growth
  • 2006
    Acquired Mitsui Babcock UK (currently Doosan Babcock)
    As part of its efforts to speed up globalization, Doosan Heavy Industries & Construction acquired Mitsui Babcock, a British source technology company for power generating facilities.
  • 2006
    Acquired IMGB Romania (Currently Doosan IMGB)
    The Kvaerner IMGB (currently Doosan IMGB), the largest materials company for power generation facilities in Romania, became a new member of Doosan family.
  • 2007
    Acquired 3 business divisions of Ingersoll Rand US including Bobcat®
    Doosan Infracore successfully completed the M&A of compact construction equipment units including Bobcat®, the world’s leading utility equipment and attachments unit of Ingersoll Rand in the U.S., boosting its ranking in the global construction equipment industry to the 7th.
  • 2007
    Acquired CTI US and Yantai Machinery of China
    Doosan continued to quickly obtain technologies and tap into local markets with the acquisition of CTI US, a company with source technology for HCNG engines, and Yantai Machinery a Chinese wheel loader company.
  • 2008
    Partnership with Chung-Ang University Foundation
    Doosan is contributing to the development of talents and the country through a partnership with and active support of the Chung-Ang University Foundation.
  • 2008
    Doosan Infracore acquired ATL
    Doosan Infracore acquired a German warehouse equipment manufacturer, Advanced Technology Lubben (ATL), as a part of Doosan’s bid to move into the European large-size warehouse market.
  • 2008
    Doosan Infracore Completed the Yantai Plant
    By completing a wheel loader plant with an annual production capacity of 8,000 units in Yantai, Shandong Province, China, Doosan Infracore furnished its production and marketing infrastructure to expand its presence in the Chinese market, which is emerging as the largest market for heavy construction equipment in the world.
  • 2009
    Doosan Corporation converted into a business-running holding company
    Doosan Corporation has become a business-running holding company by satisfying the requirement for a holding company – the total value of the stocks of its subsidiary companies exceeding 50% of the assets of the company – from the 72nd ordinary shareholders’ meeting held on March 27 in Hotel Shilla located in Jangchung-dong, Seoul. Doosan Corporation, a holding company engaged in its own business operations, was excluded from the definition of a holding company in accordance with the Fair Trade Act in Korea in April 2015, resulting from its growing businesses. However, as a de facto holding company of Doosan Group, Doosan Corporation continuously focuses on growing its core businesses and maximizing shareholder value.
  • 2009
    Acquired Czech power generation equipment maker Škoda Power
    By acquiring Škoda Power of the Czech Republic, who possessed core technology for steam turbines, Doosan Heavy Industries & Construction secured core technologies for boilers, turbines, and generators, the three core facilities for power generation. Moreover, Doosan has completed a full line-up of boilers, turbines, and generators to enter the packaged product market of boilers, turbines and generators.
  • 2010
    Established Doosan Power Systems
    To advance into the European and USA markets, Doosan Heavy Industries & Construction established Doosan Power Systems which manages the power plant projects in the regions. The company integrated the boiler source technology of Doosan Babcock and the turbine source technology of Škoda Power to advance into the BTG (Boiler – Turbine – Generator) package markets of Europe and USA.
  • 2011
    Obtained 19 World’s No.1 Class Products Certification
    As of 2011, Doosan produces 19 designated World Class Products (certified by the Ministry of Knowledge and Economy) including desalination and water treatment plants. Based on its top-level technologies, Doosan is quickly increasing its international sales.
  • 2011
    Completed the Xuzhou compact excavator plant
    Doosan Infracore finished the construction of its second production base in Xuzhou, Jiangsu Province, China, with an annual production capacity of 9,800 units of compact excavators of less than 8 tons. The company has completed a two-top production system in China, with the Yantai plant already emerging as the top supplier of excavators in the country in terms of a cumulative production.
  • 2012
    Advocated ‘The Doosan Credo’, a distinctive management philosophy & business method across the Doosan Group worldwide
    ‘The Doosan Credo’ is Doosan’s distinctive corporate philosophy, culture and way of doing business. It has enabled the company to thrive for more than a century. For it to open the door to an even brighter future, Doosan has redefined the implications of the tenet for today’s world. It is being advocated to Doosan’s more than 40,000 staff and executives around the globe as the principle of their words and deeds in business.
  • 2012
    Completed Doosan Corporation Electro-Materials’ Changshu plant in China
    Doosan Corporation Electro-Materials built a copper clad laminate production base in Changshu, China. Doosan Group continues to expand its presence in China as a foothold for the maximum share of the world market and to develop the Chinese market as its second domestic market for the mutual benefit of Korea and China.
  • 2012
    Acquired ENPURE, U.K. based water/wastewater treatment company
    Doosan Heavy Industries & Construction acquired ENPURE, a U.K. based water/wastewater treatment company with core technologies and patents for removing impurities from source water and seawater, as well as superior capabilities in designing of desalination facilities and water treatment systems. This allowed Doosan to secure foundation for enhancing its RO(Reverse Osmosis) desalination competitiveness.
  • 2014
    Doosan enters the fuel cell business
    Doosan merged with Fuel Cell Power, the fuel cell market leader in Korea. It acquired US-based ClearEdge Power, a company possessing the original fuel cell technology for buildings, to enter the fuel cell business.
  • 2014
    Doosan Corporation Acquired Circuit Foil Luxembourg
    Doosan Corporation Electro-Materials BG created a new business opportunity by acquiring Circuit Foil Luxembourg, a leading supplier of circuit foils (a major component of printed circuit boards used in electronic devices).
  • 2014
    Bobcat produces its 1 millionth loader
    Bobcat, Doosan Infracore’s compact equipment business, marked a major milestone with the production of its one-millionth loader, coming 56 years after the production of its first loader in 1958. It’s a record that no other compact equipment manufacturers has achieved. Doosan Infracore donated that special loader to Gwinner, North Dakota, the home of Bobcat, as the city’s new iconic symbol.
  • 2014
    Debut of the Doosan Day of Community Service
    Doosan held the Doosan Day of Community Service in locations all across the globe. On the same day, thousands of employees participated in a wide range of activities to improve their local communities.
  • 2015
    Doosan Industrial Vehicle Acquired British Forklift Rental Firm Rushlift
    Doosan Industrial Vehicle has recently acquired ‘Rushlift,’ a British forklift sale and rental firm. Rushlift provides a comprehensive service including forklift rental, sale of parts and components, sale of used forklifts, and forklift repairs.
  • 2015
    Oricom Acquired Ad Agency Hancomm
    With its acquisition of Hancomm, Oricom is set to take a new leap forward as a general contents group that maximizes synergies by combining Oricom’s capacity in advertising and publication with Hancomm’s strength in BTL marketing.
  • 2016
    Doosan Heavy Industries & Construction Takes Over 1Energy Systems (currently Doosan GridTech)
    Doosan Heavy Industries & Construction recently took over 1Energy Systems (currently Doosan GridTech),a U.S. company that possesses fundamental technology in the field of energy storage system (ESS) software. With this acquisition, Doosan Heavy Industries & Construction has secured the top-rated control system software technology in the ESS industry along with the capability to comprehensively execute the entire process of an ESS project, ranging from design and installation to test operation of the ESS.
  • 2016
    Doosan Bobcat Listed on the Korea Exchange
    Doosan Bobcat, a global leader in the small construction machinery market, has been newly listed on the Korea Exchange. Based in Korea, Doosan Bobcat is a manufacturer of small construction machinery with thirty-one subsidiaries in twenty countries worldwide. The company currently holds the No. 1 market share in the North American market.
  • 2017
    Doosan Heavy Industries & Construction acquires 5.5MW offshore wind turbine technology
    In April of this year Doosan Heavy Industries & Construction acquired a 5.5MW offshore wind turbine technology from Hyundai Electric & Energy Systems. This new acquisition, along with the 3MW model developed internally by the company, is expected to help it gain a competitive edge in the wind turbine equipment and materials market.
  • 2017
    Doosan Fuel Cell completes Korea’s largest fuel cell factory
    Doosan Fuel Cell has completed the construction of its new fuel cell production facility on a 10,744㎡ site at the Second General Industrial Complex in Iksan-si, Jeollabuk-do. A fuel cell is a power generator that produces electricity and heat through an electrochemical reaction of hydrogen and oxygen. Fuel cells are regarded as environmentally-friendly devices with high energy density resulting from their compact size, and high-capacity utilization rates. The company has invested about 40 billion won in the facility, which is capable of producing 144 440KW fuel cells per year, amounting to an annual production capacity of 63MW, the highest in Korea. Combined with its fuel cell factory in Connecticut, USA, the company will be able to respond more promptly to global demand for fuel cells.
  • 2017
    Doosan Bobcat begins manufacturing Earthforce compact construction equipment in China
    Doosan Bobcat has started manufacturing small construction machines in China, and will sell the products under the new brand of Earthforce, which it has launched in a bid to penetrate both the Chinese and emerging markets. The basic design and major components of the Earthforce products strictly conform to the standards of the Bobcat brand to ensure performance and durability. At the same time, however, components that do not influence the key performance of the products will be manufactured or supplied locally in order to enhance price competitiveness.
  • 2017
    Doosan Heavy Industries & Construction acquires US-based gas turbine service firm ACT (renamed as Doosan Turbomachinery Services)
    Doosan Heavy Industries & Construction has acquired the US-based gas turbine service firm ACT Independent Turbo Services in order to secure the technologies required for the core components of gas turbines, including combustors, turbines, and rotors. With this acquisition, Doosan has secured not only ACT’s facilities and professionals specializing in gas turbine services, but also its order backlog and know-how, thus enabling it to enter the huge US gas turbine market (annual capacity: 16GW) almost immediately. The company has also laid the groundwork for making inroads into the global gas turbine service market, which is forecast to reach approximately 210GW by 2030.
  • 2017
    Doosan Infracore establishes joint venture with Lovol Heavy Industry, China’s biggest agricultural machinery manufacturer
    Doosan Infracore has signed a joint venture (JV) agreement with Lovol Heavy Industry (Lovol), a Chinese agricultural machinery manufacturer. The two companies will make a 50:50 investment in the JV, which will combine Doosan Infracore’s highly-regarded engine technologies and mass-production know-how with Lovol’s production facilities and local business competency. Established in China at the beginning of 2018 under the name Lovol Doosan(Tianjin Lovol Doosan Engine Co Ltd), the JV aims to adapt the G2 Engine, an eco-friendly high-efficiency compact engine developed by Doosan Infracore, to local requirements, including China’s greenhouse gas emissions standards, and to supply it for the the agricultural equipment manufactured by Lovol first of all.
  • 2017
    Established Doosan robotics
    Doosan Robotics completed its collaborative robot manufacturing facility with annual production capacity of 10,000-plus units. The new 4,451-square-meter factory built in the Suwon Industrial Complex in Gosaek-dong, Suwon-si, Gyeonggi Province will begin mass production of M Series models in December. Doosan’s collaborative robots are integrated into the main manufacturing process, working side by side with humans to make other collaborative robots.
  • 2018
    Doosan Bobcat Opens a New Backhoe Loader Plant in India
    Doosan Bobcat opened a new backhoe loader plant in Chennai, India. , The facility sits on a site area of 80,000 square meters with a factory floor area of 15,000 square meters, and is capable of producing about 8,000 units a year. India’s compact construction equipment market is worth about KRW 1.3 trillion—the third largest in the world, following the U.S.A. and China—with the backhoe loader market accounting for more than 80 percent.
  • 2018
    Grand Opening of Doosan Infracore’s History Exhibition Hall
    Doosan Infracore’s 1937 Hall opened its doors on the second floor of the Global R&D Center of the Incheon Plant, offering an at-a-glance view of the company’s 80-year history in its 271.68 square meter exhibition space. With an aim to help build the groundwork for the future by reflecting on the pathways the company took and the achievements it has made since its establishment in 1937, the history exhibition hall showcases documents, videos, photos and more for each time frame from Doosan Infracore’s establishment to the present.
  • 2018
    Doosan Mobility Innovation(DMI) Sets Foot in UAV Fuel Cell Market
    DMI has succeeded in demonstrating a breakthrough drone flight time using a hydrogen fuel cell pack.
  • 2018
    Doosan Heavy Industries & Construction’s Wind Power System Recognized as the ‘Most Outstanding National R&D Project’
    Doosan Heavy Industries & Construction’s wind power research project was selected as the Most Outstanding National Research and Development Project for 2018 from among 60,000-plus state-funded candidates. The new mid-to large-scale, high-efficiency wind power system is optimally designed to generate electricity in low winds by being incorporated into the WinD3000/134, the company’s latest 3MW on and offshore wind turbine model. The largest rotor diameter is applied to a 3MW wind turbine to help deliver the maximum power efficiency compared to its peers and generate a high power output even at low wind speed. Against this backdrop, the technology is expected to greatly contribute to the advancement of the renewable energy technology.
  • 2018
    Doosan Robotics Advances to Chinese Collaborative Robotics Market
    Doosan Robotics signed a distribution agreement with Bozhong Group’s Linkhou, China’s largest industry automation solution specialist, in Suzhou, China, to supply its collaborative robots in China. By signing the agreement, Doosan Robotics has built 13 sales channels in eight countries, including Germany, China and France, in just one year after the launch of mass production. Meanwhile, Doosan Robotics continues to increase its market share by building channel partnerships in Korea.
  • 2019
    Inauguration of Doosan Logistics Solutions
    Doosan Corporation has secured a “logistics automation solutions” technology that controls and manages the entire process from product arrival in the logistics center to transfer, storage, and shipping, and it has established Doosan Logistics Solutions to run this business. Doosan Logistics Solutions combines its logistics automation solutions with Doosan Corporation's existing businesses, such as forklift trucks, collaborative robots, and fuel cells for drones, which are Doosan's core capabilities, to create synergy, and in the long term, expand them into system integration (SI) between different logistics systems.
  • 2019
    Localization of large gas turbine for power generation...Fifth in the world
    Doosan Heavy Industries & Construction (DHIC) has actively participated in the national project of developing the Korean model for the large-capacity gas turbine model since 2013 and succeeded in developing the world’s fifth—and Korea’s first—unique large gas turbine for power generation.
  • 2019
    Launch of “hydrogen fuel cell pack for drones”
    Doosan Mobility Innovation has launched a hydrogen fuel cell pack for drones, which allows them to fly for two hours, and begun full production. In addition, the company was awarded the “Best of Innovation” and “Honoree” awards in recognition of its hydrogen fuel cell drone and DP 30, a hydrogen fuel cell pack for drones, respectively, at the CES 2020 Innovation Awards.
  • 2019
    Establishment of Doosan Fuel Cell
    Doosan Corporation has newly established Doosan Fuel Cell by carving out a fuel cell business division. Made with the company's original fuel cell technology, Doosan Fuel Cell's fuel cells have a promising business outlook as they require the smallest installation area among renewable energy generation facilities and enable a stable power supply regardless of climate.
  • 2019
    Doosan Infracore demonstrates an unmanned, automated construction site
    Doosan Infracore has unveiled and demonstrated its comprehensive control solution "Concept-X", wherein 3D scanning via drones surveys the work area, then the surveyed topographical data are automatically analyzed to establish work plans, and work is executed by unmanned excavators and wheel loaders. The demonstration was held at South Korea's largest construction equipment performance testing site in Boryeong, South Chungcheong Province, which opened in October. Doosan Infracore plans to commercialize the comprehensive control solution for construction sites by 2025.
  • 2019
    To enter the agricultural machinery and landscaping equipment market in earnest
    Doosan Bobcat will acquire a zero-turn mower* business from U.S. landscaping company Schiller Grounds Care to accelerate the expansion of its agricultural and landscaping businesses with a recently launched compact tractor. In particular, the company plans to broaden its dealer network in the southern and western parts of the U.S. -- where demand for both products is high -- and bolster its existing product sales.
    * Zero-turn mower (ZTR mower): This equipment for landscaping work such as weeding is highly efficient as it applies a zero-turn method (zero-degree turn radius).
  • 2019
    To materialize entry into the U.S. small modular reactor market
    Doosan Heavy Industries & Construction (DHI) has concluded a business collaboration agreement with U.S. nuclear power company NuScale Power that includes equity investment and the supply of some nuclear reactor modules and other equipment. With this small modular reactor agreement, DHI is expected to supply equipment worth at least $1.3 billion, considering future projects in the U.S. and the expanding global market.
  • 2020
    Doosan Fuel Cell built the world's first and largest byproduct hydrogen fuel cell power plant
    Doosan Fuel Cell completed the construction of the “Daesan Hydrogen Fuel Cell Power Plant,” which can supply 114 hydrogen fuel cells. The Daesan Hydrogen Fuel Cell Power Plant is the world's first and largest fuel cell power plant fueled by byproduct hydrogen. Doosan Fuel Cell aims to develop a new business model for the hydrogen industry by establishing a business partnership for the development of eco-friendly fuel cells for ships with Navig8, a global shipping company.
  • 2020
    Doosan Heavy Industries & Construction commenced the full-fledged export of its technology by shipping a small modular reactor worth KRW 1.5 trillion to the U.S.
    A small modular reactor (SMR) model produced by NuScale Power, a company in which Doosan Heavy Industries & Construction has invested, received the first of its kind design certification from the U.S. Nuclear Regulatory Commission (NRC). This means that the safety and reliability of NuScale Power’s SMR model has been recognized in the global nuclear power plant market. It will also allow NuScale Power to promote SMR projects in full scale throughout the world, including in Canada, the Czech Republic and Jordan, in addition to the U.S.
  • 2020
    Doosan Bobcat unveiled its own brand, the “Zero Turn Mower,” to accelerate the development of the landscape equipment market
    Doosan Bobcat launched the ZTR Mower under Bobcat’s own brand in North America to begin the development of the landscape equipment market in earnest. Doosan Bobcat plans to sell the new product using its dealer network, while simultaneously increasing the sales synergy effect with its main product line of small construction equipment.
  • 2021
    Construction of the Doosan Tower in Bundang
    The new company building, which consists of 27 floors and seven basement levels, was designed as a landmark building that applied a lift-up method to a 1,500-ton sky bridge, which is the largest scale in Korea. Five companies (Doosan Heavy Industries & Construction, Doosan Infracore, Doosan Digital Innovation, Doosan Bobcat, and Doosan Cuvex) will move into the new building, where they are expected to create a powerful synergy effect.
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