P ark Dong-suk is the founder and CEO of Sanil Electric, a South Korean manufacturer of specialized electrical transformers. He established the company in 1987 (restructured in 1994), building it into a key player in the global power infrastructure market. Sanil Electric specializes in producing transformers and reactors for industrial applications, including renewable energy projects and power grids. Park's leadership has been defined by a strong focus on engineering excellence and export-driven growth.
Under Park's direction, Sanil Electric has capitalized on the surging global demand for upgrading power grids, particularly in the United States and Europe. The company went public in 2024, a milestone that highlighted its rapid expansion and technological capabilities. Park is also a dedicated philanthropist, having made significant donations to his alma mater, Korea University, to support engineering research and development. His success reflects the critical role of specialized manufacturing in the modern energy transition.
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Park Dong-suk is a Korean businessman, the founder and CEO of Korean electrical transformer manufacturer Sanil Electric (KRX: 002280).
He set up the company in 1994 after gaining experience working at Korean competitor manufacturer Yuil Electric. The company's primary market is international, with more than 60% of its revenue coming from the U.S..
Park Dong-suk successfully leveraged his prior industry experience to found Sanil Electric in 1994. His structural achievement is building a manufacturing company that provides essential components (electrical transformers) to major utilities and energy providers, especially in the U.S. market, which accounts for more than 60% of its revenue.
The company went public in 2024, raising 266 billion won ($190 million), securing his fortune and enabling further growth.
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Worked at Korean competitor manufacturer Yuil Electric.
Set up Sanil Electric.
The company went public, raising 266 billion won ($190 million).
Continues as Founder and CEO.
Park Dong-suk's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded industrial manufacturer, Sanil Electric.
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0% | $0.00M
+0.57% | +$24.58M
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