Lotte Confectionery

Lotte Confectionery (Hangul: 롯데제과) (KRX: 004990) is a South Korean company headquartered in Yangpyeong-dong Yeongdeungpo-gu Seoul, Korea. It was established in 1967 and its plants are located in Seoul, Daejeon, Yangsan, Pyeongtaek and Siheung. It manufactures and sells more than 200 products to more than 70 countries. It is the No.3 chewing gum manufacturer in the world. It is a subsidiary company of Lotte Group.

Lotte Confectionery produces Crunky candy bar ^[1] and the Chic-Choc cookie (a chocolate chip cookie), one of the most famous brands in South Korea. Additionally, they produce other baked snacks, including the Margaret cookie. Lotte is also popular for their cookies called 'Kancho' (also known as Koala's March in Japan), which are small cream-filled cookies shaped like koala bears and packaged in a unique octagonal box.

Through its wide distribution, Lotte Confectionery is able to stream products to grocery, convenience stores, mom-and-pop and warehouse clubs. Their products are also distributed worldwide, including the USA, China and Europe.

It is a sister company of leading Polish confectionery company E Wedel after the parent Lotte group completed a takeover from Kraft in June 2010^[2].

Competitors

• Crown Confectionery
• Orion Confectionery
• Nabisco
• Wm. Wrigley Jr. Company

Products

• Biscuit
• Cookie - Lotte produces pepero, a product inspired by pocky
• Cracker
• Ice Cream
• Candy and Gum - Lotte is famous for Black Black, Green Gum, and other unusual flavors of candy and chewing gum
• Chocolate - Lotte produces Crunky and Lotte Ghana chocolate products
• Snack
• Health Food

See also

• Economy of South Korea
• List of South Korean corporations
• Lotte

References

1. ^ http://www.taquitos.net/candy/Lotte_Crunky_Crunch_Chocolate
2. ^ http://www.forbes.com/feeds/ap/2010/06/28/business-specialized-consumer-services-us-kraft-foods-poland-unit_7724561.html?boxes=Homepagebusinessnews

External links

• Lotte Confectionery Homepage (Korean)