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| Founded | 1939 |
|---|---|
| Defunct | 2006 |
| Headquarters | , South Korea |
SsangYong Group (Korean: 쌍용그룹, Ssang-Yong Geurup) was a South Korean chaebol (a Korean family-controlled conglomerate). Tracing its origins to 1939, by the 1970s it was one of the largest enterprise groups in the country, before disintegrating in the wake of the 1997 Asian financial crisis. Internationally, the group was best known as the parent of Ssangyong Engineering and Construction, SsangYong Cement, SsangYong Paper, Ssangyong Oil Refining, Ssangyong Investment & Securities, and SsangYong Motor Company among its many interests.[1]
The name SsangYong is taken from the Hanja characters 雙龍, which translate literally to "Double Dragon."