FIA is pleased to announce that LOTTE, one of Asia’s largest food companies, has joined FIA, strengthening the organisation’s membership base and representation in the region.
An Asian home grown multinational headquartered in Seoul, LOTTE extensively covers dynamic markets such as China, Japan, Vietnam, Malaysia and Indonesia. LOTTE is involved across multiple sectors covering the confectionery industry from manufacturing to retailing. Since LOTTE officially entered the food business with the launch of LOTTE Confectionery, it has extended its reach into key industries such as hotels, department stores, petrochemicals and construction. With a strong focus on product innovation, LOTTE operates one of the most comprehensive food research and development institutes in Korea with state-of-the-art facilities, producing a diverse range of food and beverage products for both domestic and international consumers.
Setting out to be one of the top 10 businesses that lead Asia by 2018, MyeongJai Yea, President, LOTTE R&D said, “We are delighted to be a member of FIA at this time. Asia is one of the world’s fastest growing economies and we see a number of opportunities in this very important region. We look forward to working together with our counterparts in FIA to deliver collaborative solutions for our industry.”
FIA Executive Director, Bev Postma, said “We are delighted to welcome one of Asia’s best known brands to our growing network. I am confident that the team at LOTTE will bring valuable expertise and knowledge to the FIA Committees and enhance the industry’s collective efforts in tackling nutrition, food safety and harmonised food regulation challenges.”
For more information on joining FIA, please visit our Members Page
or contact the FIA Secretariat
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