Most Popular
-
1
Seoul vows action over Naver's Line, Yahoo dispute
-
2
[KH Explains] Hyundai Motor’s plan for new landmark keeps hitting bumps
![[KH Explains] Hyundai Motor’s plan for new landmark keeps hitting bumps](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/13/20240513050626_0.jpg&u=20240513192803)
-
3
Key S. Korean, USFK special operations officials to hold rare meeting amid NK threats
-
4
Samsung doubles down on Vietnam
-
5
In Beijing, S. Korean top diplomat aims to jumpstart ties with China
![[KH Explains] Hyundai Motor’s plan for new landmark keeps hitting bumps](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/13/20240513050626_0.jpg&u=20240513192803)
-
6
[Grace Kao] American racism against Stray Kids
![[Grace Kao] American racism against Stray Kids](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/13/20240513050827_0.jpg&u=)
-
7
Suspect behind murder of Korean tourist in Pattaya arrested
-
8
Prosecutors summon pastor involved in Dior bag scandal
-
9
NewJeans' members' parents complained to Hybe, email shows
-
10
[Graphic News] Over 80% of people filing bankruptcy in Seoul in their 50s and older
![[Graphic News] Over 80% of people filing bankruptcy in Seoul in their 50s and older](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/12/20240512050205_0.gif&u=)
![[Grace Kao] American racism against Stray Kids](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/13/20240513050827_0.jpg&u=)
![[Graphic News] Over 80% of people filing bankruptcy in Seoul in their 50s and older](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/12/20240512050205_0.gif&u=)
Hyundai Glovis raises W50b to support partners, workers
By Korea HeraldPublished : Oct. 24, 2017 - 15:51
Hyundai Glovis, the logistics unit under Hyundai Motor Group, created a fund worth 50 billion won ($44 million) to support its partner companies and workers, the company said Tuesday.
Hyundai Glovis plans to spend 23 billion won to secure safety measure and the welfare of the workers in the logistics industry, while spending 20 billion won to financially support its small- and mid-sized partner companies.
Hyundai Glovis plans to spend 23 billion won to secure safety measure and the welfare of the workers in the logistics industry, while spending 20 billion won to financially support its small- and mid-sized partner companies.
Meanwhile, Hyundai Glovis also plans to expand the Foundation of Korea Logistics Industry Promotion’s budget to 7 billion won by 2020, the company said.
The Foundation of Korea Logistics Industry Promotion is a nonprofit making corporations founded by Hyundai Glovis in 2013, to support small- and mid-sized logistics companies.
“Hyundai Glovis will try to promote various programs that can foster relationship with partnering companies, as well as workers,” said Hyundai Glovis CEO Kim Kyung-bae.
-
Articles by Korea Herald
