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Endpoint: Daewoo



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created on: 3/09/2026
by: bob (10887)
 
 

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General info :
Daewoo (meaning "great universe") was the business name of the Daewoo Group, a major South Korean chaebol (type of conglomerate) and automobile manufacturer.

It was founded on 22 March 1967 as Daewoo Industrial and was declared bankrupt on 1 November 1999, with debts of about US$50 billion (equivalent to $97 billion in 2025).
Prior to the 1997 Asian financial crisis, Daewoo was the third largest conglomerate in South Korea, behind the Hyundai Group and Lucky-Goldstar (later became LG Corporation). There were about 20 divisions under the Daewoo Group, some of which survived as independent companies.
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Item number : 73365

Submitted by : bob (10887)
on : 03/09/2026