The world’s oldest company closes down
Kongo Gumi was establised in the year 578. It will close down in January 2007 after 1,400 years in operation:
The oldest company in the world, which was founded in 578 in Japan by a group of people from the ancient Korean kingdom of Baekje, will go into liquidation in January. Kongo Gumi dates its foundation from the year when carpenter Shigemitsu Kongo built Shitennoji. Kongo had been invited to the island country by Prince Shotoku. His descendants continuously maintained the family business, and the construction firm was named the world’s oldest company by the Economist monthly.
Come to think of it, the longevity of that company is absolutely incredible. It was established 800 years before Melaka came into existence and when the prophet Muhammad was 8 years old!!
Tags: business, companies, kongo gumi, japan, korea
Popularity: 1% [?]
Related posts
No comments yet.