Chairman Choi Jung-woo Declares Determination to Build the World's Strongest POSCO at Park Tae-joon 10th Anniversary Memorial Ceremony

POSCO Executive Attends Memorial Ceremony for the 10th Anniversary of Honorary Chairman Park Tae-joon's Passing

[Asia Economy Reporter Hwang Yoon-joo] Choi Jung-woo, Chairman of POSCO Group, declared that the company will stand tall as a century-old enterprise on the 10th anniversary of the passing of Honorary Chairman Park Tae-joon.

On the morning of the 13th, at the National Seoul National Cemetery in Dongjak-gu, Seoul, Chairman Choi said, "To create a greater POSCO, the world's strongest POSCO, we will boldly continue to move forward."

Honorary Chairman Park Tae-joon was the founding chairman of POSCO and its spiritual pillar. The management philosophy of 'Steelmaking for the Nation,' which has guided POSCO for the past 50 years, is also a phrase that runs through Korea's industrialization. In 2018, the 50th anniversary of its founding, POSCO declared 'Corporate Citizenship for Shared Growth as its new management philosophy.

Chairman Choi self-assessed, "We have been selected as the most competitive steel company in the world for 12 consecutive years by actively responding to various environmental changes such as the COVID-19 pandemic and climate change, and this year we are on the verge of achieving the highest operating profit in history."

He added, "I believe that when the spirit of corporate citizenship, which aims to grow together, merges with our beautiful traditions of challenge and creative culture, we can grow into the world's strongest POSCO that you wished for. All executives and employees are putting their utmost effort in today as well."

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