Donation of 60 Million Won in Scholarships to the Cargo Welfare Foundation

Seo Jeong-gyu, Head of Domestic Sales at S-OIL (right), is holding a scholarship award ceremony with Choi Kwang-sik, Chairman of the Cargo Welfare Foundation, for the children of cargo truck drivers who were victims of traffic accidents, and they are taking a commemorative photo. Photo by S-OIL

Seo Jeong-gyu, Head of Domestic Sales at S-OIL (right), is holding a scholarship award ceremony with Choi Kwang-sik, Chairman of the Cargo Welfare Foundation, for the children of cargo truck drivers who were victims of traffic accidents, and they are taking a commemorative photo. Photo by S-OIL

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On the 17th, S-OIL donated a total of 60 million KRW in scholarships to the Cargo Welfare Foundation for the children of cargo truck drivers who have been victims of traffic accidents.


Since 2015, S-OIL has been providing tuition support to the children of cargo truck drivers who have suffered from traffic accidents, aiming to help stabilize the economic and psychological well-being of families facing hardships due to unexpected accidents during work, recognizing them as unsung heroes of South Korea's economic development. Over the past nine years, a total of 350 million KRW in scholarships has been awarded to 319 students. The Cargo Welfare Foundation is a non-profit organization established in 2010 to improve the welfare of cargo truck drivers.



An S-OIL representative stated, "When the head of a household who relies on driving for their livelihood suffers from a traffic accident, not only the driver but also their family faces significant difficulties." They added, "S-OIL will continue to encourage cargo truck drivers and support the children of families experiencing economic hardship so they can focus on their studies with stability, fulfilling our role as a socially responsible company."


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