KB Financial Group, KOSME back industrial safety infrastructure for 950 small firms

KB Financial Group announced Monday that it is working with the Korea SMEs and Startups Agency to help small and medium-sized enterprises build safer working environments through a joint industrial safety infrastructure support project.

This year, the two organizations selected 50 supply companies and matched them with about 950 beneficiary firms, providing tailored solutions in three areas — workplace improvements, safety product supply, and safety education and consulting — suited to each company's industry and working conditions.

The initiative is designed to support small and medium-sized enterprises that struggle to build adequate industrial safety infrastructure due to cost burdens and a shortage of safety management personnel. The two organizations signed an MOU covering this and related cooperation in December last year and have also been joining forces on support linked to policy financing.

A number of supply companies with advanced industrial safety technology and products participated in the project, helping small and medium-sized enterprises prevent workplace accidents and establish safety management systems.

"A safe workplace is the basic infrastructure that protects both workers' lives and the sustainable growth of businesses," a KB Financial Group official said. "We will continue working with KOSME to reduce safety blind spots at small and medium-sized enterprise worksites and expand accident-prevention-focused industrial safety support."