Dongbu Express

Dongbu Group today ranks as one of Korea's top ten conglomerates as measured by annual sales. The 40 year old multibillion dollar group continues to expand its global presence, focusing on manufacturing, service and financial industries. Dongbu Group's origins date back to January 24, 1969 when Chairman Jun-Ki Kim founded Miryung Construction Co., Ltd. - present day Dongbu Corporation - with the vision of creating an "Excellent Company." During the early 1970s, Miryung Construction began building the foundations for its future growth by entering the Middle East's booming construction market far ahead of competitors. The young venture's Middle East construction contracts generated vast revenues that fueled eventual diversification into the metal, chemical, construction, logistics and the financial industries. Dongbu Group's advancements in Manufacturing Area have been led by Dongbu Steel, which has grown into producer of cold-rolled steel sheets. By adding electric arc furnace steelmaking to its operations, Dongbu Steel has taken an important step toward becoming an all-round steelmaker capable of manufacturing both cold- and hot-rolled steel products. In other manufacturing sectors, Dongbu HiTek promises to emerge as a global player providing high value-added products and services across non-memory semiconductors, bio-technology and agrochemical industries while Dongbu Metal aims to become the world's top producer of MN alloys. In the Service Area where Dongbu Corporation has excelled in all areas of construction including civil engineering and architecture as well as housing and plant construction, the company continues to be recognized as one of reputable Korean construction firms. Indeed, the company's "Centreville" brand of apartments has become an icon for high quality housing. In addition, the company's logistics subsidiary, Dongbu Express, commands an international logistics network, integrating land, sea and air and is expanding into consumer services such as door-to-door courier deliveries and call taxi transportation. In the Finance Area, Dongbu Insurance epitomizes the management efficiency in the industry. Moreover, a total financing group is emerging from the synergy generated by the Dongbu Financial Network of affiliates specializing in sectors such as life insurance, securities, fund management and banking. Dongbu Group today is one of Korea's largest conglomerates with annual sales of 12 trillion won (US $12 billion) and total assets of 20 trillion won (US $20 billion). This phenomenal growth over four decades has been achieved through the efforts of Dongbu's dedicated employees under the leadership of the founder and chairman, Jun-Ki Kim. It is also the result of systematic and strategic approach to management that has become Dongbu's hallmark as well as the emphasis the Dongbu places on human resources as its most important asset. Under the founding principle of building an "Excellent Company," Dongbu is committed to encouraging an entrepreneurial spirit as it continues to drive innovative changes that sustain profitable growth.