Asia is home to the oldest still-functioning business in the world: a construction company named Kongo Gumi. In 578 Buddhism was on the rise in Japan; but the Japanese had no experience in building temples. The royal family invited a renowned Korean temple builder, Shigemitsu Kongo, to construct the country’s first government temple. Shigemitsu stayed to maintain the building and passed his unprecedented knowledge of the art down the line, so that 14 centuries later temple-building still accounted for 80% of the Kongo Gumi’s US$60m business. With mounting debts, the company was absorbed into a bigger construction conglomerate in 2006 – but continues to pair traditional temple building techniques with the latest technology.
World's 10 Oldest CompaniesWorld's 10 Oldest Companies
......Read more here: https://businessfinancing.co.uk/the-oldest-company-in-almost-every-country/
Glad to find out ~Construction_and_Engineering related company is the oldest.
Nice find!
It's pretty amazing that some of these companies are still around today. Most seem like they're quite niche (temple building) or government backed (AUS post).
This is cool!!! Yes indeed long live construction!!
Interesting that there are two mints in the top ten. Trickle-up, Cantillion effect?
I definitely want to highlight the Chuao estate, where they produce the best cacao in my native Venezuela. Being able to continue operating today in a country mired in dictatorship and corruption is undoubtedly a huge challenge!