Kim Seongseop Congratulates Kang Hwansu on Inauguration as New President of Korea Federation of SMEs
Deputy Minister Attends Ceremony, Emphasizes Support for SME Cooperation and Innovation

The Ministry of SMEs and Startups announced that Deputy Minister Kim Seong-seop attended the inauguration ceremony of the new president of the Korea Federation of SMEs held at Lotte City Hotel in Yuseong-gu, Daejeon on the 26th.


The Korea Federation of SMEs was established to promote technological convergence and pioneer new industries based on exchange and cooperation among companies from various sectors. It is a federation representing 13 regional SME convergence associations with over 7,700 member companies nationwide.

Kim Seong-seop, Vice Minister of the Ministry of SMEs and Startups (fourth from the left), is taking a commemorative photo with officials at the 'Inauguration Ceremony of the President of the Korea Federation of Small and Medium Business' held on the 26th at Lotte City Hotel Daejeon. Photo by the Ministry of SMEs and Startups

Kim Seong-seop, Vice Minister of the Ministry of SMEs and Startups (fourth from the left), is taking a commemorative photo with officials at the 'Inauguration Ceremony of the President of the Korea Federation of Small and Medium Business' held on the 26th at Lotte City Hotel Daejeon. Photo by the Ministry of SMEs and Startups

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Kang Hwan-su, who was inaugurated as the 14th president of the Korea Federation of SMEs, is the CEO of Deoksan Cotran, a company manufacturing industrial cooling and air conditioning equipment based in Daegu. His term as president is three years, until February 2028.



At the inauguration ceremony, Deputy Minister Kim Seong-seop said in his congratulatory speech, “The exchange activities among companies promoted by the 13 regional associations nationwide centered on the Federation play a very important role in creating new opportunities through collaboration and convergence beyond the limitations of individual companies,” and “The Ministry of SMEs and Startups will actively support cooperation and open innovation among small and medium enterprises and will spare no policy efforts to help companies grow together.”


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

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