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Korea Tobacco & Ginseng Corporation

From Wikipedia, the free encyclopedia
South Korean tobacco company
KT&G Corporation
Native name
주식회사 케이티앤지
FormerlyKorea Tobacco & Ginseng Corporation
Company typePublic
KRX:033780
IndustryTobacco
PredecessorKorea Monopoly Corporation
FoundedApril 1989; 36 years ago (1989-04)
Headquarters,
South Korea
Key people
Bok-In Baek
(President &CEO)[1]
ProductsCigarettes
RevenueIncreaseUSD 3.9 billion[2] (2018)
DecreaseUSD 1.07 billion[2] (2018)
Total assetsUSD 10.1 billion[3] (2018)
SubsidiariesKGC
Yungjin Pharm
Footnotes / references
[4][5][6]

KT&G Corporation (Korean주식회사 케이티앤지), originallyKorea Tobacco & Ginseng, also branded asKorea Tomorrow & Global, is the leadingtobacco company inSouth Korea with annual sales over US$4 billion. KT&G was originally agovernment-ownedmonopoly but was privatised and today is publicly traded, competing formarket share with other international tobacco firms such asPhilip Morris International,British American Tobacco, andJapan Tobacco.[5] KT&G's sales volume share was 62% of the Korean market in 2009.[7]

KT&G also owns significant subsidiaries such asKorea Ginseng Corporation, Yungjin Pharm (a pharmaceutical company), and several bio ventures. Its headquarters are inDaejeon.

Brands

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KT&G produces popular Koreancigarette brands such as The One, Indigo, Arirang, This, This Plus, Zest,Esse,Raison, and Lo Crux. It has been expanded outside Korea, especially through its superslim brand Esse inRussia and otherEastern European markets.

See also

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References

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  1. ^"KT&G Corporation: CEO and Executives".www.bloomberg.com. Retrieved2018-03-12.
  2. ^ab"KT&G rakes in record-high global sales of $979 mn in 2017".pulsenews.co.kr. Retrieved2018-03-12.
  3. ^"033780:Korea SE Stock Quote - KT&G Corp".Bloomberg.com. Retrieved2018-03-12.
  4. ^"KT&G Corporation: Private Company Information".www.bloomberg.com. Retrieved2018-03-12.
  5. ^ab"History of KT&G Corporation".www.fundinguniverse.com. Retrieved2018-03-12.
  6. ^"Our Story, Cheong Kwan Jang's Ginseng, best ginseng - Korea Ginseng Corp".www.kgcus.com. Retrieved2018-03-12.
  7. ^"Tobacco in South Korea". euromonitor. Aug 2010. Retrieved2 Jan 2011.

External links

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