Historedia
Asia PacificEvent

Park Seung-jik Shop founded in Seoul, predecessor of Doosan Group

When
1896
Where
Baeogai, Seoul
Episodes
1

The Park Seung-jik Shop, established in 1896 in Baeogai (now Jongno 4-ga, Seoul), is the origin of the Doosan Group, which is the oldest running company in South Korea. The founding predates the October 1897 proclamation of the Korean Empire by King Gojong of the Joseon dynasty.

Episodes

  1. 1896 · Baeogai, SeoulFounding of Park Seung-jik Shop

    Park Seung-jik established his shop in Baeogai, Seoul, in 1896, marking the origin of the Doosan Group.

Background and detail

Historical Context. The shop was founded in 1896 in Baeogai, an area now known as Jongno 4-ga in Seoul. This predates the proclamation of the Korean Empire, the monarchical state that King Gojong of the Joseon dynasty proclaimed in October 1897 and at which he was crowned in Hwangudan.

Doosan Group Connection. The Park Seung-jik Shop is recognized as the origin of the Doosan Group, currently a South Korean multinational conglomerate. Doosan is cited as the oldest running company in South Korea. The transition from a single shop in 1896 to a global entity highlights the long-term continuity of this specific commercial lineage.

Sources

  1. Doosan Group Wikipedia, revision of 2026-09-15
  2. Korean Empire Wikipedia, revision of 2026-09-25

Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.