EY Family Business award winners 2019-20 - South Korea

Father and son combine their love for nature with a successful business.

We are delighted to celebrate the recipients of the EY Family Business Award of Excellence 2019-20, an honor that recognizes excellence in family businesses. Congratulations to this year’s winners for South Korea:

Young Ju Park – Chairman, Eagon
Seung Jun Park – President, Eagon

In 1972, nature lover Young Ju Park founded Eagon Industrial with a mission to create an environmentally friendly timber business. Together with his son, they have achieved this goal. The company successfully operates across a numerous sectors including the lumber, plantation and energy, with clients around the world.

It is the plantation division that really underlines the family’s commitment to sustainability. Eagon has planted trees throughout the Solomon Islands to replace cut trees, as well as provided education and medical facilities for the locals. Seung Jun wants to continue his father’s legacy, “We have to make long-term goals in the same manner as we plant trees and watch them grow over many years.”

The company is using the latest technology to create energy-efficient doors and windows. As Eagon looks to the future, it will create products for extreme climates, ensuring diversity and expansion of their products for future generations.