Table of Contents
2
About Doosan
A History of Transformation
An Explosive Growth Record
Global Expansion that Extends Our Reach
The Doosan Way
12
36
Our Infrastructure Support Businesses
48
Corporate Social Responsibility
56
Financial Review
62
Domestic/Global Network
Holding Company and Others
Doosan has selected “
” as the corporate slogan,
which is based on the conviction that companies must contribute to humankind
and help to shape the future. All Doosan employees now embrace this slogan,
and we continue to enhance our capabilities as a global company through our
unique value and philosophy.
Doosan is working at this very moment to provide the basics necessary for
improving the quality of people’s lives. Doosan’s presence can be found
in every area of the infrastructure support business, which encompasses
industrial facilities, machinery, heavy equipment and construction. You are
invited to watch how we are helping to shape the future for all.
About Doosan
A History of Transformation
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
Korea’s Oldest Enterprise
Doosan is Korea’s oldest business organization with
a proud history of 116 years. Doosan began in 1896 as
Korea’s first modern retail business, known then as
Park Seung-jik Store and has grown and developed for
more than a century.
A Journey of Dynamic Change and Innovation
Now a global ISB powerhouse, Doosan’s history
represents a story of dynamic change and growth.
In 1946, Chairman Too Pyung Park renamed the Park
Seung-jik Store as the Doosan Mercantile Company,
marking the start of our modern history. We diversified
into brewing and international trade in the early 1950s
and into construction, food & beverages, machinery,
media and cultural services in the 1960s. By the 1970s,
Doosan was well established as a leader in Korean
consumer products and culture-related businesses
and our construction, machinery, and electronics
businesses entered high-growth stages.
During the 1980s, we focused on becoming
international while also venturing into publishing and
advertising. In the 1990s, operations were divided into
three business sectors: information & retail, consumer
products, and high-tech materials.
In 1995, one year before our 100th anniversary, we
began to rigorously restructure with an aim to reinvent
ourselves for the 21st century. We sold flagship
affiliates, including OB Beer, improved profitability
by integrating 23 affiliates into 4 companies (Doosan
Corporation, Doosan Engineering & Construction,
Doosan Packaging and Oricom) and introduced
advanced management systems.
Transition to an ISB-driven Business Portfolio
With a better financial health and improved cashflows,
Doosan has accomplished remarkable change and
growth through the acquisitions of new growth engines
since 2000. Doosan acquired power and desalination
plant builder Doosan Heavy Industries & Construction
(formerly Korea Heavy Industries & Construction)
in 2001, Koryo Industrial Development in 2003 and
construction equipment maker Doosan Infracore
(formerly Daewoo Heavy Industries & Machinery) in
2005. Such major acquisitions have transformed our
business portfolio to one centered on the infrastructure
support business (ISB).
Acquisition of Global Operations
Doosan has aggressively acquired companies outside
Korea to grow and globalize. In 2005, we acquired
the water treatement business of US-based American
Engineering Service Inc. (AES) to set up Doosan Hydro
Technology. In 2006, we acquired UK-based Doosan
Babcock (formerly Mitsui Babcock Energy), with
patented technologies in the design and engineering
of boilers, as well as a large-scale casting and forging
operation Doosan IMGB (formerly Kvaerner IMGB) in
Romania. In 2007, Doosan Infracore acquired the US
based Bobcat, the world’s No. 1 compact construction
equipment company, to emerge as the world’s seventh
largest construction equipment maker. In 2008, we
acquired Doosan Mottrol (formerly Tongmyung Mottrol),
a hydraulic systems specialist, and Norway-based
Doosan ADT (formerly Moxy Engineering), a maker of
articulated dump trucks. Each of these acquisitions has
added significant synergy value to our rapidly growing
ISB business.
In 2011, Doosan Heavy Industries & Construction
acquired Chennai Works, an Indian manufacturer of
boilers for coal-fired power plants to raise its ordertaking competitiveness in the local market. Also, we
obtained a majority share of Germany’s Lentjes to
access original technologies for eco-friendly power
generation facilities.
A New History as a Top-tier Global Enterprise
We have accelerated our globalization through
aggressive cross-border acquisitions. As such,
Doosan now operates 24 domestic and 113 overseas
subsidiaries, generating 58% of our sales from outside
Korea in 2011.
Although we have already achieved significant changes,
we will continue to pursue further transformation to
provide exceptional products and services that inspire
trust and pride among our customers, shareholders
and employees.
Sales growth
(In trillions of KRW)
1998
2011
3.4 26.3
05
An Explosive Growth Record
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Average Annual Sales Growth : 20%
Doosan chose to pursue the infrastructure support
business as our new main growth engine, a choice
that has generated phenomenal growth. Sales (which
totaled W3.4 trillion in 2000) reached W26.3 trillion in
2011, a CAGR of 20% per year. Over the same period,
operating profit increased from W300 billion in 2000
to W1.7 trillion in 2011. This achievement was made
possible through the simultaneous pursuit of both
organic and inorganic growth.
Financial Review
Transition to a Holding Company Structure for
Sustainable Growth
Doosan has maintained record growth by establishing
a technology-oriented business portfolio and
successfully restructuring our capital structure. In
2009, we transitioned to a holding company structure
after 3 years of preparation and established more
transparent corporate governance. With renewed
focus on our core business as well as a strengthened
drive to enhance corporate value, we laid the
foundation for long-term sustainable growth.
A Balanced Growth of Scale and Profitability
Doosan Heavy Industries & Construction’s sales
have steadily increased from W2.5 trillion in 2001
to W8.5 trillion in 2011 (including overseas
subsidiaries). Equally impressive was the steady growth
in operating profit, which rose from W93.0 billion to
W6.9 trillion (including overseas subsidiaries), an
average increase of 21% a year over the same period.
DHI&C’s market capitalization has risen every year over
the past decade, from KRW 980 billion in 2001 to more
than KRW 6.89 trillion in 2011. In 2011, we established
the new EPC and Power Business Groups to generate
synergy between EPC projects and the related supply of
materials. Of course, this move expands our capacity to
fabricate construction materials in-house. The overall
goal is to realize “profitable growth” in the power plant
segment, namely a balance between operational
expansion and higher profitability.
>
New Growth Engines through Acquisitions
Doosan Infracore has also grown remarkably. In 2007,
the company acquired the American firm CTI, which
owns patented technology for engines powered by
a blend of hydrogen and compressed natural gas
(HCNG) and Yantai Yuhua Machinery, a major Chinese
wheel loader maker. In 2007, Doosan Infracore also
completed the acquisition of Bobcat, the world’s
leader in compact construction equipment. This
acquisition enabled us to climb to fifth place
among global construction equipment makers.
Sales (In billions of KRW)
44,588.2
’15E
26,290.2
’11*
24,478.5
’10*
’09
21,386.3
22,704.4
’08
’07
18,516.3
* In Accordance with the Korean International
Financial Reporting Standards (K-IFRS)
Annual revenue growth
rate since 2000
20
%
07
Global Expansion
that Extends Our Reach
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
Accelerating Globalization
Our diverse business portfolio allows us to improve
the lives of people around the world. Meanwhile,
our global expansion is accelerating, thanks to
a talented workforce of 43,000 employees (at
the end of 2011) in 34 countries (with more than
21,000 employed outside Korea) and a sales
network spanning more than 1,600 locations
worldwide. In 2011, we generated W15.1 trillion in
sales (over half of the total revenue) from outside
the Korean market.
steer loaders, compressors and attachments while
our aggregate sales of excavators in China remained
the highest among all manufacutrers throughout
2010.
Efficient Networks that Span the Globe
Doosan’s production plants span the globe from the
US and Europe to Asia. Our production facilities are
closely linked with the Korea-based headquarters
and global R&D and engineering networks based in
the US, India and Europe to ensure that customers
worldwide receive top-quality products, technology
and services.
Ongoing Investment for Stronger Competitiveness
Doosan invested W1.62 trillion in 2011 to extend
global reach and bolster global competitiveness.
We continue to strengthen operations and expand
the business network by hiring and training
globally competent talent. We are also adopting the
International Financial Reporting Standards (IFRS) as
part of our commitment to operating on the global
stage and adhering to global standards.
Doosan is ranked the second in the world for low
speed marine diesel engines. Many other Doosan
products such as work rolls and mold steel for cold
rolling, hydraulic turbines for hydroelectric plants and
crankshafts for large vessels have been selected as
“World Best Products” by the Korean government.
An ISB Leader Recognized Worldwide
Doosan has been recognized as a global leader
in various ISB sectors including power, seawater
desalination, construction equipment and marine
diesel engines.
Doosan has emerged as a global EPC contractor in
the power plant segment. At the same time, we have
delivered the most heat-recovery steam generators
in the global industry over the past decade (20012010). Meanwhile, Doosan Heavy Industries &
Construction is internationally recognized as the
world’s foremost builder of seawater desalination
plants. We are now entering the multi-effect
distillation (MED) segment, thereby furthering our
market dominance.
Doosan has also completed a client-tailored
construction equipment portfolio that encompasses
compact, mid-sized and large model lineups.
Importantly, we are ranked first in the world for skid
Overseas vs. Domestic Revenues (Unit: %)
Domestic
Overseas
82
42
18
58
’98
’11
Our global workforce
43,000
in 34 countries
09
The Doosan Way
The values and philosophy
that drive our growth
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
Exclusive Values and Philosophy of the Doosan Way
The Doosan Way is our unique way of doing business
that has sustained Doosan for more than ten decades,
and has given us a competitive edge for the future.
As a values-based management system, it guides us
as we set goals and make strategic decisions,
and as we work to reach our company’s aspirations
and fulfill our vision. There are two key components
of the Doosan Way: the Aspiration and the Doosan Credo.
Aspiration
Doosan’s ultimate goal is the creation of a Proud Global
Doosan. In our Vision, each of our employees and all of
our stakeholders will benefit from, and be proud of their
association with Doosan. Every employee takes great pride
in being a member of Doosan. Each customer recognizes
and appreciates Doosan’s high-quality goods and
services. Every shareholder values our fair and high levels
of profit.
Doosan Credo
The Doosan Credo is about the values that the people
of Doosan demonstrate everywhere we operate, every
day. The Doosan Credo is at the heart of the Doosan
Way: its values guide the way we do business, the way
we treat each other, and the way we work with all of
our stakeholders. The Doosan Credo focuses on our
responsibilities to people, business and society. We are
confident that by fostering talented people, honesty,
transparent business management, and ceaseless
innovation, we will become a ‘Proud Global Doosan’.
Cultivation of Globally-Competent Personnel
We established “People Infrastructure” to recruit, retain
and train highly qualified people. In support of this effort,
we operate Doosan Leadership Institute (DLI), a worldclass
human resources development center.
Here, globally-competent personnel are being cultivated
through cutting-edge training and education programs
that employ the latest learning methods, case studies,
simulations and a combination of online/offline learning.
11
Left to right: Jaebum Kwon, Doosan Corporation; Yousun Shin, Doosan Engineering & Construction; Taehwan Kim,
Doosan Corporation; Sun Ying Xia, Doosan Infracore China; ; James B. Bemowski, Doosan Infracore America; Trong Luan Do,
HANVICO; Mublin A.G.Dawood, Doosan Heavy Industries & Construction; Jungyeon Kim, Doosan Corporation; Mahendra Vaidya,
Doosan Heavy Industries & Construction; Pauly Virginie, Doosan Infracore Europe.
Our Infrastructure
Support Businesses
Our Infrastructure
Support Businesses
Enriching the world as
an ISB leader
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
The infrastructure support business (ISB) is
both a growth engine and the key to our global
expansion. ISB also delivers the essentials for
enriching lives worldwide. The business is about
building and operating infrastructure in the
public and private sectors and includes energy
development, parts and machinery, construction,
civil engineering, transportation and other valueadded areas.
Doosan’s ISB activities generate 90% of total
sales and encompass various types of plants,
construction equipment, machinery, military
equipment, housing, expressways, bridges and
industrial engines.
The rapid progress of urbanization, globalization,
and the surging growth of the emerging markets
will enable us to increase ISB market share and
help enrich the world through continuous growth
of our ISB business.
Sales Contribution by Business Type (Unit:%)
Other
Businesses
Infrastructure
Support
Businesses
67
10
33
90
’98
’11
ISB share of sales portfolio
90
%
15
Doosan Heavy Industries
& Construction
Changing the world with cutting-edge
technology and expertise
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
A Frontrunner in Industrial Plants
Doosan Heavy Industries & Construction has
spearheaded the growth of the Korean machinery
industry by supplying basic materials such as
castings and forgings as well as facilities for
nuclear, thermal, and hydraulic power generation;
seawater desalination and water treatment;
transportation and environmental protection.
In addition, the company is a world-class general
contractor, well recognized for its technology and
construction capabilities of industrial plants,
civil engineering projects such as subways,
expressways and high-speed railways, and
largescale projects.
14,990.2
>
A Global Leader in Power and Water
Doosan has supplied 133 boilers (about 58GW in
combined capacity), 101 turbines and generators
(about 61GW in total output), and 422 HRSGs for
power plants over the past four decades. Since
2006, Doosan has played a prominent role in the
industry by winning numerous EPC contracts for
large-scale power plant projects in the Middle
East, India and Southeast Asia. Also, we have won
orders for 25 desalination plants across the Middle
East, including in Saudi Arabia, the UAE, Kuwait,
Oman, and Qatar since 1978. The amount of fresh
water produced daily in these plants is about 5.7
million tons, enough to satisfy the daily needs of
19 million people.
Boost in Global Business Competencies
Doosan established Doosan Power Systems with
Doosan Babcock in the UK and Skoda Power in
the Czech Republic in a bid to go after power plant
market in Europe and the Americas. In May 2009,
we completed a large-scale plant complex in the
Dung Quat industrial park in Vietnam to fabricate
parts for generators, material-handling systems,
and water desalination facilities. This complex is
now in regular operation. In 2011, we acquired
Chennai Works in India to elevate our competitiveness in tenders for local construction contracts.
The Indian maker of boilers for coal-fired power
plants is located in the port of Chennai, the biggest city in South India. Also, we took managerial
control over Lentjes, a German company, to obtain
original technologies for eco-friendly power generation facilities.
Renewable Energy for Our Future Business
Doosan is developing solutions that will add value
and improve performance by taking innovation
and technological excellence to the next level.
Efforts are underway to raise the competitiveness
of main business areas and to discover new growth
opportunities in power plant upgrades and related
services. We are a leader in developing clean coal
technologies, wind power generation, fuel cells
and other next-generation energy technologies. In
2010, we completed the performance test of the
WinDS3000TM, a 3 MW offshore wind power
generation system developed by Doosan.
We received our first order for three units to be
installed at a wind farm in Sinan, South Jeolla
Province, and received certification from the DEWIOCC Offshore and Certification Centre GmbH
(DEWI-OCC) for wind turbines. The DEWI-OCC
certification will accelerate Doosan’s advance into
Europe and US, the Middle East, and Southeast
Asia markets.
7,030.2
7,684.6
7,928.9
8,495.5
5,136.3
’07*
’08
’09
’10**
’11**
’15E
* Revenues of overseas subsidiaries are included
from 2007.
** In Accordance with the Korean International
Total power generation capacity
119
GW
17
& Construction
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
EPC
Doosan is a major Engineering, Procurement
and Construction (EPC) contractor for power
plant projects, and one which plays a leading
role in every process along the way, from design
and fabrication to procurement, installation
and commissioning. Since 2003, we have
won a number of important EPC orders in the
Middle East, India and Southeast Asia. The first
significant one was a coal-fired thermal power
plant EPC project in Sipat, India. This was followed
by a 4,000 MW thermal power plant complex in
Mundra, India and the Jebel Ali M power station in
the UAE. In 2010, we began to work on the world’s
largest power plant with the Rabigh 6 project (daily
capacity of 2,800 MW) in Saudi Arabia and the
Mong Duong 2 thermal power plant in Vietnam.
Power
>
Doosan acquired Doosan Babcock in the UK and
Skoda Power in the Czech Republic, positioning
ourselves a global leader with a wealth of
original technologies and extensive track record
in the areas of boilers and turbines. To date, we
have supplied 560 thermal power plant units to
the domestic and overseas markets. Doosan has
retained the top share of the world market for
HRSGs used in combined-cycle thermal power
plants since 2001. At the same time we are at
a leader in developing and commercializing
technologies for the next-generation, eco-friendlier
power industry, to include carbon capture &
storage, wind power generation and fuel cells.
In 2010, we received an order to supply wind
turbine systems to the Sinan Wind Farm in South
Jeolla Province of South Korea, and we received
international certification from Germany’s DEWIOCC (Offshore and Certification Center).
Nuclear Power Plants
Doosan has earned international recognition in
the industry by supplying reactor vessels, steam
generators and key components for nuclear
power plants not only in Korea, but in the U.S.
and China as well. In 2008, we won orders to
supply Westinghouse Electric with six reactors
and a dozen steam generators in support of the
first new nuclear plant construction in the U.S.
in 30 years. Doosan is also the main supplier of
the nuclear steam supply system for Korean-built
nuclear power plants in the UAE. In 2010, Doosan
completed work on the first APR-1400 reactors
for Shin-Kori 3, a new light water reactor model
developed exclusively in Korea. We also localized
a digital I&C system called MMIS (man-machine
interface system) and completed the development
of Korea’s first reactor coolant pump. These
breakthroughs will be applied to reactors at ShinUlchin 1 and 2, which will mean that all the main
components at Korean nuclear power plants will
have been entirely manufactured using domestic
technology.
is to implement needs-driven water systems
that allow for brand-new solutions to the water
market. Furthermore, Doosan has expanded its
business portfolio into the water treatment sector,
with our wide spectrum of products and services
now actively marketed by regional offices in the
Americas, the Middle East, and Southeast Asia.
Water Plants
Castings & Forgings
Doosan is one of the few companies in the world
that offers proprietary technologies for all three main
desalination processes: Multi-Stage Flash (MSF),
Multi-Effect Distillation (MED), and Reverse Osmosis
(RO). Doosan also holds a commanding lead in
the global desalination market. In addition to the
310 MIGD plants currently under construction, our
current desalination plants are producing more than
1,280 MIGD of potable water for daily use, serving
more than 19 million people around the world.
In 2010, we signed an agreement to build the Ras
Al Khair Phase 1 plant in Saudi Arabia, which will
ultimately become the largest desalination plant in
the world, with a capacity of 228 MIGD. In addition,
we plan on building the world’s largest singleunit MED plant, in Yanbu, Saudi Arabia. Doosan
conducts its water-related R&D activities at its R&D
centers in Changwon (Korea), Dubai (UAE), and
Tampa (USA). The main goal of our R&D centers
Doosan boasts the world’s highest capacity
when it comes to castings and forgings. The
company also has the technology to provide topquality materials that satisfy specifications in a
number of different fields, such as power plants,
steelmaking, mold steels, tool-making, mining,
cement manufacturing, and bridge building. In
2006, our global expansion took off with our
acquisition of Doosan IMGB (formerly known as
Kvaerner IMGB), the owner of the largest power
plant in Romania. In the nuclear power plant
supplies market, we have further increased our
competitiveness by discovering new growth
opportunities for mega-sized, single-piece
castings and forgings and succeeded in building
a mass production line. As of 2011, seven of
our products, including a rotor shaft for turbine
generators, have been designated “World Best
Products” by the Korean government.
19
& Construction
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
Doosan Babcock
Doosan Babcock is a world-class company with
over 110 years of history in design, supply
and construction of advanced steam generation
technology for the power plant industry. Doosan
Babcock possesses source technology to design,
engineer and construct dust coal combustion
boilers, a major product line in the world’s thermal
plant boiler market. Recently, Doosan Babcock
became the world’s first to succeed in a 40MW
oxycoal clean combustion test, a size that can be
commercialized, paving the way to build a clean
plant that emits no carbon dioxide.
>
Skoda Power
>
Skoda Power is a 150-year old Czech-based
company that designs and manufactures steam
turbines and other power facilities. Skoda Power
possesses patented technology in steam turbines
and has provided about 2,000 units to thermal
and nuclear power plants. By acquiring Skoda
Power in 2009, Doosan has been able to produce
boiler turbine-generator packages.
>
>
In 2009, Doosan established Doosan Power
Systems (DPS), with the support of UK-based
Doosan Babcock and Skoda Power of the Czech
Republic, to make further inroads into American
and European markets.
>
Doosan Power Systems
Doosan Lentjes
In 2011, Doosan acquired AE&E Lentjes,
which delivers plant engineering, boiler, and
environmental technologies, as well as components
for thermal power generation and energy from
waste plants. The German company established in
1928 owns numerous high-end green technologies
such as circulating fluidized bed combustion (CFBC)
boilers and desulfurization systems.
Doosan Hydro Technology
Doosan Hydro Technology owns patented technologies for reverse osmosis systems, which account for
50% of the world’s desalination facilities market.
Thus, Doosan is now equipped in-house with
technologies for all three of the major desalination
system types: Multi-Stage Flash(MSF), Multi-Effect
Distillation (MED) and Reverse Osmosis(RO).
Doosan E&S (Engineering & Services)
Doosan IMGB
Doosan E&S was established as a strategic
alliance with Burns and Roe, a renowned plant
engineering firm, in New Jersey in September
2008. Doosan E&S will receive the engineering
technology and know-how of Burns and Roe,
while the engineers at Burns and Roe will
participate in the worldwide projects of
Doosan.
Established in 1963, Doosan IMGB is the largest
forging and casting company in Romania,
equipped with a 13,000-ton press and capable of
producing 140,000 tons a year. We have
unsurpassed competitiveness in the world market
for power plant castings and forgings and mostly
export our products to Europe, the Americas,
China, and the rest of Asia. Doosan will develop
Doosan IMGB as a second materials supply base
(the first is in Changwon, Korea) and plans to
increase its sales to US$900 million in 2015, more
than double the current level.
Doosan Vina
Doosan Vina is a global production base inside the
Dung Quat Industrial Complex in Vietnam
completed in May 2009 after more than two years
of construction. Doosan Vina has 5 production
plants and is fully equipped with its own port
and harbor facilities. These plants produce boilers,
HRSGs, desalination plants and transportation
facilities.
Local engineers are now being cultivated
and efficiency raised to match the productivity of
Changwon plant. Doosan Vina aims to become a
major global production base with annual earnings
of US$ 330 million by 2020.
Doosan Chennai Works
Chennai Works, which joined in Doosan in 2011,
is a manufacturer of boilers for coal-fired thermal
power plants. The company is located in
Chennai, India. Major products include water
walls, coil, and headers for boiler systems with
capacities of 300MW and lower. We offer optimal
solutions and services tailored to the local needs
of the Indian market via Doosan Chennai Works.
21
Doosan Infracore
Emerging as a world-leading
construction equipment maker
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
A Global Leader in Construction Equipment
Doosan Infracore is a world-class machinery
maker, providing top-quality products and
services in the business areas of compact
equipment, machine tools, engines, attachments
and utility. The company leads Doosan’s
ISB segment, bolstering overall product
competitiveness and market position through
ongoing technology and quality enhancement.
An Extensive Global Network
Doosan Infracore operates a broad global business
network that includes local sales subsidiaries,
branches, parts centers and technical centers
in diverse locations in the world as well as our
dealer organization network extending worldwide.
In addition, we have built large-scale factories in
Korea, China, the US, Belgium, Germany, France,
Hungary, and Norway to produce various kinds of
construction equipment, and machine tools that
enable us to satisfy the diverse needs of local
customers.
Continuous Expansion of World Market Share
Our superior technologies, high quality products
and exceptional services have raised customer
satisfaction to increase our global market shares.
We firmly lead the Korean markets for excavators
and machine tools, while our aggregate excavator
sales total in China remains the highest in the
industry. We maintain the top share of the US
market for compact construction equipment
and are steadily increasing our share of the
heavy-duty construction equipment segment.
Importantly,sales have skyrocketed in the newly
emerging markets of Latin America, the former
CIS, Africa and India.
Global R&D Capabilities
Continuous R&D investment has enabled
Doosan Infracore to secure the capabilities to
develop world-class products. R&D personnel
at the Doosan Group R&D Center and the R&D
units of each business group are dedicated to
creating high-performing, high-quality products
with environment-friendliness and value-added
features for the next generation. Going forward,
we will further enhance our global technology
leadership by steadily expanding our R&D
investment.
A Rapid Rise toward the Global Top 3 Machinery
Doosan Infracore is pursuing operational
innovations to bolster global competitiveness,
with our vision to make each of our divisions rank
among the world’s top three in their respective
businesses. We also focus on securing future
growth engines by developing and marketing
next-generation construction equipment,
compact equipment machine tools, engines,
attachments and utility with world-class
performance and reliability.
15,400.0
8,463.1
7,481.9
7,371.3
5,538.2
4,280.1
’07
’08
’09
’10**
’11**
* On a condolidated financial statement basis,
including DII
’15E
Global vision of
Doosan Infracore
2020 Global
Top
3
machinery
23
Doosan Infracore
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
Doosan Infracore Construction
Equipment (DICE)
Doosan
The Doosan brand is proudly displayed on
medium- and heavy-sized construction equipment
produced by Doosan Infracore. We have been
building a global production and business network
since 1990 to become one of the world’s foremost
construction equipment makers.
We have received international recognition for
advanced electronics and information technologies
as well as for compliance with global environmental
regulations. Currently, we operate large-scale
construction equipment factories in Korea, China
and Belgium. We have also established sales
subsidiaries, branches, and a worldwide dealership
network, making us a truly global player in every
respect.
In addition, our global operations keep expanding
with Bobcat compact construction equipment and
Montabert attachments. We are building a
customer and market-oriented organizational
platform while maximizing synergy to make Doosan
Infracore one of the world’s Top 3 construction
equipment makers.
Bobcat Company
Bobcat developed the world’s first compact
construction equipment. The company operates
R&D, procurement, production and sales
operations in North Dakota, USA, and has a
tradition that goes back more than half a century.
Bobcat has a global production system that
spans North America, Europe and Asia, with a
product lineup that includes skid-steer loaders,
mini excavators, mini track loaders, compact track
loaders and telescopic tool carriers. The highly
popular Bobcat brand of equipment is supplied to
work sites around the world.
We have built a wide base of customers worldwide.
Currently, the Bobcat brand of compact skid-steer
loaders and compact track loaders enjoy the top
share of their respective markets. The Bobcat mini
excavator is ranked third in global market share.
The North American and Europe markets are showing
signs of recovery, and Bobcat is steadily expanding its
market share of its mainstay skid-steer loaders and
mini-excavators. Going forward, the Bobcat brand
will maintain world leading competitiveness through
synergy with Doosan Infracore.
Portable Power
Portable Power is 140 years old and produces
compressors, generators, lighting systems and
other items famous for reliability and durability.
The lineup offers innovative solutions for
manufacturers, builders and mining companies.
Portable Power’s products have played important
roles in the maintenance of world-famous
structures such as Mt. Rushmore, the Hoover
Dam, the Georges Dam and the Channel Tunnel.
Currently, Portable Power enjoys the top share of
the world market for air compressors.
Portable Power is responding to changing needs at
work sites by adding smaller, lighter models as well
as concrete equipment, truck-mounted equipment
and portable security systems.
Attachments
Through three outstanding brands – Montabert,
Tramac and Geith – Doosan now commands the
largest share of the global market when it comes
to attachments. The 50-year-old Montabert line
encompasses hydraulic rock breakers, demolition
attachments, pulverizers, rock drill attachments
and other machinery used in construction and
demolition. Hydraulic rock breakers, demolition
tools, vibration compactors and cutting heads are
sold under the Tramac brand, while Geith products
are attached to excavators, wheel loaders, track
loaders and backhoes for construction, excavation,
demolition and scrap iron recovery.
Doosan ADT
Doosan ADT has R&D and production operations
in Molde, Norway and Doosan ADT(formerly Moxy
Engineering)has an R&D center and production
facility in Molde, Norway. The company is
aggressively advancing into the global market by
leveraging original technologies for articulated
dump trucks (ADTs) ranging between 23 and 46
tons. The heavy-duty ADTs are essential equipment
in large-scale mine development projects and
construction projects on roughs terrain.
The acquisition of Moxy Engineering has elevated
the Doosan Infracore brand as an all-around
construction equipment maker. Doosan’s
technology and dealer network are now being
leveraged still more in an aggressive global sales
campaign.
25
Doosan Infracore
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Machine Tools
Our machine tool business group has expanded
rapidly in recent years. In fact, we are now striving
to become one the world’s top three metal-cutting
machine tool makers.
Our lineup encompasses turning centers, machining centers, numerically-controlled boring machines, electric discharge cutters, ultra-precision
nonspherical surface cutters, free-form surface
cutting machines and factory automation systems.
Turning centers and machining centers are the
main product lines for Doosan Infracore Machine
Tools, Moreover, the company’s cutting-edge
multifunction machining and turning center,
5-axis machining centers and ultra-high-speed
(50,000rpm) machining centers are attracting much
attention in the global marketplace.
Doosan Infracore developed its first turning center
model in 1980 and has continued to expand this
business ever since.
In 1997, we developed 28 models of turning
centers and machining centers. We have held
our own international machine tool exhibition
biannually to display many of our new products,
further enhancing our standing as a world-class
machine tool company.
Our focus is on ensuring unrivalled product
functions and reliability, expanding our heavy-duty
and high-precision machine tool lines, and
bolstering our system engineering competencies.
These efforts enabled us to achieve a world record
in monthly orders in April 2011, and our sales for
the year reached a new high. Our market share is
number one in the U.K. and Italy, and we now claim
the sixth largest global market share.
Also in 2011, we hosted a highly successful 8th
Doosan International Machine tools Fair (DIMF), an
in-house event. Our brand recognition and stature
were also raised by our participation in EMO
Hannover 2011 and the 12th China International
Machine Tool Show (CIMT), which are among the
leading international trade fairs for the machine
tool industry. Importantly, we displayed 65 new
models at DIMF, focusing primarily on the heavyduty and high-end segments. Our introduction of
the latest platform and elemental technologies
in the “Technical Zone” at the Fair also helped
to promote the reliability of our machine tool
products and demonstrate our technical prowess
as a global machine tools maker.
Engines
Doosan Infracore started making diesel engines in
1958. Since then, we have leveraged our R&D
capabilities and production technology to remain
as the industry leader in Korea.
We completed a large-scale plant for massproducing diesel engines in 1975. Ten years later,
we develoed a diesel engine model with our own
technology, thereby strengthening our front-running
position in the industry.
The Engines & Materials BG operates facilities for
engine assembly, materials production, and parts
machining. The product portfolio includes a diverse
range of diesel and gas engines for use in commercial vehicles, construction equipment, generators,
ships and military hardware.
We completed development of a low-emission
diesel engine model in 1995, followed by a CNG
engine for commercial vehicles in 1998. Our R&D
successes in the 2000s include a low-pressure LNG
engines for power plants, common-rail diesel
engines, Euro 5-compliant diesel engines and tier
4-interim diesel engines for construction equipment. We currently have the capacity to produce
72,000 diesel engines a year. Production of a
1500hp engine for battle tanks is scheduled to
start in 2013, and the application of the ultraheavy-duty model will be subsequently extended to
power generation.
Meanwhile, some of the world’s strictest environmental standards are to be found in California, and
our compressed natural gas (CNG) engines have
been granted the US10 certification. In 2008, we
established plant in the US that is now supplying
CNG engines to the Los Angeles County Metropolitan Transportation Authority for use on buses.
Meanwhile, we established a diesel engine joint
venture with Xuzhou Construction Machinery in
China in 2009 and completed a plant capable of
turning out 50,000 diesel engines a year in Suzhou,
Jaingsu Province. Production of mid-sized (6- and
8-liter) engines for construction machinery begins
in 2012, and output will be expanded to include
models for commercial vehicles.
27
Doosan Engineering & Construction
Beginning a Brighter World
About Doosan
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A 50-year Tradition
Doosan Engineering & Construction (E&C) was
established in 1960 and has subsequently advanced
in step with the history of Korea’s construction
industry.
New Challenges, Changes at Doosan E&C
We have leveraged a wealth of know-how and
outstanding technology to execute diverse projects
inside and outside Korea, laying the groundwork
for social and economic advancement for half a
century. Our flagship businesses of civil engineering,
building construction and plant construction have
been bolstered through change and innovation.
Meanwhile in 2010, our merger with Doosan
Mecatec has allowed us to expand into the
fabrication of Chemical Process Equipment(CPE)
that will allow us to surge forward as a world-class
builder of infrastructure and plants.
Infra Solutions Provider
Doosan E&C has built the most kilometers of highspeed rail track of any Korean construction company.
We participated in the planning, construction and
operation of the New Bundang Line, Korea’s first
privately-funded electric rail service, solidifying
our position in this industry segment. In the CPE
segment, our two factories at Changwon Korea have
been augmented by the establishment of Doosan
Vina in Vietnam in cooperation with Doosan Heavy
Industries & Construction. This overseas operation
serves to strengthen our global competitiveness.
Furthermore, we acquired KEPIC certification, and
nuclear power N stamp certification, and now
are preparing to take part in nuclear power plant
construction projects inside and outside Korea. We
also advanced into the new business of constructing
subsea plant structures and facilities, branding our
image as Technology Doosan to the world customers.
These developments demonstrate our exceptional
technologies on the world stage and reinforce
Doosan’s reputation for superior technology. Over
the mid-to-long term, Doosan E&C will emerge as a
global player that provides total solutions related to
infrastructure.
Beginning a Brighter World
Doosan E&C faithfully fulfills corporate social
responsibilities, which became increasingly important
duty to any business operation. We are enhancing
transparency in every aspect of our business, from
purchase, to sales, fabrication and construction, and
promote win-win partnerships with our suppliers,
conducting through fair trade based on mutual trust.
We maintain various CSR programs that include
Habitat, the environment protection campaign, and
our employees donate a portion of their salaries to
help needy people become self-reliant and grow.
Business Portfolio
Civil Works
Road, Highway, Railway, Subway, Tunnel, Port, Airport, Reclamation
Plant
Chemical engineering/petrochemical
plants, industrial plants, energy
plants, environmental plants
Building
Works
Residential Facility, Commercial Facility, Remodeling,
Mixed Use High-Rise Building
CPE (Chemical
Tower, Column, Reactor, Pressure Vessel, Heat Exchanger,
Module
Process Equipment)
Steel structures, modular plants for
onshore & offshore, Subsea facilities
OSS
* OSS : Offshore Structure and Subsea
3,613.6
2,825.3 2,783.3
2,310.3
1,798.0
’07
1,939.9
’08
’09
’10*
’11**
’15E
* Including the sales of Doosan Mecatec(Jan.~Oct.),
merged in 2010
2015 Order target
W
3.3
trillion
29
Doosan Engineering & Construction
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Civil Works
Doosan E&C is capable of performing all aspects
of civil works projects, from engineering and
construction to maintenance and management.
The project portfolio includes high-speed railways,
subways, roads, bridges, land preparation, land
reclamation, and ports. We have laid more highspeed rail track in Korea than any other builder,
and we applied the nation’s largest diameter
shield construction method when building Section
909 of Seoul Metropolitan Subway Line 9.
Privately-funded infrastructure (PFI) projects
represent another main business area, where our
wealth of experience, coupled with exceptional
engineering, project planning and project execution
capabilities provide us with the strongest position
in Korea. Doosan E&C was involved in building
the New Bundang rail line, the first privately funded
project of its kind in the Greater Seoul Area.
Other PFI projects of note include Section 5 of the
Gangnam Beltway and the expressway upgrade
of the road between West Suwon and Euiwang.
Construction of such infrastructure is helpful to
preserving the environment and to enrich the future
life for everyone.
Plant
Doosan Engineering & Construction (E&C) sustains
both organic and inorganic growth every year as
a globally competent market player in the plant
engineering business. Providing plant engineering
services of all types, which include chemical
engineering, energy, industrial and environmental
plants, Doosan is proud to play a part in bringing
nature, people, and corporations together so that
they can grow in a sustainable way together.
Our most notable EPC projects include lowtemperature liquefied gas storage tanks,
terminals and gas processing plants in the
Middle East, Southeast Asia and Africa. Building
on our experiences from these projects, we are
increasing our backlog and EPC capabilities.
Today, after having entering into a community
energy supply system (CES) project, we have been
able to fully display our technological prowess in
the renewable energy business.
Building Works
Chemical Process Equipment
Architecture is an art form. Without the support of
construction technology, architectural masterpieces
would not be possible. Doosan E&C applies
advanced technological prowess coupled with
superb creativity and aesthetic sensibility to create
spaces of great artistic value. At the same time our
unique styling puts the finishing touches on spaces
that beautify the world around them.
Doosan E&C leads the world in new orders
received for large and ultra-large chemical process
equipment (CPE). From our well-located and cutting
edge fabrication factories in Korea and Vietnam,
we provide customized reactors, large towers &
columns, heat exchangers and pressure vessels.
Doosan E&C became the first Korean company to
be qualified as a heavy wall reactor fablication for
Chevron, one of the world’s largest oil refiners.
The ‘Doosan We’ve’ apartment brand is setting new
trends in modern living, and our rising brand power
provides us with outstanding competitiveness
in apartment redevelopment and reconstruction
projects. We have built massive residential and commercial structures in Korea’s capital region as well as
in Busan, Taegu and other major provincial cities.
Noteworthy among recently completed projects
is Doosan We’ve the Zenith, an 80-story high-rise
residential building that towers 300 meters near
Haeundae Beach in Busan. The landmark structure
has served to elevate the stature of Doosan Heavy
Industries & Construction.
OSS(Offshore Structures and Subsea)
Based on its wide fabrication experiences and
technologies for ultra large structures including
steel bridges, stackers/reclaimers, Doosan E&C has
end-to-end capabilities in various steel structures
and modular plant area in offshore and onshore
field. Doosan E&C are now seeking sustained
growth and innovation through entry into subsea
structures and facilities area as well.
31
Doosan Engine
Becoming the world’s foremost engine maker
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Total Global Engine Maker
Doosan Engine is ranked among the world’s top
makers of large low speed and medium speed
marine diesel engines. We also build and maintain
internal combustion power plants that use diesel
engines. Our annual output capacity stands as the
global leader of 14 million bhp and we have grown
to rank the second in the world market for large
marine engines.
A Leader of the Marine Diesel Engine Industry
We have established a leadership position within the
industry by exceeding accumulated production of 80
million bhp in the shortest time in the world since we
first built engines totaling 200,000 bhp in 1984. Our
mainstay business is low and medium speed marine
diesel engines for large vessels. In addition, we also
build the main propulsion engines and shipboard
generator engines for large vessels or special ships.
Our engine portfolio ranges from 700 to 116,000 bhp.
Specialized Factories and Efficient Production
System
Doosan Engine now has a low speed engine
production capacity of 12 million bhp per year and
has established an efficient production system with
factories that specialize in specific engine sizes.
Furthermore, with the completion of a new factory
dedicated to medium speed engines, Doosan
Engine boasts the industry’s first mass production
system by continuous process. The factory is capable
of producing up to one thousand flawless medium
speed engines a year for a total annual output of 2
million bhp by establishing a “fool-proof ” system
that guarantees quality along with the production.
We are now equipped to satisfy a complete range of
customer needs and be a key player in the ongoing
advancement of the marine engine industry.
Our own technological roadmap calls for us to
deepen and further advance core technologies to
become a leader at upgrading engine design and
reduce design costs for greater competitiveness.
To Be the No.1 Engine Maker in the World
Doosan Engine is firmly committed to the goal of
becoming the world’s No. 1 engine maker.
We have implemented a meticulous quality
management system to ensure that our engines
and services are the best available. We also
continue to devise innovation activities such as the
3 Zeroes (zero defects, zero complaints and zero
claims) and 3C Plus (clean factory, clean mindset
and clean engine). Our Single PPM program
promotes as well as rewards excellence for our
suppliers, who are recognized for superior quality
competitiveness around the world.
Business Portfolio
Low Speed Diesel Engines
Medium Speed Diesel Engines
Diesel Power Plants
Parts Sales Technical Service
2,810.0
2,005.3
1,734.8
1,772.6
1,831.8
1,222.0
’07
’08
’09
’10*
’11*
’15E
World’s market share for
marine engines
2
No.
33
Doosan Capital / Neoplux
Providing trusted financial services
About Doosan
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Doosan Capital
Neoplux
Doosan Capital was founded in 1995 and
has provided a suite of financial services that
includes installment loans and leasing. We are
acknowledged as the market leader in equipment
financing and leasing in Korea.
Neoplux offers direct investment and related
services as an investment firm specializing in
venture capital, corporate restructuring and
operations consulting. In 2002, we organized
Korea’s first secondary fund, the Pre-KOSDAQ
Secondary Investment Partnership, which
primarily invests in stocks held by venture
capitalists. We now operate funds totaling some
W800 billion on behalf of institutional investors.
Trustworthy Global Financial Partner
Doosan China Financial Leasing Corp., a local
subsidiary of Doosan Capital, was established
to reinforce equipment financing and support
the Doosan Group’s ISB business in the Chinese
market. Our company will expand into new areas
such as North America, South America, Europe
that will lay the groundwork for Doosan Capital to
become a global financial company.
Doosan Capital is strengthening its position in
Korea’s equipment financing segment in order
to emerge as a global credit services provider.
Resources are being acquired and allocated toward
the global captive business.
Also our company plans to enhance risk
management, sales, and marketing capabilities
and secure the funding capacity to support global
operations and cope with market volatility.
A Partner for Elevating Corporate Value
We also offer optimal solutions to corporations
and investors that need incubation funds for
startups and buyout funds for distressed
medium-sized companies with excellent
turnaround potential.
Our consulting unit offers systematic and
professional services to help clients elevate
operations to a world-class level.
Current corporate bond rating of
Doosan Capital
A2+
35
Holding Company
and Others
Holding Company and Others
Enhancing corporate value through
advanced corporate governance
About Doosan
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In 2009, Doosan transitioned to a holding company
system to establish a more transparent and
advanced corporate governance system. After
three years of preparatory restructuring and cyclical
investment resolution, the Group has established
a sustainable management system that is up to
global standards.
Doosan Corporation operates both as a holding
company that earns brand royalties and dividends
and a business entity that can independently
generate income.
As a holding company, Doosan Corporation
has participated in mergers and acquisitions to
secure new revenue sources as well as bolster the
competitiveness of existing business lines.
In 2009, our financial structure received an
additional boost through the sale of our liquor
business and the acquisition of Doosan Mottrol
(formerly Tongmyung Mottrol).
In addition, we established DIP Holdings in 2009
and acquired as subsidiaries Doosan DST,
a defense company and SRS Korea, a leading fast
food restaurant/concession company.
The electro-materials unit produces and supplies
top-quality copper clad laminate (CCL) worldwide.
This is an essential material for printed circuit
boards used in digital devices and electronics.
Ergonomics Society of Korea’s Ergonomic Design
Awards for its next-generation counterbalance
truck.
Doosan has also gained a strong reputation
outside the infrastructure support business (ISB).
In the service sector, Doosan has remained
close to customers through Oricom, Korea’s
foremost specialist in brand management;
Doosan Magazine, Korea’s leading publisher
of trendsetting magazines; Doosan Dong-A,
value creator with top educational and cultural
contents; Doosan Tower, more than 520 fashion
shops at a single location; the convenient, ecofriendly Ladena Resort with enhanced accessibility
thanks to the new Seoul-Chuncheon Expressway;
and Doosan Bears, which always brings fun and
excitement to sports fans.
4,215.0
1,881.2
1,930.1
1,736.3
1,405.8
Doosan Corporation Mottrol has a number of
competitive, world-class technologies in the
field of special devices like travel devices, swing
devices and hydraulic pumps for heavy machinery
used in construction.
A world-renowned manufacturer of engine/
electric counterbalance trucks, Doosan Industrial
Vehicle was awarded the grand prize at the
1,218.1
’07
’08
’09
’10*
’11*
’15E
39
Doosan Corporation
Operating as both a holding company
and a business
About Doosan
Electro-Materials
Dominant Leader in Electronic Parts
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Doosan supplies top-quality copper clad laminate
(CCL), an essential material for printed circuit
boards, worldwide. Our product lines include epoxybased CCL (for PCBs in high-performance electronics
such as computers, LCDs, mobile phones, digital
communications and handsets), and phenolbased CCL (for PCBs in TVs, VCRs, audio players,
refrigerators, washing machines, CD-ROM drives
and DVD-ROM drives).
Our customers include Samsung and LG in Korea
as well as Sony, Hitachi, Toshiba, IBM, Philips,
AT&T, Thompson and Siemens outside Korea.
Our domestic plants and research operations are
located at Jeungpyeong, Gimcheon, Iksan, and
Yongin. Our overseas network includes a plant in
the Jiangsu region of China as well as subsidiaries
or branches in Hong Kong, Singapore, China, Japan,
and Taiwan.
Doosan’s CCL products are recognized worldwide
for superior quality and have certifications that
include KS (Korea), UL (the US), BSI (the UK), CSA
(Canada), VDE (Germany), JET (Japan), ISO 9001 and
ISO 14001.
Our extensive technology and expertise in the
CCL business have been applied to diversify into
flexible CCL, metal CCL, organic light emitting
diodes (OLED). Demand for CCL is now being driven
by the growth in the world markets for mobile
phones, computers and advanced network. We are
committed to meeting this new demand with topquality products.
Mottrol
and investment has been completed in a largescale facility.
We have established a system for producing 30,000
traveling motors, swing motors, main pumps, main
control valves (MCVs), and other parts for hydraulic
equipment per month. Mottrol’s quality and environment management systems have received certification for ISO 9001, KSD 0050-9000 (Korean defense
industry quality control standard) and ISO 14001.
In addition, we applied our power-train system
technology to develop our own gearbox, a key
component for wind power generation systems.
Commercialization is now underway.
Globally-recognized Parts Maker
Our ongoing R&D effort has resulted in the localized
production of hydraulic equipment and our traveling
motors for excavators were named a “World Best
Product” by the Korean Ministry of Commerce,
Industry and Energy in 2006.
Sales in 2011 totaled KRW 508.2 billion, up 26%
year on year, while operating profit amounted to
70.6 billion, a 10% improvement over 2010. In
2012, we will expand our presence in China’s local
maker segment and open a new R&D center. Our
goal is to achieve annual sales of KRW 1.3 trillion
by 2016 and emerge as one of the world’s top-tier
makers of hydraulic parts and equipment.
In 2011, Doosan Mottrol Jiangyin(DMJC) was
established in China to expand our output capacity,
41
Doosan Corporation
About Doosan
Glonet
116 Years of Trading Experience
Our Infrastructure
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Financial Review
Doosan started out in 1896 and has remained
in trading for 116 years. The trading arm was
renamed Glonet in 2007 and the portfolio was
restructured to include logistics, heavy equipment
rentals and biotechnology.
We have the specialized people and infrastructure
for offering domestic overland shipping as well
as international marine shipping services. We
are also working to initiate a new business of the
construction equipment leasing to diversify our
revenue sources and enhance the profitability.
Heavy equipment rentals involve heavy equipment
and operators to overseas plant construction and
engineering projects.
Our biotechnology unit develops new materials
for pharmaceuticals, health foods and
specialpurpose cosmetics, as well as natural
plant growth regulators. We are exploring major
markets such as China and India to sell our
medical fat emulsifier (PL95), which was selected
as a nextgeneration top-grade product by the
Ministry of Knowledge and Economy in December
2008.
High growth will be maintained by enhancing
the competitiveness of core businesses and
constantly developing high value-added business
lines and new products. We will leverage the
optimal business portfolio to become one of
the world’s top service companies, providing
differentiated value to customers.
Information & Communications
Total IT Service Provider for Doosan
The Information & Communications (I&C)
business unit of Doosan Corp. provides complete
services for Doosan operations worldwide,
including IT consulting, system integration, and
application & IT infrastructure operations and IT
infrastructure management service.
I&C focuses on promoting the success of core
Group operations and performing its role as an
integrated manager of IT supply to Doosan Group
to effectively support the affiliates with their rapidly
growing businesses. To this end, we strive to
acquire world-class competencies, while
maximizing intra-Group synergy through our
integrated IT operation inside and outside Korea.
The Information & Communications BU introduced
an advanced cloud computing service that relieves
Doosan affiliates of their IT investment burden. In
addition, the ERP system installation and expansion continued at Doosan Infracore, Doosan Engine
and Doosan Corporation to support their success
inside and outside Korea.
Importantly, we have been establishing three
global bridgeheads with local offices in the US,
China and Europe in order to enhance the IT service
support delivered to the overseas units of Doosan
Group affiliates.
Going forward, we will work to maximize customer
value, which in turn will raise the competitiveness
of Doosan affiliates’ global operations. In the process, we will grow as a world-class supplier of
integrated IT services.
43
DIP Holdings
Improving corporate value and capabilities
through efficient investment
About Doosan
Doosan Industrial Vehicle
High-performance Logistics Equipment Maker
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Doosan Industrial Vehicles is Korea’s leading
logistics equipment maker. We started to produce
the nation’s first forklifts in 1968 and have
since grown into a global player with production
facilities in Korea, Germany and China, and sales
subsidiaries in the US, Belgium and the UK. We
are now exporting forklifts to over 100 countries.
Notably, we have secured unrivalled leadership
in the domestic market with a market share of
around 50 percent.
We place the highest importance on customer
satisfaction and top-tier quality. We have
established a quality control system that has
received ISO 9001 certification for rigorous quality
control and used this system to build a quality
assurance infrastructure and help our partners
produce higher quality parts.
As a result, all of our workplaces and partners both
at home and abroad received ISO 9001 certification.
Also, we are committed to improving the design
capabilities of our research and development staff
and developing pioneering technologies to deliver
reliable and excellent quality to our customers.
Thanks to these efforts, we won the “Ergonomic
Design Grand Prize” for excellence in driving comfort
of our forklifts in 2005, and the “Red Dot Award”, one
of the world’s most prestigious design awards and
the “iF Product Design Award”, one of the world’s
three major industrial design awards, for our concept
forklift in 2011. These achievements signify that we
are globally recognized for superior quality.
We are aiming to rank among the top 5 in the
global logistics equipment industry. To make
this happen, we are innovating our operations
continuously, striving to develop environmentallyfriendly technologies ahead of the competition,
and expanding our aftermarket business.
Doosan DST
Defense Specialist with Global Competitiveness
Doosan Defense Systems & Technology (Doosan
DST) obtained government permission to participate in the defense industry in 1973 and has
played an important role in improving Korea’s selfdefense posture by developing and producing
an impressive integrations of high-precision and
high-tech weapon systems. These include armored fighting vehicles, such as the K200 model,
the surface-to-air guided weapon systems Biho
(“Flying Tiger”) and Chunma (“Pegasus”), and the
K21 armored fighting vehicle.
Doosan DST’s technology is gaining recognition
internationally as well. Since the first export of K200
armored fighting vehicles to Malaysia in 1993, we
exported Barracuda (4x4) armored wheeled vehicles
to Indonesia in 2004. In 2009, we made a contract
to export the Blackfox (6x6 armored wheeled ve-
hicles with a 90mm gun turret) to Indonesia and the
vehicles are now in production. Doosan DST aims to
remain on the forefront of the future defense industry
by leveraging our excellent technology and executing
differentiated export strategies.
SRS Korea
A Major Food Service Provider
SRS Korea is a major force in Korea’s restaurant
industry with globally recognized brands and
stellar management. Our customers enjoy
convenient food and friendly service in clean and
comfortable dining environments. SRS Korea runs
145 Kentucky Fried Chicken restaurants and 118
Burger King franchise outlets in Korea. We also
engage in the concession business, with food and
beverage outlets at Incheon International Airport.
In 2012, we launched a Korean food ingredient
business to create synergy with our existing businesses and strengthen our growth engines.
45
Doosan Bears
Korea’s Favorite Professional Baseball Club
The Doosan Bears team was crowned the Korean baseball
champion in the first season of the professional baseball
league in 1982. The team won two more championship
titles in 1995 and 2001 and has steadily advanced to the
post-season, maintaining its reputation as an excellent
baseball team. In addition, Doosan Bears developed
an i-Phone application, opened a mobile homepage
for smart phones first as a baseball team and joined social
network service (SNS) for active communications with fans.
About Doosan
Doosan Dong-A
Our Infrastructure
Support Businesses
Value Creator with Top Educational and
Cultural Contents
Holding Company
and Others
Doosan Dong-A is the No.1 textbook publisher in
Korea, playing an important role in the advancement of
education by developing and distributing textbooks and
educational materials for preschool students; reference
books for elementary, middle and high-school students;
language learning texts; and dictionaries and various
digital educational contents. Thanks to ongoing R&D,
our printing business has gained a reputation among
domestic and overseas customers for high-quality books,
labels, packaging, efficient order handling and quick
turnaround times.
Corporate Social
Responsibility
Financial Review
Doosan Magazine
Korea’s Leading Publisher of Trendsetting
Magazines
Doosan Magazine has a license agreement with Conde
Nast Publications of the US to publish and distribute
premium magazines in Korea that feature distinctive
concepts and target-specific readerships. Our titles
include the Korean editions of Vogue , the fashion Bible;
GQ , the men’s lifestyle magazine; Vogue Girl , the No.
1 young fashion magazine; Allure, the beauty and
style magazine; W , the unique and intelligent fashion
magazine with oversize pages and stunning photography;
and Style.Com Korea , a portal providing information on
the latest global fashion trends. Each publication is the
leader in their respective market segments.
Doosan Tower
More than 520 Fashion Shops at a Single
Location
DOOTA (for “Doosan Tower”) is a ten-story fashion
shopping mall that is home to more than 520 retail
outlets. Here, consumers have access to a diverse and
unique product selection in a “one-stop” shopping
environment. The mall has grown into one of the
nation’s most popular shopping destinations, attracting
over 20 million domestic and overseas customers
annually. With continuous renovation, DOOTA has been
realizing top customer satisfaction as a highly sensitive,
high-quality fashion powerhouse by adding greater
convenience and an ambient shopping environment.
Doosan Feed & Livestock
Korea’s Leading Animal Feed Specialist
With acquired experience and technology over half a century,
Doosan Feed & Livestock produces more than 120 types
of livestock feeds. Equipped with a fully automated system
from the initial stage of material input to final production,
we have an annual output capacity of 400,000 tons. We
acquired the HACCP certification of the Ministry for Food,
Agriculture, Forestry and Fisheries in 2005, establishing
a safety management system for livestock products that
meets international standards. In addition, Doosan Feed
& Livestock makes strenuous efforts to lay groundwork
for achieving the No. 1 brand recognition and customer
satisfaction of Doosan brand, ‘ Baekdoo Feed.’, Doosan
Feed & Livestocks made an industry-academy cooperation
MOU with Chung-Ang University. At the same time, we are
developing top-quality feed products that undergo thorough
test breeding at both Chung-Ang University’s research farm
and Doosan Anmyeon-do farm.
Oricom
Korea’s Foremost Specialist in Brand Management
Oricom was established as Korea’s first comprehensive
advertising agency in 1967 and has orchestrated effective
PR campaigns for clients for over 40 years. Today we raise
the value of our clients’ brands through integrated marketing
communications services that encompass the four main
media (broadcast, newspapers, magazines and outdoor
advertising) as well as media planning, special promotions,
brand consulting and Internet marketing. We have assisted
numerous multinational companies in launching their
businesses in Korea. Celebrating 45th anniversary, Oricom
announced the spin-off of its divisions into 12 independent
entities. As a result, the independent operation of diverse
expert group will further enhance the specialty of each group
and create synergies among them, ultimately enhancing
Oricom’s competitiveness.
Doosan Cuvex
A New Standard for Luxury at Ladena Resort
Doosan Cuvex operates the Ladena Resort in Chuncheon
known as the city of lakes with a 22-year history.
The Ladena Resort consists of one of Korea’s most prominent
golf clubs and the Ladena Condominium. The name “Ladena,”
(from the words “lake,” “garden,” and “nature”) sums up
the beautiful setting provided to guests. The Ladena Golf
Club boasts top-tier field services and offers a breathtaking
lakeviews, lush gardens, and scenic trails. Doosan Cuvex
offers world-class services to ensure that guests have an
enjoyable and memorable experience.
47
Corporate Social
Responsibility
Sharing our commitment to the future and
building a sustainable society
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
Doosan has engaged in various community service
activities to fulfill corporate social responsibilities.
In 2010, dedicated CSR units were established
at Doosan Corp. and each Doosan affiliate to
enhance CSR specialization and systematization.
Unique programs continue to be developed under
the principle of cultivating talent and helping
people to become self-reliant.
Yonkang Foundation: The History of our CSR Effort
The Yonkang Foundation was established in 1978
in memory of Doosan’s Founding Chairman Too
Pyung Park (1910-1973). The Foundation practices
Chairman Park’s belief that “Education drives
national advancement.” In parallel to the CSR
activities, Yonkang Foundation supports various
academic and cultural programs that promote
understanding of Korean culture and the national
image on the world stage.
Doosan Art Center: Incubator of Culture & the Arts
The Doosan Art Center operates Yonkang Hall,
Space 111 (small theater) and Doosan Gallery
Seoul as well as Doosan Gallery New York and
Doosan Residency New York in Chelsea. The Center
helps discover talented young artists in a variety of
art genres, including musical, drama, and the fine
arts, through Incubating Artist Program, Doosan
Residency Program and Doosan Artist Award.
Domestic & Overseas CSR Programs by Doosan
Companies
Each Doosan affiliate engages in regular CSR
activities in close cooperation with local
organizations and helps local communities
advance in the countries where they do business.
Each company organizes a volunteer group,
establishes programs for volunteer activities such
as a salary deductions for charity and matching
grants. Dedicated CSR departments develop and
operate tailored volunteer programs for needy
people in local communities.
The “Tea of Appreciation” campaign, an initiative
started in 1991, has delivered instant coffee and
tea to military units near the border with North
Korea to boost the morale of the soldiers. Other
programs include building homes for homeless
people, cleaning up local attractions and donating
books to local elementary schools that have
established “sisterhood” ties with Doosan.
In 2009, we started to provide volunteer medical
service in Vietnam in cooperation with Chung-Ang
University Medical Center. Our people also helped
with the relief effort after earthquakes struck
Qinghai, China.
Major CSR Programs
Scholarships
Yonkang Scholarship
Doosan Scholarship for Teenagers in Need
Scholarship for Students in Areas Affected by Natural Disasters
Chinese Studies Research Scholarship
Scholarship for Departments of Korean Studies in Foreign Universities
Doosan Sports Dream-Tree Scholarship
Scholarship for Multi-cultural Households
Scholarship for Students in Areas Affected by Natural Disasters
Academic research support
Yonkang Environment Research Fund
Science Research Fund
Yonkang Academic Award
Education
Overseas Observation Tours for Teachers
After-school Programs
The book donation program
Culture
Incubating Artist Program
Doosan Residency New York
Overseas Trip Support for Artists
Doosan Artist Award
Employee Participation
Doosan Volunteers Activities
51
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
Participation in the Management of CAU
Foundation
competent global talent through successful
management of the CAU Foundation.
Doosan has remained involved in nurturing
competent future talent. As part of this effort,
we began to participate in the management of
Chung-Ang University (CAU) Foundation in 2008.
This endeavor is separate from the Yonkang
Foundation, which sponsors scholarship programs.
Chung-Ang University (CAU): A Proud Institution
with a 94-year Tradition
The CAU 2018+ Plan was established in advance of
the university’s 100th anniversary in 2018 with the
stated goals of becoming a “world-class institution
of knowledge generation and higher learning”
and a “world-renowned university that students
from around the world want to attend.” Doosan is
supporting this plan to realize the vision of CAU as a
leader in educational innovation and development.
We will also contribute our part in national and
social development by fostering young and
Founded in 1918 as Chung-Ang Kindergarten,
Chung-Ang University has now grown into one of
the most prestigious universities in Korea. During
its 94-year history, CAU has graduated 152,187
BA holders, 30,693 MA holders and 4,500 Ph.D
holders.
CAU was reorganized from 18 colleges with
77 departments to 10 colleges with 47
departments to elevate educational efficiency
and research performance. The university also
introduced five vice president positions to head
each of the five faculties (Humanities & Social
Sciences, Natural Sciences & Engineering,
Business & Economics, Medicine & Pharmacy,
and Arts & Sports Sciences). The vice presidents
are granted the autonomy to run their academic
faculty according to its specific needs.
In 2011, the Department of Nursing and the Red
Cross College of Nursing were merged to form the
current College of Nursing, the largest of its kind
in Korea. Also, CAU has integrated the functions
of the Seoul campus and Anseong campus under
a single system and is planning to create new
campuses in Hanam, Gyeonggi-do and Geomdan,
Incheon Metropolitan City with the vision of
becoming a globally renowned university.
A multi-campus system is now considered
essential for CAU to be a leader in the global
age, so new campuses are being established in
Hanam, Gyeonggi Province (east of Seoul) and
Geomdan, Incheon (west of Seoul). This expansion
will significantly elevate CAU’s competitiveness
while improving university management and
campus life.
The prestigious 94-year-old institution has
acquired the top-class certification in the
comprehensive university evaluation and has
graduated many important opinion leaders in
Korea over the years. CAU is ranked among Korea’s
top 10 in the number of graduates who passed
the national bar and CPA exams, and ranks first
for passing the custom’s house broker exam.
The graduate schools of Law, Business
Administration and Medicine have been strong in
Korea traditionally, along with the School of
Pharmacy, School of Business Administration,
School of Mass Communication and Department
of Advertising and Public Relations. Furthermore,
CAU has built close relationships with 300
renowned universities around the globe to offer
international exchange programs.
53
About Doosan
Support for Nurturing Future Talent
Our Infrastructure
Support Businesses
Doosan believes that education is the key
to developing individuals, corporations and
nations and we have been an active supporter of
academic research and education.
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
Korean Studies in Foreign Universities. The diverse
academic research support and scholarship
programs of the Doosan Group will continue to
contribute to advancing our academic knowledge
and nurturing future talent.
Overseas Educational Programs Growing Hope
Since 1979, our organization has donated W6.2
billion for scientific research, particularly in
the environmental and medical fields. Another
W13.6 billion has been provided for our annual
scholarship programs. Each year, the Yonkang
Scholarship program pays all the tuition and other
school-related fees for recipients chosen among
university and high school students on the basis of
merit. Other scholarship programs include Doosan
Scholarship for Teenagers in Need, Doosan Sports
Dream-Tree Scholarship, Scholarship for Multicultural Households, Chinese Studies Research
Scholarship, and Scholarship for Departments of
In 2001, Doosan funded the establishment of
the Bajiao Elementary School in the Economic &
Technological Zone of Yantai, China. With that as
a start, we have participated in Project Hope, a
program that is stretching across China
to eradicate illiteracy and offer children in
economically disadvantaged districts a new hope
for the future. Through Project Hope, we had
completed 27 elementary schools as of 2009 and
have been constructing three more elementary
schools since 2010. As such, the Doosan Group
strives to fulfill our responsibilities as a corporate
citizen and obligations to the communities where
we operate.
employees. Going forward, we will continuously
implement this EHS philosophy worldwide.
Environment, Health & Safety
International Culture Exchanges to Bring the
World Closer Together
Doosan fulfills corporate social responsibilities
with a firmly rooted commitment to environmental
protection as well as to the health and safety
of employees. We know that all employees and
those of partner companies have the basic right
to work in a safe and healthy environment and
that this is a principle that cannot be easily
compromised. Therefore, all Doosan work sites are
under a strict EHS management system and abide
by all related laws and regulations. We believe
that making EHS the highest priority will ultimately
elevate corporate value. Doosan strives to
develop products and technologies that are highly
energy efficient and thus can meet our green
growth objectives and enhance the health of the
Doosan is committed to learning about the
history, people, language and culture of wherever
our companies conduct business. We also want
to provide opportunities for others to learn about
Korea and Doosan. In 1988, we funded the
establishment of a Korean Studies program at the
University of Auckland in New Zealand. Since then,
we have supported Korean Studies programs at
Washington University, University of Hawaii (US),
and University of Barcelona (Spain).
We also continuously support Korean Studies
departments at major universities in China, India,
Vietnam Romania and Turkey.
55
Financial Review
Summary Financial Review
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Corporate Social
Responsibility
Financial Review
The performance of Doosan has increased
remarkably since the beginning of the new
millennium. Total sales skyrocketed, from
W3.4 trillion in 2000 to W26.3 trillion in 2011,
while operating profit increased from W300 billion
in 2000 to W1.7 trillion in 2011. The financial
structure has become stronger with the debttoequity ratio dropping from 771% in 1996 to
212% in 2011.
This review will provide an understanding and
analysis of the Doosan fiscal results for the
year 2011. Our operations are focused on the
infrastructure support businesses (ISB) and
more than 90% of our sales are made in that
sector. ISB sales are quite sensitive to general
economic circumstances. A number of factors
beyond expected corporate competition can affect
our short term operating results. These include
exchange rate fluctuations, the loss or expiration
of technology licenses, costs associated with
new technology development and the timing of
technology launches and the adverse effects of
tougher regulations.
R&D success is a major factor affecting our long
term success. Like other leading ISB players, we
devote substantial resources to R&D with benefits
that emerge over the long term.
Many of our companies grew rapidly in 2011
amid these dynamic changes. Here are just a few
highlights of the successes for the year:
Doosan Heavy Industries & Construction
. R eached a 10-trillion-won mark in newly booked
orders for two consecutive years
. A chieved the largest-ever sales of KRW 8,495.5
billion.
.W
on the contract (bulk order) for a large thermal
power plant in India
. P roducts, including nuclear reactors, oil boilers
and rotor shafts for power generation, were
selected as industry-leading products.
.W
on Korea’s first WINDS3000
TM
DEWI-OCC
certification for 3MW-level sea wind power system
Doosan Infracore
. Record-high
sales for two consecutive years: KRW
8,463.1 billion
. Highest
production volume of construction machinery
in the Asia-Pacific/Europe region: 1,861 units
. Highest
sales volume for machinery tools, up 44%
year-on-year: KRW 1,264.3 billion
. Largest
market share in the UK, Italy and Brazil, and
the world’s 5th largest market share: machinery tools
. Completion
of the Suzhou plant, the second
production base for construction machinery that
included small excavators
Doosan Engine
. D iesel Engine Global Leader
2nd in the world low speed engine market
Doosan’s global competitiveness was
strengthened in the difficult business year of
2011. The mainstay units performed very well
and the major product lines saw an increase in the
global market share. Doosan Heavy Industries &
Construction recorded the top and second largest
share in the global markets of desalination
plants and heat recovery steam generator (HRSG)
respectively, firmly establishing itself as the
frontrunner in the global market for power and
desalination plants. Doosan Infracore has drawn
attention as a new leader in the global heavy
machinery market.
We have bolstered the R&D program, secured
proprietary technologies through acquisitions that
provide Doosan with greater competitiveness, and
are more customer focused than ever. We invested
W1.62 trillion last year, while building outstanding
business systems and programs for nurturing
talented individuals with global competencies.
Having met all our short-term goals of the past
several years, we are now focused on the future.
Our true strengths lie in our diverse business
portfolio as well as our ability to manage every
aspect of every business with imagination and
rigorous attention to detail. We know we can always
improve, shape our business plans even more
strategically, continue to give back while doing well
and continue to build upon the support and respect
of valued employees and customers.
The Road Ahead
Doosan is advancing steadily toward the goal of
joining the world’s Top 200 Companies by 2020.
Our focus on core technology development will
continue to provide a competitive edge and
allow us to transform our business to meet new
opportunities. Our unifying “2G Strategy” – the
growth of business through the growth of people
– will ensure that we grow to become the world’s
number one company in the infrastructure support
business (ISB).
We look forward to each milestone that measures
our success. At the same time, we will work
hard to develop quality products and services
that allow more people to enjoy the benefits of
electricity, potable water, construction machinery,
bridges, expressways, financing, advertising,
publishing, fashion and leisure.
The pulse of transformation is all around us.
Doosan sees the results in all our businesses, as
we continue to grow into an even more dynamic
and global company.
59
Financial Statement 2010
(millions dollars)
About Doosan
Our Infrastructure
Support Businesses
Holding Company
and Others
Description Companies
Total Assets
Listed
Doosan Corporation
Company
Doosan Heavy Industries &
Construction*
2,718 1,852
1,216
121
11,055 4,218
6,857
446
9,669
1,544
6,471
586
Doosan Engineering &
Construction
4,722
1,176 2,443
55
Doosan Engine*
1,937
306
1,584
240
88
37
78
5
2,321
144
193
-44
57
38
24
7
2,402 1,096 2,303
186
34,969 10,411
21,171
1,602
Corporate Social
Responsibility
Doosan Infracore*
Financial Review
Total Shareholder's
Equity
Sales
Operating
Income
Oricom
Non-Listed
Company
Doosan Capital*
Neoplux
Others**
Grand Total
Profit/loss figures are based on average F/X rate of KRW1,156.26/US$.
Financial position figures are based on year-end F/X rate of KRW1,138.90/US$.
*
The assets, shareholders' equity, sales and operating income of Doosan Heavy Industries & Construction, Doosan Infracore
(Excluding DII), Doosan Engine and Doosan Capital are on a consolidated basis including the results of overseas subsidiaries.
In Accordance with the Korean International Financial Reporting Standards (K-IFRS).
**Other companies include NeoTrans, DFMS, Doosan Dong-A, Doosan Bears, Doosan Feed & Livestock, Doosan Cuvex,
Doosan Tower, Doosan DST, RexCon, N-Shaper, SRS Korea.
Financial Statement 2011
(millions dollars)
Description Companies
Listed
Doosan Corporation
Company
Construction*
Operating
Income
1,706
1,742
176
11,783 4,159
7,667 514
10,148 1,981
7,637
640
Construction
4,412 1,098 2,511
-235
Doosan Engine*
1,778
498
1,809
253
86 40
94 8
2,433
214 226 14
Neoplux
50
45
32 11
Others**
2,669 1,254
2,006
117
36,114 10,996
23,725
1,498
Oricom
Non-Listed
Company
Total Shareholder's
Sales
Equity
2,756 Doosan Infracore*
Total Assets
Doosan Capital*
Grand Total
61
Profit/loss figures are based on average F/X rate of KRW1,108.11/US$.
Financial position figures are based on year-end F/X rate of KRW1,153.30/US$.
*
The assets, shareholders' equity, sales and operating income of Doosan Heavy Industries & Construction, Doosan Infracore
(Excluding DII), Doosan Engine and Doosan Capital are on a consolidated basis including the results of overseas subsidiaries.
**Other companies include NeoTrans, DFMS, Doosan Dong-A, Doosan Bears, Doosan Feed & Livestock, Doosan Cuvex,
Doosan Tower, Doosan DST, RexCon, N-Shaper, SRS Korea.
Domestic Network
Doosan Corporation
Doosan Tower 18-12
Euljiro 6-ga, Jung-gu, Seoul
Tel 82 2 3398 0114
Fax 82 2 3398 1135
www.doosan.com
Electro-Materials
Yonkang Bldg., 270
Yeonji-dong, Jongno-gu, Seoul
Tel 82 2 3670 8820
Fax 82 2 3670 8829
www.dse.co.kr
Mottrol
456-3 Nae-dong, Seongsan-gu
Changwon Gyeongsangnam-do
Tel 82 55 269 5114
Fax 82 55 269 5220
www.doosanmottrol.com
Glonet
Doosan Bldg., 105-7
Nonhyeon-dong
Gangnam-gu, Seoul
Tel 82 2 510 4700
Fax 82 2 510 4901
www.doosan.com/glonet
Information &
Communication
Yonkang Bldg., 2;70
Tel 82 2 3670 8500
Fax 82 2 3670 8555
www.doosan.com/ic
Construction Co., Ltd.
555, Gwigok-dong, Seongsan-gu
Changwon, Gyeongsangnam-do
Tel 82 55 278 6114
Fax 82 55 264 5551~2
www.doosanheavy.com
Doosan Infracore Co., Ltd.
7-11, Hwasu-dong
Dong-gu, Incheon
Tel 82 32 211 1114
Fax 82 32 211 1231
www.doosaninfracore.com
Doosan Bldg., 105-7
Nonhyeon-dong
Gangnam-gu, Seoul
Tel 82 2 510 3114
Fax 82 2 510 3836
www.doosanenc.com
www.weveapt.co.kr
Doosan Engine Co., Ltd.
69-3, Sinchon-dong, Seongsan-gu
Tel 82 55 260 6000
Fax 82 55 283 2233
www.doosanengine.com
Doosan Capital Co., Ltd.
4F Seoulsquare 541
Namdaemun-ro 5-ga, Jung-gu, Seoul
Tel 82 2 6456 1700
Fax 82 2 6456 1800
www.doosancapital.co.kr
Neoplux Co., Ltd.
Doosan Tower 18-12
Tel 82 2 3398 1070
Fax 82 2 3398 1071
www.neoplux.com
DIP Holdings
Doosan Industrial Vehicle Co., Ltd.
7-18, Hwasu-dong
Dong-gu, Incheon
Tel 82 32 211 5000
Fax 82 32 211 5010
www.doosan-iv.com
Doosan DST
30, Sungju-dong, Seongsan-gu
Tel 82 55 280 6114
Fax 82 55 280 6118
www.doosandst.co.kr
SRS Korea Co., Ltd.
Yonkang Bldg., 270
Tel 82 2 3670 8323
Fax 82 2 3670 8398
www.srs-korea.com
www.kfckorea.com
www.burgerking.co.kr
Doosan Bears Inc.
Doosan Cuvex Co., Ltd.
10, Jamsil 1-dong
Songpa-gu, Seoul
Tel 82 2 2240 1777
Fax 82 2 2240 1788
www.doosanbears.com
1007-1 Joungjok-ri, Sindong-myun
Chunchon, Gangwon-do
Tel 82 33 260 1114
Fax 82 33 263 6060
www.ladenaresort.com
Doosan Dong-A Co., Ltd.
DFMS
Yonkang Bldg., 270 Yeon-ji-dong,
Jongno-gu, Seoul
Tel 82 1644 0600
Fax 82 2 3670 5002
www.doosandonga.com
Doosan Magazine
105, Nonhyeon-dong
Gangnam-gu, Seoul
Tel 82 2 2007 6200
Fax 82 2 518 2881
www.dfms.co.kr
RexCon
Doosan Bldg., 105-7
Nonhyeon-dong
Gangnam-gu, Seoul
Tel 82 2 510 4500
Fax 82 2 510 4501
www.style.co.kr
www.vogue.co.kr
www.gqkorea.co.kr
www.voguegirl.co.kr
www.allurekorea.com
www.wkorea.com
2726 Bangbae-dong
Seocho-gu, Seoul
Tel 82 2 2182 7777
Fax 82 2 2182 7778
www.rexcon.co.kr
Doosan Tower Corporation
Yonkangwon(DLI)
Doosan Tower 18-12
Tel 82 2 3398 2386
Fax 82 2 3398 3028
www.doota.com
Doosan Feed & Livestock
Corporation
15-6 Samjeong-dong, Ojeong-gu
Bucheon, Gyeonggi-do
Tel 82 32 680 3114
Fax 82 32 681 0104
www.doosanfeed.com
Oricom Inc.
Doosan Bldg., 105-7
Nonhyeon-dong
Gangnam-gu, Seoul
Tel 82 2 510 4114
Fax 82 2 542 3966
www.oricom.com
Yonkang Foundation
Yonkang Bldg., 270
Tel 82 2 766 7771
Fax 82 2 745 9896
www.yonkang.org
52-2, Gil-dong, Gangdong-gu
Seoul
Tel 82 2 2041 3000
Fax 82 2 2041 3001
dli.doosan.com
Global Network
Doosan Corporation
Electro-Materials
CHANSHU
No.168 Hulian Rd.Tonggang Industrial
Park, Changshu Economic Development
Zone, Changshu City, Jiangsu Province,
China
Tel 86 512 8235 9859
Fax 86 512 8235 9106
HONG KONG
Doosan (H.K.) Ltd.
Suite 1210B Tower 2, China Hong Kong
City, 33 Canton Road, Tsimshatsui
Kowloon, Hong Kong
Tel 852 2815 2238
Fax 852 2815 0016
SHANGHAI
No.168 Hulian Rd.Tonggang Industrial
Park, Changshu Economic Development
Zone, Changshu City, Jiangsu Province,
China
Tel 86 512 8235 9102
Fax 86 512 8235 9946
SHENZHEN
Room 2212-2213, Chang Ping
Commercial Building, Hong Hua Road
99, Fu Tian Free Trade Zone,
Shen Zhen, China
Tel 86 755 8278 8201
Fax 86 755 8278 8955
SINGAPORE
Doosan Electro-Materials
Singapore Pte Ltd.
No.3 International Business
Park # 03-14
Nordic European Centre
Singapore 609927
Tel 65 6862 6327
Fax 65 6862 6329
TAIWAN Office
4Floor 2, No. 160, Lane 6, Minquan
Dong Rd. Neihu
Taipei City, Taiwan
Tel 886 2 2791 6160
Fax 886 2 2790 6450
TOKYO Branch
2403-A, Mita Kokusai Bldg, 1-4-28,
Mita, Minato-ku, Tokyo 108-0073,
Japan
Tel 81 3 3452 6261
Fax 81 3 3452 6267
Mottrol
Doosan Mottrol Jiangyin Co., Ltd. [DMJC]
No.1209, Binjiangxi road, New Material
Industrial Park, New Harbour City,
Jiangyin, Jiangsu Province, China 21444
Tel 86 510 8603 5260
Fax 86 510 8603 5259
Doosan Industrial Vehicle Co., Ltd.
Doosan Industrial Vehicle America
Corp.
2905 Shawnee Industrial Way NW,
Suwanee, GA 30024 USA
Tel 1 770 831 2200
Fax 1 770 831 2250
Doosan Industrial Vehicle America
Corp. (Cleveland)
4350 Renaissance Parkway, Warrensville
Heights, OH 44128 USA
Tel 1 216 595 1212
Fax 1 216 595 1214
[Pittsburgh Office]
C/O Westinghouse Electric Company
Suite 115C, 600 Cranberry Woods Drive,
Cranberry Township, PA 16066, USA
Tel 1 412 374 6071
Fax 1 724 720 0903
Doosan Industrial Vehicle UK Ltd.
Unit 12, Kilvey Road, Brackmills Industrial
Estate, Northampton NN47BQ UK
Tel 44 1604 825600
Fax 44 1604 825650
[Schenectady Office]
General Electric Building 33, Room
202A One River Road, Schenectady,
NY 12345, USA
Tel 1 518 385 5218
Fax 1 518 385 4984
Doosan Industrial Vehicle Europe N.V.
Europark Noord 36A 9100
Sint-Niklaas Belgium
Tel 32 3 760 1644
Fax 32 3 760 0989
Doosan Industrial Vehicle Europe (Germany)
Rolandstraße 5, 45128 Essen, Germany
Tel 49 201 507611-28
Fax 49 201 507611-39
Doosan Power Systems
[Atlanta Office]
1050 Crown Pointe Parkway
Suite 1200, Atlanta GA 303385, USA
Tel 1 770 551 5700
Fax 1 770 551 5753
[Sao Paulo Office]
7th Floor, Alameda Santos 787, Sao
paulo, 01419-001, Brazil
Doosan Industrial Vehicle Europe (France)
Tel 55 11 2348 0100
ZAC La Clef St. Pierre - Buroplus 21a av.
Jean d’Alembert 78990 Elancourt France
Doosan Enginering & Services Llc
Tel 33 1 3016 2151
5 Paragon Drive, Montvale,
Fax 33 1 3016 2155
NJ 07645, USA
Doosan Industrial Vehicle Europe (Italy)
43, Via Alighieri Dante, Lissone, MB
20035, Italy
Tel 39 39 245 7140
Fax 39 39 245 7257
Doosan Logistics Europe GmbH
Am Stieg 17, OT Freiwalde,
D-15910 Bersteland, Germany
Tel 49 35 474 2080
Fax 49 35 474 20815
Tel 1 201 746 8200
Fax 1 201 746 8210
Doosan Hydro Technology, Inc.
912 Chad Lane, Tampa, FL 33619, USA
Tel 1 813 805 8800
Fax 1 813 623 6092
- Branches
Santiago Office
Nueva Tajamar 481, Oficina 1103,
Las Condes, Santiago, Chile
Doosan Industrial Vehicle Yantai Co., Ltd. Tel 56 2 657 3333
Wuzhishan Road 28, Eco&Tech, Develop- Fax 56 2 657 3343
ment Area, Yantai Shandong, China
Tel 86 535 639 0550
Tampa Office
Fax 86 535 639 0559
Tel 1 813 805 8800
Beijing Branch
Fax 1 813 623 6666
No.1702, Tower 2, BoYa International
Center, No.1 Lizezhongyi Road, Chaoyang Tampa Water R&D Center
District, Beijing, 100102, China
Tel 86 010 8478 2638
Tel 1 813 805 8800
Fax 86 010 8478 2618
Fax 1 813 623 6666
Shanghai Office
Room J1,19,ZhaoFeng Universe
Building, 1800 ZhongShan W.Rd
ShangHai,200235 China
Tel 86 21 6440 0845
Fax 86 21 6440 0726
- Americas Subsidiaries
Dosan Heavy Industries America Corp.
10th Floor, Parker Plaza, 400 Kelby
Street, Fort Lee, NJ 07024, USA
Tel 1 201 944 4554 31, 24
Fax 1 201 944 5022
[Newington Office]
178 Shattuck Way, Newington,
NH 03801, USA
Tel 1 603 433 5507
Fax 1 603 433 1060
- Asia Subsidiaries
Doosan Heavy Industries Japan Corp.
2413 Mitakokusai Bldg. 1-4-28, Mita,
Minato-ku, Tokyo 108-0073, Japan
Tel 81 3 3452 5451~3
Fax 81 3 3452 5624
Vietnam Co., Ltd. (Doosan Vina)
Dung Quat Economic Zone,
Binh Thuan Commune Binh Son
District, Quangngai Province, Vietnam
Tel 84 55 3618 900
Fax 84 55 713 008
Vietnam Haipong Co., Ltd.
Km 92, National Highway 5, So Dau
Ward, Hong Bang District, Haiphong
City, Vietnam
Tel 84 31 371 2710
Fax 84 31 371 2714
Doosan Power Systems India Pvt. Ltd.
[New Delhi Main Office]
16th floor, DLF Square Building,
Jacaranda Marg, Near NH-8, DLF Phase-II
Gurgaon, Haryana 122 002, India
Tel 91 124 439 8200
Fax 91 124 414 7006
[New Delhi Marketing Office]
515-5th Floor, Times Tower,
M.G. Road(Opp. Central Mall),
Gurgaon, Haryana 122 002, India
Tel 91 124 665 3300
Fax 91 124 665 3345
[Mumbai Office]
501,5th floor, CNB Square Bldg.
Sangam Complex, Near Sangam
Cinema, Andheri-Kurla Road, Chakala,
Andheri(East), Mumbai 400 059, India
Tel 91 22 6177 0501
Fax 91 22 6177 0599
[Hydrabad Office]
119/ 1/F, White House, Block-3,
6-3-1192/1/1, Kundan Bag, Begumpet,
Hyderabad 500 016, India
Tel 91 40 6612 7071
Fax 91 40 6613 2447
[Kolkata Office]
226/1 A.J.C Bose Road, 5E Trinity
Building Kolkata 700 020, India
Tel 91 33 4003 3562~4
Fax 91 33 4003 3018
[Chennai Engineering Office]
5th Floor, Gee Gee Universal,
No.2, Mc. Nichols Road, Chetpet,
Chennai 600 031, India
Tel 91 44 2836 6930
Fax 91 44 2836 6936
Doosan Chennai Works Pvt. Ltd.
18/2A, Senneerkuppam, Bypass Road,
Poonamallee, Chennai 600 056, India
Tel 91 44 6645 5555
Fax 91 44 6645 5500~1
- Branches
Bangkok Office
10th Floor, M-Thai Tower,
All Seasons Place, 87 Wireless Road
Phatumwan, Bangkok 10330, Thailand
Tel 66 2 654 0690
Fax 66 2 654 0693
Beijing Office
19th Floor, Gateway Plaza, Tower B,
No. 18 Xiaguangli, North Road,
East Third Ring Chaoyang District,
Beijing 100027,China
Tel 86 10 8454 7122, 7136
Fax 86 10 8484 7139
Hanoi Office
#1101, Daeha Business Center, 360 Kim
Ma, Ba Dinh District, Hanoi, Vietnam
Tel 84 4 6273 0545
Fax 84 4 6273 0550
Jakarta Office
Plaza Bapindo, Mandiri Tower 20F, Jl Jend
Sudirman No 54-55, Jakarta, Indonesia
Tel 62 21 2995 0105
Fax 62 21 2995 0108
Shanghai Office
#809, Building A, Far East International
Plaza No. 319, Xian Xia Road, Chang
Ning District Shanghai 200051, China
Tel 86 21 5877 8696
Fax 86 21 5877 5938
Dubai Office
30th Floor, Monarch Office Tower,
Sheikh Zayed Road, P.O.Box 11859,
Dubai, U.A.E.
Tel 971 4 327 5545
Fax 971 4 327 5529
Taipei Office
#704, No.51, Keelung Road Section 2,
Taipei, Taiwan, R.O.C.
Tel 886 2 2739 2255
Fax 886 2 2739 2266
Dubai Water Dubai R&D Center
Dubai, UAE
Tel 971 4 327 5545
Fax 971 4 327 5596
- Europe Subsidiaries
Doosan Power Systems Ltd.
Doosan House, Crawley Business
Quarter, Manor Royal, Crawley, West
Sussex, RH10 9AD, UK
Tel 44 1293 61 2888
Fax 44 1293 58 4321
[Doosan Babcock]
Porterfield Road, Renfrew, PA4 8DJ, UK
Tel 44 141 886 4141
Fax 44 141 885 3338
[Škoda Power Ltd.]
Tylova 1/57, 301 28 Plzen, Czech
Tel 420 378 185 128
Fax 420 378 185 900
[Doosan Lentjes GmbH]
Daniel-Goldbach-Str. 19, 40880
Ratingen, Germany
Tel 49 2102 166 1111
Fax 49 2102 166 2111
Doosan IMGB
104 Berceni Road, Bucharest 4,
Romania
Tel 40 21 301 2500
Fax 40 21 301 2701
- Branches
Frankfurt Office
9th Floor, Arabella Center, Lyoner
Strasse 44-48
Frankfurt am Main 60528, Germany
Tel 49 69 69 5004 0
Fax 49 69 69 5004 10
- Middle East & Africa
- Branches
Abu Dhabi Office
# 508, Al Ghaith Tower, Hamdan Street,
P.O. Box 27767, Abu Dhabi, UAE
Tel 971 2 627 6273
Fax 971 2 627 6274
Cairo Office
2nd floor, Land Mark Building 1,
Southern 90th Road, Cairo, Egypt
Tel 20 2 2613 1038
Doha Office
#16 Abdulla Al Kuwari Building, C Ring
Road, Al Muntaza Area, Doha, Qatar
Tel 974 4443 5201
Fax 974 4443 5218
Kuwait Office
7B, Block 49, Plot 35, Laila
Commercial Tower, Salmiya, Kuwait
Tel 965 6001 3075
Fax 965 2575 2001
Middle East Operations Center
Dubai, UAE
Tel 971 4 327 5545
Fax 971 4 327 5592
Riyadh Office
# 205~207, The Plaza Building (Akariya
No. 4), Olaya Street, P.O.Box 9656,
Riyadh 11423, Kingdom of Saudi Arabia
Tel 966 1 419 1696
Fax 966 1 419 1995
Doosan Infracore Co., Ltd.
Geith International Ltd.
Grangegeeth Slane Co Meath Ireland
Tel 353 41 9824143
Doosan Trading Ltd.
(Construction Equip.)
Block B Balheary Road Business
Campus Swords Co Dublin Ireland
Tel 353 1 6502000
Bensheim GmbH
Berlinger Ring 169 Bensheim DE64625
Germany
Tel 49 6251 8482 314
Doosan Infracore Europe S.A.
Heinrich von stephan Strasse 2
Langenfeld-Fuhrkamp DE-40764
Germany
Tel 49 2173 2035218
Doosan Infracore Germany GmbH.
(Machine Tools)
Hans-Boeckler-Strasse 27-29,
D-40764 Langenfeld-Fuhrkamp,
Germany
Tel 49 2173 85090
Doosan ADT AS
Varhol Elnesvagen N6440 Norway
Tel 47 712 68 500
EMEA Doosan Infracore Construction
Equip. HQ
Dreve Richelle 167 Waterloo B1410
Belgium
Tel 32 23 71 68 11
Doosan Infracore Turkey Technical
Center (Machine Tools)
Uzuncayir Cad. NO.:31 A1 Blok, K:2,
D:14, 34722 Hasanpasa, Istanbul,
Turkiye
Tel 90 216 428 5441
Doosan Infracore Europe S.A.
Add 1A, Rue Achille Degrace Frameries
B7080 Belgium
Tel 32 478295266
Doosan Infracore UK
Unit 6.3- Nantgarw Park Treforest Ind.
Estate Cardiff CF15 7QU U.K.
Tel 44 1443 845650
Doosan Bobcat Engineering s.r.o.
Doosan Bobcat Manufacturing s.r.o.
U Kodetky 1810 Dobris CZ26312
Czech Republic
Tel 420 318 532 258
Doosan Infracore Russia
Kransnoprenenskaya quay 12,
Office No.1503
123610, Moscow, Russia
Tel 7 495 258 1837
Montabert Lyon
203 Route Grenoble Saint Priest
F69800 France
Tel 33 4 72 22 97 58
Bobcat of Lyon SAS
Rue Champ Dolin BP 11 Saint Priest
F69800 France
Tel 33 472 79 78 73
Bobcat France
Route de Nantes 44160
Pont Chateau France
Tel 33 2 40 00 73 75
Doosan Infracore France
ZAC de la Clef Saint Pierre - Buroplus
21a, avenue Jean d’ Alembert Elancourt
F78990 France
Tel 33 1 3016 2151
Doosan Infracore Russia Technical
Krasnaya st.1, Lubercy, Moscow Reg.,
Russia 140 000
Tel 7 495 981 83 45
Doosan South Africa
10 Fricker Road IIIovo Boulevard IIIovo
ZA2196 South Africa
Tel 27 11 864 3933
Doosan Infracore China Investment
Co., Ltd.
19/F, Tower B, Gateway. No.18,
Xiaguangli, North Road East Third
Ring,Chaoyang District, Beijing 100027
China
Tel 139 1074 0224
Doosan Infracore China Co., Ltd.
19/F, Tower B, Gateway. No.18
Xiaguangli, North Road East Third Ring,
Chaoyang District, Beijing Beijing,
100027 China
Tel 010 84782608
Doosan Infracore Machine Tools
Yantai Co., Ltd. Beiling Office
Room 603, Zhongchen Building
No.1 Lize Zhong 2 Road, Wangjing
Chaoyang District, Beijing, China
Tel 010 64390500 (601-608)
No.28 Wuzhishan Road, Eco&Tech.
Development Area, Yantai Shandong
264006 China
Tel 135 0535 2797
Doosan Infracore Shandong Co., Ltd.
No.1088, Xinchengdajie Street,
Muping Economic Developing Zone,
Yantai Shandong 264100 China
Tel 138 0535 1970
Yantai Co., Ltd.
No.1, Dayu 1 Road, Eco&Tech.
Development Zone, Yantai
Shandong, China
Tel 86 535 6935000
Doosan Infracore Suzhou Co., Ltd.
10/F, Xing Hai Plaza, No.198 Xing Hai
Street, SIP, Suzhou Jiangsu 215021
China
Tel 86 0516 8773 9000
Room A, 25, Zhao-Feng Universe
Building, 1800 Zhongshan W. Rd
Shanghai Shanghai 200235, China
Tel 021 64400842
Doosan Trading(Shanghai) Co., Ltd.
Room 2102 - 2104, Tower B,
Dawning Center, 500 Hong Bao
Shi Road, Chang Ning District
Shanghai Shanghai, 201103 China
Tel 86 21 3209 2288 ext.1821
Yantai Co., Ltd. Shanghai Office
(Machine Tools)
13 Building, 140 Tianlin Road,
Xuhui District, Shanghai, China
Tel 021 54451155 812 815
Xi’an Branch
RoomA-03, 4/F, Jinye Buiding,
No. 100, South Second Ring Xi’an
Shanxi 710065, China
Tel 029 88376731
Doosan Infracore China., Ltd. Shen
Yang Branch (Construction Equip.)
Room 2306 tower C President
Building, No. 69 Heping North Street
Heping District, Shen Yang Liaoning
110003 China
Tel 024 22812783
Doosan Infracore China., Ltd. Wu
Han Branch
4103 A, Shi Mao Plaza, No.686 Jiefang
Avenue Wuhan Hubei 430020, China
Tel 027 83316519
Cheng Du Branch (Construction Equip.)
F, 6F, Hongdi Building, No.153 North
Kehua Road Chengdu Sichuan 610021
China
Tel 028 86026029
HeFei Branch (Construction Equip.)
Room 1005 10th floor,Sunan Plaza,
NO.389-399 Jinzhai Road Hefei Anhui
230061 China
Tel 0551 5178362
Doosan International Manufacturing
China Co., Ltd. (Construction Equip.)
88 Wufang Road, Wujiang Economic
Development District Wujiang Anhui
215200 China
Tel 138 6204 1916
Doosan Infracore China Co.,Ltd.
(Engines)
1800 Zhongshan W.Rd. Shanghai,
200233 China
Tel 86 21 6440 3050
Xuzhou Xugong Doosan Engine
Co., Ltd.
221-004 7F, XCMG,
Industry Area No.1,
Xuzhou Economic
Development Zone,
Jiangsu, China
Tel 86 0516 8773 9000
Yantai Co., Ltd. Gunagzhou Office
Room No.4019-4021, CHINA SHINE
Plaza, NO.9 Lin He Xi Road Tian He
District, Guangzhou Guangdong,China
Tel 86 20 3810 6524
Yantai Co., Ltd. Chongqiing Office
6-5 Starlight Mansion, 1th Starlight
Road, Hi-Tech Park, Nothern New
District, Chongqing, China
Tel 023 63111486
Doosan International South East
Asia Pte Ltd. (Construction Equip.)
42 Benoi Road Jurong 629903
Singapore
Tel 65 6499 0200
Contact
Tel. 02 . 3398 . 1088
Doosan Infracore India Pvt.Ltd.
3rd Floor, TNPL Building No.67,
Mount Road, Guindy Chennai 600032
India
Tel 91 99 4064 8687
Doosan Infracore India Technical
Site No 143-B2, B3&B4,
Bommasandra Industial Area. I&II
Phase, Hebba Godi village,
Attibele Hobli, Anekal Taluk,
Bagalore, India
Tel 91 080 4266 0110
Bobcat Corp. Japan
636 Morooka-cho Kohoku-ku,
Yokohama 222-0002 Japan
Tel 81 45 532 0151
Doosan Infracore Japan Corp.
Doosan Portable Power Japan
2402, mita Kokusai Bldg,
1-4-28 Mita, Minato-Ku Tokyo
108-0073 Japan
Tel 81 3 5730 9011
Doosan Infracore Construction Equip.
North America HQ
400 Perimeter Center Terrace
Suite 750 Atlanta GA 30346 USA
Tel 1 770 353 3800
Doosan Infracore Construction Equip.
400 Perimeter Center Terrace
Suite 750 Atlanta GA 30346 USA
Tel 1 770 353 3883
Bobcat Company
PO Box 128 210 1st Ave NE Gwinner ND
58040 USA
Tel 1 701 678 6241
Bobcat Company
250 East Beaton Drive PO Box 6000
West Fargo ND 58078-6000 USA
Tel 1 701 241 8700
Doosan Infracore Portable Power
1293 Glenway Drive Statesville
North Carolina 28625 USA
Tel 1 704 883 3586
Bobcat Company
521 South 22nd Street Bismarck
North Dakota 58504 USA
Tel 1 701 222 5466
Bobcat Company
2101 11th St N Wahpeton
ND 58075 USA
Tel 1 701 451 7003
Doosan Infracore America (Engines)
2905 Shawnee Industrial Way NW
Suwanee, GA 30024 USA
Tel 1 770 831 3481
Fax. 02 . 2285 . 5188
Doosan Infracore America Corp.
(Machine Tools)
19 Chapin Rd, Pine Brook,
NewJersey 07058 USA
Tel 1 973 618 2500
Doosan Infracore America Midwestern
Technical Center (Machine Tools)
1701 F Howard Street Elk Grove Village,
IL 60007, USA
Tel 1 847 437 1010
Doosan Infracore America Western
488 W. Meats Ave. Orange,
Ca 92865, USA
Tel 1 714 974 1330
Doosan Infracore America Eastern
2906 Business Park Drive Building C,
Memphis, TN 38118, USA
Tel 1 901 362 5192
Doosan Infracore America Southern
10010 Houston Oaks Drive,
Houston, TX 77064, USA
Tel 1 832 912 2000
Doosan Portable Power Canada
1185 Matheson Blvd,
East Mississauga, ON L4W 1B6
Tel 1 905 206 0022
Doosan Bobcat Chile S.A.
SAN IGACIO #701 – Parque Industrial
Buenaventura Quilicura – SantiagoChile
Tel 09 138 75 10
Doosan Infracore do Brasil Servic os
de Suporte Comercial Ltda.
Alameda Santos 2222 CJ52, 5a andar,
Cerqueria Cesar CEP 01418.200 Sao
Paulo Brazil
Tel 55 11 3061 3227
Doosan Vina (CPE Plant)
Dung Quat Economic Zone, Binh
Thuan, Binh Son, Quang Ngai
Province, Vietnam
Tel 84 55 3618 900
Fax 84 55 3618 954
Houston Branch Office
4900 Woodway Drive, Suite 725
Houston, Texas 77056, U.S.A.
Tel 1 713 961 4646
Fax 1 713 961 4647
Russia Office
Office 1503, Entrance 3, World Trade
Center Krasnopresnenskaya emb. 12,
Moscow, 123610, Russia
Tel 7 495 258 1775, 1776
Fax 7 495 258 1837
Doosan Do Brasil Participacos Ltda
Avenida das Americas, 3434,
Bloco4, Sala 319 Centro Empresarial
Mario Henrique Simonsen 22640-102Rio de janeiro-RJ-Brajil
Tel 55 21 9671 7447
Doosan Engine Co., Ltd.
HAMBURG
Heidenkampsweg 100, 8 O.G,
Hamburg, Germany 20097
Tel 49 40 2533 5656
Fax 49 40 2533 5661
SHANGHAI
Room C.23F Huadu B/D #838
Zhangyang Road,
Pudong, Shanghai 200120, China
Tel 86 21 6875 0876
Fax 86 21 6875 0864
SINGAPORE
78,ShentonWay,#16-04,
Singapore 079120
Tel 65 6222 5515
Fax 65 6222 5525
Doosan Marine Industry(Dalian)
Co., Ltd. [DMI]
Dagushan Nangang Industry Park,
Development Zone, Dalian, P.R. China.
P.C. : 116601
Tel 86 411 8751 7957
Fax 86 411 8751 7956
Doosan Capital Co., Ltd.
BEIJING
20/F Tower B, Gateway, No.18
Xiaguangli, North Road
East Third Ring,
Chaoyang District, Beijing 100027,
China
Tel 86 10 8454 7200
Fax 86 10 8454 7102
Doosan Advertising Company
BEIJING
19th FL., Tower B, GATEWAY, No.18
Xiaguangli, North Road
East Third Ring, Chaoyang District
Beijing 100027, China
Tel 86 10 8454 7185~7188
Fax 86 10 8454 7190
Cambodia Branch Office
Phnom Penh Tower 12F, #445,
Monivong Blvd(st.93/232), Khan 7
Makara, Phnom Penh, Cambodia
Tel 855 23 99 25 02
Fax 855 23 99 25 03
www.doosan.com
Doosan annual brochure can be downloaded from our website.
www.doosan.com
Doosan Tower, 18-12, Euljiro 6-ga, Jung-gu, Seoul, Korea
Tel 82 2 3398 0114

Table of Contents

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