Search result for Doosan
DOOSAN HEAVY DECIDED TO SELL 35% OF ITS STAKE IN DOOSAN INFRACORE
Highlights –
- Doosan Heavy decided to sell 35% of its stake in Doosan Infracore.
- Doosan Heavy will sell its stake for $757 million to Hyundai heavy Industries Holdings Co.
- Doosan Heavy disposed of 76 million shares of its construction ...
DOOSAN INFRACORE REPORTS AN INCREASE IN SALES OF ITS CONSTRUCTION EQUIPMENT IN 2020
Highlights –
- Doosan Infracore reports an increase in sales of its construction equipment in 2020.
- The sales increased by 18 percent in 2020.
- The company is said to have sold 4,000 units of construction equipment, like excavators and w...
DOOSAN INFRACORE CO. REPORTS AN INCREASE IN ITS EXCAVATOR SALES IN CHINA
Highlights –
- Doosan Infracore Co. reports an increase in its excavator sales in China.
- In the country itself, the company sold 18,686 excavators in 2020.
- Hyundai Heavy Industries Holdings Co. signed an initial deal to buy out Doosan I...
SAMSUNG C&T HANKERING FOR VIETNAMESE COAL FIRED PLANTS AGAINST INVESTOR DECISIONS
- Potential investors in Samsung Construction & Trade (C&T) and Korea Electric Power Corp. (KEPCO) are still unbinding over the companies' comments to stall participation in overseas coal-fired power plant projects, saying the comments came a little late, right after approving p...
AKAP’S TERSE MESSAGE TO SAMSUNG C&T TO SUMMARILY TERMINATE VIETNAMESE COAL PROJECT
- AkamdemikerPension (AkaP), a Danish pension fund and a shareholder in Samsung Group companies, is calling for the conglomerate's construction unit.
- Samsung C&T, to put an end to financing and building of new coal-fired power plants across the world, voicing a number of ...
CASH-STRAPPED DOOSAN SHEDDING STOCKS TO LEVERAGE NEW BUSINESS LINE
- Cash-strapped Doosan Group said Friday that it will repay 3 trillion won (US$2.5 billion) in debt to its main creditors by selling new shares of Doosan Heavy Industries & Construction Co. and other affiliates' assets.
- Doosan Heavy Industries & Construction is all se...
DOOSAN HEAVY REPORTS NET LOSS, STRUGGLING TO SELL ASSETS
Highlights –
• Doosan Heavy company's net loss came $299 million due to one-off costs.
• Setbacks in business due to a shift in energy policy.
• Doosan Heavy put about 400 employees underpaid suspension.
Heavy machi...
SEOUL WELCOMES BASEBALL AFTER EASE OF VIRUS RESTRICTIONS
As soon as coronavirus restrictions were lifted, professional sports came back to South Korea on Tuesday with first baseball match of pre-season derby, though in empty stadiums.
Arch rivals, Doosan Bears and LG Twins, which belong to the capital city of South Korea, Seoul were in the...
DOOSAN MOVES BUSINESS STRATEGY AWAY FROM CHINA
Highlights –
- Heavy equipment company ‘Doosan’ to realign its market strategy
- Company’s sales plunge down in China, due to COVID-19
- Company to launch a new wheel loader lineup in the second half of this year in Europ...
JAPAN’S BIOMASS POWER PLANT GRANTS CONTRACT TO DOOSAN ŠKODA POWER
Highlights:
- This is the first turbine order in Japan for the Korean-Czech company
- The steam turbine will be installed in the new biomass fueled power plant
Japan’s energy industry was quite difficult to crack for foreign vendor...