Duwon Corporation Co., Ltd. Selected as Gwangyang City's Excellent Labor-Management Culture Company for Q4

Building an Advanced Labor-Management Culture for Mutual Growth Through Labor-Management Cooperation in a "Company Where Employees Are Happy"

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Gwangyang City announced on the 2nd that it selected Duwon Enterprise Co., Ltd. (CEO Yang Dong-gu) as an excellent labor-management culture company for the fourth quarter of this year and awarded the mayor's commendation at the city hall conference room.

Duwon Enterprise Co., Ltd. is a specialized company in the tuyere field that constructs and maintains refractories in the production process of the Gwangyang Steelworks as a partner of POSCO Chemical. It has been recognized for its contribution to creating a win-win labor-management atmosphere, continuous business expansion, and revitalizing the local economy through increased employment.

In particular, despite the steel industry downturn and economic recession caused by COVID-19 this year, the company expanded its business areas such as tuyere equipment operation and newly hired 47 employees compared to last year.

Additionally, to overcome the decrease in corporate sales, it operates an emergency management system, implements extreme cost reduction jointly by labor and management, and presents a model of coexistence by having the CEO, managers, and labor union chairman return their salaries, contributing to employment stability.

Under the management policy of being a "company where employees are happy," Duwon Enterprise Co., Ltd. forms a healthy organizational culture through active operation of the labor-management council and the employee grievance counseling office, facilitating communication between labor and management.

Furthermore, it continues the labor-management win-win culture through peaceful wage negotiations delegated every year since its founding, improving employee welfare such as increasing tuition support for university student children and condolence money.

It leads activities to realize the value of "POSCO Corporate Citizen Friends" by continuously volunteering, such as helping sister villages with labor and cleaning the waterfront park around the steel complex, strengthening coexistence and bonds with local residents.

Moreover, through excellent corporate activities such as continuous acquisition of safety and health management system certifications, risk assessment certification, and patent applications, it also makes a significant contribution to revitalizing the local economy.

CEO Yang Dong-gu said, "Being selected as an excellent labor-management culture company for the fourth quarter is very meaningful as it recognizes the efforts made by both labor and management," and added, "Although the situation is difficult due to COVID-19, we will work harder to build a company where labor and management trust, cooperate, and develop together."

Meanwhile, Gwangyang City selects companies that practice a win-win labor-management culture regardless of industry or size and contribute to revitalizing the local economy every quarter, awarding the mayor's commendation and raising the company's flag throughout the jurisdiction to build a "city good for business and work."

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