Hanwha Co., Ltd. Unites Labor and Management to Overcome COVID-19 Crisis

CEO, Labor Union Chairman Attend '2020 Wage Negotiation Company Delegation Ceremony'

Hanwha Corporation CEO Ok Kyung-seok (third from the left in the front row) and Jung Seung-woo (fourth from the left in the front row), Chairman of the Hanwha Corporation Labor Union, along with key executives, are posing for a commemorative photo at the '2020 Wage Negotiation Company Delegation Ceremony' held on the 14th at the Hanwha Building in Janggyo-dong, Seoul.

[Asia Economy Reporter Yoonju Hwang] Hanwha Corporation's Explosives and Defense Division held the '2020 Wage Negotiation Company Delegation Ceremony' on the 14th at the Hanwha Building in Janggyo-dong, Seoul, attended by CEO Ok Kyung-seok, Labor Union Chairman Jeong Seung-woo, and other key executives and union representatives.

This delegation ceremony was held as the Hanwha Labor Union decided on a magnanimous level to overcome the internal and external management crisis caused by the spread of the novel coronavirus disease (COVID-19) through a cooperative labor-management culture.

Labor Union Chairman Jeong Seung-woo stated, "In order to jointly resolve the recent crisis caused by the COVID-19 situation, the union has agreed to delegate wage negotiations to the company," adding, "We hope this decision will further strengthen the foundation of the labor-management culture and contribute to overcoming the company's immediate crisis and sustaining future growth."

Ok Kyung-seok, CEO of the Explosives and Defense Division, said, "I am grateful that the union, which has been a great support during every crisis, has once again voluntarily cooperated," and promised, "We will focus all our capabilities on overcoming the current crisis based on mutual trust so that the union's significant decision will not be in vain."

Prior to this, Hanwha Corporation held the '2020 Labor-Management Harmony and Safety Resolution Ceremony' at the end of January. The ceremony was conducted with the meaning of proclaiming internally and externally the labor-management commitment to establish a new labor-management culture based on mutual respect and trust and to create a safe workplace.

Going forward, Hanwha Corporation will continue to pursue company development and innovation, and focus on establishing a healthy labor-management relationship to improve the quality of life for each employee and create a safe working environment.

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