Nongshim to establish Russian subsidiary to expand Eurasian presence | Yonhap News Agency

## Summary
OK SEOUL, April 8 (Yonhap) -- Nongshim Co., South Korea's leading instant noodle maker, said Wednesday it will establish a subsidiary in Russia in June as part of its strategy to expand into the Eurasian market. The Russian unit will serve as a regional hub for Central Asia, strengthening sales networks across neighboring CIS countries, including Kazakhstan and Uzbekistan. "Russia is a strategic gateway connecting Europe and Asia, and an attractive market where ramyeon consumption is rapidly increasing," a company official said. "The new subsidiary aims to generate $30 million in sales by 2030 by expanding beyond Russia into CIS markets." In February last year, Nongshim established Nongshim Europe B.V. in the Netherlands to support its expansion into Europe. This graphic provided by Nongshim Co. shows its global subsidiaries. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles Nongshim opens 4th overseas 'ramyeon' 'experience space' at JFK airport Nongshim to launch new kimchi-flavored Shin Ramyun after Netflix tie-up Nongshim to release 2nd batch of instant noodles featuring 'KPop Demon Hunters' Nongshim opens 1st overseas 'experience space' for ramyeon in Peru Keywords #Nongshim-Russian subsidiary Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message (2nd LD) Trump claims Iran's president has asked for ceasefire; Iran denies it Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (3rd LD) Lee says S. Korean actress IU Nobel chemistry laureate in Seoul prev Nongshim to establish Russian subsidiary to expand Eurasian presence Next Nongshim to establish Russian subsidiary to expand Eurasian presence

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SEOUL, April 8 (Yonhap) -- Nongshim Co., South Korea's leading instant noodle maker, said Wednesday it will establish a subsidiary in Russia in June as part of its strategy to expand into the Eurasian market.
Nongshim will set up Nongshim Rus LLC in Moscow to meet growing demand for instant noodles, called "ramyeon," in Russia and the Commonwealth of Independent States (CIS), the company said in a press release.
The Russian ramyeon market is expected to grow to 1.5 trillion won (US$1.05 billion) by 2030 from $790 million in 2025, Nongshim said, citing data from market research firm Euromonitor.
The Russian unit will serve as a regional hub for Central Asia, strengthening sales networks across neighboring CIS countries, including Kazakhstan and Uzbekistan.
"Russia is a strategic gateway connecting Europe and Asia, and an attractive market where ramyeon consumption is rapidly increasing," a company official said. "The new subsidiary aims to generate $30 million in sales by 2030 by expanding beyond Russia into CIS markets."
In February last year, Nongshim established Nongshim Europe B.V. in the Netherlands to support its expansion into Europe.
Currently, Nongshim earns about 40 percent of its total ramyeon sales in overseas markets, including the United States, China and Japan.
The company operates six domestic plants and six overseas facilities -- two in the U.S. and four in China -- and sells flagship products such as Shin Ramyun, Chapagetti and Neoguri worldwide.
This graphic provided by Nongshim Co. shows its global subsidiaries. (PHOTO NOT FOR SALE) (Yonhap)
kyongae.choi@yna.co.kr
(END)
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## Expert Analysis

### Merits
N/A

### Areas for Consideration
- This graphic provided by Nongshim Co. shows its global subsidiaries. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles Nongshim opens 4th overseas 'ramyeon' 'experience space' at JFK airport Nongshim to launch new kimchi-flavored Shin Ramyun after Netflix tie-up Nongshim to release 2nd batch of instant noodles featuring 'KPop Demon Hunters' Nongshim opens 1st overseas 'experience space' for ramyeon in Peru Keywords #Nongshim-Russian subsidiary Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message (2nd LD) Trump claims Iran's president has asked for ceasefire; Iran denies it Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (3rd LD) Lee says S.

### Implications
- OK SEOUL, April 8 (Yonhap) -- Nongshim Co., South Korea's leading instant noodle maker, said Wednesday it will establish a subsidiary in Russia in June as part of its strategy to expand into the Eurasian market.
- Nongshim will set up Nongshim Rus LLC in Moscow to meet growing demand for instant noodles, called "ramyeon," in Russia and the Commonwealth of Independent States (CIS), the company said in a press release.
- The Russian unit will serve as a regional hub for Central Asia, strengthening sales networks across neighboring CIS countries, including Kazakhstan and Uzbekistan. "Russia is a strategic gateway connecting Europe and Asia, and an attractive market where ramyeon consumption is rapidly increasing," a company official said. "The new subsidiary aims to generate $30 million in sales by 2030 by expanding beyond Russia into CIS markets." In February last year, Nongshim established Nongshim Europe B.V. in the Netherlands to support its expansion into Europe.
- This graphic provided by Nongshim Co. shows its global subsidiaries. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles Nongshim opens 4th overseas 'ramyeon' 'experience space' at JFK airport Nongshim to launch new kimchi-flavored Shin Ramyun after Netflix tie-up Nongshim to release 2nd batch of instant noodles featuring 'KPop Demon Hunters' Nongshim opens 1st overseas 'experience space' for ramyeon in Peru Keywords #Nongshim-Russian subsidiary Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message (2nd LD) Trump claims Iran's president has asked for ceasefire; Iran denies it Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (3rd LD) Lee says S.

### Expert Commentary
This article covers nongshim, korea, ramyeon topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 556.