Action at Shareholders' Meeting of Doosan Heavy Industries & Construction in Seoul

On March 27, the Korean government decided to inject 1trillion won to Doosan Heavy Industries & Construction by establishing a line of credit with Korea Development Bank(KDB) and the Export and Import Bank of Korea(Exim bank) to salvage its liquidity crunch. Doosan is one of the biggest construction companies in Korea which has mainly focused on coal-fired and nuclear power plants.

The activist is holding up a banner saying “Urgent call for anti coal & nuke portfolio” in front of the building where a shareholders’ meeting for Doosan is held. With the activity, Greenpeace Seoul office announced a statement which is demanding Doosan to declare and submit a self-restructuring plan containing the coal & nuclear phase-out plan to the lenders, KDB and Exim bank.