KT & G


Industry: Retail, Shop & Supermarket
Headquarter: Iran

Company Description

KT&G was founded in 1899 as an imperial agency for cigarette and ginseng. During the twentieth century, the company became prestigious name in Korea as the nation\'s sole cigarette and ginseng manufacturer and distributor. Today, the company dominates the Korean cigarette market, enjoying a market share of 70.7% as of the end of the first quarter of 2007. With its strong presence in the Middle East and Central Asia, it is rapidly emerging in other markets such as Russia and China. Over the past few years, the company has focused on strengthening its competitiveness through rationalization and modernization. Today, KT&G embraces a corporate philosophy focused on customer satisfaction, shareholder value and employee empowerment. Abiding by those principles, it is well on its way to reaching its goal of ranking among the world\'s leading global cigarette companies.

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