- Business
- DongWon Development Co.,Ltd. (013120.KQ) engages primarily in housing construction and civil engineering projects throughout South Korea. The company develops and constructs apartments, residential complexes, and housing projects, including branded developments such as Ilgwang Dongwon Royale Duke, Yangsan Vista Dongwon Solasta, and Citizen Park Vista Dongwon; it also undertakes civil engineering works encompassing highways, bridges, tunnels, subways, railroads, and industrial complexes, alongside construction of power plants, factories, warehouses, and seawater desalination facilities. DongWon Development operates in the construction sector with segments in housing construction, civil engineering, and rental activities, targeting residential and infrastructure markets primarily in Busan, Yangsan, Pyeongtaek, and other regions across South Korea. Founded in 1975 and headquartered in Busan, South Korea, the company, formerly known as Dongwon Housing Co., Ltd., changed its name to DongWon Development Co., Ltd. in 1978 and maintains a workforce of approximately 326 employees with a focus on high-rise apartments and eco-friendly urban development. Recent activities include ongoing apartment project completions and pre-occupancy inspections at sites like Ilgwang Dongwon Royale Duke in November 2025 and Yangsan Vista Dongwon Solasta earlier in the year, alongside corporate social responsibility efforts such as donations to the Red Cross and local communities, and receipt of a Presidential Citation on Taxpayer's Day.