SPC Group Launches Support for Neighbors in Need with 'Muan Onion Bread'

At the 'Muan Onion Bread Sharing Event to Promote Onion Consumption' held on the 11th at the NongHyup Central Association headquarters in Jung-gu, Seoul, attendees are taking a commemorative photo. From the left in the photo: Bae Jeong-seop, Chairman of Jeonnam Southwest Vegetable NongHyup Cooperative; Yoo Chan-hyung, Vice Chairman of NongHyup Central Association; Seo Sam-seok, Member of the National Assembly; Hwang Jae-bok, CEO of SPC Group; Lee Seong-hee, Chairman of NongHyup Central Association; Kwon Joon-hak, President of NH NongHyup Bank; Noh Eun-jun, Chairman of Muan NongHyup Cooperative. Photo by SPC Group

[Asia Economy Reporter Seungjin Lee] SPC Group's 'Muan Onion Bread,' created to support onion farmers in Muan, will also be used to assist underprivileged groups.

On the 11th, SPC Group announced that it will participate in the 'Muan Onion Bread Sharing Event to Promote Onion Consumption' organized by the National Agricultural Cooperative Federation (NACF).

On this day, at the NACF headquarters in Jung-gu, Seoul, Hwang Jaebok, CEO of SPC Group, Lee Seonghee, Chairman of NACF, and Seo Samsuk, Member of the National Assembly (Jeonnam Yeongam-Muan-Shinan District, Agriculture, Forestry, Livestock, Food, and Maritime Affairs Committee), discussed ways to revitalize onion consumption and shared their commitment to supporting farmers through a non-face-to-face campaign.

Through this event, NACF will distribute approximately 100,000 units of four types of Paris Baguette’s 'Muan Onion Bread,' launched by SPC Group after signing a 'Win-Win Agreement for Onion Consumption Activation' with Muan County, Jeollanam-do in June, to neighbors in need and COVID-19 quarantine volunteers via 202 NACF Bank branches.

SPC Group has previously signed memorandums of understanding (MOUs) with local farms and developed and launched various products using purchased agricultural products. It has also established a virtuous cycle of coexistence by donating part of the sales proceeds to local scholarships.

Hwang Jaebok, CEO of SPC Group, said, "It is especially meaningful that 'Muan Onion Bread,' introduced to alleviate the difficulties of onion farmers, is extending to community support activities through NACF. We will continue to carry out ESG management activities that spread and expand the value of coexistence."

Meanwhile, since 2012, SPC Group has signed MOUs with local farms such as Yeongcheon mini apples, Gangjin paprika, and Jinju strawberries, releasing related products. In January 2014, it signed the 'Happy Win-Win Growth Agreement' with the Ministry of Agriculture, Food and Rural Affairs to purchase 1 trillion KRW worth of domestic agricultural and livestock products, continuously striving for coexistence with farms. Since last year, SPC Group has been conducting the 'Happy Coexistence Project' to support farms struggling due to COVID-19, continuing its win-win efforts by assisting farms such as the potato farms in Pyeongchang County, Gangwon-do; carrot farms in Gujwa, Jeju-do; strawberry farms in Nonsan-si; and onion farms in Muan County, Jeollanam-do.

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