KOFME Management Advisory Committee Launched to Support Sustainable Growth of Medium-sized Enterprises

First Meeting Held on the 27th
Discussion of Policy Issues for Overcoming the Complex Economic Crisis in the Medium-Sized Enterprise Sector

The highest-level advisory body for medium-sized enterprises, designed to support their sustainable growth, has been launched.

The Korea Federation of Medium-sized Enterprises announced that it held the '2025 Korea Federation of Medium-sized Enterprises Management Advisory Committee 1st Meeting' at the Shilla Hotel Seoul on the 27th. During the meeting, participants shared their understanding of key issues such as sustainable growth, corporate governance, and the labor market, focusing on the policy direction of the new government, and sought reasonable improvement measures.

The 'Management Advisory Committee' is an advisory body established to strengthen the representativeness and execution capabilities of the Korea Federation of Medium-sized Enterprises (KOFME), a statutory economic organization representing medium-sized enterprises. It was established last year through discussions among the senior vice chairmen and a resolution of the board of directors. The committee consists of approximately 15 members, including the chairperson, who are appointed from among the senior vice chairmen of KOFME. The term is one year and can be renewed.

Joomoonsoo, Chairman of Korea Carbon (from the left), Ildong Park, Chairman of Disec, Seyong Lee, Chairman of Ilnatech, Jinsik Choi, Chairman of Korea Federation of Medium-sized Enterprises, Jinseon Park, President of Sempio Foods, and Cheolju Hwang, Chairman of Juseong Engineering, are posing for a commemorative photo.

At the regular meetings held every year in the first and second halves, the committee will review internal issues of KOFME, including business and budget matters. In addition, high-ranking policy officials from relevant ministries and members of the National Assembly from both the ruling and opposition parties will be invited to discuss responses to current issues and long-term directions for legal and institutional innovation.

Attendees at the first meeting included Jinsik Choi, Chairman of KOFME; Seyong Lee, Chairman of Ilnatech; Jinseon Park, President of Sempio Foods; Ildong Park, Chairman of Disec; Joomoonsoo, Chairman of Korea Carbon; Cheolju Hwang, Chairman of Juseong Engineering; and Hojun Lee, Standing Vice Chairman, as well as other executives from the secretariat.

Seyong Lee, the committee chair, stated, "In this era of global industrial paradigm shifts, medium-sized enterprises are the key players in maintaining and strengthening the long-term competitiveness of our industry, based on their unique technological capabilities and entrepreneurial spirit for innovation." He added, "Through the deliberations of the Management Advisory Committee, we will select core tasks to drive the sustainable growth of medium-sized enterprises and actively promote rational discourse on the need for improvements in laws, systems, and policies."

Jinsik Choi, Chairman of KOFME, said, "The experience and insight of medium-sized enterprise leaders, who have achieved continuous success over a long period, are invaluable assets that can expand the foundation for both innovation in traditional manufacturing and the development of advanced industries." He continued, "By maximizing the collective intelligence of the Management Advisory Committee as the highest advisory and deliberative body for medium-sized enterprises, we will seek a new path for the development of the Korean economy and industry that ensures prosperity not only for a specific group of companies, but for all small, medium, and large enterprises, as well as for both present and future generations."