KT&G Corp

KT&G Corporation, which began as Korea Tobacco & Ginseng under government control, transitioned to a private entity following its incorporation in 1987. With its headquarters based in Daejeon, South Korea, the company operates primarily across three business segments. Its tobacco division is devoted to the production and distribution of cigarettes both domestically and on an international scale. Diversifying its portfolio, KT&G also has a ginseng and pharmaceuticals segment concentrating on red ginseng products and various medicinal offerings. The real estate sector completes the company's multifaceted business model, engaging in development and property management. Among its portfolio, KT&G boasts prominent brands such as ESSE, known for its super-slim cigarettes, the ginseng-infused premium tobacco line This Africa Rula, the Timeless Time brand of cigarettes, and Bohem, which features a range of premium products. While South Korea remains its primary market, the company's international outreach is robust with products available in the Middle East, particularly in Iran and Iraq, Russia, and various Central Asian countries including Uzbekistan. Additionally, KT&G has a footprint in the United States through strategic partnerships and distribution agreements, and is making concerted efforts to penetrate African markets. As part of its growth strategy, KT&G actively scouts for emerging markets to extend its global reach. (Powered by AI)