Busan, officially Busan Metropolitan City, is South Korea's second most populous city after Seoul, with a population of over 3.3 million inhabitants as of 2024. Formerly romanized as Pusan, it is the economic, cultural and educational center of southeastern South Korea, with its port being South Korea's busiest and the sixth-busiest in the world. The surrounding "Southeastern Maritime Industrial Region" is South Korea's largest industrial area. The large volumes of port traffic and urban population in excess of 1 million make Busan a Large-Port metropolis using the Southampton System of Port-City classification. As of 2019, Busan Port is the primary port in Korea and the world's sixth-largest container port.
Gimhae International Airport is located on the western end of Busan, South Korea. Opened in 1976, the airport is named after the nearby city of Gimhae. A new international terminal opened on October 31, 2007. Gimhae International Airport is the main hub for Air Busan, and a focus city for Jeju Air, Jin Air and Korean Air. Runway 18L/36R is used for military purposes only for Gimhae Air Base, but due to increasing traffic, there are plans to open the runway for airliners. In 2018, 17,064,613 passengers used the airport.
Lotte Chilsung Beverage Co., Ltd. is a drink manufacturer in South Korea affiliated with Lotte Corporation. The company's name, Chilsung, signifies "Big Dipper" or seven stars, and its logo displays seven stars aligned in a row.
Lotteria is a South Korean company that operates a chain of fast food restaurants in East Asia, having opened its first restaurant in Tokyo in September 1972. Taking its name from its parent company, Lotte Corporation, it currently has franchises in Japan, South Korea, Indonesia, Vietnam, Cambodia, Laos, and Myanmar. The origin of the name is a combination of corporate names Lotte and Cafeteria.
The Hanjin Group is a South Korean chaebol. The group has various industries covered from transportation and airlines to hotels, tourism, and airport businesses, and one of the largest chaebols in Korea. The group includes Korean Air (KAL), which was acquired by the founder Cho Choong-hoon in 1969, and was the owner of Hanjin Shipping before its bankruptcy. In 2013, Hanjin Group officially switched from cross ownership to a holding company structure with the establishment of Hanjin KAL Corporation. The group is controlled by descendants of Cho Choong-hoon, and many construction chaebols are the major shareholders of Hanjin KAL.
Nongshim Co., Ltd. is a South Korean multinational 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.
Lotte Wellfood Co., Ltd., formerly Lotte Confectionery, is a South Korean international confectionery company headquartered in Seoul, South Korea. The company was established in 1967. Currently, it is the third-largest chewing gum manufacturer in the world, and its plants are located in Kazakhstan, Pakistan, Belgium, India, Russia, Myanmar, and China. Lotte Confectionery was renamed Lotte Wellfood in 2023, after being merged with Lotte Foods in 2022.
Skin Food (Korean: 스킨푸드) is a South Korean skincare and cosmetics manufacturer and retailer, headquartered in Seoul.
Myeong-dong is a dong (neighborhood) in Jung District, Seoul, South Korea between Chungmu-ro, Eulji-ro, and Namdaemun-ro. Myeongdong is known for being one of Seoul's main shopping, parade route, and tourism districts. In 2023, it was listed as the ninth most expensive shopping street in the world. The area is known for its two historically significant sites, namely the Myeongdong Cathedral and the Myeongdong Theater. Performances at Myeongdong Nanta Theater are popular.
Yeongdeungpo District is an administrative district in southwest Seoul, South Korea. Although the origin of the name is uncertain, the first two syllables are thought to be from "yeongdeung" (靈登) or "divine ascent", a shamanic rite. The third syllable is "po", representing the bank of a river (浦), referring to the district's position on the Han River. The 2006 population was 408,819.
Shin Kyuk-ho, known in Japan as Shigemitsu Takeo, was a Zainichi Korean businessman known for being the founder of the South Korean-Japanese conglomerate Lotte Corporation (Group), now one of the largest chaebols in South Korea.
Lotte Corporation is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea. Lotte was founded on June 28, 1948, by Korean businessman Shin Kyuk-ho in Tokyo. Shin expanded Lotte to his ancestral country, South Korea, with the establishment of Lotte Confectionery in Seoul on April 3, 1967.
Lotte Hotels and Resorts is a South Korean luxury hotel chain operated by Lotte Hotel Co., Ltd., the hospitality arm of Lotte Corporation. The company was founded in May 1973. Starting with the opening of Lotte Hotel Seoul in 1979, luxury chain hotels opened in Jamsil, Busan, Jeju, and Ulsan. The first business hotel, Lotte City Hotel Mapo, opened in April 2009, and the first overseas chain, Lotte Hotel Moscow, opened in June 2010. On December 8, 2011, the second business hotel, Lotte City Hotel Gimpo Airport opened within the Lotte Mall Gimpo Airport complex.
Shinsegae Inc. is a South Korean department store franchise, along with several other businesses, headquartered in Seoul, South Korea. The firm is an affiliate of Shinsegae Group, South Korea's leading retail chaebol, and one of the big three department store firms in Korea, along with Lotte and Hyundai Department Store. Its flagship store in Centum City, Busan, was the world's largest department store at 3,163,000 square feet (293,900 m2), surpassing Macy's flagship Herald Square in New York City in 2009.
Shin Dong-bin is a South Korean business executive currently serving as the chairman of Lotte Corporation since 2011.
Retailing in South Korea consists of hypermarkets, department stores, flea markets, traditional markets, and underground shopping malls. Hypermarkets sell dry goods and groceries, similar to Western supercentres. Traditional markets are also popular throughout South Korea.
Lotte Holdings Co., Ltd. is a Japanese multinational holding company which focused on confectionery and ice cream processing, hotels and sport management. The company was founded in June 1948 by Korean businessman Shin Kyuk-ho.
Shin Choon-ho was a South Korean businessman who founded Nongshim in 1965.
Shin Dong-won is a South Korean businessman. He is the chairman and CEO of South Korean food and beverage conglomerate Nongshim.
