S-Tech Co., Ltd. Located in Gwangyang City, Wins 'Encouragement Award' in Corporate Category of Jeonnam Population Policy Evaluation

Recognized for Potential in Job Creation and Population Influx Expansion in the Corporate Sector

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Gwangyang City announced on the 11th that local small and medium-sized enterprise Estec Co., Ltd. (CEO Ra Byung-ryul) received the Encouragement Award in the corporate category at the Jeollanam-do City and County Population Policy Evaluation.

This year's 'Jeollanam-do Excellent Villages and Corporate Evaluation for Population Policy' awards outstanding villages and companies in the province that actively participated in population policies, comprehensively evaluating excellent cases of overcoming population issues and population and employment growth rates.

Estec Co., Ltd. achieved an average annual employment rate increase of 7.7% by hiring local talent, and received high marks for the potential to expand population inflow by announcing 'Every Wednesday is an early leave day for all employees' as an excellent family-friendly case.

CEO Ra Byung-ryul said, "We are grateful for the generous support from Gwangyang City and Jeollanam-do for fostering small and medium-sized enterprises," adding, "We will continue to actively participate in population policies to support the inflow and settlement of the younger generation."

Chosunmi, Director of Strategic Policy, stated, "We will analyze this year's achievements well and strive to have more companies participate next year," and added, "We ask for much interest in population policies from companies and villages as well."

Meanwhile, Estec Co., Ltd., a small and medium-sized enterprise established in 2017 in Chonam Industrial Complex, Gwangyang-eup (with 28 employees), was designated as a Jeollanam-do Small Giant Company last year and was selected as a promising company in Jeonnam this year.