POSCO Press Releases

POSCO opens Global Growing Center
Jun. 23, 2011
- By Park Ji-min

POSCO recently opened Global Growing Center in Indonesia, which will help small- and mid-size companies grow with large businesses and pioneer new overseas channels.

The Global Growing Center, located at the office of the PT Krakatau POSCO project field site in Cilegon, will provide work space for SME suppliers to share local business information and support joint growth of small and large businesses. POSCO celebrated the opening by hosting an opening ceremony on June 16, which was attended by Ambassador Kim Youngsun, Director Lee Jeong-hwa of SMBA, General Manager Lee Wan-hee of SBC, Executive Director Lee Young-suk of Woojin Electro-Nite, President Cho Kyu-chul of BHI Indonesia, Managing Director Kim Dong-ho of PT Krakatau POSCO, Senior Vice President Kim Deok-ryul of POSCO E&C and many other leading figures representing the government and business circles.

``We thank POSCO for opening the center. I hope all of us here will spread the word, so that many SMEs can use the services and facilities provided by the center,`` said Ambassador Kim Young-sun in his congratulatory remarks.

The Global Growing Center will provide office space for Korean SMEs in Indonesia and provide local business information, helping SMEs pioneer new sales channels. Any Korean SME can use the center, including companies without POSCO business ties. The opening of the center is both timely and significant, considering that Korean SMEs are aggressively seeking overseas sales channels, moving away from their domestic market base.

POSCO is planning to open growing centers in other countries to support SMEs in opening various overseas channels.

Participants at the event also helped make emergency aid kits to be distributed to earthquake victims as part of POSCO`s social corporate responsibility activities.


- POSCO opens a business center in Indonesia, which will help SME suppliers grow with large businesses and pioneer new overseas channels.