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Korea Tobacco & Ginseng Corporation

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KT&G Corporation
Native name
株式會社 케이티앤지
Formerly Korea Tobacco & Ginseng Corporation
Company type Public
KRX : 033780
Industry Tobacco
Predecessor Korea Monopoly Corporation
Founded April 1989 ; 35 years ago  ( 1989-04 )
Headquarters ,
South Korea
Key people
Bok-In Baek
( President & CEO ) [1]
Products Cigarettes
Revenue Increase USD 3.9 billion [2]  (2018)
Decrease USD 1.07 billion [2]  (2018)
Total assets USD 10.1 billion [3]  (2018)
Subsidiaries KGC
Yungjin Pharm
Footnotes / references
[4] [5] [6]

KT&G Corporation ( Korean 株式會社 케이티앤지 ), originally Korea Tobacco & Ginseng , 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]

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 .

Brands [ edit ]

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 superslim brand Esse in Russia and other Eastern European markets.

See also [ edit ]

References [ edit ]

  1. ^ "KT&G Corporation: CEO and Executives" . www.bloomberg.com . Retrieved 2018-03-12 .
  2. ^ a b "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. ^ a b "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 .

External links [ edit ]

  • Official website
  • Business data for KT&G: