Doosan Corporation is selling Doosan Tower in central Seoul to a real estate investment company for 800 billion won ($687 million).
The Doosan Bears' dominance of the KBO appears to be well and truly over, at least for the rest of this season. Since 2015, the Bears have always been the team to beat in the fight for the Korean Series.
President Moon Jae-in, second from left, views a gas turbine during a tour of Doosan Heavy Industries & Construction at the National Industrial Complex in Changwon, South Gyeongsang, Thursday, as he pushes for his New Deal initiative. [YONHAP]
Doosan Bobcat will start selling a redesigned version of its zero-turn mower, a type of riding lawnmower, in North America later this month.
Doosan Heavy Industries & Construction said Friday it will issue 1.3 trillion won ($1.1 billion) in new stock to improve its financial structure.
In the KBO, August was all about the LG Twins. Throughout 25 games in August, the Twins picked up 16 wins, a draw and eight losses to top the league in monthly winning percentage at 0.667.
The Doosan Bears are back. Just a week ago, things weren't looking good for the Seoul team. After a difficult couple of weeks, the Bears had slipped down to fourth in the regular season standing, behind local rivals the LG Twins.
Big companies have been hit hard by the pandemic, with 11 of the 15 largest reporting revenue drops in the first half.
Doosan Bobcat has started manufacturing small excavators in China, hoping to offer more affordable prices in the country and better reflect changes in the market.
Doosan Heavy Industries & Construction received the approval of a standards body to print 3D aerospace parts.