- Market analysis of 6 countries, including Indonesia, which is under construction of a new capital, and China, the world's largest elevator market
- Information sharing through real-time participation of Korean and overseas employees and market expansion to Saudi Arabia by 2023

On the 23rd, Hyundai Elevator organized and hosted a knowledge conference to share the research activities of the global Community of Practice (CoP), an in-house self-learning group, with employees in Korea and around the world on the Zero Emissions Platform (ZEP), a metaverse platform.

Hyundai Elevator, which relocated its headquarters to Chungju last year and declared a vision to enter the global top 5 in the industry by 2030, has been focusing on cultivating empowered and engaged employees with a goal of 50% of overseas sales. Global CoP, which has been held since 2018, is an employee competency-building program for globalization, and this year, the presenters shared their findings and results of research on various subjects with employees, such as elevator and construction markets, real estate policies, and consumer trends in China, the world's largest market, Indonesia, where the new capital construction is underway, and Turkey, India, Vietnam, and Malaysia, which are the company's major markets.

"This year, we plan to expand our market to nine additional countries, including Saudi Arabia, where the Neom City project is being promoted, as well as the Philippines and Poland," said Han Yeong-Cheon, head of Hyundai Elevator's global HR team.

Metaverse is a compound word of 'Meta' meaning 'virtual' and 'Universe' meaning 'real world', and is a virtual space created for avatars to engage in various social and cultural activities online. At this metaverse conference, expatriates and local employees from overseas subsidiaries also participated without time and space restrictions, introducing their respective local cultures, communicating in real time with employees at the head office, and sharing information.

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Hyundai Elevator Co. Ltd. published this content on 22 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 March 2023 23:42:42 UTC.