Recently, as interest in interior design increases, unusual and free designs are also appearing. An example is a folding door that uses one side of the wall as a folding door. It is mainly used in commercial spaces such as restaurants that require a sense of openness or cafes to enjoy the outside scenery, but has recently been applied to country houses and apartments, and is gaining popularity for its beautiful appearance.

Folzen Korea has recognized the prospects of folding doors and has led the new field of premium folding doors. In addition to being equipped with differentiated technology specialized for insulation so that it can be used in residential spaces, the existing rustic design has been transformed into a sophisticated design suitable for modern times. This soon became an opportunity for consumers to recognize Folzen Korea as a folding door specialist brand. We met with Baek Jae-kyung, CEO of Polzen Korea, who hopes to become a company that goes hand in hand with society based on honesty and trust in the future to hear more details.

Please introduce the company.

Folzen Korea, a new venture company founded on November 28, 2014, is a specialized window company that produces, sells, and installs folding doors, system doors, glass folding doors, and insulated folding doors. All products we produce are produced directly from A to Z, and having our own factory is what sets us apart from other companies.

In general, folding doors are thought to be mainly used in commercial spaces such as cafes, but they have recently become very popular in residential facilities as well. For example, if you are decorating an older apartment, there will be a mid-window in the living room and veranda. At this time, more than 90% of people choose folding doors after removing the middle window. It is loved for its interior design by being open in the summer and closed in the winter to create an insulation effect.

Our company is making great efforts to become a leader in the folding door field. The company's name, FOLZEN KOREA, is a combination of FOLDING DOOR and the German word ZENTRUM, which means center and top. The company aims to become the center of Korea's representative folding doors and at the top of the folding door industry.

Let’s introduce our main business in detail

The company's main products include general folding doors, insulated folding doors, slim folding doors, system doors, and glass folding doors, which are gaining popularity as new products these days.

Before explaining the product, it seems necessary to understand the industry structure. Basically, folding doors have special characteristics that are different from other consumer products. Usually, the product is used by the consumer, and the installation is done by a window or interior design company. However, in the case of folding doors, the structure is such that consumers do not nominate a specific company's product, but rather request functions first and then the company selects a product that satisfies those requirements.

Accordingly, the company focused on installation convenience rather than consumer-targeted marketing, and focused on local sales so that companies could worry less about after-sales service. In addition, Folzen Korea's strength is that it has established a production management system that can immediately respond to consumer demands, such as diversifying prices and colors and shortening delivery times.

In addition, we possess and recognize unique technologies by registering 8 patents and 45 designs related to folding doors.In February of this year, we applied for a premium specification ‘handle device for folding doors with automatic locking function’ and exhibited it at the Korea Build construction fair, awaiting the selection of consumers.

What are your future directions and goals

By 2024, as the company name suggests, our primary goal is to grow to be number one in the folding door industry. To this end, we plan to focus on creating 100 full-time jobs and achieving annual sales growth of KRW 30 billion through continuous technological development and research, expansion of sales networks such as nationwide branches and agencies, and improvement of production capacity.

Ultimately, these goals are intended to reward the hard work of employees who have worked together through the company's listing. I have been thinking about this since the beginning of the business, but it is not easy to make it happen. First, we will move toward our goal by establishing ourselves as a solid mid-sized company, and we are also focusing on expanding beyond the domestic market and into the global market. Since 2016, we have been steadily focusing on developing overseas markets, and have participated in various overseas fairs and market development groups 3 to 4 times a year through export-related organizations or local governments, such as the Las Vegas Architecture Fair, Hanoi in Vietnam, Ho Chi Minh Fair, and Singapore exhibition, to expand the local folding door market. It is being closely reviewed. Accordingly, sales are currently continuing in North America, South America, and Southeast Asia.

There is a belief that corporate profits generated in this way should be returned to society. Every year, we deliver donations and hold free installation of folding doors to the Community Chest of Korea, Red Cross, educational institutions, and local government nursing facilities. Although the scale is not large yet, we plan to continue to expand in the future. We will continue to work hard to achieve shared growth with society.

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