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Home (12997 companies) > South Korea (108 companies) > Conglomerate (9 companies) >



Daewoo Group


Headquarters location: 541 Namdaemunno 5-ga, Chung-gu, SeoulSouth Korea Job offers, investor relations: www.dwc.co.kr


Daewoo Group belongs to

shareholder
country     %
source
General Motors Corp.United States of America66Les Echos

Daewoo Group owns

subsidiary
country     %
source
GM Daewoo Auto & Technology South Korea34

Brands

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Daewoo See the photo of: DaewooEthishop
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« ETHICAL » RATING OF DAEWOO_GROUP , group General Motors Corp. and subsidiaries [?]
39%
Job: 39% of company's jobs cut since 1998
2
Environment: 2 major pollution(s)
8
Delinquency: 8 act(s) of financial or trade delinquency
11
Tax haven, secret bank account, shell companies: operates in 11 offshore financial center(s)
181
Sales: more than 181 billion(s) dollars/euros in annual sales
229
Top management: earns 229 times the median income in the United States (32000 US$/year)
11
Influence: 11 act(s) of direct corruption or lobbying
7
Advertising & marketing: 7 dubious practice(s)

Relevance: business & market share

year
business
source
2006Daewoo is the world's second-largest shipbuilder by production value.Les Echos

World locations & Manufacturing

country incentive : address & contact : production type
source
China  : fours Libération
China  AP
United Arab Emirates Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Daewoo Electronics Middle East FZE, P.O.Box : 61163 Jebel Ali & 04-838349 :
Iran  AP
Morocco  Nouaceur foreign industrial park : 1000000 téléviseurs/an Korea Times
Morocco  Nouaceur foreign industrial park : 50000 Nubira, Lanos, Leganza/an Korea Times
Mexico  PQE.IND.S.L.R.C. 83450 SONORA SAN LUIS RIO COLORADO & 61429 :
Mexico  COL. GONZALEZ ORTEGA 21600 BAJA CALIFORNIA MEXICALI & 805505 :
Mexico  QUERETARO MARQUES, EL LOS ARCOS 7 PARQUE IND. BERNARDO QUINTANA & 4 2111700 :
Poland  L'usine nouv.
Romania  Mangalia : Production, chantier naval AFP
Romania  AP
Sudan  : Pneumatiques AP
Sudan  : Textile AP
Uzbekistan  AP
Vietnam  AP

Advertising & marketing

year
dubious practice : image
source
1999slogan: Daewoo, quand on y réfléchit.;
1998ad budget: 232 million US$; Advertisin.
1997ad budget: 266 million US$; Advertisin.
1996ad budget: 298 million US$; Advertisin.

Made by

year
employees
<>
social impact : country
source
2003
-170
Le Parisie.
2002
-90
Libération
2002
-229
Libération
2002
-400
BBC News
2001
-500
BBC News
2001
-1100
Les Echos
2001
-6900
Les Echos
1999
-1300
Les Echos
1998
265044

Influence

year
purpose : intermediary/lobby : institution
source
2000 : Collected slush funds through its subcontractors when it undertook the project for construction of Kangwon Casino in Chongson, Kangwon Province in 2000 : translateKorea Hera.

Subsidy

yeardonatorcountryamountsource
2006EtatRomania AFP
2002EtatFrance60 million Eu€

Financials

yearfinancial misdemeanorsales source
2006 Kim Woo-choong, the founder of the Daewoo group, was condemned by South Korean justice to ten years of prison and a fine of 22 billion dollars for fraud and embezzlement. Kim Woo-choong was shown to have illegally obtained the equivalent of ten billion dollars loans, to have diverted 20 billion dollars via offshore accounts and to have falsified the accounts of Daewoo of 40 billion dollars.     Reuters
2005 M. Kim fondateur de Daewoo est accusé d'avoir détourné à son profit des millions de dollars pour d'avoir maquillé pour 41 milliards de dollars les coomptes du groupe. Après 6 ans de cavale, M. Kim s'est rendu à la justice sud-coréenne.     L'Expansio.
2000 34 Daewoo Group executives and accountants indicted for their alleged involvement in operating a $20 billion slush fund     CNN
1998   71.53   billion US$

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