Description

LOTTE Corporation is a major South Korean conglomerate with a global footprint, active in a diverse range of industries including food, retail, tourism, chemicals, construction, and finance. Established in 1967 and formerly known as Lotte Confectionery Co. Ltd. until its rebranding in October 2017, the company is headquartered in Seoul. Its comprehensive food and beverage segment includes the production and sale of candies, biscuits, ice cream, soft drinks, coffee, and a wide selection of alcoholic beverages such as soju, beer, whiskey, wine, and refined rice wine, alongside dairy, processed milk, and meat products. In retail, LOTTE operates numerous formats, from department and hypermarkets to supermarkets, discount stores, convenience stores, health and beauty outlets, home shopping channels, and duty-free shops, also offering apparel, consumer electronics wholesale, and integrated loyalty and payment solutions. Industrially, the company manufactures processed aluminum, various packaging materials (soft packaging, beverage cans, PET bottles), synthetic resins, and textiles, in addition to office equipment, medical devices, and network cameras. Furthermore, its operations extend into the leisure and hospitality sectors with the development and management of golf courses, amusement parks, resort condominiums, and tourist hotels. LOTTE's service portfolio is broad, encompassing car and equipment rental, lease financing, corporate and individual loans, ownership of a professional baseball team, electronic financial services, education consulting, and social welfare programs.