033780

KT&G Corp

A major South Korean maker of tobacco and ginseng products, KT&G is known worldwide for its super-slim ESSE cigarettes and for CheongKwanJang red ginseng, and it also runs real estate, cosmetics, and pharmaceutical businesses. Its roots reach back to government monopolies of the late 1800s, and its name simply abbreviates Korea Tobacco & Ginseng. Fun twist: the company now markets "KT&G" as standing for "Korea Tomorrow & Global."