Hyundai Rotem Donates Sponsorship Funds to Low-Income National Veterans

At the National Merit Support Fund Presentation Ceremony held on the 12th at the Gyeonggi Nambu Veterans Office in Suwon, Gyeonggi Province, Jeong Byeongcheon, Head of the Gyeonggi Nambu Veterans Office (from the left), a representative of the national merit recipients, and Lee Yong-bae, CEO of Hyundai Rotem, are posing for a commemorative photo.

[Asia Economy Reporter Ki-min Lee] Hyundai Rotem announced on the 12th that it has delivered a donation fund for low-income national veterans, raised through employee salary contributions, to the Gyeonggi Southern Regional Veterans Office.

The donation ceremony held that day was attended by Hyundai Rotem CEO Lee Yong-bae and Gyeonggi Southern Regional Veterans Office Director Jeong Byeong-cheon, among others. The donation fund, prepared through the voluntary participation of Hyundai Rotem employees, will be used to improve the living conditions of national veterans facing economic difficulties through the Gyeonggi Southern Regional Veterans Office.

This donation ceremony was conducted as part of Hyundai Rotem’s social contribution program, "Visiting Marginalized Neighbors by Riding the Railroad." Since 2015, Hyundai Rotem has been helping marginalized neighbors around areas where its self-manufactured railway vehicles operate. The target areas include the vicinity of Seoul Subway Lines 1 to 5, KTX stations, and the Changwon area where Hyundai Rotem’s railway and defense factories are located. Since 2017, Hyundai Rotem has also been supporting low-income national veterans.

A Hyundai Rotem official said, “In honor of the Month of National Defense and Veterans, we delivered the donation to offer some support to the national veterans who have devoted themselves to the country,” adding, “Along with the veteran support activities that have continued for four years this year, we will continue to take the lead in realizing corporate social value through various social contribution activities.”

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