Lotte Corporation is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea. Lotte began its history on June 28, 1948, by Korean businessman Shin Kyuk-ho in Tokyo. Shin expanded Lotte to his ancestral country, South Korea, with the establishment of Lotte Confectionery in Seoul on April 3, 1967.
Lotte on edge over plants in Russia: Korean food companies that operate plants in Russia have been closely watching Moscow's war against Ukraine and subsequent US-led international sanctions, as they fear a prolonged military conflict could negatively affect their business there
|October 30, 2022|