SUNBO Industries: Outstanding Company for Employment in Busan
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- Increased Recognition in the Local Community as a Leading Company
SUNBO Industries was selected as an outstanding company for employment in Busan for 2020.
The Busan Outstanding Company for Employment certification project was first introduced in 2010 to encourage private companies to expand employment and create jobs. The project identifies and supports companies that have demonstrated increased investment over the past three years and have also shown a significantly increased employment rate. This year, 39 companies applied to be recognized as an outstanding company for employment, and after an initial assessment and subsequent field survey, fifteen companies, including SUNBO Industries, were selected as outstanding companies for employment by the expert committee on May 13.
Companies selected as outstanding companies for employment receive various grants and benefits includinga certificate and plaque, 40 million won for improving the working environment, reduction of real estate acquisition tax for the acquisition of new businesses, exemption for local tax. One city official who attended the awards ceremony explained that “we will do our best to restore economic vitality and continue to grow local businesses by combining the power of Busan, companies, and the government.”
Despite difficult economic conditions both internally and externally, SUNBO has worked hard to increase employment and improve the welfare of our employees. This award recognizes these efforts and as such as great significance. SUNBO will continue to play a significant role as a leader and example for other SMEs in the region, while striving to further develop the shipbuilding industry, stabilize employment in Busan and continue to develop the region.