• ONBAO 2025-02-10
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Lotte Group
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  • 롯데그룹
  • Lotte Group
    Category
  • Manufacturing/Trading /Business > General Company
    Address
  • Sogong-dong Jung-gu Seoul 
  • distance [서울]from 1.3km
Lotte Co., Ltd. is a multinational food and shopping corporation active in Japan and South Korea. Lotte was first established in June 1948 in Tokyo, by a Japanese businessman of Korean descent, known as Shin Kyuk-Ho in Korean or Takeo Shigemitsu (重光武雄 Shigemitsu Takeo?) in Japanese. From Tokyo, Lotte expanded into South Korea with the establishment of Lotte Confectionary Co., Ltd in Seoul on April 3, 1967.
Lotte Group consists of over 60 business units employing 60,000 people engaged in such diverse industries as candy manufacturing, beverages, hotels, fast food, retail, financial services, heavy chemicals, electronics, IT, construction, publishing, and entertainment. Lotte's major operations are overseen by Shin's family in Japan and South Korea, with additional businesses in China, Thailand, Indonesia, Vietnam, India, USA, Russia, Philippines, Pakistan and Poland (Lotte bought Poland's largest candy company Wedel from Kraft Foods in June 2010). Today, Lotte is the largest confectionery manufacturer in South Korea, and is the third largest in Japan behind Meiji Seika and Ezaki Glico in terms of sales revenue when only the sales of Lotte's confectioneries are counted.