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"KGCCI Innovation Awards" Successfully Born
"KGCCI Innovation Awards" in Seoul

At the first "KGCCI Innovation Awards," recently held at Sebitseom-Island in Seoul on Sept. 9, 2015, the most innovative Korean and German operations in Korea were recognized with the new KGCCI Innovation Awards.

Among the distinguished guests were Vice Minister of Strategy and Finance, Joo Hyeong-Hwan, German Ambassador Rolf Mafael and EU-Ambassador Prof. Gerhard Sabathil and about 170 German and Korean business leaders.

Vice Minister Joo Hyeong-Hwan emphasized in his congratulatory remarks the special bond Germany and Korea share together in their common history of overcoming economic crisis and of course, the segregation of their countries.

He also emphasized the positive signal this event sends to the creative economy of both countries as they are pursuing to realize it as “cooperative partners.”

At last, he asked business leaders of both countries to “make constant efforts to strengthen economic cooperation between the two economies” as “the Korean government will spare no efforts in providing relevant support”

During the evening, three awards were given in the categories:
•Innovation in Business
•Innovation in Green Technologies
•Innovation in Workforce Development

Category Innovation in Business: BMW Driving Center

The award for “Innovation in Business” went to BMW Group Korea for their Driving Center.

The BMW Driving Center is the world first “for customer” facility that contains not only a Driving Track, but also a Brand Experience Center, a Junior Campus, a Training Academy, a R&D Center, a Service Center, a Restaurant and a Sports Park.

It has changed a paradigm: from Manufacturer-Oriented Market to Customer-Oriented Market (Experience Marketing) and it is successful: more than 100,000 visitors, and double digit increase of New Car Sales are speaking for themselves.

The BMW driving center created more than 100 new jobs mostly recruited from local community and collaborates with 7 Korean partner companies

Furthermore BMW encouraged other automobile manufacturers to provide similar facilities. (“Hyundai Automotive Theme Park”)

Category Innovation in Green Technologies: va-Q-tec Korea Ltd.

The award for “Innovation for Green Technologies” went to va-Q-tec Korea for their “Vacuum Insulation Panel” or short “VIP”, va-Q-tec is setting new standards for reducing energy consumption with its vacuum insulation panel, which is 10 times more efficient than conventional materials.

This VIP technology is already used in various applications and industries like

1. Thermal packaging for Pharmaceutical Industry (Air Container)

2. Building Industry (New or energetic renovation)

3. Home Appliance (refrigerator, freezer)

4. Automotive (Cool truck, Electronic car)

5. Industrial Application (Pipe insulation)

va-Q-tec brilliant innovation enables simple design and passive systems, so that no-system failure-products are realized. va-Q-tec is a small company with 200 employees founded in 2000, but is taking the responsibility for the next generation and environment by Energy saving and reduced CO2 emission.

Category Innovation in Workforce Development: BASF Company Ltd.

The award for “Innovation in Workforce development” went to BASF Korea for their Diversity and Inclusion initiative.

Traditionally, many companies in Korea have a strong hierarchy and a culture that is not very inclusive – for example for women, foreigners, young people and newcomers in the company etc. BASF Korea established a Diversity and Inclusion (D+I) committee with 15 members from different units and backgrounds in 2007. In 2015 they added "Wild Card"(a so called junior board) & ‘Trusted working time’ (2015).

BASF is playing a pioneering role: female employees are contributing 14.6 % of the workforce at BASF, which is twice the average of the Korean chemical industry and is regarded as one of the 30 most attractive foreign employers.

Trusted working time and inclusive culture of BASF Korea driven by its D+I activities could work as role model in Korean society and businesses towards a more work-life balanced culture and help to master the Demographic Challenge.

The “KGCCI Innovation Awards” is going to recognize the most innovative companies on an annual basis. More information about the event can be seen at www.kgcci.com

The event was sponsored by:

Leading Innovation sponsors: Merck and BMW Group Korea

Creating Innovation sponsors: BASF, Bosch, Lufthansa, Brose, Handok, Tüv Süd Supporting Innovation sponsors: Allianz, Boehringer Ingelheim, Miele, Continental, the Class Hyosung, Deutsche Bank and Carl Zeiss


Korean-German Chamber of Commerce and Industry

The Korean- German Chamber of Commerce and Industry KGCCI is your first contact in Korea. The Chamber fosters economic relations between the Federal Republic of Germany and the Republic of Korea. KGCCI steadily expands its activities and adapts them to the changing customer demands. Today, KGCCI has more than 500 member companies representing all types of businesses



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