Today, many large companies operate in the business world, but do you know which is the oldest company in the world?
In the current business sector, numerous companies have been operating for a long time, and they have interesting stories behind their rise to fame. These stories often teach us valuable lessons about the world of business. Have you ever wondered which company holds the title of the world’s oldest? And whether it is still active in the business world? Let’s take a look at this fascinating company today.
Here is The Company
Kongo Gumi, a company from Japan, is recognized as the oldest company in the world. It was founded in the year 578 AD. Kongo Gumi is known for its expertise in woodworking and construction. The company has operated for over 1,400 years, a testament to its resilience and adaptability. It was established by a Korean builder named Shigemitsu Kongo, who brought his craft and vision to Japan. Over the centuries, the company has witnessed and survived many historical events, from two World Wars to foreign rule under the British Empire. Despite such challenges, Kongo Gumi has managed to maintain its presence in the business world, a remarkable feat for any organization.
The Second Company
Following Kongo Gumi is another Japanese company, Marubeni Corporation, which ranks as the second old company in the world. This company was founded in 1643 AD and is a major conglomerate, involved in various sectors across the globe. Marubeni has established itself as a key player in industries like trade, agriculture, energy, and finance.
Some of India’s Oldest Companies
- Godrej: Known for its furniture, Godrej is one of India’s old companies, founded in 1894.
- Kirloskar Brothers: This company, which manufactures pumps and engines, was founded in 1888.
- VOLTAS: Specializing in air conditioners and refrigerators, VOLTAS was established in 1850.
