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Sangjin Cable Selected as a Global Small Giant in Chungbuk Korean cable manufacturer Sangjin Electric Wire
Jul 27, 2022, 04:50
Sangjin Cable, a Korean insulated eletric cable manufacturer, has been designated as a global small giant in Chungcheongbuk-do.
The Chungbuk Provincial Small and Medium Venture Business Administration, along with Chungcheongbuk-do and the Chungcheongbuk-do Business Promotion Agency, designated and announced 10 promising export SMEs in the province to lead the global market.
The criteria for designating a global small and medium-sized company is a project to discover export SMEs with innovative and growth potential and foster export leading companies and regions as representative companies.
This is a project carried out in cooperation with the Ministry of SMEs and Startups and local governments.
For the companies that applied for the recruitment notice earlier this year, the final 10 companies were selected through presentation and on-site evaluation together with the Chungcheongbuk-do Provincial Office, the Chungbuk Business Promotion Agency, and the Chungbuk Small and Medium Business Administration.
Selected companies can receive customized package support such as preferential treatment for business participation such as R&D and overseas marketing support for the next four years.
The head of the Chungbuk Small and Medium Business Administration confidently said, “We will strengthen the system and provide intensive support so that the designated companies can grow into world-class and global leading companies.”
Meanwhile, Sangjin Cable, a Korean cable manufacturer selected as a global small giant, aims to develop overseas markets by reinforcing overseas sales personnel and diversifying sales channels.
It is a strategy to find a way to grow into a medium-sized company through exports as a small and medium-sized company in the cable industry. Sangjin Cable is targeting emerging markets and has set out to solidify its position in the global market with India, Brazil, Indonesia, Myanmar, Uzbekistan, and Kazakhstan.
For more information on Sangjin Cable, please visit http://www.sangjincable.com
Contact : Tel. +82-2-492-4975 / sangjin@sangjincable.com
Related Link : http://www.sangjincable.com
HANMIR Writer
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focuses on small-medium sized enterprises in South Korea.
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