Hansol Paper on the 23rd issued an official apology after the Korea Fair Trade Commission announced its decision on collusion in printing paper, saying it was deeply sorry for causing concern to customers and consumers.
Hansol Paper said it takes this matter seriously and will ensure that similar cases do not recur, adding it will devise fundamental measures to prevent a recurrence and implement them swiftly.
Hansol Paper plans to overhaul its compliance control procedures for the overall process of product pricing to foster a fair transactional environment, while establishing real-time monitoring for abnormal transactions to block the possibility of unfair transactions in advance.
It will also strengthen fair trade law training for all executives and employees to fundamentally raise the company's compliance level.
A Hansol Paper official said the company takes this matter seriously and will swiftly implement measures to prevent a recurrence, adding it will continue to manage with customer and consumer trust as its top priority.