HOME>Introduction>History
- History
- Daesung Group soars toward a 100 year vision
The start of a new epoch founded on energy and cultural contents
“ Beginnings of an Energy Conglomerate ”
- 1947. 05. 10Daesung Industrial Corporation founded
- 1959. 09. 18Daesung Briquette Co., Ltd. established
- 1960. 07. 10Mungyeong Coal Mine acquired
- 1961. 05Homyeong Coal Mine acquired
“ Growth into Korea’s First Integrated Energy Conglomerate ”
- 1964. 04LPG distribution started
- 1965. 06. 01Daesung Consolidated Coal Mining Co., Ltd. established
- 1968. 07. 04Daesung Industrial Co., Ltd. established
- 1968. 09. 07Sales of oil-based products and machinery started
- 1969. 06. 03Daesung Wasa Co., Ltd.
- 1970. 10. 26Coal briquette plant in Yeongdeungpo, Seoul completed
- 1971. 04. 15Banyawol Fuel Industrial Complex large-scale plant built
- 1971. 06. 30Daesung Industrial Co., Ltd. & Daesung Wasa Co., Ltd. merged
- 1971. 06. 30Daesung Industrial Co., Ltd., Daesung Briquette Co., Ltd. &
Daesung Industrial Corporation merged - 1972. 08Bobal Coal Mine acquired
- 1976. 06. 25Daesung Mining Development Co., Ltd. established
“ Expansion to New Sectors and Into Overseas Markets ”
- 1976. 07. 19Changwon Carburetor Industrial Co., Ltd. established
- 1979. 02. 19Daesung Oxyton Co., Ltd. established
- 1980. 11. 19Daesung Australia Pty., Ltd. established
- 1982. 03. 25Daesung America, Inc. established
- 1982. 11. 19Daesung Hong Kong Co., Inc. established
“ Corporate Expansion & Diversification ”
- 1983. 01. 31Daegu City Gas Co., Ltd. established.
(Currently operating as Daesung Energy Co., Ltd.) - 1983. 11. 28Seoul City Gas Co., Ltd. established
- 1985. 08. 21Cambridge Filter Korea Co., Ltd. established
- 1985. 09. 19Daesung Celtic Co., Ltd. established
- 1985. 10. 02Mungyeong Saejae Tour Co., Ltd. established
- 1987. 06. 25Daesung Automotive Co., Ltd. established
- 1987. 08. 25Korea Siemens Electronics Co., Ltd. established
- 1987. 12. 30Daesung Measuring Co., Ltd. established
- 1988. 03. 04Daesung Taco Co., Ltd. established
- 1988. 05. 07Daesung NACHI Hydraulics Co., Ltd. established
- 1989. 07. 23Daesung Canada, Co. Inc. established
- 1989. 09. 11Daesung Henkel Chemical Co., Ltd. established
- 1989. 10. 10Daesung Energy Appliance Co., Ltd. established
- 1992. 07. 08Daesung City Gas Engineering established.
(Currently operating as Daesung Global Network) - 1993. 08. 30Seoul City Gas Engineering Co., Ltd. established
“ Growth of City Gas Operations & 2nd Founding ”
- 1996. 07. 10Taegu TRS Co., Ltd. established
- 1997. 07. 04Korea Cable Television Gyeonggi Center Co., Ltd. established
- 1997. 07. 12Gyeongbuk City Gas Co., Ltd. established.
(Currently operating as Daesung Clean Energy Co., Ltd.) - 1997. 08. 01Daesung Industrial Co., Ltd., Daesung Resources Co., Ltd. merged
- 1998. 12. 07Seoul Energy Co., Ltd. established, securing bridgehead
in the cogeneration and power business - 2000. 07. 11Changwon Carburetor Industrial Co., Ltd., Daesung Automotive Co.,Ltd. spun off
- 2000. 12. 28Younghoon David Kim inaugurated chairman of Daesung Group
- 2001. 06. 30Daesung Group divided into three parts: Daesung Industrial Co., Ltd.,
Seoul City Gas Co., Ltd., & Daegu City Gas Co., Ltd. (Currently Daesung Holdings Co., Ltd.)
“ Meeting the Challenges of the Future and Globalization ”
- 2001. 12. 19Gloria Trading Co., Ltd. established
- 2002. 04. 24Daesung Haegang Science and Culture Foundation established
- 2002. 05. 10Daesung Institute for Clean Energy (DICE) established
- 2002. 06. 28Insight Ventures Corp. acquired.
(Currently operating as Daesung Private Equity, Inc.) - 2002. 11. 20Daesung.com Co., Ltd. established.
(Currently operating as Daesung, Co., Ltd.) - 2002. 12. 18Daesung China Co., Ltd. established
- 2003. 06. 18Daesung Global Network Co., Ltd. established
- 2003. 09. 02Acts Capital Management Co., Ltd. acquired.
(Currently operating as Daesung Capital Management Co., Ltd.) - 2004. 05. 24Taegu Energy & Environment Co., Ltd. established.
(Currently operating as Daesung Eco-Energy Co., Ltd.) - 2006. 01. 20Korea.com Communications Co., Ltd. acquired
- 2006. 12. 05NeoFarm Co., Ltd. established
- 2007. 02. 19NeoFarm Australia Pty., Ltd. established
- 2008. 06. 26Korean Dream, LLC. established
- 2009. 05. 28Daesung Engineering & Construction Co., Ltd. established
- 2009. 10. 01Daesung Holdings Co., Ltd. established
- 2010. 08. 31Daesung Investment Co., Ltd. Established.
(Currently operating as Daesung Value Investment Co., Ltd.) - 2011. 06. 13Daesung Holdings Co., Ltd. Selected as Skype's local reseller in Korea
- 2013. 10. 17Chairman Younghoon David Kim inaugurated as WEC Co-chair
- 2015. 05. 08Daesung Energy Co., Ltd. reaches a landmark 1 milion households.
- 2016. 10. 10Chairman Younghoon David Kim inaugurated as WEC Chair