Doosan Tower

Energy South Korea nears Czech nuclear deal; Doosan, related stocks fly high

South Korea’s nuclear energy stocks surged this week as momentum builds around a landmark nuclear power project in the Czech Republic, with in...

Mergers & Acquisitions Doosan enters race to acquire SK Siltron in strategic semiconductor push

South Korea’s Doosan Group has entered the bidding war for SK Siltron Co., the world’s third-largest manufacturer of semiconductor wafer...

Real estate Colliers to lead $689 million sale of IGIS Asset-owned Signature Tower

Colliers Korea, a unit of global real estate asset management group Colliers, has been chosen as the adviser for the sale of Signature Tower in cent...

Real estate IGIS taps Samjong KPMG, Cushman & Wakefiel, NAI for sale of AP Tower

IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen a consortium of Samjong KPMG Accounting Corp., Cushman &am...

Real estate Shinhan REITs picked as sole bidder for BNK Digital Tower

Shinhan REITs Management is expected to acquire BNK Digital Tower, an office building in the affluent neighborhood of Gangnam in southern Seoul, aft...

Batteries LG Energy, Doosan Bobcat tie up for construction equipment battery packs

LG Energy Solution Ltd., the world’s third-largest battery maker, and Doosan Bobcat Inc., a global construction machinery producer, said on We...

Real estate IGIS puts office tower, 2 nearby hotels on market in bundled sale

Prime office complex AP Tower and two adjacent hospitality properties in Seoul’s Gangnam Business District have been put up for sale in a bu...

Leadership & Management Kakao founder Kim to resign as control tower chair

Kakao Corp. founder Kim Beom-soo, also known as Brian Kim, will step down as chairman of the South Korean tech giant’s top decision-making bod...

Energy Doosan Enerbility wins $1.5 bn in orders from Saudi Arabia

Doosan Enerbility Co., South Korea’s leading gas turbine maunfacturer for power plants, said on Thursday that it has secured a combined $1.5 b...

Energy Doosan Enerbility bags $200 mn Qatar power plant EPC deal

Doosan Enerbility Co. has clinched an engineering, procurement and construction (EPC) contract for a gas-fired power plant from Qatar in a consortiu...

Real estate Beauty giant CJ Olive Young to buy Seoul office building for $472 mn

CJ Olive Young Corp., South Korea’s top beauty store chain, has been given priority rights to buy an office building in Seoul for about 680 bi...

Real estate Sale of Doosan Tower attracts bids from IGIS, Kiwoom, Korea Investment

The much-anticipated sale of Doosan Tower in Seoul’s central business district (CBD) has attracted bids from three interested parties – ...

Real estate NPS closes $1.6 bn Korean office deal; scientists pension eyes NCSOFT building

The National Pension Service (NPS) has completed the purchase of One Grove for 2.3 trillion won ($1.6 billion), its largest single real estate inves...

IPOs Doosan Skoda Power eyes Czech IPO, aims to raise $111 million

Doosan Skoda Power, the Czech-based power plant equipment-making unit of South Korea’s Doosan Enerbility Co., plans to list its shares on the ...

Real estate Koramco seeks to sell Seoul prime office tower in $272 million deal

South Korea’s Koramco REITs Management & Trust Co. is poised sell a prime office building in Seoul in an estimated 400 billion won ($272 m...

Real estate NCSOFT’s NC Tower up for sale with its value estimated at $272 million

The sales of several office buildings along Teheran-ro in Seoul's upscale Gangnam Business District (GBD) are gaining momentum.The bidding for the...

Real estate Seoul office sales rebound for first time in 4 years in 2024

The Seoul office market bounced back for the first time in four years in 2024, with transaction volume soaring 78.7% to 13.4 trillion won ($9.1 bill...

Energy Doosan Enerbility to supply TerraPower's SMR equipment

South Korea's Doosan Enerbility Co. said on Thursday it signed a contract with TerraPower to supply the equipments for small modular reactor (SMR).T...

Aerospace & Defense Doosan Enerbility, KAI to cooperate on aero engine localization

South Korea's Doosan Enerbility Co. and Korea Aerospace Industries Ltd. (KAI) said on Tuesday that the two companies signed a memorandum of understa...

Batteries Lotte to supply advanced copper foil to Doosan for Nvidia’s Blackwell

Lotte Energy Materials Corp., a leading South Korean battery materials maker, said on Tuesday it will supply advanced copper foil to Doosan Corp.'s&...

Corporate strategy Doosan Bobcat unveils massive corporate value-up plans

Doosan Bobcat Inc., a global construction machinery maker owned by South Korea’s Doosan Group, has unveiled massive corporate value-up measure...

Corporate restructuring Doosan Robotics’ merger with Bobcat fails on share price plunge

Doosan Group on Tuesday canceled Doosan Bobcat Co.'s merger with Doosan Robotics Inc. again after President Yoo Suk Yeol’s failed martial law ...

Corporate restructuring NPS steps back from Doosan Robotics' Bobcat merger

The National Pension Service (NPS) appears to be stalling on a vote for Doosan Robotics Inc.'s merger with Doosan Bobcat Inc., with major proxy advi...

Energy KEPCO wins Saudi Arabia's two gas power plant projects

Korea Electric Power Corp. (KEPCO) announced on Thursday that it was selected as the final successful bidder to build and operate two 1.9GW combined...

Korean games Cookie Run: Tower of Adventures named Google Play's Best Game

"Cookie Run: Tower of Adventures", the globally popular mobile game of South Korean game developer DevSisters Corp., was selected the Best for Googl...

Real estate NH Nonghyup buys Donuimun D Tower for $640 mn

NH Nonghyup REITs Management Co. has completed the purchase of Donuimun D Tower, a prime office building in central Seoul, for 895.3 billion won ($6...

Corporate restructuring Doosan to resume Bobcat, Robotics merger with new ratio

South Korea’s plant and machinery powerhouse Doosan Group will resume the merger of Doosan Bobcat Inc. and Doosan Robotics Inc. using a new me...

Shareholder activism Align Partners calls on Doosan Bobcat to boost shareholder value

Align Partners Capital Management Inc., a South Korean activist fund, has called on Doosan Bobcat Inc., a global construction machinery maker owned ...

Machinery Doosan Bobcat RogueX2 wins Red Dot Design Award

South Korea's Doosan Bobcat said on Friday that its construction equipment RogueX2 won the prize in the Design Concept category at the Red Dot Desig...

Energy Doosan Enerbility defies doubters about homegrown gas turbines

Doosan Enerbility Co., a leading power plant engineering company in South Korea, has defied doubters about its gas turbines, the first produced at h...