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History of Dongwon

An introduction to Dongwon`s history since 1969


Establishment Stage

  • 1969

    04.16

    Dongwon Industries was founded with start-up capital of 10 million KRW (Commercial Bank Building 401, 33-2 Myeong-dong 2ga, Jung-gu, Seoul)

  • 07.31

    Dongwon Industries introduced Dongwon Vessel No. 31, Korea’s first 500-ton mother ship type tuna fishing vessel.

  • 1971

    12.22

    Kim, Jaecheol, President of Dongwon, was awarded a citation on the day of export from the Ministry of Agriculture and Forestry for the company’s contribution to increasing national seafood exports

  • 1973

    05.01

    Dongwon Industries established its first overseas base in Tema Harbor, Republic of Ghana.

  • 1974

    06.16

    Dongwon Industries relocated its head office to Daewang Building 320 and 322, 355 Jungrim-dong, Jung-gu, Seoul

  • 1975

    05.26

    Factory ship 'Dongsan’ was constructed (4,500 ton) and sent out to the northern sea. Kim, Jaecheol, President went aboard the ship.

  • 1976

    11.08

    Dongwon Cold Storage Co., Ltd. was founded in Gamjeon-dong, Buk-gu, Busan.

  • 1977

    10.15

    Orion Optics Co., Ltd. was established

  • 1979

    01.

    Dongwon Industries introduced the 'Costa de Marfil (807 ton)’, which was Korea’s first helicopter equipped purse seine fishing vessel.

  • 07.02

    Dongwon Industries established the Dongwon Education Foundation

Growth Stage

  • 1981

    05.31

    President Kim, Jaecheol completed AMP education (chief executive officer course) at Harvard University

  • 1981

    11.06

    Dongwon Food Co., Ltd. established (554-2, Sangdaewon-dong, Seongnam, Gyeonggi-do)

  • 1982

    05.06

    Dongwon Industries acquired Hanshin Securities

  • 1982

    09.27

    Dongwon awarded the Bronze Tower Order of Industrial Service Merit on the day of export

  • 1982

    11.12

    Dongwon Industries launched a canned tuna product, the first in Korea.

  • 1986

    02.15

    Construction of Seongnam factory, with a production capacity of 3,600 sets of seasoned laver a day, completed

  • 1986

    03.05

    Dongwon Industries selected as one of the official suppliers of canned seafood, seasoned and grilled squid and seasoned laver for the '86 Seoul Asian Games and '88 Seoul Olympic Games

  • 1986

    12.06

    Construction of Changwon factory completed (91-1, Daewon-dong, Changwon, Gyeongnam)

  • 1987

    11.12

    Dongil Frozen Food Co., Ltd. established.

  • 1988

     

    Established Samyang Industries
    Established Hanshin Investment Advisory Services

  • 1989

    02.06

    Fishing ship 'Dongsan’ became first Korean vessel allowed to enter Soviet waters for fishing

  • 03.07

    Dongwon Industries listed on Korean Stock Exchange

    09.

    Dongwon Industries launched Sea Fish Paste

Maturity Stage

  • 1990

    05.

    Dongwon’s TV commercial 'I like the sea’ was awarded the 'Bronze Lion’ prize at the 37th Cannes International Advertising Film Festival

  • 1991

    12.31

    President Kim, Jaecheol awarded the Gold Tower Order of Industrial Service Merit, a first for a CEO in the fishing industry

  • 1993

    06.25

    Construction of Dongwon’s new headquarters building in Yangjae-dong was completed (275, Yangjae-dong, Seocho-gu, Seoul)

  • 1994

    04.16

    Dongwon Industries announced the implementation of 3S campaign as the second phase of its innovation plan

  • 1995

    05.16

    Construction of Gwangju factory completed

  • 10.06

    Dongwon acquires Seongmi Electronics

  • 11.22

    Dongwon won the grand prize in the general section at the first Korea Logistics Awards

  • 1996

    04.01

    Dongwon Group officially launched

  • 07.16

    Construction of Dongwon’s Jincheon factory for processing and production of Kimchi and meat completed

  • 1997

    02.01

    Korea-Japan joint venture logistics firm RESKO founded

  • 1999

    02.10

    Chairman Kim, Jaecheol appointed as the 23rd chairperson of the Korea Foreign Trade Association

  • 10.25

    Construction of the first Dongyoung Cold Plaza factory completed

Take-off Stage

  • 2000

    11.

    Dongwon Industries spun off its Food Business division and founded Dongwon F&B

  • 2001

    04.

    Dongwon Group established Dongwon Enterprise holding company

  • 04.

    2001 Dongwon Cup National Youth Soccer League (co-sponsoring with the Korea Football Association) ※ held every year since 2001

  • 10.

    Dongwon acquired Oriental Catering and the FS division of 63 City and merged both of them to form Dongwon Home Food

  • 2003

    01.

    Dongwon Group separated its financial subsidiaries and spun off Dongwon Financial Holdings

  • 2005

    07.01

    Dongwon acquired DM Food

  • 2006

    05.

    Chairman Kim, Jaecheol appointed chairperson of the Yeosu International Expo bid committee

  • 07.

    Dongwon constructed Korea’s first PS processing function equipped purse seine vessel (Ocean Ace)

  • 09.

    Dongwon acquired Haitai Dairy

  • 2007

    02.

    Dongwon acquired seasoned food specialist Samjo Celltec and TSQ

  • 07.

    Dongwon Leaders Academy opened

  • 2008

    02.

    Chairman Kim Jaecheol awarded the Order of Civil Merit, Rose of Sharon Medal

  • 10.

    Dongwon acquired the US No.1 tuna brand StarKist

  • 11.

    Construction of Dongwon’s Icheon Logistics Center (Korea’s biggest automated cold storage warehouse) was completed

  • 2009

    04.

    Dongwon Group Announced 40th Anniversary vision and CI

  • 11.

    Dongwon Home Food’s Sihwa Food Material Distribution Center opened

  • 2010

    02.

    Dongwon F&B’s Cheonan factory started production

  • 2011

    01.

    Dongwon F&B achieved 1 trillion won yearly sale for the first time among affiliates.

  • 11.

    Dongwon acquired Senegal-based SNCDS

  • 2012

    05.

    Dongwon acquired Daihan Eunpakgy

  • 2013

    01.

    Dongwon Systems merged with
    Daihan Eunpakgy
    Dongwon Construction Industries and Dongwon T&I spun off

  • 04.

    Dongwon Tuna entered
    Chinese Market

  • 10.

    Construction of Senegal-based S.C.A SA factory completed

  • 11.

    Dongwon acquired Hanjin P&C

  • 2014

    03.

    DongwonF&B merged with
    Dongwon Dairy Food
    Dongwon Homefood merged with
    Samjo Celltech

  • 04.

    Dongwon Group’s 45th Anniversary

    05.

    Dongwon Homefood constructed seasoning product factory in Weihai, China

  • 07.

    Dongwon Tuna recorded
    "5 billion can" sales for the
    first time in the industry.

  • 10.

    Dongwon Systems acquired
    'Ardagh Samoa Inc'
    (現Talofa Systems)

  • 11.

    Dongwon Group signed an
    investment contract with
    ‘Silver Bay Seafoods’, the biggest
    salmon fishing company in Alaska

  • 2015

    09.

    Dongwon Systems acquired
    Vietnam packaging
    material company 'TTP, MVP'

    Dongwon F&B acquired on-line
    livestock products distribution
    company ‘Kumchon’

  • 10.

    Dongwon Industries won
    'The Grand Prize' of
    'The Management
    Grand Awards 2015'

  • 12.

    Dongwon Systems won
    ’Tower of $70 million Export’

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