Hyundai Wia Steps Up to Help Families of Traffic Accident Victims... Donates a Total of 55.5 Million KRW

Support for Children Who Lost Parents in Traffic Accidents

[Asia Economy Reporter Yoo Je-hoon] Hyundai Wia has joined forces with the Korea Transportation Safety Authority to support families affected by traffic accidents.

Hyundai Wia announced on the 1st that it held a 'Traffic Accident Victims' Children Sponsorship Fund Delivery Ceremony' at its headquarters in Changwon, Gyeongnam on the 31st of last month. At the ceremony, Hyundai Wia donated a total of 55.5 million KRW to the Hope VORA organization through the Transportation Safety Authority.

Hope VORA plans to use the funds received from Hyundai Wia to help children who lost their parents in traffic accidents become self-reliant.

Hyundai Wia raised the entire donation amount together with its employees. From April, over two months, they conducted a 'Walking Together with Employees' campaign, aiming to reach a combined distance of 555,000 km through walking, running, and cycling. To commemorate the early achievement of the campaign goal by employees, Hyundai Wia decided to donate 100 KRW per kilometer, raising a total of 55.5 million KRW.

Considering its nature as an automobile parts company, Hyundai Wia decided to use the funds raised with its employees to support families of traffic accident victims. In particular, the funds will be given to children who lost their parents in traffic accidents but have not been able to deposit money into their self-reliance accounts and thus have not received government matching support. Hyundai Wia plans to continuously accumulate its sponsorship funds along with government matching support to help these children build assets once they reach adulthood.

A Hyundai Wia official said, "It is especially meaningful that we can help families of traffic accident victims with funds raised through employee participation," adding, "As an automobile parts company, we will strive to be a warm company that supports neighbors suffering from traffic accidents."

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