Dongseo Power Achieves Highest Grade for the 9th Time in Win-Win Growth Evaluation

[Asia Economy Reporter Moon Chaeseok] Korea East-West Power received the highest grade in the 2019 Win-Win Growth evaluation. It is the first time a domestic public enterprise has received the highest grade nine times.

East-West Power announced on the 22nd that it obtained the highest grade, "Excellent," in the 2019 Public Institution Win-Win Growth evaluation conducted by the Ministry of SMEs and Startups targeting 58 public institutions.

Since 2007, based on the Win-Win Cooperation Act, the Ministry of SMEs and Startups has annually evaluated the support performance of public institutions in win-win growth to encourage them to take a leading role.

East-West Power was evaluated to have contributed to building an inclusive growth ecosystem together with SMEs by implementing a win-win growth strategy system based on ▲leading localization and strengthening technological capabilities ▲supporting market development through communication and cooperation ▲enhancing SME competitiveness through differentiated strategies ▲realizing social value by expanding growth support.

In particular, it was recognized for expanding the test-bed demonstration support project for SME-developed products, which has been implemented since 2011, and for providing demonstration support last year for the stator winding of generators, a core component of power plants.

This acknowledged its role in leading SMEs' technological capabilities and the localization of materials, parts, and equipment for power plants.

An East-West Power official emphasized, "This year as well, we will take the lead in setting an example in the field of win-win growth through efforts such as achieving public procurement targets, expanding SME support development projects, supporting test-beds, and enhancing productivity to create a win-win corporate ecosystem."

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