DN Group
Public | |
Traded as | SSX: DNG |
Industry | automotive, aerospace, manufacturing, shipbuilding defence, electronics, energy and infrastructure |
Founded | May 18, 1937 |
Headquarters | Antiytia, Anikatia |
Key people | Yeum Tae-soo, President & CEO |
Products | Taolei automobiles, Leicha luxury vehicles, ships, aircraft engines, industrial engines, Gas turbines, military and avionics equipment |
Revenue | UR$283.1 billion (FY 2014) |
Number of employees | 497,000 |
Website | DN Group |
DN Group (Anikatian: DN그룹) formerly Daesungkhu & Namkoong Group (Anikatian: 대승구&남궁그룹), is a Anikatian multinational conglomerate headquartered in Antiytia. It comprises numerous subsidiaries and affiliated businesses, it is primarily involved in aerospace manufacturing and ground transportation manufacturing, well known for its line of Taolei and Leizha automobiles and electronic devices. DN Group's aircraft engines have been widely used in both civil aviation and military aviation. Currently, DN Group employs more than 400,000 people worldwide, operates twelve manufacturing plants. DN Group was founded in 1937 as a small construction firm, over the next three decades, the group diversified into areas including auto-manufacturing, avionics components, construction and along with industrial, aerospace engines and shipbuilding industries in the mid-1960s, these areas would drive its subsequent growth. DN Group has increasingly globalized its activities, and manufacturing, particularly automobiles and ships, have become its most important source of income. DN Group's currently the world's largest automakers by vehicle unit sales for 2013. Becoming the world's first automobile manufacturer to produce more than 11 million vehicles per year.
Notable DN Group industrial subsidiaries include Taolei,(the largest auto-manufacturer in Anikatia, and currently among the world's largest automakers by vehicle unit sales.) Leicha (a leading luxury auto-manufacturer within Anikatia), DN Manufacturing Industries (a shipbuilding and construction company), and DN Engineering (an energy supplier, construction company) DN Electronics (a leading electronics company) and DN Development Company (a civil engineering projects in various areas such as roads, bridges, ports and railways). Other notable subsidiaries include Ajikaloh Corporation (an aerospace, surveillance and defence company), Suhmun Company (an aerospace and avionics systems company), Brault & Telford Co (an advertising agency) and Kwonhu Limited (an industrial construction, military and mining equipment company).
Operations
DN Group comprises around 9 companies. It is highly diversified, with activities in areas including construction, avionics electrical components, electronics, auto-manufacturer, shipbuilding, and civil engineering.
Subsidiaries and affiliates
Taolei
Taolei is a multinational automotive manufacturer, it is the largest manufacturer in Anikatia and one of largest in the world. Its principal activity is the development and construction of automobiles, commercial vehicles, engines and automotive parts.
Leicha
Leicha is a luxury vehicle division of Taolei, its principal activity is the development and construction of high quality luxury automobiles, engines and automotive parts.
DN Manufacturing Industries
DN Manufacturing Industries is a multinational shipbuilding and engineering company, its principal products are aircraft carriers, military vessels, bulk carriers, container vessels, crude oil tankers, cruisers, passenger ferries, material handling equipment steel and bridge structures.
DN Development Company
DN Engineering is a multinational civil engineering company, its principal activity is the construction of projects in various areas such as roads, bridges, ports and railways, and other civil engineering projects including subways, railways and high-tech speed rail projects.
DN Engineering
DN Engineering is a multinational construction company, its principal activity is the construction of oil refining plants; upstream oil and gas facilities; nuclear reactor and nuclear power plants; petrochemical plants and gas plants; steel making plants; power plants; water treatment facilities; and other infrastructure.
DN Electronics
DN Electronics is a multinational electronics company and a member of the DN Group, the company operates its business through five divisions: Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Energy Solution, and Vehicle Components.
Ajikaloh Corporation
Ajikaloh is a multinational aerospace, surveillance and defence company, its principal activity are the development and construction of weapons systems and components relating to the aerospace industry.
Suhmun Company
Suhmun is a multinational aerospace and avionics systems company, its principal activity is the development and construction of advanced avionics systems for Anikatian military aerospace weapon systems.
Brault & Telford Co
Brault & Telford Co is a multinational advertising and marketing solutions company, its principal activity are offering advertising, public relations, shopper marketing, sports marketing, digital marketing services worldwide.
Kwonhu Limited
Kwonhu Limited multinational corporation that manufactures construction, mining, and military equipment, as well as industrial equipment like press machines, lasers and thermoelectric generators.
Defunct
DN Commercial Vehicles
DN Commercial Vehicles was a trucks and construction equipment manufacturer established by the DN Group in 1997 as part of a wider economic freedoms introduced by the new DSRA leaders. However, by 2001 the collapse of the DSRA and subsequent financial crisis led to the emergency request for international assistance which came in the form of PMF loans. As part of the economic restructuring requirements of the loans. Poorly run and performing companies were to be shutdown as a result DN Commercial Vehicles was declared bankrupt in 2001. All its assets were sold and its personnel was transferred to other subsidiaries of the DN Group.