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Nongshim Co., Ltd. | |
Native name
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주식회사 농심 |
Formerly called
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Lotte Industrial Company |
Traded as | KRX: 04370 |
Founded | Seoul, South Korea (September 18, 1965 ) |
Headquarters | Seoul, South Korea |
Number of locations
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Products |
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Revenue | ![]() US$1.83 billion (2015)[1] |
![]() US$99.3 million (2015) [1] |
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![]() US$98.5 million (2015) [1] |
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Total assets | ![]() US$2.03 billion (2015) [1] |
Total equity | ![]() US$1.38 billion (2015) [1] |
Number of employees
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4,916 (Dec 31, 2015) non-consolidated in Korea |
Parent | Nong Shim Holdings Co Ltd |
Website | eng |
Footnotes / references [2] |
Nongshim (Nongshim Co., Ltd.) is a Korean food manufacturing company, that is an instant noodle, snack and mineral water producer. The company was established under the name Lotte Industrial Company on September 18, 1965, in Seoul and changed its name in March 1978. Its products are sold around the world.
Contents
History
Nongshim was founded as Lotte Industrial Company in September 1965, in South Korea. It changed its name to Nongshim in March 1978. Its products are sold around the world.
Shin Ramyun
Nongshim makes Shin Ramyun (신라면, an instant noodle manufactured since October 1986), Beef Bowl Noodle Soup, Chapagetti noodle (a cross between spaghetti and jajangmyeon, featuring spaghetti-like noodles in a dark soy-based sauce), and a wide variety of snacks including shrimp crackers called Saewookkang (새우깡), which are similar to Kappa Ebisen, which is produced by Calbee.[3]
Nongshim Group
Nongshim has ten subsidiary companies, which are grouped together under the holding company, Nongshim Group.[4] The companies include Mega Mart, which deals with distribution and discount stores, Taekyung Nongsan, Korea's largest dry-food manufacturer, and Youlchon Chemistry, which deals with packaging.[4]
Jjawang
On April 20, 2015, Nongshim launched its premium instant jjajangmyeon (짜장면: noodles in black bean sauce) product "Jjawang" (짜왕), which has become a power brand in the instant noodle market. The name is an amalgamation of the word "jiajing," the black bean sauce, and "wang," which means "king" in Korean. The product is currently the second best selling in the Korean domestic instant noodle market. "Jjawang" has received much acclaim thanks to its thick noodles and rich jjajang sauce.[5][6]
Nongshim reputation
They are regions in Korea prefer different instant noodles as their top choices. According to the survey, top five brands are from Nongshim Company.[7]
SaewooKang
"SaewooKang," shrimp flavored snack, ranked number one seller among children for four consecutive years. The snack was first introduced by the Japanese company,Calbee. Five other Nongshim snack products ranked in the top ten. It is apparent that Nongshim is popular and is the leading snack producing company in Korea.[8]
Matchampong
The reporter of the article, a famous Chinese chef, and food journalists tasted four newly released instant noodles from four different companies. After careful tasting and reviewing, each presented his and her authentic preference on three different categories. Nongshim's "Matchamgpong" received the best ranking in the texture of noodle.[9]
References
- ^ a b c d e "Nongshim Co Ltd (004370:Korea SE)". businessweek.wallst.com. Retrieved May 30, 2016.
- ^ "Nongshim USA :: Our Products". Nongshim. Retrieved 25 April 2014.
- ^ http://www.trifood.com/saewookkang.asp Korean Food | Saewookkang | Shrimp Flavored Crackers
- ^ a b "Subsidiaries". nongshim.com.
- ^ Lee ,Hyo Sik. "Nongshim's Zha Wang Surges in Ramyeon Ranking." Korea times. Lee Hyo-sik, 25 Nov. 2015. Web. 25 Nov. 2015.
- ^ "농심, 면이 굵고 탱탱한 '짜왕' 출시!". 한국일보. Retrieved 2016-03-18.
- ^ "농심, 2015 전국 라면지도 발표…짜왕 전체 4위 올라." 농심, 2015 전국 라면지도 발표…짜왕 전체 4위 올라. Korea Economy, 25 Nov. 2015. Web. 25 Nov. 2015.
- ^ Shin, Choe Jung. "올해 가장 많이 팔린 스낵은 '새우깡'" 올해 가장 많이 팔린 스낵은 '새우깡' Choe Jugn Shin, 10 Dec. 2013. Web. 10 Dec. 2013.
- ^ 이번엔 고급 짬뽕라면 전쟁...승자는 누구?" : Esc : 특화섹션 : 뉴스 : 한겨레. 2015. Web. 07 Mar. 2016.
External links
- Official website (English)
- Nongshim on Facebook