Vigorous steps! The history of KT&G
Read about KT&G's history to see how it grew into a global company.
- Giant Global Company Present-2002
- Development and Advancement through Innovation 2002-1987
- Beginning of Korean Tobacco History 1980-1883
KT&G, contributing to the national economy
An era of innovative company development
and the recipient of awards for being
an excellent company
Development and Advancement through Innovation
2002 - 1987
| Business Contents | M | Year | M | Awards |
|---|---|---|---|---|
| Sold all shares set aside for privatization (through overseas depositary receipt issues and share repurchases) | 10 | 2002 | ||
| Completed domestic selloff of shares previously held by state-run banks | 6 | |||
| Established the KT＆G Central Research Institute (by merging Korea Ginseng & Tobacco Research Institute) | 3 | |||
| Issued foreign securities (GDR and EB) and listed shares on the Luxembourg Stock Exchange | 10 | 2001 | ||
| 2000 | 11 | Received the best company award in the Customer Satisfaction Award and CEO Award from KMA Consultants Inc. | ||
| 1999 | 12 | Selected as the best company in corporate informationization by the Ministry of Information and Communication | ||
| Completed modernization of Gwangju plant | 9 | |||
| Announced corporate mid- and long-term master plan | 5 | |||
| Established and proclaimed a Customer Charter as part of its efforts to improve customer service | 1 | |||
| Launched Korea Ginseng Corporation, a subsidiary, to spin off its red ginseng business | 11 | 1998 | 11 | Received the Presidential Award in the National Quality Management Competition |
| Became an official sponsor of the Korea Football Association and the national football team | 10 | 1997 | ||
| Changed to a stock company on the commercial law according to the Commercial Law by the Act on the Improvement of Managerial Structure and Privatization of Public Enterprises | 7 | 1993 | ||
| Changed the name from Korea Ginseng & Tobacco Research Center to Korea Ginseng & Tobacco Institute | 4 | 1989 | ||
| Founded Korea Tobacco & Ginseng Corp. Opened the tobacco market | 7 | 1988 | ||
| Founded the Korea Monopoly Corporation | 4 | 1987 |
