History of Doosan
Doosan Group is a South Korean multinational conglomerate founded in 1896 as Park Seung-jik Store, a small trading company in Seoul. Over the decades, it expanded into various industries, including textiles, food, and publishing, before transitioning into heavy industries and construction equipment in the 20th century. The company played a key role in South Korea’s industrialization, diversifying into power generation, water treatment, and engineering solutions.
In the 21st century, Doosan became a global leader in heavy machinery and energy sectors, acquiring companies like Bobcat in 2007 to strengthen its construction equipment division. The company also expanded into infrastructure support and fuel cell technology. Today, Doosan operates worldwide, focusing on innovation in industrial solutions, energy, and advanced manufacturing.