Shindonga Construction, New Year Order and Safety Prayer Ceremony... "Strengthening Internal Management"

Employees of Shindonga Construction are taking a commemorative photo after completing the contract and safety prayer ceremony. (Photo by Shindonga Construction)

[Asia Economy Reporter Kim Hyemin] Shindonga Construction announced on the 9th that more than 80 executives and employees, including President Jin Hyun-gi, held a contract and safety prayer ceremony at Jukdojeong in Yangyang-gun, Gangwon-do.

Marking its 46th anniversary this year, Shindonga Construction has set its New Year's management policy as "solid management" and decided to focus on risk management through financial structure improvement and organizational capability enhancement.

The company plans to reorganize the portfolio of its existing core businesses to advance a profitability-oriented business model such as design competitions and technical bidding, and improve its financial structure through thorough profit and loss management at each site. At the end of last year, it undertook a major organizational restructuring to improve its constitution, simplifying and standardizing work processes at the organizational unit level, while also focusing on performance rewards and discovering outstanding talent.

Furthermore, aiming to achieve "zero major accidents at all sites," the company is strengthening safety and health management activities. To this end, it has installed smart systems such as heavy equipment approach alarm systems and form lifting notification systems, and regularly conducts on-site safety inspections by the CEO in charge of safety and health.

This year, the company plans to sequentially supply a total of about 2,000 households, including block-type detached houses in Songsan Green City, Wolhari apartments in Sejong City, and AA32 block in Geomdan, Incheon.

President Jin Hyun-gi stated, "This year is more important than ever for securing the company's liquidity," adding, "We will use this opportunity to strengthen internal cohesion once again by solidifying our foundation through stable financial structure and efficient organizational management."

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