Dongbu's Seven Business Segments Steel - Dongbu Group
Dongbu's Seven Business Segments Steel - Dongbu Group
Dongbu's Seven Business Segments Steel - Dongbu Group
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<strong>Dongbu</strong> of the Future - Cutting Edge Technologies of <strong>Dongbu</strong>
4<br />
Mr. Junki Kim, Chairman<br />
The energetic visionary entrepreneur, Mr. Junki Kim founded the forerunner of the <strong>Dongbu</strong> <strong>Group</strong><br />
as a 24 year old college sophomore.<br />
His founding aspiration was to help enhance the economic future for the Korean people and<br />
the country. The management philosophy has been based on: experienced talented people,<br />
entrepreneurship, innovation, and customer satisfaction that exceeds expectations.<br />
The founder’s unwavering belief: “The future belongs to the one who prepares oneself with<br />
dreams and ideals” has fuelled his self-drive for continuous unrivalled challenges to meet<br />
new goals. The monumental growth of <strong>Dongbu</strong> as a leading business conglomerate in Korea<br />
during the last four short decades is truly a living testament to his life’s belief.<br />
His ongoing challenges and tireless efforts to make <strong>Dongbu</strong> an “Excellent Global Company”,<br />
by putting the emphasis on People, Entrepreneurship and Innovation, is going forward now and<br />
will continue into the future.<br />
Mr. Junki Kim<br />
Chairman, CEO and Founder of The <strong>Dongbu</strong> <strong>Group</strong>
Our Vision<br />
To be an “Excellent Global Company” overwhelmingly acclaimed<br />
by the people we serve throughout the world as a global leader in all classes of<br />
our businesses.<br />
Our Mission<br />
To provide superior quality products and outstanding services at<br />
competitive prices for people around the world through commitment to<br />
excellence.<br />
Our three Initiatives<br />
Globalization<br />
Specialization<br />
Higher Value Added Products<br />
5
6<br />
<strong>Dongbu</strong>’s Monumental Growth<br />
The <strong>Dongbu</strong> <strong>Group</strong> began in 1969 as a small company, Miryung Construction<br />
Company, Ltd., founded by the visionary entrepreneur, Mr. Junki Kim, on a<br />
start-up budget of only $25,000 with two employees. The company, during the<br />
ensuing decade, has quickly grown into a leading construction firm in Korea,<br />
boosted in part, by its enormously successful construction ventures in the<br />
Middle East. By the late 1970s, Miryung Construction was well-capitalized with<br />
funds and amassed pivotal resources, which enabled the company to lay down<br />
a framework for what is the <strong>Dongbu</strong> <strong>Group</strong> today.<br />
Since the 1980s, <strong>Dongbu</strong> has pursued a steady course of diversification and<br />
expansion. Initially, the focus was primarily on Korea’s much needed core<br />
industries: steel, fertilizer, construction, logistics, and finance. In time, <strong>Dongbu</strong><br />
aggressively expanded into high-tech industries and the global financial<br />
services industry to reach out to the demands of the challenging global market<br />
opportunities. <strong>Dongbu</strong>, thereby, positioned itself well for sustained growth in<br />
these ever rapidly evolving and highly competitive businesses of the future. In an<br />
attempt to preserve the global community for future generations, <strong>Dongbu</strong><br />
launched “green” strategies to become an environment friendly “green”<br />
company, and implemented cutting edge “green” technologies throughout the<br />
facilities wherever necessary.<br />
Presently, <strong>Dongbu</strong> is a Korean global conglomerate corporation which<br />
operates through seven business segments with 59 subsidiaries and 40,000<br />
employees. Although <strong>Dongbu</strong> started nearly a half-century later than the other<br />
leading contemporary competitors in Korea, the corporation ranked as one of<br />
the top ten Korean conglomerates in 2000 based on a report by The Fair<br />
Trade Commission of the Korean Government. Similarly, all the <strong>Dongbu</strong><br />
companies are commanding a top-tier presence in their respective fields of<br />
industries in Korea. <strong>Dongbu</strong> is currently embarking on company-wide ambitious<br />
strategic plans with a full thrust to be a global leader in all classes of its<br />
businesses in the 2010s.
Assets and Revenues of <strong>Dongbu</strong>, 1969-2013<br />
Assets<br />
Revenues<br />
(Unit: US$ 1 million)<br />
0.1<br />
0.09<br />
18.7<br />
13.5<br />
162.2<br />
799.9<br />
201.9 875.3<br />
2,094.3<br />
2,044.8<br />
4,040.6<br />
8,871.6<br />
7,051.3<br />
15,045<br />
10,049<br />
36,853.9<br />
20,023.5<br />
30,000<br />
1969 1975 1980 1985 1990 1995 2000 2005 2010 2013<br />
(Estimate)<br />
4,533<br />
60,000<br />
* Total Assets US$60 billion / Total Revenues US$30 billion<br />
59 Subsidiaries / 60 <strong>Business</strong> Divisions / 40,000 Employees<br />
*<br />
7
8<br />
<strong>Steel</strong> Metal Chemical<br />
<strong>Dongbu</strong> <strong>Steel</strong> Co., Ltd.<br />
<strong>Dongbu</strong> Metal Co., Ltd.<br />
<strong>Dongbu</strong> Special <strong>Steel</strong> Co., Ltd.<br />
<strong>Dongbu</strong> Chemicals Co., Ltd.
10<br />
Agriculture Health Distribution<br />
<strong>Dongbu</strong> Farm Hannong Co., Ltd.<br />
<strong>Dongbu</strong> Farm Hungnong Co., Ltd.<br />
<strong>Dongbu</strong> Farm Biotec Co., Ltd.<br />
<strong>Dongbu</strong> Farm Ceres Co., Ltd.<br />
<strong>Dongbu</strong> Farm Co., Ltd.<br />
<strong>Dongbu</strong> Farm Fresh Produce Co., Ltd.<br />
<strong>Dongbu</strong> Farm Gaya Co., Ltd.
12<br />
IT Electronics<br />
<strong>Dongbu</strong> HiTek Co., Ltd.<br />
<strong>Dongbu</strong> Robotics Co., Ltd.<br />
<strong>Dongbu</strong> Lightec Co., Ltd.<br />
<strong>Dongbu</strong> LED Co., Ltd.<br />
<strong>Dongbu</strong> CNI Co., Ltd.<br />
<strong>Dongbu</strong> Electronic Materials Co., Ltd.
14<br />
Construction Energy<br />
Real Estate Development<br />
<strong>Dongbu</strong> Corporation<br />
<strong>Dongbu</strong> Engineering Co., Ltd.<br />
<strong>Dongbu</strong> Power Corporation<br />
<strong>Dongbu</strong> World Co., Ltd.
16<br />
Logistics Passenger Transport Contents<br />
<strong>Dongbu</strong> Express Co., Ltd.<br />
<strong>Dongbu</strong> Passenger Services Co., Ltd.<br />
<strong>Dongbu</strong> Parcel Services Co., Ltd.<br />
<strong>Dongbu</strong> Inc.
18<br />
Insurance Securities Banking<br />
<strong>Dongbu</strong> Insurance Co., Ltd.<br />
<strong>Dongbu</strong> Life Insurance Co., Ltd.<br />
<strong>Dongbu</strong> Securities Co., Ltd.<br />
<strong>Dongbu</strong> Asset Management Co., Ltd.<br />
<strong>Dongbu</strong> Savings Bank Co., Ltd.<br />
<strong>Dongbu</strong> Capital Co., Ltd.
20<br />
Corporate Social Responsibility<br />
<strong>Dongbu</strong> Cultural Foundation<br />
Dong-gok Social Philanthropic Foundation<br />
<strong>Dongbu</strong> Promy Professional Basketball Team