Concrete Union Donates 15 Million Won in COVID-19 Relief Funds to SMEs

Kim Dong-woo, Chairman of the Concrete Industry Cooperative Federation (left), and Kim Ki-moon, Honorary Director of the Small and Medium Business Love Sharing Foundation, are attending a donation ceremony to support small and medium-sized enterprises affected by COVID-19 and are posing for a commemorative photo.

[Asia Economy Reporter Kim Daeseop] The Korea Concrete Industry Cooperative Federation announced on the 17th that it has donated 15 million won to the Small and Medium Business Love Sharing Foundation to support small and medium-sized enterprises and marginalized groups in the Daegu and Gyeongbuk regions, which have been the most affected by the spread of the novel coronavirus infection (COVID-19).

The Concrete Industry Cooperative Federation plays a role in alleviating the management conditions of small and medium-sized enterprises by providing information on concrete products and group standard quality certification.

Every year, it donates 10 million won to the Small and Medium Business Love Sharing Foundation. This year as well, member cooperatives have pooled donations to practice love sharing.

Kim Dong-woo, chairman of the Concrete Industry Cooperative Federation, said, "Although the small and medium business sector is facing many difficulties due to COVID-19, our interest and support for marginalized groups around us will not stop," adding, "We will continue to practice and carry on our social responsibilities."

This content was produced with the assistance of AI translation services.