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Lotte Wellfood Co., Ltd. (), formerly Lotte Confectionery, is a South Korean international confectionery company headquartered in Seoul, South Korea. The company was established in 1967. Currently, it is the third-largest chewing gum manufacturer in the world, and its plants are located in Kazakhstan, Pakistan, Belgium, India, Russia, Myanmar, and China. Lotte Confectionery was renamed Lotte Wellfood in 2023. History Bubble gum beginnings in the 1940s Although later considered one of South Korea's largest companies, Lotte's origins actually traced back to post-World War II Japan. During the war, Shin Kyuk-ho, a native of Korea, went to Tokyo to study at a technical college in 1941 at the age of 19. After graduating, Shin remained in Japan, adopting the Japanese name of Takeo Shigemitsu. By 1946, Shin decided to go into business for himself, launching the Hikara Special Chemical Research Institute. This company produced soaps and cosmetics from surplus chemicals stocks left over f ...
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Pepero
Pepero (Korean name: 빼빼로, English name: chocolate-covered pretzel stick) is a thin cookie stick with compound chocolate dipped in the outer layer. Pepero is manufactured by Lotte Confectionery Corporation in South Korea since 1983. Cocoa mass and flour are the key components to make a package of Pepero. It is exported to about 64 countries worldwide and especially popular in Singapore, Malaysia, and Philippines. Pepero has been awarded numerous times in sales and designs. Flavors As of 2021, Pepero is manufactured in several flavors: * Chocolate (Original) * Strawberry * Almond (coated with chocolate) * Nude (chocolate in the center with a biscuit coating on the outside; the other way around from an original chocolate pepero) * Nude Green Tea * White Chocolate Cookie * Black Chocolate Cookie * Tiramisu Cheese * Melon * Peanut * Double "Dip" White Chocolate (Two coatings instead of one) * Double "Dip" Black Chocolate * Blueberry Yogurt * Cherry double dip * Mint choco *S ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Manufacturing Companies Based In Seoul
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Confectionery Companies Of South Korea
Confectionery is the art of making confections, which are food items that are rich in sugar and carbohydrates. Exact definitions are difficult. In general, however, confectionery is divided into two broad and somewhat overlapping categories: bakers' confections and sugar confections. The occupation of confectioner encompasses the categories of cooking performed by both the French '' patissier'' (pastry chef) and the ''confiseur'' (sugar worker). Bakers' confectionery, also called flour confections, includes principally sweet pastries, cakes, and similar baked goods. Baker's confectionery excludes everyday breads, and thus is a subset of products produced by a baker. Sugar confectionery includes candies (also called ''sweets'', short for ''sweetmeats'', in many English-speaking countries), candied nuts, chocolates, chewing gum, bubble gum, pastillage, and other confections that are made primarily of sugar. In some cases, chocolate confections (confections made of chocolate ...
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Lotte Corporation Subsidiaries
Lotte may refer to: Businesses * Lotte Corporation, a South Korean industrial conglomerate ** Lotte Holdings, a Japanese holding company ** Lotte Capital, a South Korean financial company ** Lotte Card, a South Korean credit card provider ** Lotte Chilsung, a Korean manufacturer of food products ** Lotte Cinema, a chain of movie theatres in South Korea ** Lotte Confectionery, South Korean confectionery ** Lotte Department Store, a Korean Department Store ** Lotte Liquor, South Korean distiller ** Lotte World, a recreation complex in Seoul, South Korea Entertainment * ''Lotte'' (film), a 1928 German silent film directed by Carl Froelich * ''Lotte in Weimar'', a 1975 East German drama film directed by Egon Günther and produced by DEFA * ''Lotte'' (TV series), a Dutch TV series based on the Colombian telenovela ''Betty, la fea'' * Lotte, the title character of a series of Estonian animated TV programs and films, including: ** ''Lotte from Gadgetville'', a 2006 film ** ''Lot ...
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Food And Drink Companies Of South Korea
Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth. Different species of animals have different feeding behaviours that satisfy the needs of their unique metabolisms, often evolved to fill a specific ecological niche within specific geographical contexts. Omnivorous humans are highly adaptable and have adapted to obtain food in many different ecosystems. The majority of the food energy required is supplied by the industrial food industry, which produces food with intensive agriculture and distributes it through complex food processing and food distribution systems. This system of conventional agriculture relies heavily on fossil fuels, which means that the food and agricu ...
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Lotte (conglomerate)
Lotte Corporation (or Lotte Group) is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea. Lotte began its history on June 28, 1948, by Korean businessman Shin Kyuk-ho in Tokyo. Shin expanded Lotte to his ancestral country, South Korea, with the establishment of Lotte Confectionery in Seoul on April 3, 1967. Lotte Corporation consists of over 90 business units employing 60,000 people engaged in such diverse industries as candy manufacturing, beverages, hotels, fast food, retail, financial services, industrial chemicals, electronics, IT, construction, publishing, and entertainment. Lotte runs additional businesses in China, Thailand, Malaysia, Indonesia, Vietnam, Cambodia, Uzbekistan, India, United States, United Kingdom, Kazakhstan, Russia, Philippines, Myanmar, Pakistan, Poland (Lotte bought Poland's largest candy company Wedel from Kraft Foods in June 2010), Australia and New Zealand (Lotte successfully bought 4 duty free ...
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List Of Companies Of South Korea
South Korea is a sovereign state in East Asia, constituting the southern part of the Korean Peninsula. Highly urbanized at 92%, South Koreans lead a distinctive urban lifestyle; half of them live in high-rises concentrated in the Seoul Capital Area with 25 million residents and the world's sixth-leading global city with the fourth-largest economy and seventh-most sustainable city in the world. Driven by a highly educated and skilled workforce, it has the world's eighth-highest median household income, the highest in Asia, and its singles in particular earn more than all G7 nations. Globally, it ranks highly in personal safety, job security, and healthcare quality, with the world's third-highest health adjusted life expectancy and fourth-most efficient healthcare system. It is the world's largest spender on R&D per GDP, leading the OECD in graduates in science and engineering and ranking third in the Youth Wellbeing Index. Home of Samsung, LG and Hyundai-Kia, South Ko ...
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Guylian
Guylian (, ) is a Belgian chocolate brand and manufacturer best known for its seashell shaped pralines. The company was founded in 1958 in Sint-Niklaas, Belgium by Guy FoubertChocolaterie Guylian NV MarketLine Company Profile. (2017.). MarketLine, a Progressive Digital Media business. and is now owned by the South Korean company Lotte Confectionery. Foubert and his wife formulated the original chocolate recipe and "Guylian" was formed as a portmanteau from the first names of Guy and Liliane Foubert. While Guylian specialise in roasted hazelnut pralines they produce a wide variety of products including chocolate covered fruit pieces and chocolate truffles. The company headquarters remain in Sint-Niklaas along with their production plant but now Guylian exports internationally to approximately 120 countries. '''' In 2003, the first Guylian Belgian Chocolate café was opened in Antwerp, Belgium; there are now 9 franchises in different locations around the world. Guylian donates to ...
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The Hershey Company
The Hershey Company, commonly known as Hershey's, is an American multinational company and one of the largest chocolate manufacturers in the world. It also manufactures baked products, such as cookies and cakes, and sells beverages like milkshakes, as well as other products. Its headquarters are in Hershey, Pennsylvania, United States, which is also home to Hersheypark and Hershey's Chocolate World. It was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, which is a subsidiary of his Lancaster Caramel Company. The Hershey Trust Company owns a minority stake but retains a majority of the voting power within the company. Hershey's chocolate is available across the United States, and in over 60 countries worldwide.Booksense.com
. Retrieved June 30, 2006.
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Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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