Skip to contents Main menu access Footer menu access

Shared Growth

HYUNDAI TRANSYS and its partners are eternal partners walking together with the common goal of “a global leader in the auto parts business”.

Key Challenges

  • Establishment of fair trade order

    We faithfully comply with subcontract- related laws (Fair Transactions in Subcontract Act).

  • Fair subcontracting

    We’re faithfully implementing by introducing the “four subcontracting practices” enacted/amended by the Korea Fair Trade Commission.

  • Win-win cooperation with partners

    To support our partners, we are establishing operating the “Shared Growth Activity Program (PARTNER)”.

Top Four Subcontracting Practices

  • Practices for Desirable Signing of Contracts

    The purpose of this practice is to establish reasonable and fair standard practices of transaction by presenting the details that the company which initiates transactions (hereinafter referred to as the “supplier”) with the Company (hereinafter referred to as the “purchaser”) must comply with each other in concluding transactions.

  • Practices for Fair Selection of Partners

    The purpose of this practice is to contribute to the establishment of a fair subcontract transaction order by improving transparency and fairness of the partner registration and operation process, and to inform general information about the company's registration and operation of partners.

  • Practices for Establishment and Operation of the Internal Deliberation Committee

    The purpose of this practice is to contribute to the establishment of a fair subcontract transaction order and preventing the subcontract law violations in advance by stipulating a series of work procedures for the operation of the internal review committee to review the fairness and legitimacy of the subcontract transactions between the company and its partners.

  • Desirable Written Issuance and Preservation Practices

    The purpose of this practice is to establish a fair subcontracting order by clearly recognizing the matters related to the issuance of documents between the company and its partners in relation to the issuance and the preservation of documents in signing subcontracts and the transaction process to promote the spread of desirable documentation culture and substantial settlement in the subcontracting process.