Lotte Group

Lotte Group

Lotte is a multinational corporation with over 60 business units across various sectors, including candy manufacturing, beverages, hotels, fast food, retail, financial services, heavy chemicals, electronics, IT, construction, publishing, and entertainment.

The company's range of products includes confectioneries, ice creams, oil, carbonated drinks, liquor, hamburgers, bakery products, and pastries. It operates a diverse array of outlets such as department stores, discount stores, convenience stores, apparel stores, home appliance stores, supermarkets, and multiplex movie theaters. Additionally, it runs hotels and resorts.

In the manufacturing sector, Lotte produces synthetic resins and fibers, TFT LCD products, digital equipment, copiers, printers, digital cameras, photographic materials, and aluminum products. Its financial operations span credit services, travel and insurance agencies, telemarketing, leasing, personal and corporate loans, and installment financing.

Lotte is also involved in software development, computer equipment, public institutions systems, IT services, golf courses, advertising, shopping center development and management, logistics consulting, electronic financial services, integrated e-payment solutions, genetic engineering, bio-engineering, educational training, economy and industry analysis, and operates a scholarship and social welfare foundation.

Lotte holds the position of the largest confectionery manufacturer in South Korea. Founded in June 1948 in Tokyo by Shin Kyuk-Ho, it expanded into South Korea with the establishment of Lotte Confectionary Co., Ltd in Seoul on April 3, 1967.