Mid-sized Companies Sector: "All Efforts to Restore Our Economy's Dynamism Through Solidarity and Cooperation"

From the left, Choi Byung-oh, Chairman of Hyungji; Park Jin-sun, CEO of Sempio Foods; Kang Ho-gap, Chairman of the Korea Federation of Medium-sized Enterprises; Koo Ja-gwan, Responsible Representative Partner of Samkoo I&C; Kim Hae-ryun, Chairman of Taekyung Group; Choi Jin-sik, Chairman of SIMPAC; Ban Won-ik, Executive Vice Chairman of the Federation of Medium-sized Enterprises. (Photo by Ministry of Trade, Industry and Energy)

[Asia Economy Reporter Moon Chaeseok] "In the post-COVID-19 era, we will do our utmost to create an industrial ecosystem based on 'solidarity and cooperation' and to restore the dynamism of the Republic of Korea."

Kang Hogap, Chairman of the Korea Federation of Medium-sized Enterprises, pledged at the '6th Medium-sized Entrepreneurs Day' ceremony held on the 18th at Lotte Hotel Seoul, saying, "This year's efforts of solidarity and cooperation across society, including the government, policy financial institutions, and companies, to overcome the COVID-19 crisis will become a solid foundation for the Korean economy's leap forward," and vowed that the medium-sized enterprise sector will also contribute.

Chairman Kang highly praised the 'Innovative Small and Medium-sized Enterprise Growth Strategy' announced by the government on the 12th, emphasizing, "We must activate a new engine for the Korean economy through bold industrial policies centered on medium-sized enterprises."

Medium-sized Entrepreneurs Day is the largest annual event for the medium-sized enterprise sector since the enforcement of the 'Medium-sized Enterprise Act' in July 2014.

The ceremony was attended by Prime Minister Chung Sye-kyun, Na Seung-sik, Director General of Trade and Investment at the Ministry of Trade, Industry and Energy, and CEOs of medium-sized enterprises.

In his congratulatory speech, Prime Minister Chung said, "Amid the tectonic shifts brought by COVID-19, the need to transition to a 'jar-shaped economy' is reemerging," adding, "The government will support our companies' entry into global markets and their step-by-step growth, and systematically provide growth-stage ladders by focusing on nurturing next-generation innovative companies."

On this day, 53 medium-sized entrepreneurs who led innovative growth were awarded government honors.

The Order of Industrial Service Merit was awarded to Park Jinseon, CEO of Sempio Foods. Recognized for contributing to enhancing the nation's prestige by inheriting 74 years of fermentation technology tradition as the longest-standing domestic brand and striving for the globalization of traditional foods.

The Industrial Service Merit was awarded to Kim Sangcheol, Chairman of Hangul and Computer, and Nam Inbong, CEO of iMarketKorea, while the Presidential Citation was awarded to Choi Changyun, Executive Director of JNK Heater, among others.

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