MRO Included in MSCI Global Small Cap Index
Emro, the No.1 AI-based supply chain management software company in Korea, has been newly included in the Morgan Stanley Capital International (MSCI) Global Small Cap Index.
The MSCI index is a global stock index published by the U.S. investment bank Morgan Stanley and is used as a key investment benchmark for global funds. MSCI announced the results of its regular index review in August, U.S. local time. A total of 31 Korean companies, including Emro, were newly added to the Global Small Cap Index. The actual index inclusion took effect after the market close on August 31.
Emro is leading the domestic supply chain management software market based on digital new technologies such as AI and cloud, showing continuous growth by achieving the highest-ever first half performance this year. It also has strong global business expansion potential, developing an integrated supply chain management SaaS platform for overseas market entry together with Samsung SDS and the U.S. company o9 Solutions.
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An Emro representative said, "As the MSCI index serves as a key benchmark for many passive funds and foreign investments, we expect foreign investment in Emro to increase, which will have a positive effect on medium- to long-term supply and demand."
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