Doosan Corporation

Head office: Doosan Tower, 275, Jangchungdan-ro, Jung-gu, Seoul, South Korea Tel.: +82-233980114 www.doosan.com

Sector
Traded
Revenue
Headquarters
Settlements


A South Korea-based publicly traded conglomerate

Doosan track excavators were used in the construction of the settlement outpost Leshem in the occupied West Bank. Company machinery was also used for construction work in the Barkan Industrial Zone in the West Bank.

In occupied East Jerusalem, Doosan track excavators were documented during the construction of the Jerusalem light rail, which connects settlement neighborhoods with the city center, as well as in construction work in the settlement neighborhood of Gilo.

Company’s machinery was also used by Israeli contractors during house demolitions in Palestinian neighborhoods in East Jerusalem.

In 2017, Doosan machinery was used by the Israeli Civil Administration in repair work on a sewage line between the Palestinian towns of Al-Jib and Bir Nabala in the occupied West Bank. The sewage line serves Palestinian communities and Israeli settlements.

Doosan Corporation has also been involved in settlement construction and provision of equipment to the Israeli military through its Bobcat brand.

Bobcat mini loaders were used during the construction of the Separation Wall and checkpoints. The company’s mini loaders were documented carrying out earthworks on the land of the Palestinian village of Al-Walaja and participating in the construction of the Huwara, Anabta and Deir Sharaf checkpoints. The model most commonly used for these tasks was the S220, and the majority of tools used appear to be property of the Israeli army, as they were carrying military serial numbers.

Bobcat equipment was also used for the construction of settlement infrastructure, including maintenance works on Highway 5 in the West Bank.

The Israeli military also uses an engineering support robot – the Sahar (also known as Sand Cat or Spartacus), which is based on the Bobcat mini loader and used to remove and neutralize improvised explosive devices (IEDs) from patrol routes. The Sahar system, developed jointly by IAI and Qinetiq North America, can be connected to various Bobcat models in order to control them from afar. This unmanned mini loader has been used by the army since 2011, including in the Gaza Strip.

Additionally, the Israeli army owns standard Bobcat mini loaders and uses them for a variety of purposes: for example, earthwork in Israeli Air Force bases and training for new heavy machinery operators in the Engineering Corps.

Since 2009, Israel Police has contracted Emcol without tender for the maintenance of Bobcat robots. The contract was renewed annually between 2009 and 2015, and again in 2018 and 2019. The most recent contract is valid until 1 January 2020.



Ownership

Related parties hold 51.08% of ordinary shares, treasury stocks hold 18.13% and other investors hold the remaining 30.79%.

Chairman and CEO: Jeongwon Park


Subsidiaries

Major subsidiaries include Doosan Housing and Construction, Doosan Infracore, Doosan Bobcat. The company owns dozens of subsidiaries worldwide.


Partners

Israeli distributor: Emcol

All the information contained in this page is valid until Sat 21/12/2019



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