Altoen Daewoo, established in 1986 as Daewoo Electronics' gas boiler division, specialized in eco-friendly condensing gas boilers and water heaters. The company historically supplied high-efficiency gas heating equipment to domestic and international markets, gaining recognition for its technology. It demonstrated particular strength in overseas markets like Russia and China. However, in October 2025, the Suwon District Court declared the company bankrupt, leading to ongoing liquidation or sale procedures. The company had previously leveraged the Daewoo brand value to expand its global market presence.AltoenDaewoo,establishedin1986asDaewooElectronics'gasboilerdivision,specializedineco-friendlycondensinggasboilersandwaterheaters.Thecompanyhistoricallysuppliedhigh-efficiencygasheatingequipmenttodomesticandinternationalmarkets,gainingrecognitionforitstechnology.ItdemonstratedparticularstrengthinoverseasmarketslikeRussiaandChina.However,inOctober2025,theSuwonDistrictCourtdeclaredthecompanybankrupt,leadingtoongoingliquidationorsaleprocedures.ThecompanyhadpreviouslyleveragedtheDaewoobrandvaluetoexpanditsglobalmarketpresence.
Key Products/TechnologiesKeyProducts/Technologies
Eco-friendly Low-NOx Eco-Green Condensing Boilers: ADB-Series models featuring 92% heating efficiency, NOx Class 1, and standby power consumption below 3W, achieving Energy Efficiency Class 1 and eco-label certification. These products incorporated durable stainless steel heat exchangers, offering strong resistance to corrosion from condensate. The integrated coil structure for sensible and latent heat sections minimized flow resistance, resulting in high thermal efficiency.Eco-friendlyLow-NOxEco-GreenCondensingBoilers:ADB-Seriesmodelsfeaturing92%heatingefficiency,NOxClass1,andstandbypowerconsumptionbelow3W,achievingEnergyEfficiencyClass1andeco-labelcertification.Theseproductsincorporateddurablestainlesssteelheatexchangers,offeringstrongresistancetocorrosionfromcondensate.Theintegratedcoilstructureforsensibleandlatentheatsectionsminimizedflowresistance,resultinginhighthermalefficiency.
Smart Home IoT Boilers: Integration of IoT controllers enabling remote heating control via smartphones, enhancing user convenience. This smart control system aimed to maximize user comfort and accessibility.SmartHomeIoTBoilers:IntegrationofIoTcontrollersenablingremoteheatingcontrolviasmartphones,enhancinguserconvenience.Thissmartcontrolsystemaimedtomaximizeusercomfortandaccessibility.
Standard Gas Boilers and Water Heaters: A diverse range of standard open-flue and sealed-combustion boilers, including DB-203G, DB-138MG, DB-Series, DR-Series, and DGB-MSC Series models. The product lineup also included gas water heaters, electric water heaters, and patio heaters, covering various heating and hot water needs.StandardGasBoilersandWaterHeaters:Adiverserangeofstandardopen-flueandsealed-combustionboilers,includingDB-203G,DB-138MG,DB-Series,DR-Series,andDGB-MSCSeriesmodels.Theproductlineupalsoincludedgaswaterheaters,electricwaterheaters,andpatioheaters,coveringvariousheatingandhotwaterneeds.
Core Component Technology: Application of advanced German-made fans for stable quality, optimal combustion environments, and reduced noise levels. The unique use of Italian-made gas valves in its condensing boilers in Korea ensured enhanced safety and efficiency. Technical collaboration with Orkli resulted in the adoption of Ceramic Premix Burners with down-fired pre-mix surface combustion technology.CoreComponentTechnology:ApplicationofadvancedGerman-madefansforstablequality,optimalcombustionenvironments,andreducednoiselevels.TheuniqueuseofItalian-madegasvalvesinitscondensingboilersinKoreaensuredenhancedsafetyandefficiency.TechnicalcollaborationwithOrkliresultedintheadoptionofCeramicPremixBurnerswithdown-firedpre-mixsurfacecombustiontechnology.
Core AdvantagesCoreAdvantages
Advanced Condensing Technology: Implementation of condensing technology that reabsorbs heat energy from water vapor generated during gas combustion, leading to significant energy savings. The use of European-style integrated heat exchangers, combining sensible and latent heat, achieved high thermal efficiency.AdvancedCondensingTechnology:Implementationofcondensingtechnologythatreabsorbsheatenergyfromwatervaporgeneratedduringgascombustion,leadingtosignificantenergysavings.TheuseofEuropean-styleintegratedheatexchangers,combiningsensibleandlatentheat,achievedhighthermalefficiency.
Eco-friendly and High-Efficiency Products: All condensing boiler models achieved Energy Efficiency Class 1 and low-NOx (NOx Class 1) certification, demonstrating proactive compliance with environmental regulations. Designs focused on maximizing energy efficiency with standby power consumption below 3W.Eco-friendlyandHigh-EfficiencyProducts:AllcondensingboilermodelsachievedEnergyEfficiencyClass1andlow-NOx(NOxClass1)certification,demonstratingproactivecompliancewithenvironmentalregulations.Designsfocusedonmaximizingenergyefficiencywithstandbypowerconsumptionbelow3W.
Strong International Recognition: Historical recognition for its technology in overseas markets, including Russia, CIS, and China, evidenced by receiving the '10 Million Dollar Export Tower' award in 2011 and the '15 Million Dollar Export Tower' in 2013. The company was also selected as one of 'China's Top 10 Preferred Gas Boiler Brands' in 2015, indicating strong brand presence.StrongInternationalRecognition:Historicalrecognitionforitstechnologyinoverseasmarkets,includingRussia,CIS,andChina,evidencedbyreceivingthe'10MillionDollarExportTower'awardin2011andthe'15MillionDollarExportTower'in2013.Thecompanywasalsoselectedasoneof'China'sTop10PreferredGasBoilerBrands'in2015,indicatingstrongbrandpresence.
Product Durability and Safety: Utilization of highly durable stainless steel heat exchangers, providing excellent resistance to corrosion from condensate. Enhanced safety features included gas safety devices and fault diagnosis indicators.ProductDurabilityandSafety:Utilizationofhighlydurablestainlesssteelheatexchangers,providingexcellentresistancetocorrosionfromcondensate.Enhancedsafetyfeaturesincludedgassafetydevicesandfaultdiagnosisindicators.
Smart Features and User Convenience: IoT controllers enabled remote heating control via smartphones, alongside precise hot water temperature adjustment in 1℃ increments. The application of a storage type water tank ensured consistent hot water temperature even with repeated use.SmartFeaturesandUserConvenience:IoTcontrollersenabledremoteheatingcontrolviasmartphones,alongsideprecisehotwatertemperatureadjustmentin1℃increments.Theapplicationofastoragetypewatertankensuredconsistenthotwatertemperatureevenwithrepeateduse.
Cost Competitiveness: A product development strategy focused on maximizing cost-effectiveness by utilizing verified components and eliminating unnecessary features. Modularization of components simplified production and service, contributing to price competitiveness.CostCompetitiveness:Aproductdevelopmentstrategyfocusedonmaximizingcost-effectivenessbyutilizingverifiedcomponentsandeliminatingunnecessaryfeatures.Modularizationofcomponentssimplifiedproductionandservice,contributingtopricecompetitiveness.
Target IndustrieTargetIndustrie
Residential Heating Industry: Provision of heating and hot water supply systems for general households and apartment complexes.ResidentialHeatingIndustry:Provisionofheatingandhotwatersupplysystemsforgeneralhouseholdsandapartmentcomplexes.
Construction Industry: A strong presence in the B2B market, supplying boilers to construction companies and apartment developments.ConstructionIndustry:AstrongpresenceintheB2Bmarket,supplyingboilerstoconstructioncompaniesandapartmentdevelopments.
Major MarketsMajorMarkets
ChinaChina
Russia, CIS (Commonwealth of Independent States), Eastern EuropeRussia,CIS(CommonwealthofIndependentStates),EasternEurope
Certifications/PatentsCertifications/Patents
Energy Efficiency Class 1 and Eco-label Certification: All eco-friendly low-NOx Eco-Green condensing boiler models obtained Energy Efficiency Class 1 and environmental mark certification.EnergyEfficiencyClass1andEco-labelCertification:Alleco-friendlylow-NOxEco-GreencondensingboilermodelsobtainedEnergyEfficiencyClass1andenvironmentalmarkcertification.
ISO 9001 Certification: Achieved ISO 9001 certification for its quality management system.ISO9001Certification:AchievedISO9001certificationforitsqualitymanagementsystem.
KS Certification: Obtained Korean Industrial Standards (KS) certifications, including KS B 8127 (Gas Hot Water Boilers) and KS B 8109 (Gas Water Heaters).KSCertification:ObtainedKoreanIndustrialStandards(KS)certifications,includingKSB8127(GasHotWaterBoilers)andKSB8109(GasWaterHeaters).
Awards and Recognitions: Awarded the '10 Million Dollar Export Tower' in 2011 and the '15 Million Dollar Export Tower' in 2013. Received the 'SME Management Grand Prize' in 2015. Designated as one of 'China's Top 10 Preferred Gas Boiler Brands' in 2015. Honored with the 'Energy Winner Award' by the Consumers' Union of Korea. Awarded the '2020 Customer Recommended Brand Grand Prize' in the condensing boiler category.AwardsandRecognitions:Awardedthe'10MillionDollarExportTower'in2011andthe'15MillionDollarExportTower'in2013.Receivedthe'SMEManagementGrandPrize'in2015.Designatedasoneof'China'sTop10PreferredGasBoilerBrands'in2015.Honoredwiththe'EnergyWinnerAward'bytheConsumers'UnionofKorea.Awardedthe'2020CustomerRecommendedBrandGrandPrize'inthecondensingboilercategory.
Excellent AS Company Certification: Certified as an excellent AS company under KS B 8109.ExcellentASCompanyCertification:CertifiedasanexcellentAScompanyunderKSB8109.