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Corporate Profile Download Doosan Infracore Profile CONTENTS We are shoring up our global standing as the world’s leading machinery company 04-05 while making our stakeholders, customers, and employees proud through Doosan Group products and services that meet customers’ values. We are on our way History to fulfill the aspiration of humanity as we drive the future of Industry 4.0 Affiliates under the corporate slogan, ‘Powered by Innovation.’ Financial Highlights Sponsorship 06-09 Doosan Infracore History Vision & Slogan Corporate Overview Financial Highlights Global Network 10-17 Business Overview Business Area Customer Value Future Innovation 18-21 Sustainability Management Communities Environment, Health & Safety Suppliers We are shoring up our global standing as the world’s leading machinery company while making our stakeholders, customers, and employees proud through products and services that meet customers’ values. We are on our way to fulfill the aspiration of humanity as we drive the future of Industry 4.0 Innovation is Doosan Infracore’s core value for shaping the future. under the corporate slogan, ‘Powered by Innovation.’ Doosan Infracore’s corporate slogan, ‘Powered by Innovation’, represents our belief that our core competency for building the foundation of the world comes from ‘innovation.’ It embodies our aspiration to shape the future of the machinery industry through ceaseless research and innovation while contributing to realizing the dream of humanity. DOOSAN GROUP Financial Highlights Sponsorship As the first modern enterprise in Korea, Doosan is striving to build a better tomorrow for the world and Doosan has achieved remarkable growth by transforming its Doosan is actively promoting its brand worldwide through sports rapidly responding to changes taking place in the global business environment. business portfolio. The sales grew from KRW 3.400 trillion in marketing and various types of sponsorship. 2000 to KRW 18.536 trillion in 2019, an average annual growth rate of more than 9 percent. The OPEN Launched in 1860, The Open Championship Founded in 1896 as the Park Seung-Jik Store, Doosan has ceaselessly evolved and grown for over a century. Sales is the oldest golf tournament in the world, and History Doosan had made a revolutionary shift in its business portfolio from consumer goods – including beer and (Unit: KRW trillion) it is regarded as the most prestigious among beverages – to industries with greater growth potential. Since then, it has successfully merged and acquired the world’s four major golf championships. Doosan Heavy Industries & Construction (formerly Korea Heavy Industries and Construction), Doosan Infracore Doosan has been its Official Patron since 2010. (formerly Daewoo Heavy Industries & Machinery), and Bobcat. By doing so, Doosan has expanded its business 2019 18.536 portfolio to include construction equipment, energy, and production facilities. By applying digital technologies in traditional sectors, it has widened its scope of business and opened a new territory for the manufacturing 2018 17.449 Major League Doosan is an official sponsor of Major sector through ‘Digital Transformation.’ Baseball League Baseball (MLB) and has been 2017 16.356 running its marketing programs all year round, through regular seasons, spring 2000 3.400 Doosan’s goal is to create a better life for all. It currently operates in various fields, ranging from infrastructure trainings, all-star games and post-seasons. Affiliates support business that includes industrial facilities, machinery, equipment, and construction, to consumer The sponsorship has enabled Doosan to goods business. increase its brand value in North America and offered greater opportunities to Affiliates Doosan Corporation Auxiliary Organizations communicate with customers. • Doosan Heavy Industries • Doosan Mobility • Doosan Corporation • Doosan Yonkang Operating Income & Construction Innovation Electro-Materials Foundation (Unit: KRW trillion) • Doosan Infracore • Doosan Logistics • Doosan Corporation • Doosan Art Center FC Viktoria Doosan has successfully bolstered its • Doosan Bobcat Solutions Mottrol • DBRI (Doosan Business Plzen brand status in Europe by sponsoring FC • Doosan Engineering • Oricom • Doosan Corporation Research Institute) 2019 1.26 Viktoria Plzen, a prestigious football club Industrial Vehicle & Construction • Hancomm of the Czech Republic. FC Viktoria Plzen • Doosan Fuel Cell • Doosan Magazines • Doosan Corporation 2018 1.18 is a world-class soccer club that has won Fuel Cell Power • Doosan Mecatec • Doosan Bears the Czech League title numerous times • Doosan Corporation 2017 • Doosan Robotics • Doosan Cuvex 1.11 and advanced to the finals of the UEFA Digital Innovation Champions League. • Doosan Corporation 2000 0.24 Retail 39,400 Number of our employees in 36 countries Doosan Infracore Profile 04 05 DOOSAN INFRACORE We have established ourselves as a global leader in construction equipment, such as excavators and loaders, Global Leader in Infrastructure Solutions as well as diesel and gas engines, and diverse attachments. We are now thriving as a ‘Total Solution Provider,’ Vision & Slogan offering our customers greater value and convenience, as we expand our line-up of ICT-integrated smart We will thrive as a global leader in the infrastructure solutions business by continuously expanding the scope of our business as a ‘Total Solution Provider’ that delivers unmatched products with equipment and solutions and strengthen our customer service programs. greater value and convenience to customers. We started as the country’s first large-scale machinery manufacturer in 1937. We then became the first engine History manufacturer in Korea by rolling out marine diesel engines in 1958, and launched our construction equipment Doosan Infracore’s corporate slogan, ‘Powered by Innovation,’ represents our belief that our core manufacturing business in 1977. In 2007, Doosan Infracore undisputedly emerged as the world’s leading manufacturer competency for building the foundation of the world comes from ‘innovation.’ of construction equipment after acquiring Bobcat, the global leader of compact construction equipment. The Beginnings Global Growth 1937 2005 2008 2012 2014 2016 Established Chosun Machine Works Renamed as Doosan Infracore Co., Ltd. Acquired Moxy Engineering AS, Completed the construction of Established Doosan Infracore Bobcat Completed the construction of Advanced 1966 Established Doosan Infracore Co., Ltd a Norwegian articulated dump truck Compact Diesel Engine Plant in Incheon Holdings Co., Ltd. (DIBH) Excavator Plant in Incheon Korea Machinery Industries Corp. (Rep. Office) in Dubai, the UAE company 2013 Completed the construction of Global Doosan Bobcat listed on the Korean Stock Market listed on the Korea Stock Market 2006 Completed the construction of Completed the construction of R&D Center in Incheon Supplied compact diesel engine (G2) to major 1975 Established Doosan Infracore China Wheel Loader Plant in China Wheel Loader R&D Center in China Completed the construction of Bobcat agricultural machinery manufacturers in Korea Completed the construction of Investment Co., Ltd., a holding company 2010 Completed the construction of Acceleration Center in North Dakota, Rolled out the first EURO 6 diesel engine-equipped Diesel Engine Plant in Incheon in China Completed the construction of Construction Equipment Plant in Brazil the USA bus Construction Equipment Plant in Gunsan 1986 2007 Completed the construction of Innovation 2018 Started mass production of Doosan’s Acquired CTI, a holder of original 2011 Center in Dobris, the Czech Republic Demonstrated 5G-based country-to-country own excavator model technology for HCNG engines Spun off the Industrial Vehicle Division 2015 remote control of construction equipment 1990 Acquired Yantai Yuhua Machinery Ltd. to launch Doosan Corporation Industrial Incorporated into the Dow Jones for the first time in the world Vehicle Established Doosan Infracore Europe S.A. (Currently Doosan Infracore Shandong Sustainability Index (DJSI) Asia-Pacific 2019 in Belgium Co., Ltd.) (for the 5th consecutive year) Established D20 Capital, LLC, a Silicon Valley- 1994 Acquired Ingersoll Rand’s Compact Doosan Infracore Bobcat Holdings (DIBH) based investment firm Established Doosan Infracore China Co., Ltd. Equipment unit (Bobcat) along with renamed as Doosan Bobcat Inc. Completed the construction of the Boryeong in China other units Proving Ground 1998 Awarded the ‘USD 2 Billion Export Tower’ Demonstrated Concept-X, an integrated control Established Doosan Infracore America Corp. on the Trade Day solution for future construction sites, for the first in the USA time in the world 2020 Launched XiteCloud, a smart construction management solution Doosan Infracore Profile 06 07 Corporate Company Name Year Founded President & CEO Financial Highlights Overview Doosan Infracore Co., Ltd. 1937 Dong-Youn Sohn Global Ranking Debt Ratio (Unit: %, Market share based on previous year’s revenue) (Unit: %) Main Business Areas Employees * Source: KHL International Construction Yellow Table Production and sales of 4,603 223.8 construction equipment and (Including overseas worksites; as of December 31, 2019) 7th engines 8th 9th (3.8) 9th (3.6) (3.3) 188.7 (3.2) 165.7 Global Network Headquarters Major Subsidiaries Production Subsidiaries Sales Subsidiaries Parts Distribution Center (PDC) Number of Dealers Europe Russia / CIS 16th % 219 13 (1.5) 9th (3.3%) 165.7 (Heavy: 191, Engine: 30) (Heavy: 11, Engine: 2) 2008 2012 2016 2018 2019
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