- Business
- Nongshim Holdings Co., Ltd. (072710.KS) operates as a holding company primarily engaged in the manufacture, import, export, and sale of food products and consumer goods through its subsidiaries. The company oversees core operations in instant noodles including flagship brands such as Shin Ramyun, Ansung Tang Myun, Neoguri, Chapagetti, and bowl noodle variants; snacks like shrimp crackers, onion rings, sweet potato snacks, honey twist snacks, and potato chips; beverages; processed agricultural and marine products; soup powders; ramen flakes, flavored oils, and home meal replacements; as well as food processing equipment, packaging materials encompassing flexible packaging, corrugated cardboard, films, optical films, and protective films, and engineering services. It maintains a small headquarters staff of six employees in Seoul, South Korea, where it was founded in 1965 originally as Lotte Food Industrial Company before adopting its current structure in 2003, with geographic operations spanning South Korea, China, the United States, Canada, Japan, Australia, and Vietnam.
Through key subsidiaries including Nongshim Co., Ltd., Youlchon Chemical Co., Ltd., Taekyung Nongsan, Nongshim Engineering, and Nongshim Development, the company supports a diversified portfolio in the packaged foods industry targeting consumer staples markets with a focus on instant meals, snacks, and related processing.
In recent developments, Nongshim Holdings oversees leadership transitions at subsidiary Nongshim Co., Ltd., where Jo Yong-chul assumed the role of president and CEO effective December 1, 2025, to drive global market expansion, alongside the promotion of third-generation executive Shin Sang-yeol to vice president on January 1, 2026, amid a generational shift with outgoing executives Park Jun and Lee Byung-hak; additionally, the group launched Shin Ramyun Toomba in 2024 and appointed K-pop group aespa as global brand ambassadors for Shin Ramyun in 2025.