Visiting External Partners to Provide Technical Guidance
HD Hyundai Heavy Industries announced on the 26th that it recently held a meeting with in-house partner companies, presided over by CEO No Jin-yul.
HD Hyundai Heavy Industries stated, "Representatives of partner companies candidly expressed their opinions on various support policies of HD Hyundai Heavy Industries," adding, "They requested active support to help the recently increased number of foreign workers adapt well to Korea and the company."
This meeting was organized to share the business conditions and management status of HD Hyundai Heavy Industries' major business sectors such as shipbuilding, engines, and special ships with partner companies, and to listen to and communicate various opinions and suggestions from the partners.
HD Hyundai Heavy Industries plans to hold a total of 31 meetings with all 171 partner companies in the production sector by early July.
No Jin-yul, President of HD Hyundai Heavy Industries, and representatives of in-house partner companies attending the meeting [Photo by HD Hyundai Heavy Industries]
CEO No Jin-yul stated that he will strive to resolve the difficulties of partner companies by preparing support measures that are more practical and helpful for overall partner company management, including foreign workforce management and autonomous safety management.
To stabilize the management of in-house partner companies, HD Hyundai Heavy Industries has steadily increased the unit price of progress payments (construction payments made to partner companies) over the past several years. Various management support funds are also provided. This year, an escrow account system was introduced to prevent wage arrears for partner company workers.
On the 26th, CEO No Jin-yul personally visited Myeongjin TSR Unyang 1 Plant in Sangbuk-myeon, Ulju-gun, Ulsan, providing technical guidance and actively communicating with external partner companies as well.
No Jin-yul, President of HD Hyundai Heavy Industries, is providing on-site technical guidance on the 26th during a visit to an external partner company in Ulju-gun, Ulsan. [Photo by HD Hyundai Heavy Industries]
This visit followed HD Hyundai Heavy Industries' signing of a 'Total Solution Support Business Agreement' with 40 external partner companies on the 18th of this month. Experts from various departments including safety, win-win growth, and assets, along with CEO No Jin-yul, provided technical guidance and support in diverse areas such as on-site safety management techniques, equipment condition diagnosis, workforce management, and job training.
HD Hyundai Heavy Industries plans to conduct sequential on-site visit support for other external partner companies that have signed the agreement. The company is expanding support for external partner companies, including safety support for small-scale external partners with fewer than 50 regular employees.
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