Doosan Fuel Cell
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Doosan Fuel Cell
Doosan Fuel Cell () is a South Korean company affiliated with Doosan that manufactures fuel cells. It has a subsidiary, HyAxiom Motors, which produces eco-friendly commercial vehicles. History In July 2014, Doosan decided to pursue a merger with FuelCell Power, as the country's residential fuel cell company. FuelCell Power is a residential and small building fuel cell manufacturer founded in 2001 and was listed on the KONEX market of the Korea Exchange in 2013. And the company acquired the assets and operating liabilities of Clearedge power to launch Doosan Fuel Cell America. Doosan Group Chairman Park Yong-man said, "We will develop the fuel cell business into Doosan’s main business in the future." In January 2018, Doosan Fuel Cell, Hanhwa Energy, and Korea East-West Power established a special purpose corporation, Daesan Green Energy, and built the world’s first by-product hydrogen power plant, the Daesan Hydrogen Fuel Cell Power Plant, in Seosan, South Chungcheong Pr ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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