Lotte Confectionery

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Lotte seals deal for Myanmar bakery firm L&M Mayson

31 Jan 2019

Lotte Confectionery has secured the acquisition of a majority stake in a bakery business in Myanmar, adding food manufacturing to its interests in the country.

Lotte Group in major expansion of Russian operations

9 Jul 2018

Lotte Group has announced a major expansion at a plant in Russia, which will involve building a new manufacturing line and doubling the capacity of an existing line.

PepsiCo launches Quaker in South Korea

11 Apr 2018

PepsiCo is launching a line of Quaker products in South Korea for the first time after striking a deal with local giant Lotte Confectionery.

Lotte Confectionery to buy India's Havmor Ice Cream

24 Nov 2017

South Korea's Lotte Confectionery has struck a deal to buy India-based Havmor Ice Cream.

Lotte announces company revamp

27 Apr 2017

South Korea’s Lotte is to create a new united investment wing, under a major restructuring of the group.

Lotte leadership 'indicted over embezzlement accusations'

20 Oct 2016

South Korean prosecutors have reportedly indicted 22 Lotte officials, including founder Shin Kyuk-Ho and current chairman Shin Dong-bin, over corruption allegations. 

More raids at Lotte Group amid bribery allegations

14 Jun 2016

Lotte Group, the South Korea-based conglomerate with interests in food sectors including confectionery, dairy and ice cream, reportedly saw fresh raids on its business units today (14 June), as part of an investigation into a possible slush fund.

BRICs and beyond: Is there still opportunity in China's biscuit market?

27 Jun 2014

China's biscuit market has seen rapid growth in recent years. However, as the category matures the pace of expansion is slowing. With category leader Mondelez International struggling, is there still room for growth in the sector? Katy Askew reports.

INDIA: Lotte to build another Choco Pie plant

20 Feb 2014

Lotte Confectionery is to set up a new plant in India to manufacture Choco Pie chocolate covered cream-filled biscuits, the South Korean company's most popular snack brand in the country.

INDIA: Mondelez, Lotte square off in Choclairs TM dispute

6 Nov 2013

Mondelez International unit Cadbury India has been granted a temporary injunction to prevent Lotte Confectionery from using the brand name Choclairs in the Indian market.

KAZAKHSTAN: Lotte to buy Kazakh confectioner Rakhat

2 Jul 2013

South Korea-based Lotte Confectionery Co. has entered into a deal to acquire Kazakh confectioner Rakhat JSC.

Interview: ISM: Hershey eyes global growth

1 Feb 2013

US confectionery giant Hershey has a vision for growth. The company, which has long faced questions about its US-centric focus, is now looking to overseas markets to fuel sales expansion. Michelle Russell caught up with Thomas Joyce, vice president of customer and industry affairs for Hershey, to find out more about the challenges and opportunities presented by international markets.

Interview: ISM: Guylian adapting strategy to compete in declining UK market

30 Jan 2013

Belgian confectioner Guylian has admitted to seeing a decline in overall confectionery sales in the UK, a key market for the company. Michelle Russell caught up with Mieke Callebaut, marketing and sales director for Guylian Europe and the US at the ISM confectionery exhibition in Cologne to find out what the company is doing to overcome this challenge and where its focus is for the future.

S KOREA: Lotte Confectionery posts H1 profits fall

24 Aug 2012

Lotte Confectionery has reported a slide in first-half profits after a weak second quarter.

JAPAN: Cadbury set to build new chewing gum plant

29 Oct 2010

Cadbury has signalled plans to build a chewing gum production plant in Japan with the acquisition of a site that housed a former Panasonic facility.

SOUTH KOREA: Lotte Confectionery "buys stake in Pakistan candy firm"

25 Oct 2010

South Korean candy maker Lotte Confectionery has reportedly bought a controlling stake in Pakistan's K.S. Sulemanji Esmailji & Sons.

RUSSIA: Lotte opens first confectionery plant in Russia

16 Sep 2010

Lotte Confectionery, a subsidiary of South Korean food conglomerate Lotte Group, has opened its first Russian food plant in Obninsk city, 102 km southwest of Moscow.

SOUTH KOREA/INDIA: Lotte starts Choco Pie output in India

23 Jul 2010

South Korean snacks manufacturer Lotte Confectionery has started to manufacture its Choco Pie biscuit brand at a newly-completed plant in Chennai, southern India.

SOUTH KOREA: Lotte Confectionery books mixed 2009

26 Jan 2010

Lotte Confectionery, the South Korean candy maker, has today (26 January) reported mixed annual results, according to reports.

FRANCE: Asian markets showing signs of recovery - Guylian

19 Oct 2009

Guylian, the Belgian chocolate maker, today (19 October) claimed that markets in Asia had started to show signs of recovery.



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