Korea Tobacco & Ginseng Corporation

KT&G (originally "Korea Tobacco & Ginseng" and later "Korea Tomorrow & Global Corporation", KRX: 033780) is the leading tobacco company in South Korea with annual sales over US$4 billion. KT&G was originally a government-owned monopoly but was privatized and today is publicly traded, competing for market share with other international tobacco firms such as Philip Morris International, British American Tobacco, and Japan Tobacco.[5] KT&G's sales volume share was 62% of the Korean market in 2009.[7]

Korea Tobacco & Ginseng Corporation
Native name
한국담배인삼공사
TypePublic
KRX: 033780
IndustryTobacco, pharmaceuticals
PredecessorKorea Monopoly Corporation
FoundedApril 1989 (1989-04)
Headquarters
Daejeon
,
South Korea
Area served
Worldwide
Key people
Bok-In Baek (President & CEO)[1]
ProductsCigarettes, ginseng
Revenue USD 3.9 billion (2018)[2]
USD 1.07 billion (2018)[2]
Total assetsUSD 10.1 billion (2018)[3]
SubsidiariesKorea Ginseng Corporation,
Yungjin Pharm,
Tri Sakti Purwosari Makmur PT,
Tae-A Industry Co., Ltd.,
Somang Cosmetics Co., Ltd.,
JR CR-REIT IV Co., Ltd.,
Kt&g Pars,
KT&G USA, Inc.,
Yebon Nongwon Agriculture Co., Ltd.,
Renzoluc Pte., Ltd,
Korea Ginseng (HK) Ltd.,
Youngjin Pharm. Co., Ltd,
KT&G Tutun Mamulleri Sanayi Ve Ticaret A.Ş.
Websiteen.ktng.com
Footnotes / references
[4][5][6]
Korea Tobacco & Ginseng Corporation
Hangul
한국담배인삼공사
Hanja
韓國담배人蔘公社
Revised RomanizationHanguk Dambae Insam Gongsa
McCune–ReischauerHanguk Tampae Insam Kongsa

KT&G produces popular Korean cigarette 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 superslims brand Esse in Russia and other eastern European markets.

KT&G also owns significant subsidiaries such as Korea Ginseng Corporation, Yungjin Pharm (a pharmaceuticals company), and several bio ventures. Its headquarters are in Daejeon.

References
  1. "KT&G Corporation: CEO and Executives". www.bloomberg.com. Retrieved 2018-03-12.
  2. "KT&G rakes in record-high global sales of $979 mn in 2017". pulsenews.co.kr. Retrieved 2018-03-12.
  3. "033780:Korea SE Stock Quote - KT&G Corp". Bloomberg.com. Retrieved 2018-03-12.
  4. "KT&G Corporation: Private Company Information". www.bloomberg.com. Retrieved 2018-03-12.
  5. "History of KT&G Corporation". www.fundinguniverse.com. Retrieved 2018-03-12.
  6. "Our Story, Cheong Kwan Jang's Ginseng, best ginseng - Korea Ginseng Corp". www.kgcus.com. Retrieved 2018-03-12.
  7. "Tobacco in South Korea". euromonitor. Aug 2010. Retrieved 2 Jan 2011.


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