Nongshim

Nongshim Co., Ltd.
Native name
주식회사 농심
Jusik Hoesa Nongsim
FormerlyLotte Food Industrial Company (1965–1978)
Company typePublic
KRX: 004370
IndustryFood processing
Founded18 September 1965; 58 years ago (1965-09-18)
FounderShin Choon-ho[1]
Headquarters112 Yeouidaebang-ro, Dongjak-gu,
Seoul
,
South Korea
Area served
Worldwide
Key people
Shin Dong-won (Chairman and CEO)
Products
  • Shin Ramyun
  • Shin Ramyun Black
  • Neoguri
  • Soon Noodle
  • Jjawang
  • Matchampong
  • Shrimp Crackers
  • Onion Rings
  • Baeksan Mountain Water
RevenueIncrease ₩2,181.62 billion
US$1.83 billion (2015)
Increase ₩118.28 billion
US$99.3 million (2015)
Increase ₩117.33 billion
US$98.5 million (2015)
Total assetsIncrease ₩2,418.71 billion
US$2.03 billion (2015)
Total equityIncrease ₩1,646.47 billion
US$1.38 billion (2015)
ParentNongshim Holdings
Websiteeng.nongshim.com
Footnotes / references
[2][3]

Nongshim Co., Ltd. (Korean: 농심; Hanja: 農心; RR: Nongsim; lit. Farmer's Heart) 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.[4]

The current logo was published in 1991, and is meant to resemble a seed.[5] 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.[6] It runs 11 factories worldwide, has subsidiaries in Korea[7][8] 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.

  1. ^ "South Korea's late ramyeon king leaves a spicy legacy". 3 April 2021. Archived from the original on 5 April 2021. Retrieved 7 April 2021.
  2. ^ "Nongshim USA :: Our Products". Nongshim. Archived from the original on 24 April 2014. Retrieved 25 April 2014.
  3. ^ "Nongshim Co Ltd (004370:Korea SE)". businessweek.wallst.com. Archived from the original on 23 September 2016. Retrieved 30 May 2016.
  4. ^ "너구리·신라면…'농심' 보듬은 신춘호 회장의 경영철학". 미디어펜 (in Korean). Archived from the original on 24 March 2019. Retrieved 22 June 2016.
  5. ^ "농심". www.nongshim.com (in Korean). Archived from the original on 22 November 2018. Retrieved 17 March 2018.
  6. ^ "농심, 2015년 영업익 1182억… 전년比 61%↑" (in Korean). Archived from the original on 17 March 2018. Retrieved 17 March 2018.
  7. ^ "농심". www.nongshim.com (in Korean). Archived from the original on 19 March 2018. Retrieved 17 March 2018.
  8. ^ "농심". www.nongshim.com (in Korean). Archived from the original on 23 June 2016. Retrieved 17 March 2018.