SEOUL, Feb. 27 (Korea Bizwire) — Orion Corp. announced on February 27 that its flagship product, Choco Pie, achieved record-breaking sales of over 4 billion units worldwide in 2024, generating revenue of 580 billion won ($404 million). The milestone coincides with the product’s 50th anniversary since its launch in 1974. Over the past five decades, cumulative [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korean confectionery firm Orion Corp. said Thursday it has been named the No. 1 player in the 2020 China Net Promoter Score (C-NPS) in the snack pie category for the sixth consecutive year. The C-NPS, to be announced by Chnbrand, a Chinese brand rating organisation, is an index [...]
SEOUL, Apr. 19 (Korea Bizwire) — For the first time ever, Orion Corp. sold more of its signature Choco Pies in Vietnam than in South Korea last year. The South Korean confectionery firm reported on Thursday that sales of Choco Pies in Vietnam rose 15 percent on-year to 92 billion won (US$80.95 million) last year, [...]
SEOUL, Jan 25 (Korea Bizwire) — Confectionery firm Orion Corp. said Thursday it sold more than 500 million of its Choco Pies in Vietnam last year, a milestone that underscores of popularity of its signature snack. Considering that Vietnam’s population is about 100 million, the sales amount to the equivalent of each person consuming five [...]
SEOUL, Dec. 7 (Korea Bizwire) – Orion Corp., a major confectionery company in South Korea, said Thursday its Russian unit will invest US$81.3 million inthe next three years to build a new factory to meet the growing demand for its products in the Eurasian market. The construction of the new production facility in the Tver Region will begin early next year and is planned to be completed by 2020, the company said in a regulatory filing. Orion said that, when construction [...]
SEOUL, July 30 (Korea Bizwire) — A famous Korean chocolate and marshmallow treat offered to North Korean workers in the North-South joint industrial complex is reportedly banned by North Korean authorities. The treat named “Choco Pie” has played an important role in spreading the Korean Wave into North Korean society with its especially sweet [...]
The biting cold, I am not in fear of; the high-rise cliffs, not in fear of; and the scorching sun, not in fear of either. The only thing I am in fear of, however, is being not allowed to reach the one waiting for me. If any single person might be happier by my [...]