Reporter Lee Jung-wook: firstname.lastname@example.org
Registration 2022.04.27 17:12:16
▲ On the 27th, KAMCO President Kwon Nam-joo (third on the right) visited a rental program support company after purchasing assets, held an on-site meeting, and took a commemorative photo.[Picture = CAMCO]
(Tax Financial Newspaper = Lee Jung-wook) On the 27th, KAMCO President Kwon Nam-joo visited "Jungwoo E&E," a company supported by "Sale & Lease Back" and announced that he would strengthen on-site management.
President Kwon, who visited the company on the same day, held an on-site meeting with officials on the spot. At the meeting, President Kwon listened to the difficulties and suggestions of small and medium-sized companies in person and had a casual conversation about whether the support system was blind and the need for additional support.
Jungwoo E&E is a small and medium-sized company with core technologies related to the design and production of vacuum heat pipes used in LNG fuel propulsion ships. However, it had difficulty raising operating funds for research and development and production of new products, and in September 2020, KAMCO asked for help.
In response, KAMCO helped improve its financial structure by providing operating funds to companies on the condition of repurchasing factories through rental programs after purchasing assets. It also supported stable business activities of companies by renting factories.
"We were able to recover our financial soundness and overcome the liquidity crisis through new funds supported by KAMCO," a Jungwoo E&E official said. "Thanks to additional cuts in rent, we are smoothly pushing for normalization of management despite difficult situations due to COVID-19 and rising raw material prices."
President Kwon said, "We will strengthen the role of rental programs after purchasing assets, focusing on the opinions shared at this meeting," adding, "We will continue to find answers in the field to provide practical help to small and medium-sized companies."
[Tax Finance Newspaper (tfmedia.co.kr) prohibited unauthorized reproduction and redistribution]