Dongwon Group Receives 'Best Korean Company Award Selected by Management Scholars'
Contribution to Corporate Ecosystem and National Economic Development through Innovative Management
Dongwon Group announced on the 17th that it will receive the "21st Korea's Best Enterprise Award Selected by Management Scholars" at the 2023 Korea Academy of Management Convergence Conference held at BEXCO in Busan.
Dongwon Group explained that it was selected for the Korea's Best Enterprise Award in recognition of its contribution to the corporate ecosystem and national economic development for over half a century through innovative management that continuously expands its business.
Founded in 1969 as an offshore fishing startup, Dongwon Group has continuously expanded its business areas over the past 50 years from primary fisheries to secondary manufacturing and tertiary services, and has now grown into a global company encompassing fisheries, food, packaging materials, and logistics.
In this process, Dongwon Group has continued chain innovation by finding business links between current and future new businesses based on its own growth strategy called "Chain Innovation," including efficient mergers and acquisitions and bold governance restructuring.
Last year, Dongwon Group surpassed 9 trillion won in sales, the largest scale since its founding, and is promoting three major businesses?secondary battery materials, smart salmon farming, and smart ports?as the group's next-generation businesses.
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Kim Nam-jung, Vice Chairman of Dongwon Group, said in his acceptance speech, "The repetition of finding problems in the field and seeking solutions to solve them has become Dongwon's growth DNA called Chain Innovation," adding, "This award is an order not to stop efforts for growth, so we will pursue sustainable innovation and build a company that contributes to society."
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