POSCO Group Donates $1 Million in Relief Funds for Turkey Disaster Victims
"No Direct Harm to Employees"
[Asia Economy Reporter Oh Hyung-gil] POSCO Group announced on the 9th that it will donate $1 million to the Korean Red Cross for emergency relief for the earthquake victims in Turkey.
A POSCO Group official said, "Many casualties occurred due to the earthquake in Turkey, and the cold winter weather is making recovery difficult," adding, "We will participate in prompt relief efforts."
POSCO Group operates a stainless steel cold-rolling production corporation (POSCO ASSAN), a processing center (POSCO-TNPC), and POSCO International's Istanbul branch in Turkey.
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The official added, "All local offices in Turkey are located far from the epicenter of this earthquake, so it is understood that no employees were harmed. However, some local employees have relatives who were affected, so we are providing special leave to those employees and supporting relief supplies."
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