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Daewoo Engineering & Construction - About the company

Daewoo Engineering & Construction is an acquired company based in Seoul (South Korea), founded in 1973. It operates as a Provider of tunnel, tidal plants, and other hard infrastructure development services. Daewoo Engineering & Construction has raised an undisclosed amount in funding. The company has 1042 active competitors, including 12 funded and 116 that have exited. Its top competitors include companies like CIMIC Group, Granite Construction and DEME.

Company Details

Social
Facebook
Phone Number
+82 **********
Key Metrics
Founded Year
1973
Location
Seoul, South Korea
Stage
Acquired
Investors
Ranked
Employee Count
5,595 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Jungheung (Dec 08, 2021)

Daewoo Engineering & Construction's acquisition details

Daewoo Engineering & Construction got acquired by Jungheung on Dec 08, 2021.
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Daewoo Engineering & Construction's funding and investors

Daewoo Engineering & Construction has raised funding over 2 rounds. Its first funding round was on 2016. Daewoo Engineering & Construction has 2 institutional investors.

Here is the list of recent funding rounds of Daewoo Engineering & Construction:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 30, 2019
3665851
Conventional Debt
5005763
8766525
7872473
3530422
2016
1987
Conventional Debt
6145
5094
2344
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Daewoo Engineering & Construction's founders and board of directors

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Daewoo Engineering & Construction's employee count trend

Daewoo Engineering & Construction has 5,595 employees as of Sep 26. Here is Daewoo Engineering & Construction's employee count trend over the years:
Employee count trend for Daewoo Engineering & Construction
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Daewoo Engineering & Construction's Competitors and alternates

Top competitors of Daewoo Engineering & Construction include CIMIC Group, Granite Construction and DEME. Here is the list of Top 10 competitors of Daewoo Engineering & Construction, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CIMIC Group
CIMIC Group
North Sydney (Australia), Public
Provider of engineering construction and natural resource project development services
$104M
65/100
2nd
Logo for Granite Construction
Granite Construction
1922, Watsonville (United States), Public
Diversified infrastructure solutions provider specializing in construction and construction materials
-
-
65/100
3rd
Logo for DEME
DEME
1991, Zwijndrecht (Belgium), Public
Provider of consulting services for marine infrastructure development industries
-
62/100
4th
Provider of tunnel, tidal plants, and other hard infrastructure development services
-
61/100
5th
Logo for KEC International
KEC International
1945, Mumbai (India), Public
Manufacturer of electric power transmission towers and infrastructure projects
-
-
60/100
6th
Logo for Webuild
Webuild
2014, Missaglia (Italy), Public
Provider of infrastructure development services
-
59/100
7th
Logo for NCC
NCC
1978, Hyderabad (India), Public
Developer of infrastructure projects for transportation water irrigation and mining
-
59/100
8th
Logo for Adani Infra
Adani Infra
2006, Ahmedabad (India), Unfunded
Provider of infrastructure management services for renewable energy projects
-
-
58/100
9th
Logo for Aecon
Aecon
1877, Toronto (Canada), Acquired
Provider of factories, roads, power plants, mine sites, arts centres, and infrastructure development services
-
58/100
10th
Logo for Bechtel
Bechtel
1898, Reston (United States), Funding Raised
Provider of infrastructure development services
-
58/100
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Daewoo Engineering & Construction's Investments and acquisitions

Daewoo Engineering & Construction has a total of 1 investment in AstroX. Daewoo Engineering & Construction has not made any acquisitions as of now.

Reports related to Daewoo Engineering & Construction

Here is the latest report on Daewoo Engineering & Construction's sector:

News related to Daewoo Engineering & Construction

lockFilter this list
Media has covered Daewoo Engineering & Construction for a total of 35 events in the last 1 year, 27 of them have been about company updates and 4 about partnerships.
•
Daewoo E&C Wins W350b Fertilizer Plant Project in NigeriaKorea Herald•Nov 04, 2026•Indorama, Daewoo Engineering & Construction
•
Daewoo E&C seeks fresh talks with KHNP over Czech nuclear dealKorea Herald•Nov 02, 2026•Daewoo Engineering & Construction, Korea Hydro and Nuclear Power
•
Daewoo E&C expands AI use across construction sites - The Korea TimesThe Korea Times•Oct 22, 2026•Daewoo Engineering & Construction
•
Daewoo E&C's New CEO Prioritizes Profitability and ExpansionKorea Herald•Oct 05, 2026•Daewoo Engineering & Construction
•
Daewoo E&C expands global nuclear, energy pushKorea Herald•Sep 22, 2026•Daewoo Engineering & Construction
•
Daewoo E&C Chief Focuses on Central Asia ExpansionKorea Herald•Sep 18, 2026•Daewoo Engineering & Construction
•
Daewoo E&C Chief Pledges W10b for Honam Semiconductor, AI Cluster DevelopmentKorea Herald•Sep 11, 2026•Daewoo Engineering & Construction
•
Daewoo E&C Eyes Hanoi Smart City ExpansionBusinesskorea•Sep 09, 2026•Daewoo Engineering & Construction
•
Daewoo E&C to launch 1,438-unit apartment complex in CheonanThe Korea Times•Aug 19, 2026•Daewoo Engineering & Construction
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