Nongshim
Nongshim Co., Ltd. (Korean: 농심; Hanja: 農心; RR: Nongsim; lit. Farmer's Mind) is a South Korean multinational food and beverage company headquartered in Seoul, South Korea. Nongshim was founded in 1965 under the name Lotte Food Industrial Company. The name was changed to Nongshim in 1978.
Native name | 주식회사 농심 |
|---|---|
Romanized name | Jusik Hoesa Nongsim |
| Formerly | Lotte Food Industrial Company (1965–1978) |
| Company type | Public |
| KRX: 004370 | |
| Industry | Food processing |
| Founded | 18 September 1965 |
| Founder | Shin Choon-ho |
| Headquarters | 112 Yeouidaebang-ro, Dongjak-gu, , |
Area served | Worldwide |
Key people | Shin Dong-won (Chairman and CEO) |
| Products |
|
| Revenue | ₩2,181.62 billion US$1.83 billion (2015) |
| ₩118.28 billion US$99.3 million (2015) | |
| ₩117.33 billion US$98.5 million (2015) | |
| Total assets | ₩2,418.71 billion US$2.03 billion (2015) |
| Total equity | ₩1,646.47 billion US$1.38 billion (2015) |
| Parent | Nongshim Holdings |
| Website | eng |
| Footnotes / references | |
The current logo was published in 1991, which took a form of a seed. In 2003, the business switched to a holding company system and became a subsidiary of Nongshim Holdings.
Nongshim is the largest instant noodles and snack company in South Korea. At the end of 2015, Nongshim had 2.57 trillion won in assets and 2.81 trillion won in sales. It runs 11 factories worldwide, has subsidiaries in Korea and overseas, and operates in more than 100 countries. The company is currently chaired by Shin Dong-won, son of the founder Shin Choon-ho.