Lotte Engineering & Construction Rewards 92 Outstanding Partners... Significantly Expands Safety Category

"2026 Outstanding Partner Awards Ceremony" Held
Priority Negotiation Rights, Financial Support, and More Provided

Lotte Engineering & Construction has selected and rewarded 92 partner companies that achieved outstanding results in on-site safety and quality management. The selected companies will receive cash prizes, priority negotiation rights for contracts, financial support, and expanded bidding opportunities.

Lotte Engineering & Construction announced on the 28th that it held the "2026 Outstanding Partner Awards Ceremony" at the Le El Castle Gallery in Gwangjin-gu, Seoul, to express gratitude to partner companies who made their best efforts in on-site safety, quality, and adherence to construction periods. The Outstanding Partner Awards Ceremony is an annual event where Lotte Engineering & Construction evaluates its partner companies and recognizes those who have contributed to the operation of construction sites.

Oilgeun, CEO of Lotte Construction, inspecting the safety and health management status at the construction site of 'Changgyeonggung Lotte Castle Signature' on January 29th. Lotte Construction

This year, a total of 92 companies were selected in four categories: 75 for construction, 10 for safety, 3 for customer service (C/S), and 4 for quality. Among them, the three grand prize winners will be given priority negotiation opportunities for future contracts. Each of the eight top partner companies will receive a prize of 30 million won, while each of the 81 outstanding partner companies will receive a prize of 5 million won.

Business support benefits will also be provided. Lotte Engineering & Construction plans to offer these companies exemptions from contract performance bonds, interest-free loans, financial support such as the Co-Prosperity Fund, and expanded bidding opportunities.

This year, Lotte Engineering & Construction increased the number of outstanding safety partners from six last year to ten. In the second half of the year, the company also plans to select and reward an additional ten partner companies with excellent safety management performance.

Oilkeun, CEO of Lotte Engineering & Construction, said, "I deeply appreciate the dedication of our partner companies who have quietly done their best despite the challenging business environment," and added, "We will continue to work together with our partners to improve safety and quality."

Meanwhile, Lotte Engineering & Construction also plans to implement a financial support program to help relieve the burden on partner companies caused by rising international oil prices and major raw material costs.

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