AskBiography Logo   Latest News  Follow Us on Twitter  Follow Us on Google Buzz  Became Fan - Facebook  Subscribe to RSSRSS   Bookmark and Share

Lotte (conglomerate)


     Home | Company | Lotte (conglomerate)

Lotte Co., Ltd. is a Japanese-South Korean Jaebeol (conglomerate) and one of the largest food and shopping groups in South Korea and Japan. Lotte was established in June 1948, in Tokyo, by Japanese-educated, Korean businessman Shin Kyuk-Ho ( ) also known as

|}. After the normalization of Japan Korea relations in 1965, Lotte expanded into 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 Kyuk-Ho's family in South Korea and Japan, 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 candy / chewing gum manufacturer in both South Korea and Japan, and is one of South Korea's largest conglomerates.

Warning: simplexml_load_file( [function.simplexml-load-file]: failed to open stream: HTTP request failed! HTTP/1.0 410 Gone in /home/askbio/public_html/index_bio.php on line 257

Warning: simplexml_load_file() [function.simplexml-load-file]: I/O warning : failed to load external entity "" in /home/askbio/public_html/index_bio.php on line 257

Fatal error: Call to a member function children() on a non-object in /home/askbio/public_html/index_bio.php on line 260