Hyundai Transys holds consultations for partners to help them move overseas

South Korea's auto powertrain maker Hyundai Transys said on Monday that a total of 23 suppliers received its video consultation assistance for eight months in support of suppliers in opening up overseas markets.

The Hyundai Motor Group company has held consulting sessions as part of a joint support project commissioned by the Large and Small Business, Agriculture and Fishery Cooperation Foundation.

This year, the company held sessions for eight months from May to this month, discovered 23 partner companies, and connected them with overseas buyers, while offering help with estimate submission and interpretation.

Most notably, at the Global Automotive Components and Suppliers Expo (GACS) in Stuttgart, Germany, last month, Hyundai Transys opened a joint pavilion and helped six partner firms display their products there.

An official of Hyundai Transys said, “In recognition of our effort for expanding mutually beneficial partnerships, we received the highest grade from the Korean Commission for Corporate Partnership for eight consecutive years," adding, "We will do everything in our power to support partner companies to develop markets and strengthen their competitiveness."

Write to Hyung-Kyu Kim at khk@hankyung.com