South Korean food and beverage company headquartered nongshim ramyun black Seoul, South Korea. Nongshim was founded in 1965 under the name Lotte Food Industrial Company.
The name was changed to Nongshim in 1978. 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. It runs 11 factories worldwide, has subsidiaries in Korea and overseas, and operates in more than 100 countries.
On 18 September 1965, Nongshim was established under the name Lotte Food Industrial Company in Seoul, South Korea by Shin Choon-ho, brother of Lotte Corporation founder Shin Kyuk-ho. When Nongshim introduced its first ramyun, Lotte Ramyun, in 1965, there were 7 other companies in the market. As a second mover in the ramyun industry, Nongshim focused on research and development. During the 1980s, Nongshim invested highly on machinery, equipment, and systems. The Anseong factory was built in 1981 to specialize in powder soup, used to flavor the ramyun.
Many of Nongshim’s famous ramyun products were introduced during therapy? 1984, and became a leading company of the market in March 1985. The Gumi factory was built in September 1991. Since 1994, Nongshim has used computer-integrated manufacturing for production. The Asan factory was built in April 1993, and it specializes in potato and rice snacks.
In April 1994, Nongshim introduced aseptic production system for cold noodles. During the 1990s, Nongshim focused on exporting and expanded their business in the global market. In July 1997, Nongshim began sponsoring the national Baduk Championship: Shin Ramyun Cup Baduk Championship. Nongshim has been carrying out marketing and advertising that informs the characteristics of its products based on individual product brands rather than corporate brands. It also sets the criteria that Chairman Shin Chun-ho suggested: ‘Advanced ads should not precede products. Nongshim Engineering, Youlchol Foundation, Hotel Nongshim, and Nongshim Development. Nongshim’s headquarters is located in Seoul, South Korea.