PR Center

Overview

HYUNDAI STEEL’s Shared Growth Promotion Policy

Companies can create greater value when they cooperate, communicating with and supporting one another. Under the notion that strong partnerships with our partner companies are the key to shared growth, Hyundai Steel actively supports its partner companies in reinforcing their competitiveness in technology, accounting, and training. Hyundai Steel will build up an organic partnership to promote coexistence and co-prosperity with partner companies in continuing its win-win management, which is designed to ensure the growth and viability of all partners.

Partnership, the Driving Force of Growth

While we believe that strong partnerships with partner companies are a prerequisite for shared growth, we understand the significance of cooperation and communication in generating greater value through partnerships. As a result, we are operating numerous exchange activities and support programs for strengthening partnerships with the employees of our partner and client companies.

Pursuing Long-Term Coexistence through Partner Company Support Programs

HYUNDAI STEEL runs various support programs, including financial soundness, improvement of payment conditions, joint technological development, and enhancing capabilities, for win-win partnerships with its partner companies. We have completed the framework for win-win partnerships by building up a shared growth support system within the company to introduce and comply with four subcontracting guidelines. The win-win partnership systematic programs include support in financing, more favorable payment conditions and deadlines, technology, training, HR management, joint recruitment, as well as periodic meetings with partner companies.