KT&G

KT&G (originally “Korea Tobacco & Ginseng” and later “Korea Tomorrow & Global Corporation”, Korean : 한국담배인삼공사, Hanguk Dambae Insam Gongsa, KRX: 033780) 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.

KT&G Corp. engages in the manufacture and sale of tobacco products. It operates through the following business divisions: Tobacco, Health Functional Food, Foods, Tobacco Leaf, Pharmaceuticals, Tobacco Materials, Trading and Real Estates. The Health Functional Food manufactures and sales red ginseng, red ginseng products and healthy foods. The Foods business provides groceries and beverages. The Tobacco Leaf division engages in cultivation of tobacco leaf lands. The Pharmaceutical division manufactures and sales drugs, biotech drugs, non-pharmaceutical health complements, other related products, medical goods and equipments. The Tobacco Materials division engages in the manufacture and distribution of raw materials needed in production of tobacco. The Real Estates division offers rentals, sales and housing development. It was founded on April 1, 1987 and is headquartered in Daejeon, South Korea.