- CEO
- Jeongwon Park
- Full Time Employees
- 1,749
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Doosan Tower, 275, Jangchungdan-Ro, Jung-Gu Seoul SL South Korea
- IPO Date
- Jun 29, 1973
- Business
- Doosan Corporation engages primarily in manufacturing and infrastructure-related businesses with diversified product and service offerings. The company’s main products and services include heavy construction equipment; hydraulic components; advanced fuel cell technologies such as phosphoric acid fuel cells (PAFC) and solid oxide fuel cells (SOFC); industrial air compressors; autonomous and electric construction machines; robotics including collaborative robots (cobots) for industrial and service applications; water treatment and desalination plants; power plant equipment and operations including small modular reactors (SMRs); and clean energy solutions encompassing hydrogen fuel cells, wind power, and battery recycling technologies. Their operations span globally including South Korea, North America, the Middle East, Asia, and Europe, targeting infrastructure, energy, industrial, and commercial sectors.
Founded in 1896 and headquartered in Seoul, South Korea, Doosan Corporation is a leading diversified industrial conglomerate operating through multiple subsidiaries. Recent major changes focus on strategic growth and technological advancement. In 2024, Doosan Bobcat acquired Mottrol, a hydraulic component manufacturer, enhancing its product portfolio in construction equipment hydraulics. Doosan Fuel Cell underwent a strategic pivot by consolidating its PAFC and SOFC businesses, establishing a 50MW SOFC mass production system to target high-efficiency stationary power markets including AI data centers, maritime, and microgrids. The company formed key partnerships with technology leaders such as Ceres Power, Ballard Power Systems, and industrial players including Shell and Hyundai to expand hydrogen fuel cell applications across mobility, maritime shipping, and waste-to-energy sectors. Doosan Robotics launched its PRIME-SERIES cobots with advanced safety and power efficiency features, and debuted innovative service robots like AI-powered bartending cobots. At CES 2024, Doosan showcased next-generation eco-friendly technologies including hydrogen electrolyzers, autonomous machines, and robotics. Additionally, Doosan is actively expanding in semiconductor-related fields, having entered the bidding for SK Siltron, a major semiconductor wafer manufacturer, reflecting an emphasis on technology diversification and growth in high-value sectors.
These developments underscore Doosan Corporation’s strategic orientation towards clean energy, automation, and global infrastructure, leveraging advanced technologies and partnerships to secure a competitive edge in hydrogen fuel cells, autonomous construction machinery, and sustainable industrial solutions. The company continues to integrate its subsidiaries under a cohesive global infrastructure support business model, aiming for innovation-driven expansion across multiple regions and markets. This position reinforces Doosan's commitment to providing comprehensive infrastructure support and energy solutions worldwide.