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Doosan Group is looking to hydrogen-powered technology to expand its presence in renewable energy as it emerges from restructuring.

Doosan to benefit from Korea-US agreement on nuclear plant exports

Cash-strapped Doosan Heavy improves financial health via self-rescue plan | This file photo, provided by Doosan Heavy Industries & Construction Co. on Aug. 12, 2020, shows a view of the power plant builder's plant in Changwon, 398 kilomters south of Seoul. (Doosan Heavy Industries & Construction Co.) Cash-strapped Doosan Heavy Industries & Construction Co. has improved its financial health this year by selling new shares and assets and receiving financial help from its holding company Doosan Corp. and key shareholders, a local rating appraiser said Thursday. "Doosan Heavy has been improving...

Posted : 2020-12-31 14:16 Doosan logo in front of its headquarters in Seoul Yonhap Cash-strapped Doosan Heavy Industries Construction has improved its financial health this year by selling new shares and assets and receiving financial help from its holding company Doosan Corp. and key shareholders, a local rating appraiser said Thursday. "Doosan Heavy has been improving its financial status and reducing its debts on the back of Doosan Group's self-rescue plan," NICE Investors Service said in its report. The rating agency kept Doosan Heavy's long-term rating at BBB, the lowest tier of inves...