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Lotte Corporation is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea. [1] Lotte was founded 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.
v. t. e. The Miracle on the Han River (Korean: 한강의 기적) was the period of rapid economic growth in South Korea, following the Korean War (1950–1953), during which South Korea transformed from a least developed country to a developed country. The rapid reconstruction and development of the South Korean economy during the latter half ...
CJ Group (Korean: 씨제이) is a South Korean conglomerate holding company, operating internationally. It is one of the largest chaebol headquartered in Seoul, South Korea. It comprises numerous businesses in various industries of food and food service, logistics, pharmaceutics and biotechnology, entertainment and media, Pager and Telephone. [2]
Samyang Roundsquare. Samyang Roundsquare Co., Ltd. (Korean: 삼양라운드스퀘어) is an international South Korean food manufacturer and the first instant ramen company in South Korea. [1] Samyang was founded on September 15, 1961 by Jeon Jung Yoon. In 1963, Samyang debuted the first Korean instant noodle.
Chaebol is derived from the McCune–Reischauer romanization of the Korean word 재벌 (chaebŏl), without the breve above the o. In 2000, the South Korean Ministry of Tourism introduced a new system of converting the Korean language into the Roman alphabet called Revised Romanization. [8]
SK Inc. is a part of the SK Group that focuses on 4 core business interests, High-tech materials, Bio, Green and Digital. The SK Group is composed of 186 affiliate companies that share the SK brand and culture. In 2021, SK Group recorded combined revenues of $133 billion, with exports contributing $50 billion of that total.