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During the second decade of the new millennium, Doosan Group is striving to join the ranks of the world's biggest 200 corporations by vehemently tapping into global markets.

As the first step in achieving their ambitious goal, Doosan aims to rack up double-digit growth this year both in sales and profitability. The company is one of Korea’s largest conglomerates.

``We will put forth efforts to earn 24.4 trillion won in sales and 1.6 trillion won in operating profits this year,'' Doosan Group Chairman Park Yong-hyun said at a press conference held last month in Yentai, China.

``Toward that end, we will attempt to increase our overseas business, which accounted for about half of our earnings in 2009. We hope to raise the proportion to as high as 60%  in 2010.''

Doosan has yet to officially compile the 2009 performance of its 27 subsidiaries, but its sales and operating incomes are estimated to be in the neighborhood of 21.4 trillion won and 800 billion won, respectively.

Read the full story at: koreatimes.co.kr

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