Korea’s largest industrial tool distribution company, Cretec (Chairman Choi Young-soo/Daegu Saemaul Association Chair) donated 1 billion KRW in development funds to YU (President CHOI Oe-chool).

 Cretec recently donated 500 million KRW to YU in development funds and is scheduled to donate 50 million KRW a year for the next 10 years. 

 At 11 a.m. on the 15th, Crete Chairman Choi Young-soo who attended the development fund donation ceremony held at the YU President's Reception Room said, “As a local businessman, I am well aware of the importance of fostering local human resources.Since 50 years ago when I first started this company, our motto was responsible management. In addition to unlimited responsibility for customers, corporate social responsibility is another thing that the owner should pay attention to. As a local businessman, I will do my best in my position to develop and coexist together with the local community. I ask YU to do its best to foster human resources that will be the next leaders of Korea.”

 YU President CHOI Oe-chool responded, “I feel a grave sense of responsibility as the president that manages the university because of this generous donation of development funds. There are many difficulties surrounding the university, but the support from people like Chairman Choi for our school is very encouraging.” He added, “Just as how Chairman Choi built Cretec to what it is today through ‘responsible management’, YU will also do its best to fulfill its social responsibility as champions for fostering human resources who will lead the future.”