SsangYong Group

SsangYong Group was a South Korean-based Enterprise Group or conglomerate founded in 1987.[1] SsangYong, literally translated, means "Double Dragon". It was largely broken up by the Asian financial crisis in 1997.

For the automobile manufacturer company, see KG Mobility.
SsangYong Group
Founded1939
Defunct2006
Headquarters
Seoul
,
South Korea

The chaebol was forced to sell or relinquish control in many of their subsidiary interests including the SsangYong Motor Company; the Ssangyong Paper Co., now controlled by Hankook P&G, Ssangyong Cement Industrial Co. Ltd, was owned by the shipping company, Afro-Asia; Yongpyung Resort, Ssangyong Heavy Industries, Ssangyong Precision Industry Co., Ssangyong Engineering & Construction Co., Ltd, and Riverside Cement, now controlled by Texas Industries, Inc. and Ssangyong Oil Refining Co., Sale of treasury stock in 1999.

See also

References
  1. "쌍용그룹". terms.naver.com (in Korean). Retrieved 2022-05-29.
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