Doosan Group (Korean: 두산그룹; Hanja: 斗山그룹) is a South Korean multinational conglomerate company. In 2009, the company was placed 471st in the Fortune Global 500.[1] It has been included in the Forbes Global 2000 companies from 2007.[citation needed] It is the parent company of Škoda Power. Doosan was ranked 4th among the "World's Best 40 Companies 2009" list in BusinessWeek, the U.S. economics magazine, in October 2009.[citation needed]