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Daewoo Group and Daewoo Corporation

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The Daewoo commercial vehicle manufacturer was taken over by Tata Motors – the world's 4th largest medium and heavy commercial vehicle manufacturer.
 
The Daewoo commercial vehicle manufacturer was taken over by Tata Motors – the world's 4th largest medium and heavy commercial vehicle manufacturer.
   
===Involvement in Myanmar===
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====Involvement in Myanmar====
Daewoo was recently also starting to move into the oil and gas industry. While Western oil and gas companies were unwilling to conduct business in Myanmar on account of the abysmal human rights record of the ruling military junta, Daewoo is one of three oil companies, along with the French company Total and the American company Unocal, which is already, or is close to, starting gas production in the country (at the Yadana Field). During explorations, Daewoo found one of the largest gas fields in southeast Asia. The field is located at blocks A-1 and A-3 at the Shwe field, about 100 km off Sittwe in Rakhine State. The field will go into production in five years, providing a lucrative (and probably the largest) source of hard currency for the ruling junta. Daewoo has long been one of the largest foreign investors in the country. Daewoo International was investigated by South Korean prosecutors for allegedly selling machinery with potential military applications to the junta.
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Daewoo is also moving into the oil and gas industry. While Western oil and gas companies were unwilling to conduct business in Myanmar on account of the abysmal human rights record of the ruling military junta, Daewoo is one of three oil companies, along with the French company Total and the American company Unocal, which is already, or is close to, starting gas production in the country (at the Yadana Field). During explorations, Daewoo found one of the largest gas fields in southeast Asia. The field is located at blocks A-1 and A-3 at the Shwe field, about 100 km off Sittwe in Rakhine State. The field will go into production in five years, providing a lucrative (and probably the largest) source of hard currency for the ruling junta. Daewoo has long been one of the largest foreign investors in the country. Daewoo International was investigated by South Korean prosecutors for allegedly selling machinery with potential military applications to the junta.
   
 
===Former business sectors===
 
===Former business sectors===
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