Doosan IMGB delivers equipment to Korea, estimates net profit by year end

Newsroom 07/06/2010 | 11:30

Heavy equipment producer Doosan IMGB has delivered the first specialized equipment for a nuclear power plant currently under construction in South Korea. “The need for cheap and clean energy with low carbon dioxide emissions has persuaded an increasing number of countries to reconsider nuclear energy,” said Jeog Jeon, Doosan IMGB CEO.

According to company information, preparations for the production of the equipment started a year ago and this first delivery is part of an ongoing contract. The equipment is five meters in diameter, one meter high and weighs 60 tons.

“Currently we are working on another contract for similar equipment,” Florin Antonescu, chief management officer at Doosan IMGB, told BR. Antonescu said that the company was expecting to make a post-tax profit at the end of the year.