KT&G Corporation (Korean: 주식회사 케이티앤지), originally Korea Tobacco & Ginseng, also branded as Korea Tomorrow & Global, 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]
 | |
Native name | 주식회사 케이티앤지 |
|---|---|
| Formerly | Korea Tobacco & Ginseng Corporation |
| Company type | Public |
| KRX: 033780 | |
| Industry | Tobacco |
| Predecessor | Korea Monopoly Corporation |
| Founded | April 1989 |
| Headquarters | , South Korea |
Key people | Bok-In Baek (President & CEO)[1] |
| Products | Cigarettes |
| Revenue |  USD 3.9 billion [2] (2018) |
 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 also owns significant subsidiaries such as Korea Ginseng Corporation, Yungjin Pharm (a pharmaceuticals company), and several bio ventures. Its headquarters are in Daejeon.
Brands
editKT&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
editReferences
edit- ^ "KT&G Corporation: CEO and Executives". www.bloomberg.com. Retrieved 2018-03-12.
- ^ a b "KT&G rakes in record-high global sales of $979 mn in 2017". pulsenews.co.kr. Retrieved 2018-03-12.
- ^ "033780:Korea SE Stock Quote - KT&G Corp". Bloomberg.com. Retrieved 2018-03-12.
- ^ "KT&G Corporation: Private Company Information". www.bloomberg.com. Retrieved 2018-03-12.
- ^ a b "History of KT&G Corporation". www.fundinguniverse.com. Retrieved 2018-03-12.
- ^ "Our Story, Cheong Kwan Jang's Ginseng, best ginseng - Korea Ginseng Corp". www.kgcus.com. Retrieved 2018-03-12.
- ^ "Tobacco in South Korea". euromonitor. Aug 2010. Retrieved 2 Jan 2011.
External links
edit
- Official website
- Business data for KT&G:
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