Petroleum Management Service Launches Corporate Growth Response Center... Resolving Regulations and Difficulties for SMEs and Mid-sized Companies

The Korea Petroleum Management Service announced on the 10th the launch of the Corporate Growth Response Center to resolve regulations and difficulties restricting small and medium-sized enterprises (SMEs) and mid-sized companies and to support their innovative growth.

The Corporate Growth Response Center is a dedicated communication channel for companies that continuously identifies and improves unreasonable regulations, systems, and practices to create an environment where SMEs and mid-sized companies can grow.

To enhance companies' accessibility for reporting, the Corporate Growth Response Center operates both online and offline. Online reports can be submitted through the Korea Petroleum Management Service website. A dedicated communication channel for companies has also been established at the Korea Petroleum Management Service headquarters.

Additionally, if legislative amendments are necessary or if the issues are related to government policies, the center will actively collaborate with the Small and Medium Business Ombudsman operated by the Ministry of SMEs and Startups to discuss and resolve the issues.

Through the launch of the Corporate Growth Response Center, the Korea Petroleum Management Service plans to continuously improve and help resolve the difficulties faced by companies working in the petroleum sector amid economic challenges such as high oil prices and inflation, aiming to revitalize the stagnant petroleum industry.

Cha Dong-hyung, Chairman of the Korea Petroleum Management Service, stated, "We will listen carefully to every voice of companies and strive to create a business-friendly environment by actively utilizing the infrastructure and expertise possessed by the Korea Petroleum Management Service to promptly resolve unreasonable regulations."