South Korean 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. The current nongshim shin ramyun black 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?
