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Busan Metropolitan City Selects 15 Companies as “Excellent Job Creators of 2025”

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Busan Metropolitan City, in cooperation with the Busan Economic Promotion Agency, announced that 15 companies have been selected as “Excellent Job Creators of 2025” in recognition of their efforts to generate employment despite challenging economic conditions, including high interest rates and inflation.

Since 2010, Busan Metropolitan City has annually designated “Excellent Job Creators” to encourage employment expansion and promote a job creation-friendly environment. Including this year’s selections, a total of 305 companies have received this designation to date.

Eligible applicants included companies operating in all industrial sectors, such as manufacturing and services, that are headquartered and have their main business premises in Busan, and have been operating normally for more than three years. As of the end of 2024, companies must have achieved an increase in the number of full-time employees over the past three years, with thresholds as follows:

• ●Companies with 300 or more employees: increase of at least 20 employees

• ●Companies with 100 to 299 employees: increase of at least 15 employees

• ●Companies with fewer than 100 employees: increase of at least 10 employees

Through a public call for applications in February, Busan Metropolitan City received submissions from 64 companies. After a document review, on-site evaluations, and final screening by the selection committee, 15 companies were ultimately selected.

By company size:

• ●Companies with over 300 employees:

• ○Leaders Loss Adjusters Co., Ltd. (CEO Ha Jun-yang)

• ○Centum Medical Foundation (CEO Park Jong-ho)

• ○Korean Register (President Lee Hyung-chul)

• ●Companies with 100 to 299 employees:

• ○ILJU GNS Co., Ltd. (CEO Kim Jung-yeop)

• ○Jimcarry Co., Ltd. (CEO Son Jin-hyun)

• ○THK Company Co., Ltd. (CEO Shin Jong-ho)

• ●Companies with fewer than 100 employees:

• ○Good Trust Co., Ltd. (CEO Park Young-geun)

• ○The Chanyu Co., Ltd. (CEO Cho Young-dong)

• ○Drive Force Co., Ltd. (CEO Yoon Sung-sik)

• ○Deliverd Korea Co., Ltd. (CEO Kim Jong-ik)

• ○Manmanhan Inc. (CEO Jang Chul-ho)

• ○Bright Trade Co., Ltd. (CEO Lee Byung-chul)

• ○J Solution Co., Ltd. (CEO Jang Hong-seok)

• ○Geoview Co., Ltd. (CEO Kim Hyun-do)

• ○KC Co., Ltd. (CEO Son Young-tae)

By industry, six companies are in manufacturing and nine in service or other non-manufacturing sectors.

Designated companies will receive the following incentives:

• ●Certificate and plaque of recognition

• ●A 40 million KRW subsidy for improving working conditions

• ●Exemption from acquisition tax on newly acquired business-use real estate

• ●Grace period for local tax audits

The designation is valid for three years.

The certificate awarding ceremony is scheduled for today (June 27) at 11:00 AM in the main conference room on the first floor of Busan Metropolitan City Hall. Mayor Park Heong-joon and representatives of the 15 designated companies, totaling around 40 participants, will attend the event.

Overview of the 2025 Excellent Job Creators Certificate Awarding Ceremony

• ●Date and Time: Friday, June 27, 2025, 11:00–11:45 AM

• ●Venue: Main Conference Room, 1st Floor, Busan Metropolitan City Hall

• ●Participants: Mayor, company representatives, approximately 40 attendees

• ●Main Agenda: Presentation of certificates to 15 designated companies and remarks from awardees

Meanwhile, driven by the efforts of local companies in creating jobs, employment indicators in Busan have steadily improved, reaching record highs.

According to data released by Statistics Korea on June 11, the employment rate for residents aged 15 to 64 in Busan in May stood at 68.3%, a 2 percentage point increase compared to the same month last year. This figure has narrowed the gap with the national average of 70.5%. The overall employment rate for those aged 15 and over reached 59.0%, surpassing the previous record high of 58.8% set during the World Cup and Asian Games boom in July and September 2002.

The number of employed persons in Busan reached 1.716 million in May, continuing a four-month streak of increases. The number of full-time employees also approached 1 million, repeatedly setting new record highs.

• ●Number of employed persons in Busan (thousand):
  (Jan) 1,637 → (Feb) 1,679 → (Mar) 1,699 → (Apr) 1,709 → (May) 1,716

• ●Number of full-time workers in Busan (thousand):
  (Jan) 974 → (Feb) 982 → (Mar) 985 → (Apr) 994 → (May) 998

Mayor Park Heong-joon stated,
“We are deeply grateful to the companies that have continued to create and sustain jobs despite the difficult economic climate. Busan Metropolitan City will continue to identify and support companies that contribute to regional economic development through quality job creation, helping them grow and thrive further.”