Gimhae City Launches Small Giant Companies Council … NDY CEO Yoonjo Jeon Appointed as Chairman

The Gimhae Small and Strong Enterprise Development Project Council has been launched and is taking a commemorative photo. (Photo by Gimhae City)

[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Woo-kwon] Gimhae City, Gyeongnam Province, announced on the 16th that the Gimhae-type Small Giant Company Development Project Council, which aims to discover small and medium-sized enterprises with growth potential and foster them as strong small giants to drive regional economic growth, has been launched.

The council inauguration ceremony, which had been postponed due to COVID-19, was held on the 10th at the Small and Medium Business Center of the Gimhae Industry Promotion and Bio-Convergence Foundation, combined with a meeting.

The council consists of 20 companies selected as Gimhae-type Small Giant Companies in 2020. The executives were elected with Jeon Yoon-jo, CEO of NDK, as chairman; Seo Jae-chan, CEO of Banseok Industry, as vice chairman; and Han Seul-gi, CEO of Dongsan Electronics, as secretary general.

As the Small Giant Company Council is composed of strong small giants representing Gimhae City, it will operate as a channel for sharing and integrating know-how among companies and for discovering corporate difficulties and support projects.

Mayor Heo Seong-gon of Gimhae City stated, "Despite the difficult environment for Gimhae's small giant companies, we will spare no systematic support to revitalize the regional economy and help them grow into medium-sized enterprises that will lead innovative growth."

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