Doosan Enerbility Co., Ltd., (a combination of words Energy and Sustainability) formerly known as Doosan Heavy Industries, is a heavy industrial company headquartered in Changwon, South Korea.
It was established in 1962. Its business includes manufacturing and construction of nuclear power plants, thermal power stations, turbines and generators, desalination plants, castings, and forgings.
History
In 1962, Doosan Heavy Industries & Construction Co., Ltd, formerly known as Korea Heavy Industries and Construction Co., Ltd, was founded by Doosan Group. In 1999, Doosan Heavy Industries & Construction was integrated with several other domestic power industries.
In 2000, Doosan Heavy Industries & Construction went public and was listed on the Korean stock market. In 2001, Korea Heavy Industries and Construction Co., Ltd was renamed as Doosan Heavy Industries & Construction Co., Ltd. The company was ranked first in global desalination market and selected as "Global Product".
In 2006, Doosan Heavy Industries and Construction acquired Kvaerner IMGB (Currently Doosan IMGB) and Mitsui Babcock (Currently Doosan Babcock). The company established water R&D centers in Dubai (UAE) and Tampa, Florida (USA). In 2007, Doosan Heavy Industries and Construction began the construction of Doosan VINA plant in Vietnam.