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Doosan currently has 41,400 employees in 38 countries. [4] In 2011, Doosan renewed its licensing agreement with Wärtsilä-Sulzer for the construction of large marine propulsion engines, for which it is one of the world leaders. On January 1, 2018, Doosan and Doosan Bobcat were separated into independent companies. [6]
On January 1, 2018, Doosan Infracore and Doosan Bobcat were separated into independent companies, ending a seven-year relationship. [7] In July 2021, Doosan Infracore was acquired by Hyundai Heavy Industries , which paid approximately $722.45 million for a 30% controlling stake in the company.
In 2008, Doosan Infracore's Construction Equipment Business Group acquired 100% of the company from Thomson Group, and changed the name as Doosan Moxy AS. [1] In 2011, the Moxy name was dropped and latest trucks were marketed under just the Doosan brand, rather than the previous Doosan-Moxy marque.
[8] [9] At least some of these engines such as the Wärtsilä RT-flex68-D, were manufactured under licence by manufacturers in Korea such as Hyundai Heavy Industries [10] and Doosan. [11] Under WinGD, some engines are also manufactured by Mitsui E&S Diesel United, and formerly IHI. [12]
Altrad Babcock Ltd (formerly Doosan Babcock Ltd.) is a power sector OEM, construction, upgrade, and after-market services company that offers specialist services and technologies to the fossil-fired power generation, nuclear power generation, and oil, gas, and petrochemical industries.
In 2021, Hyundai Heavy Industries Group purchased a 35 percent stake in Doosan Infracore for 850 billion won. [14] [15] However, Doosan Infracore's 51 percent stake in Doosan Bobcat was not included as part of the sale. [16] Hyundai Doosan Infracore changed its brand name to Develon and adopted the new corporate name HD Hyundai Infracore in 2023.
Industrial Vehicle : Doosan Corporation Industrial Vehicle is a manufacturer of global logistics equipment, as well as engine-type forklifts and electronic forklifts. Mottrol : Doosan Corporation Mottrol was the first company in Korea to advance into the hydraulic industry.
Doosan Škoda Power is an OEM steam turbine designer and manufacturer that provides systems, components and maintenance services to fossil and nuclear power generation plants, municipal waste-to-energy and biomass incineration plants, and any manufacturing or petrochemicals application that requires turbo generator technology.