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According to Yonhap News,
Daegu city and Daegu TechnoPark said on August 17 that they have selected 8 start companies with great growth potential and technological capabilities.
Star Company is a program to provide strategic consultation for growth and business customized support to foster middle market enterprises.
In the field of future industry, 5 companies including Solarlight, Daeyoung GS, AL-Tech, Orthotech, and Wookyoung Information Technology have been selected.
In the field of regional main industry, AL Networks, Baekdoo F&S, and DS Metal have been selected.
The average sales of the star companies in 2020 was KRW 15.9 billion, with 59 employees on average. The annual sales growth on average in recent 3 years was 15 percent.
An official from Daegu city said "we will actively support Star Companies to grow into global companies."
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tjdan@yna.co.kr
Source:Yonhap News (August 17, 2021)
** This article was translated from Korean.