KT&G manufactures and distributes tobacco products in South Korea. It primarily produces and sells cigarettes; and manufactures and distributes ginseng, red ginseng products, other health foods, and food and beverage products. The company also develops, manufactures, and distributes drugs, biotech drugs, non-pharmaceutical health complements, medical goods and equipment, cosmetics, and other related products. In addition, it is involved in the real estate, rental, and housing development businesses; and government-commissioned testing, inspection, certification, and standardisation activities. Founded in 1987, KT&G is headquartered in Daejeon, South Korea.