SsangYong Group

SsangYong Group
Founded1939
Defunct2006
Headquarters,
South Korea

SsangYong Group (Korean쌍용그룹; RRSsangyong 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."

  1. ^ "쌍용그룹". terms.naver.com (in Korean). Retrieved 2022-05-29.