26 february 2004 lotte co. , ltd. ( hangul : 롯데 , katakana : ロッテ ) is a south korean conglomerate with headquarters in south korea and japan .

lotte was established in june 1948 in tokyo , by korean businessman shin kyuk-ho ( japanese alias : takeo shigemitsu ) .

shin expanded lotte to his home country , south korea with the establishment of lotte confectionery in seoul on april 3 , 1967 .

lotte eventually grew to become south korea 's eighth largest business conglomerate .

lotte group consists of over 90 business units employing 60,000 people engaged in such diverse industries as candy manufacturing , beverages , hotels , fast food , retail , financial services , heavy chemicals , electronics , it , construction , publishing , and entertainment .

lotte 's major operations are overseen by shin 's family in south korea and japan , with additional businesses in china , thailand , malaysia , indonesia , vietnam , india , usa , uk , russia , philippines , pakistan and poland ( lotte bought poland 's largest candy company wedel from kraft foods in june 2010 ) .

today , lotte is the largest confectionery manufacturer in south korea , and is the third largest in japan behind meiji seika and ezaki glico in terms of sales revenue when only the sales of lotte 's confectioneries are counted .

lotte ( conglomerate )

lotte cool , lotte fresh delica , lotte pharm . , lotte shopping food division ,
documents similar to lotte ( conglomerate ) - wikipedia , the free encyclopedia . txt
lotte ( conglomerate ) - wikipedia , the free encyclopedia . txt | companies of asia | seoul
on april 3 , 1967 . lotte eventually grew to become south korea ' s eighth largest business conglomerate .
food products : lotte confectionery , lotte chilsung , lotteria , e wedel , lotte ham / lotte milk , lotte samkang , angel - in - us , t . g . i . friday’s , swiss boulagerie , lotte cool , lotte fresh delica , lotte pharm . , lotte shopping food division
on april 3 , 1967 . lotte group eventually grew to become south korea ' s fifth largest business conglomerate .
it / electronics : korea fuji film , lotte canon , lotte it , lotte . com , mobidomi
shin raised ”serious concerns” about the planned merger of lotte shopping with the three other affiliates - lotte confectionery , lotte chilsung beverage and lotte food .
a spokesman for the lotte group , a third south korean conglomerate , said wednesday it was cooperating with the prosecutors’ investigation .
lotte , which is south korea ' s fifth - biggest conglomerate , isn ' t just facing a tough time in court .
lotte r & d ; center will work with food producers lotte confectionary , lotte chilsung , lotte foods and lotteria on new products . it will seek out ways to enhance safety and efficiency for distributors lotte department store , lotte mart , lotte super and 7 - eleven .
8 . lotte taiwan confections co . , ltd import and sales of lotte products
korea’s food and retail conglomerate lotte group has reinforced its food research and development power by opening a new center in seoul at a cost of $ 200 million .
2 . lotte usa inc . import and sales of lotte products and production of chewing gum base
9 . lotte china investment co . , ltd . administration of chinese businesses , sale of lotte products
in a filing on the korea exchange on tuesday , the conglomerate ' s unit , lotte chemical corp ( 011170 . ks ) , said it plans to list subsidiary lotte chemical titan holding on the bursa malaysia stock exchange .
for much of 2016 , the conglomerate has been gripped by a feud between brothers who fought to take - over the leadership .
go look at lotte tower in korea its the tallest building there . lotte’s base is hugely located in korea .
lotte , which owns hotels , stores and food products , becomes the second conglomerate mired in the political scandal after jay y . lee , the chief of samsung group , was arrested in february .
amusement parks : lotte cinema , lotte world in seoul , one of the world ' s largest indoor theme parks .
seoul : shin dong - joo , the elder son of lotte group’s founder , has decided to sell most of his stakes in lotte shopping and three other units of south korea’s no . 5 conglomerate , his company said without providing the value of the sale .
shin dong - joo , center , the elder son of the founder of the lotte group , lost his management positions in a family feud but remained a substantial shareholder in key companies within the conglomerate .
lotte co . , ltd . is a multinational food and shopping corporation with headquarters in south korea and japan . lotte was first established in june 1948 in tokyo , by shin kyuk - ho . from tokyo , lotte expanded into south korea with the establishment of lotte confectionary co . , ltd in seoul on april 3 , 1967 and eventually grew to become korea ' s eighth largest business conglomerate .
shin dong - bin , center , the younger son of the founder of the lotte group , speaking to reporters at an airport in seoul , south korea , a few days after taking control of the conglomerate .
it all began with one man , takeo shigemitsu in 1948 japan , a world - class conglomerate grew from selling the simple concept of chewing gum sales .
lotte group , south korea’s no . 5 conglomerate , has been among the hardest hit companies after it handed over land in southern south korea so the terminal high altitude area defense ( thaad ) system could be installed there .
an sk group official said a group executive was questioned as a witness regarding allegations that the conglomerate was forced to give donations but declined to provide further details .
the conglomerate has spent a total of 225 billion won ( $ 201 million ) in constructing the new eight - story building on 83 , 000 square meters .
kuala lumpur : south korean conglomerate lotte group plans to list its malaysian petrochemical unit in the third quarter , company filings show , in an initial public offering that sources say could raise as much as $ 1 . 5 billion .
lotte chemical titan was acquired by lotte chemical corp . a listed company forming part of the lotte conglomerate of korea , in 2010 . we become one of lotte chemical corp . ’s largest overseas subsidiaries . through the years , the company has been consolidating its position as market leader and continue to evolve to stay competitive in the petrochemical industry and to achieve its goal of becoming the “no . 1 petrochemical company in south east asia . ”
the conglomerate has spent a total of 225 billion won ( us $ 201 million ) in constructing the new eight - story building on 83 , 000 square meters .
the conglomerate has been under pressure to resolve its complex structure and improve governance after a public feud between founding family members that began in 2015 and has pitted lotte group chairman shin dong - bin against elder brother shin dong - joo .
a hotel lotte co . logo is displayed on a window at the hotel lotte seoul hotel in south korea . photographer : seongjoon cho / bloomberg
shareholders at lotte group affiliates last month approved a plan to set up the holding company by restructuring the conglomerate’s four listed units to boost operational transparency , a move analysts say could further enhance its chairman’s control amid a power struggle with his brother .
in a typical chaebol conglomerate , the chairman’s family owns a small portion of the corporate empire but controls it through loyal executives at subsidiaries that are also interlocked through circular holdings .
lotte , south korea’s fifth - biggest conglomerate , is grappling with the chinese shutdown of dozens of its stores in china , after it agreed to provide land for the u . s . terminal high altitude area defense ( thaad ) system outside seoul .
among those questioned were an executive at samsung , which donated a total of 20 . 4 billion won to the two foundations , the most of any conglomerate , as well as executives from the sk and lotte groups , the senior prosecution official said .
the new r & d ; center will bring synergy for the food and retail conglomerate as it plans to focus on developing key technologies that it hopes will serve to enhance its competitiveness in the food and bio businesses in the future , lotte said .
in the novel (
charlotte
is also the name of a new brand of deluxe movie theatres run by lotte ) . lotte ' s current
the samsung group , south korea’s largest conglomerate , is embroiled in the scandal and its head , jay y . lee , is in jail on bribery , embezzlement and other charges .
shin dong - bin , chairman of south korean conglomerate lotte group , will be questioned today by prosecutors in seoul in connection with the corruption scandal that led to former president park geun - hye’s impeachment and the arrest of samsung heir apparent lee jae - yong .
lotte group , the fifth - largest conglomerate in south korea and one of the country’s major foreign retail operators in china , said on wednesday its chinese website has suffered a disruption that could be a cyberattack by unidentified chinese hackers , south korea’s news agency yonhap reported .
in the 1980s , the kukje group , a conglomerate , refused to make charitable contributions to then - president chun doo - hwan’s ilhae foundation , according to several media reports at the time .
prosecutors questioned three officials linked to south korea’s third - largest conglomerate , sk group , thursday as part of a widening corruption scandal that led to the dismissal of president park geun - hye .
lotte chemical said the size and pricing of ipo is yet to be determined .
lotte ' s array of businesses range from retail stores and hotels to chemicals .
on friday , the resulting scandal claimed its latest scalp , as a court jailed lee jae - yong , the heir to mega - conglomerate samsung , for five years on bribery and corruption charges .
the logo of lotte hotel is seen at a lotte hotel in seoul , south korea , june 7 , 2016 . reuters / kim hong - ji / file photo
the investigation ensnared jay y . lee , de facto head of the country ' s biggest conglomerate , samsung group . the billionaire was jailed after being indicted on corruption charges . he has denied wrongdoing .
such actions suspended plans for an ipo on hotel lotte – korea’s biggest hotel chain .
korea ' s lotte to buy samsung ' s chemical business for $ 2 . 63b
lotte ' s shin dong - bin in september . he has denied any wrongdoing .
a south korean conglomerate has landed itself in hot water in china after it agreed to provide land to host a us - backed missile shield system that beijing has labelled a strategic threat to its national security .
the retail giant lotte , with interests ranging from hotels and retail to food and chemicals , becomes the second conglomerate mired in the political scandal after jay y . lee , the chief of the biggest , samsung group , was arrested suspected of bribing park and her friend , choi soon - sil .
it’s an international conglomerate , with headquarters in both japan and south korea . the two ceos of japanese and korean lotte groups are brothers , born to the original founder and his japanese wife , and both have korean and japanese names . so , the company can be considered both japanese and korean .
lotte usa , inc . , headquartered in battle creek , michigan is a wholly owned subsidiary of lotte co . , ltd . of japan . established in september of 1978 , lotte usa , inc . manufactures chewing gum base , and imports cookies . lotte usa . inc . operates a vigorous export business of gum base to our parent and affiliate companies .
after almost seven years of planning and 4 trillion won ( $ 3 . 6 billion ) in spending , the conglomerate is preparing to unwrap its lotte world tower to the public . the building boasts some record - setting amenities : highest glass floor at the top of a building and highest swimming pool .
“we find the decision on the indictment regrettable , ” lotte group said in a statement .
shin dong - bin is the younger son of lotte group founder shin kyuk - ho .
6 . lotte vietnam co . , ltd . production and sale of chewing gum and candy
lotte e & c hires new members twice a year as well as our family companies .
the first day of the lotte trial was a dramatic one . here is the background .
the lotte corp . world tower in seoul , south korea , on march 13 , 2017 .
dong - bin said the company would spend 7 trillion won , or about $ 5 . 9 billion , to remove many of the interlocking shareholder rings . that would make the conglomerate more resilient to losses at any of its component companies .
4 . thai lotte co . ltd . production and sale of chewing gum , candy and cookies .
shin dong - bin , chairman of the lotte group , was charged with tax evasion and other crimes .
lotte holdings co . , ltd . – lotte group ' s world headquarters – are located in shinjuku , tokyo : myeongdong , seoul . it is controlled by the founder shin kyuk - ho ' s family .
lotte holdings co . , ltd . – lotte group ' s world headquarters – are located in myeongdong , seoul and shinjuku , tokyo . it is controlled by the founder shin kyuk - ho ' s family .
lotte holdings co . , ltd . – lotte group ' s world headquarters – are located in myeongdong , seoul and shinjuku , tokyo . it is controlled by the founder shin kyuk - ho ' s extended family .
lotte’s chief shin is also on a separate graft trial involving family members charged with embezzlement and breach of trust .
some 300 top executives , including lotte group chairman shin dong - bin will attend the ceremony , it added .
head of retail powerhouse lotte indicted in south korea corruption scandal | news | dw | 17 . 04 . 2017
lotte group has more than 90 firms in sectors as diverse as beer , hotels , theme parks and chemicals .
the relationship between skyscrapers and economic downturns has been named the
skyscraper curse
by mark thornton , senior fellow at the mises institute in auburn , alabama . lotte ' s 123 - story tower got a taste of that misfortune on monday , when the conglomerate said the scheduled march 22 opening of the observation deck would be delayed until at least april 3 following an elevator malfunction .
my subjective thinking is that while lotte is technically a japanese company , it is a korean company from practical perspectives .
interestingly enough , the name lotte has neither japanese nor korean origin , but rather german . from the group’s website :
the applicant can become a vital member of the lotte group through a wide variety of experience and creative thinking abilities .
lotte chemical titan produces malaysia’s most comprehensive portfolio of olefins and polyolefins which contribute to the enhancement of every day life .
shin and other members of the family behind lotte are already on trial in a separate corruption case involving the company .
shin offered the bribe in exchange for a key government license for lotte ' s duty free business , according to prosecutors .
younger son and lotte group chairman shin dong - bin , 62 , is accused of embezzlement and breach of fiduciary duty .
formerly the head of lotte shopping , shin young - ja has resigned from both the company and her other board posts .
at this week’s press conference shin dong - bin vowed to eliminate at least four - fifths of these cross - shareholdings ; to push for a listing of hotel lotte ; and to switch lotte korea to a holding - company structure . the finance minister , choi kyung - hwan , had given warning that state agencies would scrutinise lotte’s “opaque ownership structure and cashflow” if necessary ; the fair trade commission and the financial supervisory service have already begun investigations . the federation of small business owners , a 7m - strong lobby , has launched a boycott of lotte products ; some shopkeepers say they may refuse to accept lotte credit cards .
the center is lotte ' s second r & d ; establishment on home turf , which is five times bigger than the existing one also located in an eastern district of seoul . lotte currently has overseas research units in china , indonesia and vietnam .
shin ' s remarks came as the country ' s fifth - largest conglomerate is suffering from a steep fall in its retail business amid a diplomatic row between seoul and beijing over the deployment of a u . s . missile defense system here and a string of malpractices related to its murky governance structure .
earlier in august , lotte vice - chair lee in - won was found dead hours before a police interview about corruption allegations .
it has not been decided whether the retailer will sell all its china supermarkets or part of them , a lotte official said .
a lotte official told yonhap that the disruption was caused by a virus planted by hackers , citing analysis by computer security experts .
[ the investor ] lotte group chairman shin dong - bin is expected to maintain his control over the retail giant as he has secured full backing from a key japan - based unit , industry sources said on may 22 . shin’s leadership of korea’s fifth - largest conglomerate has been in jeopardy as he is facing ongoing trials in seoul for alleged involvement in an influence - peddling scandal that led to the ouster of former president park geun - hye . despite the turmoil , the board of directors of tokyo - based lotte holdings , a pivotal company in lotte‘s governance structure , passed a resolution on may 1 to continue to uphold shin as the conglomerate’s head , according to lotte group in seoul . the decision gives shin , 62 , firm grounds to tighten his grip on the business empire with 90 affiliates , and an upper hand in the prolonged power struggle with his elder brother shin dong - joo , who has challenged him for the top post of the 50 - year - old family business founded by their father . lotte holdings president tsukuda takayuki confirmed the decision in an interview with japanese media last week , saying that the management won’t be swayed by shin’s indictment although it may bring some temporary setback . by alex lee and newswires ( alexlee @ urltoken )
he was also accused of arranging for lotte subsidiaries to buy stocks of another affiliate at illegally high prices , and giving lucrative contracts — like running cafeterias in a chain of lotte movie theaters — to a company owned by his family members without conducting competitive bidding .
his business empire has operations in south korea ( where it is the fifth - biggest conglomerate ) and japan , and combined assets of $ 96 billion—and it is the last of the chaebol to be managed by its founder . mr shin began lotte as a chewing - gum business in post - war japan . in 1967 he took the business home , where park chung - hee , south korea’s then dictator , was offering tax breaks and perks for foreign investors . from its base in seoul , lotte korea moved into fast food , hotels , amusement parks , department stores and cinemas .
lotte shopping previously said it was considering selling its supermarkets in china and other options should political tensions between the countries continue next year .
“the splits and mergers aimed at launching a lotte holding company would not benefit individual shareholders , ” shin dong - joo’s statement said .
the center is lotte ' s second r & d ; establishment on home turf , which is five times bigger than the existing one also located in an eastern district of seoul . lotte currently has overseas research units in china , indonesia and vietnam . ( yonhap )
the shin brothers , dong - joo and dong - bin of lotte group , this week were involved in a publicized tug - of - war that led to younger brother dong - bin to oust his own father , lotte group’s founder shin kyuk - ho . on tuesday , lotte group korea , which operates in the food , chemicals and retail sectors , confirmed its de facto holding company in japan , lotte holdings , voted to demote the founder from general chairman to honorary chairman . the latter role does not directly engage in management decisions .
lotte shopping shares closed down 2 percent prior to the news , versus the wider market . ks11 that was up 0 . 7 percent .
the ipo was originally planned for last year but was shelved following revelations of south korea ' s investigations into alleged fraud at lotte group .
attempts to visit lotte’s chinese website have failed since tuesday afternoon , meeting only a message saying that the server could not find the webpage .
four members of the powerful family behind the $ 81bn ( £66bn ) lotte group business empire have gone on trial in seoul this week .
the conglomerate is due to hold a dedication ceremony for the new eight - story building set up on 83 , 000 square meters , later in the day . it has injected a total of 224 . 7 billion won ( us $ 200 . 5 million ) in the r & d ; center , it said in a statement .
an “unmanaged scandal” of this scale is unusual , says jun sung - in of hongik university in seoul , even by the standards of fractious chaebol families . it is intense because “the stakes are high and the arena is small” : securing the chairmanship of lotte holdings at a forthcoming shareholder meeting . that firm is thought to have a near - absolute stake in hotel lotte , the de facto holding company of lotte korea .
lotte group ' s major businesses are food products , shopping , finance , construction , amusement parks , hotels , trade , oil and sports .
7 . lotte china foods co . , ltd . production and sale of chewing gum , cookies ( semi - baked cake , koala march )
lotte has injected a total of 70 billion won ( $ 62 million ) into mart stores in china to support the loss - making operations .
the problems have put lotte into its worst crisis ever ,
said bruce lee , chief executive officer of zebra investment management in seoul .
mr shin ceded control of the lotte business empire , which spans hotels to department stores , after being ousted by his younger son in 2015 .
an executive is kicked out of the management of his family’s $ 79 billion business empire and suspects his younger brother is behind the move . the elder brother enlists the help of the chairman — their father — in regaining power . but the younger brother dethrones their father , too , and consolidates control of the conglomerate , at least for now .
mr . shin is the most prominent head of a chaebol conglomerate to face corruption charges since lee jay - hyun , chairman of the food and entertainment group cj , was arrested in 2013 . mr . lee was convicted on charges of tax evasion and embezzlement the next year , but he was released from prison in an annual presidential pardon in august .
the name of lotte came from mr . shigemitsu’s fondness for the character of charlotte in goethe’s “the sorrows of young werther . ” since our founding in japan in 1948 , the lotte group has been guided by a philosophy from the perspective of the customer , searching for original concepts , and the demands of quality products . the foundation of the group’s business was erected in japan and then expanded to south korea . lotte is now comprised of more than 60 affiliated companies world - wide , with a family of 38 , 000 employees . with our base established in confectionary , the lotte group expanded .
3 . lotte group korea production , sale , and distribution of sweets and foodstuffs ; tourism and services ; heavy chemicals ; finance business ; etc .
while lotte’s growth stalled in japan , the younger son , dong - bin , helped build it into south korea’s no . 1 retail giant through mergers and acquisitions . under his leadership , lotte expanded its petrochemical business , opened a chain of shopping malls in china and vietnam and bought hotels abroad , including the new york palace hotel . it is building the 1 , 821 - foot lotte world tower , south korea’s tallest building , in seoul .
the sixty - five - year - old has been accused of colluding with her confidante choi soon - sil to receive bribes from lotte and samsung .
monday ' s session was a rare reunion of lotte ' s 94 - year - old founder shin kyuk - ho and his three oldest children .
its subsidiaries’ ownerships and futures are entangled in 416 rings of circular shareholding , which would make a diagram explaining it all look like a bowl of spaghetti . the structure is designed in part to prevent hostile takeovers by ensuring that no large stakes will be vulnerable . but it also means financial troubles at one company can easily spill over into the rest of the conglomerate .
the country’s lawmakers were concerned enough that they called a parliamentary hearing on lotte’s troubles last week , in which the younger brother personally apologized for the turmoil .
the lotte group has said most of the allegations aren ' t directly linked to him as they involve events during the time his father was in charge .
both brothers have around a 20 % stake in lotte holdings , while their father holds a 28 % stake . ( the bulk of the brothers’ billion dollar fortunes come from other holdings in korean - listed lotte companies . the father isn’t a billionaire , having shifted most of the fortune to them years ago ) .
its duty - free business is bearing the brunt of beijing ' s decision to ban tours to south korea in apparent retaliation over the deployment of the thaad battery here , while shin and his family are standing trial over a string of corporate crime allegations . the conglomerate is also implicated in a separate graft scandal involving former south korean president park geun - hye and her friend .
it really depends . the company’s origin is clearly japanese despite the founder being korean . the early investors in lotte were japanese investors , and the company grew big from selling products in japan - mainly chewing gum . back in the day when korea was in dire need of foreign investments , former president park jung - hui sought help from wealthy koreans abroad , lotte’s founder shin kyuk - ho was one of those people who responded the call . as a government invited investor to korea , shin was given special privileges to setup company in lotte without local partner , and received same tax breaks as local corporations but with capital and financial ties with japan . using its special position in the market , lotte was able to arbitrage its ability to borrow cheaply in japan to finance its operations in korea . this backfired in the late 70’s as value of yen rose rapidly , but in the end korea’s economy kept pace with japan’s and eventually overtook japan’s growth after mid - 80’s . why is this important ? because after 20 years of rapid growth in korea , lotte’s korean operation accounts for over 80 % of lotte conglomerate’s revenue . while the hq is in japan , its regional hq in korea is several times larger , and ceo spends most of the time in korea . so , in a way it feels like a korean company .
mr . shin was accused of arranging for his father and other relatives to receive fat salaries from lotte subsidiaries although they did not work there , prosecutors said .
the new holding company , probably lotte confectionery ' s investment entity , will then possibly seek to merge with unlisted hotel lotte co . , the current de facto holding firm of the group , giving chairman shin a major controlling stake that will solidify his leadership of the family - controlled business empire , industry watchers say .
china ' s retribution over the missile system will exacerbate the problem , and lotte group is especially vulnerable . most of its 99 lotte mart stores in china are closed for alleged safety violations , and its joint - venture factory with hershey co . in shanghai was ordered by chinese authorities to stop production for a month .
in january the board of directors at lotte holdings , which in effect controls the group from japan , dismissed shin dong - joo , then its vice - chairman , from all executive posts . it looked like their father was paving the way for shin dong - bin to succeed him ; and last month the younger brother was made chairman of lotte holdings . but on july 27th the founder , elder son at his side , said he was firing all the firm’s board members , including his younger son . the next day shin dong - bin gathered lotte directors to mount a counter - coup , demoting his father to an honorary position at lotte holdings .
the group has been pushing for an initial public offering ( ipo ) of hotel lotte , but the plan has been temporarily held back due to unfavorable market conditions .
the bitter battle between the two brothers triggered investigations into the lotte group , which led to 22 people - including the four family members - being indicted by prosecutors .
lotte has now become one of food and lifestyle business which provides wide range of consumer oriented products and services , not only in just a confectionary business . lotte co . , ltd . is the center of the group which achieves dynamic business development among various business categories . strong and unique individuals are taking part in each business field .
lotte denied allegations that it made improper deals with park , or those linked to her , for favors , but said it would explain itself at court to resolve suspicions .
by mid - august , the dust had settled , with dong - bin emerging as the victor . shareholders of lotte holdings approved his leadership and his management plans , but the sibling dispute is not completely over . dong - joo still is a major shareholder in key lotte companies , and each brother has threatened to take the other to court .
a household name in south korea , lotte operates department stores , duty - free shops , shopping malls , hotels , amusement parks , multiplexes , burger joints and coffee shops .
the defendants include the group ' s elderly founder , shin kyuk - ho , who first proposed the lotte world tower three decades ago . the family members deny the charges .
lotte group , south korea ' s food and retail giant , unveiled thursday its new research and development center in eastern seoul , vowing to strengthen its food and bio sectors .
prosecutors allege park colluded with choi to make lotte ' s shin give 7 billion won ( $ 6 . 2 million ) in bribes to a foundation choi had set up .
the judge had to ask the lotte group founder to be quiet . mr shin is said to suffer from dementia , according to a local media report citing his eldest son .
this is in part because all the talk of ownership structures has ignited nationalist sentiment . the shins use japanese names and speak halting , accented korean . many south koreans have learned that lotte is , in effect , controlled from japan just at the moment when they are celebrating 70 years of being freed from japanese occupation . in a show of patriotism for the anniversary , lotte made much of a huge south korean flag that it displayed ( at a cost of $ 100 , 000 ) on the unfinished lotte world tower in seoul . the skyscraper , soon to be the tallest in the country , has been beset by safety issues . south koreans have grumbled that lotte is trying to conceal its problems with their national flag .
a view of the ciputra world 1 , lotte shopping avenue , shopping mall in jakarta , indonesia june 26 , 2016 . picture taken june 26 , 2016 . reuters / iqro rinaldi
lotte chemical said it plans to offer up to 740 . 48 million shares in its malaysian unit , with an over - allotment option for up to 55 . 54 million shares .
shin and lotte have denied wrongdoing . in an interview with cnn earlier this month , he said he wasn ' t worried about ending up behind bars because he ' s innocent .
the chairman of retail giant lotte has been charged over the graft scandal that brought down the country ' s leader . ousted president park geun - hye has also been formally indicted .
shin dong - joo , the eldest son of lotte ' s founder , had been considered the heir apparent but was usurped by his younger brother who had successfully expanded the brand .
indicted with mr . shin on wednesday were his brother , shin dong - joo , 62 ; their 94 - year - old father , the lotte founder , shin kyuk - ho ; and the senior mr . shin’s common - law wife and a former winner of the miss lotte beauty pageant , seo mi - kyung , 57 . none of them was arrested .
“lotte is what it is today due to the great leadership of the general chairman , ” said hwang kag - gyu , a lotte executive and an ally of dong - bin , referring to the founder . “if you compare the performances of the two brothers , it’s clear who is the proven leader , who is better for the group and for its stakeholders and employees . ”
chinese state media also began to rebuke lotte’s decision with threats of boycotts of its business in china . in an editorial on wednesday , global times , a nationalist tabloid published by people’s daily , said that as lotte was unlikely to change its mind , “the determination of chinese society to make it pay the price for its decision to support to host the thaad would be firm too . ”
prosecutors investigating the bribery and influence - peddling scandal said on thursday in a statement : “we’ve summoned lotte chairman shin dong - bin for questioning at 9 : 30 am tomorrow as a witness . ”
of lotte’s 99 mart stores in china , 74 were shut down by fire authorities over safety violations such as boxes blocking exit doors . another 13 stores were shut down because of difficult business conditions .
shin dong - bin , the youngest son of lotte group founder shin kyuk - ho , cemented control of the group in 2015 with the support of shareholders in a japan - based holding company .
the elder shin also said lotte shopping should ”immediately” withdraw from the chinese market , after most of its stores were shut down in the wake of a diplomatic row between beijing and seoul . - reuters
“this happened because while lotte has been growing , it didn’t do enough to improve its ownership structure and management transparency , ” he said , bowing in apology at a news conference in seoul last month .
lotte is a company that i made , i have 100 % of the shares , who indicted me ?
the 94 - year - old reportedly shouted before throwing his cane on the floor .
lotte group will continue with its growth as a trusted company by building a transparent management structure and strengthening compliance ,
shin told a group of japanese investors including nomura securities co . and mizuho bank .
by wednesday , following an emergency board meeting , dong - bin was able to fend off the attack and seize back control of the $ 97 billion ( assets ) empire , keeping both his titles , ceo of lotte holdings and chairman of korea’s lotte group . the company said the son’s move , which was believed to be backed by the founder , went against protocol and did not reflect the decisions of other board members .
seoul ( reuters ) - south korean prosecutors on monday charged ousted president park geun - hye and lotte group chairman shin dong - bin with bribery in the latest twist to a corruption scandal that rocked the country for months .
the recent performance of the lotte giants , one of a dozen baseball teams belonging to south korea’s chaebol , its family - owned conglomerates , has been uninspiring . but when the team’s chief executive resigned this week , it was to distance himself from the “disgrace” of another turf war : a jostle for succession at the team’s parent group between his two cousins , the sons of the lotte chaebol ’s nonagenarian founder and chairman , shin kyuk - ho .
yet this isn’t fiction . it’s the saga of the lotte group , a household name in south korea that includes a nationwide chain of hotels , shopping malls , movie theaters , apartment buildings , coffee shops and burger joints .
the glass - bottomed observation deck sitting 118 stories up in the seoul sky isn ' t for the faint of heart . that condition would apply to the tower ' s builder , the beleaguered lotte group , as well .
( the research center ) will be the base for the food affiliates ' leap toward global markets and a mecca that realizes the future of our food industry ,
lotte group chairman shin said in the opening remark .
prosecutors said monday that they have indicted lotte group chairman shin dong - bin on bribery charges . he joins lee jae - yong , the heir to the samsung business empire , who was indicted at the end of february .
seoul , july 10 ( yonhap ) - - the head of south korean retail giant lotte vowed on monday to boost the group ' s transparent management as it attempts to tide over a string of troubles through a governance shakeup .
the court set a march 27 hearing for shin dong - bin and lotte executives in the trial , which may last months before a verdict is reached . a hearing date for other family members will be set in the future .
the verdict against choi soon - sil sets the stage for a longer jail term for park , who is facing similar charges in a separate trial . the court also ordered immediate arrest of lotte group boss shin dong - bin .
during an ir session held in tokyo , lotte group chairman shin dong - bin said his group will be able to better adapt to changing market circumstances with transparent management once the revamp plan for its management structure is completed this year .
lotte group chairman shin dong - bin arrives at the seoul central district court in the capital on july 6 , 2017 , to stand trial over allegations of bribery involving former president park geun - hye and her friend . ( yonhap )
lotte faces trouble at home , too . the group ' s chairman , shin dong - bin , and three other family members went on trial march 20 on charges ranging from embezzlement to fiduciary breaches amounting to about 280 billion won .
still , the economic repercussions may get worse in the short term since lotte and other korean companies have limited ability to resist chinese pressure . china says the missile shield called thaad will break the regional strategic balance and wants it withdrawn .
in mid - july , dong - bin was named chief executive of lotte holdings of japan , the de facto holding company of the entire group . but dong - joo fought back , appealing to his father and rallying support from uncles and his half sister , who local media said “holds the ears” of the wheelchair - bound patriarch . in late july , dong - joo said the father had ordered the removal of dong - bin and his allies from the board of lotte holdings .
lotte is one of south korea’s biggest employers , with 310 , 000 people on its payroll at home and abroad . in 2014 , its 80 subsidiaries posted 93 trillion won , or $ 79 billion , in revenue . but it had humble roots .
mr . shin stowed away on a ship to japan in 1941 , when korea was still a japanese colony . there , he attended college and started a chewing gum company , later expanding his business to his home country . his korean wife died young , leaving him with a daughter . he later had two sons with his japanese wife : dong - joo , 61 , put in charge of lotte’s operation in japan ; and dong - bin , 60 , the leader of lotte in south korea .
a samsung group spokeswoman could not confirm whether the official was questioned by prosecutors but said samsung will fully cooperate with the investigation . lotte group said two group executives were questioned last weekend but declined to provide further comment as the prosecutors’ probe is still underway .
lotte is kind of the perfect storm in terms of vulnerability ,
said andrew gilholm , shanghai - based principal and director of analysis for greater china and north asia with control risks .
they ' re in sectors that are very exposed .
seoul , june 1 ( yonhap ) - - lotte group , south korea ' s food and retail giant , unveiled thursday its new research and development ( r & d ; ) center in eastern seoul , vowing to strengthen its food and bio sectors .
lotte doesn ' t dispute that it gave the money to the foundation in response to a request
to cooperate in matters of national interest ,
a spokeswoman for the company said . but it denies providing the money in return for any political favors .
seoul , south korea — the head of the south korean retail giant lotte , one of the country’s largest family - controlled conglomerates , was indicted on wednesday on tax evasion , embezzlement and other criminal charges , the latest high - profile corruption scandal to hit big businesses here .
a series of financial scandals has dogged the firm and disrupted its plans . the brothers’ sister shin young - ja saw her home raided before she was arrested for bribery . 17 lotte offices in seoul were subject to raids of their own after a police found evidence of fraud .
lotte chemical titan‘s production site in malaysia consists of eleven process facilities , two co - generation plants and three tank farms . they are located on 2 sites in pasir gudang and tanjung langsat in the state of johor . underground pipelines , shared utilities and controls enable facilities on these sites to operate as a single integrated petrochemicals complex . vertical integration of olefins and polyolefins production has enabled the company to add value and realize gains along the value chain while our customers have the assurance of consistent quality and dependable supply . this integration facilitates higher operating rates and cushions the impact of cyclicality . in 2006 , lotte chemical titan acquired pt lotte chemical titan nusantara , indonesia’s first and largest polyethylene plant in the country . this acquisition boosted the polyolefins capacity by approximately 50 % , thus making us one of the largest producers in south east asia .
the scandal that brought down park and choi soon swept up both those companies , with top executives from both ending up in the dock . lotte chairman shin dong - bin was indicted on bribery charges in april , while samsung ' s lee was sentenced to five years prison .
seoul , june 1 ( yonhap ) - - lotte group , south korea ' s food and retail giant , said thursday , it will unveil its new food research and development ( r & d ; ) center in eastern seoul , vowing to strengthen its food and bio sectors .
corruption was the number one issue for south korean voters going into the election , with many pointing to the perceived close ties between members of the country ' s political elite and the chaebols - - the massive conglomerates like samsung and lotte group that dominate south korea ' s economy .
several relatives of the lotte chairman , shin dong - bin , 61 , were also indicted , with the family accused of evading $ 76 million in taxes over all and costing the company $ 165 million through embezzlement and breach of trust , south korean prosecutors said in a news release .
in june 2016 , companies of the group were raided by south korean prosecutors , investigating into a possible slush fund as well as breach of trust involving transactions among the group ' s companies . [ 12 ] the investigation forced its hotel lotte unit to abandon an initial public offering and lotte chemical corp to withdraw from bidding for axiall corp . [ 12 ] vice chairman , lee in - won , was found dead in august same year . he was suspected of suicide just hours before being questioned by prosecutors . [ 12 ] lee was considered the top lieutenant of chairman shin dongbin . [ 12 ]
prosecutors accused park of colluding with choi to receive 7 billion won ( $ 6 . 16 million ) from lotte for favors , they said in a statement . park was also charged with abuse of power and coercion by pressuring big businesses to contribute funds to non - profit foundations , the prosecutors said .
south koreans’ goodwill towards the chaebol has been tested recently . misbehaviour by prominent scions of business dynasties has caused outrage , as have internal restructurings that appear to benefit the founding families but disadvantage outsiders . lotte has a particularly woolly structure . the country’s fair trade commission says its 416 circular shareholdings account for over 90 % of all those at south korean firms . according to chaebul . com , shin kyuk - ho uses these to control the lotte group through a minuscule 0 . 05 % stake ( lee kun - hee , the ailing chairman of samsung , has 2 . 24 % of his group ) .
accusations have flown . shin dong - bin says his older brother was preying on their father’s frailty , forcing his hand . shin dong - joo produced a letter and an audio recording of a conversation with his father suggesting he was the rightful heir . he also claims his brother hid from his father large losses at lotte’s chinese unit . both have appeared on television to stake their claim . on august 11th shin dong - bin made his second public apology for the squabbling this month . in a live television address ( pictured ) he pledged to improve transparency at the group and assured viewers that “lotte belongs to korea” .
sk group chairman chey tae - won ( left ) samsung electronics vice chairman lee jae - yong ( center ) and lotte group chairman shin dong - bin take an oath during a parliamentary probe into a scandal engulfing president park geun - hye at the national assembly in seoul , dec . 6 , 2016 .
※ thank you for your continued patronage at sulwhasoo spa at lotte hotel . sulwhasoo spa is currently under reconstruction and we are unable to take reservations at this time . we apologize for the inconvenience . we hope to see you soon with a new and improved spa . thank you . sulwhasoo spa realizes the value of sangseng by harmonizing your body and mind , and brings out the greatest beauty that is inherent in you . the sulwhasoo spa at lotte hotel is the first luxury hotel spa in korea to have a salt room . you will achieve harmony and tranquility between your mind and body in this little piece of heaven .
shin dong - bin , the head of south korea ' s retail powerhouse lotte , was charged with bribery on monday after he allegedly offered 7 billion won ( 5 . 79 million euros , $ 6 . 15 million ) to a sports foundation linked to a close aide of former president park geun - hye .
lotte food co . , ltd . engages in the manufacture and sale of food products . its products include fatty foods , iced products , processed meats , seasonings , breads , noodles , fruits , vegetables , and others . the company was founded on january 10 , 1958 and is headquartered in seoul , south korea .
lotte r & d ; center , located in the magok industrial complex of western seoul , opened thursday as part of the group’s ambitious project timed with the 34th anniversary of its founding . it will be responsible for coming up with a new pipeline for its food labels and ensuring food safety and hygiene in storage and distribution .
the asian retail giant said last month that it had closed three retail stores in china . it also faced a series of regulatory investigations into its operations in china late last year . on monday , after it announced its decision , lotte said that it was concerned about further business fallout caused by the tensions between the two nations .
lotte is vested in several other industries : foods , beverages , dairy products , restaurants , tourism , construction , and chemicals to name a few . for the 21st , century , lotte is investing in environmental issues and information technology . china was the original overseas host for a lotteria fast - food restaurant in 1995 . since the debut in tokyo , in 1972 , lotteria has become the top fast - food chain in south korea . currently , there are over 1 , 000 outlets in china , taiwan and several other asian countries with plans to expand to vietnam . in japan , the group is developing delicatessens and bakeries combined with lady borden ice cream shops .
“shin dong - bin has no authority , no justification , ” a frail mr . shin said , reading haltingly from a prepared statement , in video footage released by dong - joo . “i can never understand or tolerate him for trying to exclude me , his father , from lotte group , which i have built for 70 years . ”
lotte group was recently thrust into the geopolitical spotlight when it agreed to trade land needed to host a planned missile shield in south korea , despite china’s warnings of business consequences were the us - built defence platform to proceed . most of its 100 or more stores in china have been forced to close , though the group has said it will continue to invest there .


the hartford financial services group , inc. , usually known as the hartford , is a united states-based investment and insurance company that is part of the fortune 500 list .

headquartered in hartford , connecticut , the hartford 's 2013 revenues were $ 26.2 billion .

the company ’s earnings are divided between property-and-casualty operations , group benefits and mutual funds .

the hartford is the 12th-largest property and casualty company in the united states , sells its products primarily through a network of agents and brokers , and has been the direct auto and home insurance writer for members of aarp for more than 25 years .

the hartford

the hartford personal lines the hartford p . o . box 14219 lexington , ky 40512
the hartford has insured some of the largest construction projects ever , including the hoover dam .
the right condo insurance . the right price . made simple with homeowners insurance from the hartford .
meet the dedicated advisory team and staff at the hartford history center . . . . working to keep hartford’s history alive .
holocaust memorial at the mandell jcc in west hartford and plaster model of same sculpture . elbert weinberg collection , hartford history center , hartford public library .
hartford times is available on microfilm for the years 1817 - 1846 and 1870 - 1976 on the main floor of the downtown library . hartford history center holds a subject index for the hartford times 1950 - 1976 .
© 2012 university of hartford 200 bloomfield avenue west hartford , ct 06117 860 . 768 . 4100
a variety of neighborhood and small hartford - based periodicals are also available ; a finding aid is under development . periodicals include the hartford advocate , the hartford news , southside neighborhood news , the hartford inquirer , northend agent’s , and the west indian american as well as some 19th century publications such as the hartford chat ( 1891 - 1892 ) and the evangelist ( 1824 ) .
connecticut workers from the hartford unit will move to prudential ' s existing offices in hartford later this year , bridgeforth said .
the hartford courant is available online 1764 - 1984 through the historical hartford courant database and 1993 - present through the iconn electronic database . it is also available in microfilm for the years 1764 to the latest received on the main floor of the downtown library .
the saukiogs ( black earth ) occupied the hartford area before europeans arrived . the podunks lived across the connecticut river in what is now east hartford , glastonbury , and south windsor . the tunxis tribe lived to the west , in what is now the farmington area .
researchers agree to cite hartford history center , hartford public library anywhere items from the collection are quoted , referred to , or reproduced .
click to find answers to the most frequently asked questions about applying for a job at the hartford .
the hartford declares quarterly dividend of $ 0 . 25 per share of common stock
executive at the hartford departs early with most of a $ 2 . . .
books – hartford authors and hartford subjects are accessible through the library’s electronic catalog . a link to the library catalog is on hartford history center’s home page at urltoken . a link is also available on hartford public library’s homepage at urltoken by clicking on “find an item . ” you can isolate your search to books found only in the hartford history center by choosing “central hartford history” when you click on “view entire collection . ”
age 50 + ? discover great savings and benefits with the aarp ® auto insurance program from the hartford .
submit a medical bill please use the following information to submit workers ' compensation medical bills to the hartford .
scrapbooks – 18 volumes of hartford - specific clippings covering the first half of the 20 th century . a subject index is available in the card catalog in the hartford history center . scrapbooks are also available on microfilm on the main floor of the downtown library .
west hartford , conn . ― the interdisciplinary master of fine arts program at the university of hartford’s hartford art school , commonly known as the nomad / 9 mfa , graduates its first cohort with two exhibitions and a family - friendly celebration this june .
aarp auto insurance program the hartford p . o . box 14215 lexington , ky 40512
the hartford – annuity service operations 1338 indian mound dr mt . sterling , ky 40353
explore the digital collections of hartford public library ! today , the hartford collection , housed in the library’s downtown hartford history center , is a growing multi - media compilation of hundreds of thousands of items that convey more than 300 y . . read more . .
find jobs at the hartford to match your strengths , interests and long - term goals .
sebastian dimauro ’18 celebrated the hartford hawks baseball team’s first regular season america east championship and commencement in the same week .
the hartford started the new year by announcing that it has closed on several major transactions related to the company ' s transformation announced last march .
at the same time , the hartford scholars program began . the program offers half - tuition scholarships to students who live in hartford and graduate from hartford public high schools or from suburban high schools that participate in project choice , a state program to improve diversity in suburban schools . since its inception , more than 400 students have graduated from the university as hartford scholars .
also during tonkin’s presidency , hartford college for women merged with the university of hartford . that college began in 1933 at the hartford ymca , and later moved to asylum avenue to occupy the 13 - acre property purchased and donated to the college by paul butterworth , father of children’s author , oliver butterworth .
the hartford is committed to building relationships with diverse business partners when we source outside vendors . our supplier diversity program promotes collaboration , fosters strategic partnerships and introduces competitive sourcing opportunities that will enhance the growth of the hartford and our supplier partner . learn more about registering as a diverse supplier at the hartford .
access to the hartford ' s insurance and investment products – employees of the hartford have access to many of the hartford ' s insurance and investment products . these include 529 plans , mutual funds , and homeowners and auto insurance . employees also have access to exclusive vendor discounts .
formally established by chief librarian magnus kristofferson in 1945 , the hartford collection is divided into three sections : hartford subjects , hartford authors , and hartford imprints . the archive is housed in the hartford history center , located on the third floor of the downtown library at 500 main street . return to top collections this list is an introduction to the archive and does not list all special collections . as materials are processed and arranged , and finding aids developed , they will be added to this page . for further information , contact the hartford collection curator at ( 860 ) 695 - 6347 .
the retirement plans deal was initially announced in september as part of a major transformation at the hartford . the transaction affects 1 , 300 workers , including 700 in greater hartford . the plan as of september was to offer
virtually all of those employees
jobs , the hartford ' s ceo liam e . mcgee said in september .
the university’s roots go back to 1877 when one of the three founding schools , the hartford art school , opened . it was initially called the hartford school for decorative arts , and was founded by prominent hartford women olivia clemens , elizabeth colt , harriet beecher stowe , mary bushnell cheney , and susan warner .
the hartford offers aarp members great ways to save on car and home insurance . start saving .
learn about the hartford ' s history , its people and character , and commitment to sustainability .
the hartford – annuity service operations p . o . box 14293 lexington , ky 40512 - 4293
the perfect memento from your special announcement - tell your story with a hartford courant custom plaque .
now in its sixth decade , the university of hartford sits proudly on a 350 - acre campus that includes parts of hartford , west hartford , and bloomfield , conn . it is a beautifully landscaped vista with grassy expanses and wooded areas with the north branch of the park river winding through it .
gb . premium @ urltoken the hartford p . o . box 783690 philadelphia , pa 19178 - 3690
amy zeng joins university of hartford as dean of the barney school of business in aug . 2018 .
hartford history center , located on the third floor of the downtown hartford public library , is open tuesday through friday , 1 : 00 - 5 : 00 p . m . , and by appointment .
return to top collections use the hartford history center , hartford public library , is a special collection of books , photographs , manuscripts , and ephemera relating to the history of hartford . though the collection is open to everyone , particular rules governing its use are necessary to assure its availability for generations to come .
on february 21 , 1957 , a special act was signed that created the university of hartford through the merger of the hartford art school , hartt college of music , and hillyer college . please join us in celebrating 50 years of dedication to education and the community .
in 1838 , the hartford young men’s institute was organized , drawing from members in the city’s financial community . the institute loaned books , scheduled lectures , and developed a collection that absorbed the hartford library company’s volumes . former library company members were granted privileges within the new institute . approximately half of the library company’s original collection , cataloged in 1797 , exists today as part of the hartford collection . in 1843 , the institute accepted daniel wadsworth’s invitation to move into the newly constructed wadsworth atheneum at 624 main street . the move was made in 1844 and the museum served as the library’s home for the next 113 years .
hartford imprints – 19th - century hartford was a major publishing center . the collection holds a number of books published in the city during this time . these books cover a great range of topics that are not necessarily about hartford . included in these publications are texts on gardening , religion , women , history , and education . a card index for hartford imprints is available in the hartford history center . it is arranged by year of publication and spans 1777 – 1983 .
the walter harrison academic cup will remain with the university of hartford department of athletics , the america east announced on tuesday . combining for a grade - point average of 3 . 37—the highest gpa ever for an america east institution—the hawks continued their dominance in the classroom by winning the academic cup for the second - straight year and for the seventh time overall .
the university began as a commuter school during the post - world war ii boom when returning soldiers were looking for an education financed by the g . i . bill . the movers and shakers of hartford recognized a need for a university and brought together three small schools housed in buildings spread across the city , including the wadsworth atheneum museum of art and the hartford ymca .
a podunk chief , wahginnacut , journeyed to massachusetts in 1631 and invited the english colonists there to found a new settlement in the connecticut river valley . he wanted protection from the feared and hated pequot tribe , which occupied what is now the southeast corner of the state . when the english arrived , they found the hartford area ruled by saukiog chief sequassen , who in 1636 sold them the land that became hartford and west hartford . saquassen fought fiercely with both the pequots and the mohegans , who also lived to the southeast . the saukiogs
suffered severe defeats ,
according to albert van dusen , author of
connecticut ,
the preeminent history of the state .
as a result ,
he wrote ,
the saukiogs remained quite friendly with the colonists and lived near hartford until about 1730 .
the university also opened another public school on its campus - - the university high school of science and engineering - - through another partnership between uhart and hartford public schools . the high school initially opened temporarily at the former hartford college of women campus then moved into its new building on the uhart campus in 2009 .
the hartford history center at hartford public library is launching its newest book : in the grand tradition , the enduring art of elbert weinberg , written by graphics curator nancy finlay and published by wesleyan university press . purchase your c . . read more . .
the hartford is a leader in property and casualty insurance , group benefits and mutual funds . with more than 200 years of expertise , the hartford is widely recognized for its service excellence , sustainability practices , trust and integrity .
please call 1 - 877 - 836 - 5854 for more information about the hartford ' s institutional mutual funds .
the hartford history center at hartford public library is the museum and archive for the library and holds a growing multi - media compilation of more than 500 , 000 books , maps , photographs , works of art , digital assets and municipal records that uniquely convey the 300 - plus years of community life in connecticut’s capital city . officially named in 1945 , the archives and special collections of hartford public library date back to the 18th century , to the library’s own beginning .
hartford history center at hartford public library will receive 2018 community empowerment award at ct fair housing ' s loving civil rights award dinner . . . read more . .
the first academic building , university hall , later named hillyer hall , opened in 1960 . in 1963 and 1964 , the hartt school and the hartford art school moved into their respective buildings on campus . by the early 1960s , the university was already considering expanding its reach beyond hartford . but students who lived further away needed housing .
when derby industries experienced a catastrophic property loss , the hartford did what we do best – restore lives and businesses .
– hartford native , historian and newspaperman herbert j . stoeckel ( 1896 - 1967 ) ; photocopied notebooks available , late 1800s - mid - 1900s , subject index available in the hartford history center card catalog
posters and broadsides , held in the hartford history center’s permanent collection , date from mid - 18th century to present day and are a vibrant expression of hartford’s community life . . . read more . .
in 1878 , the hartford young men’s institute changed its name to the hartford library association . at that time , there were 643 members , and about half its membership included older men and women . in 1892 , with taxpayer support , the library association was opened to the general public . by a special act of the connecticut general assembly on may 9 , 1893 , its name was changed to hartford public library . noted librarian caroline m . hewins , hired by the hartford institute in 1875 , became hartford public library’s first librarian . hewins’ career at the city library spanned 51 years . she was an active participant in the newly formed american library association , helped found the connecticut state library association in 1891 and opened one of the first children’s libraries in the country in 1904 . in recognition of her contributions , she was the first woman to receive an honorary master of arts degree in 1911 from hartford’s trinity college .
the hartford personal lines the hartford p . o . box 14219 lexington , ky 40512 fax number : 1 - 877 - 293 - 2072 note : documents faxed from customers / insureds must include their printed name , state , zip code and policy number on the fax .
these new traditions add to the established tradition of painting the ship’s anchor at the front of campus . the anchor originally came from the uss hartford , a sloop - of - war steamer launched in 1858 that participated in several prominent campaigns during the civil war . it was the flagship of david farragut , famous for his command at the battle of mobile bay , “damn the torpedoes , full speed ahead ! ”
join us for an evening of whiskeys and fine spirits - july 12 at infinity hartford .
in june 2017 , harrison retired as the longest serving president in university history ( 19 years ) . gregory woodward became the university of hartford ' s sixth president and is helping to write the next chapter of the institution ' s remarkable history .
at the hartford , we work every day to develop our inclusive culture that supports and leverages the complexity of our workforce so we can serve our customers better . we appreciate the unique characteristics , perspectives and experiences each employee brings to the workplace .
in 1906 , almost 500 city blocks in san francisco were destroyed as an earthquake toppled the city . the hartford responded by paying over $ 11 million in damage claims .
all told , the four divestitures benefit the hartford - based property - casualty insurer with $ 2 . 2 billion in net statutory capital . the financial benefit from the transactions is primarily from the sales of its retirement plans and individual life units . they will be realized in the first quarter of 2013 , when earnings are reported after the quarter ends march 31 .
oneexchange is an online resource that makes it easy for hartford healthcare retirees to find the right health insurance plan that meets their needs .
in 2001 , our nation was changed forever as we witnessed the september 11th terror attacks . in response , the hartford paid over $ 850 million in claims and made major donations to the united way and other organizations that were impacted by the tragedy .
the majority of employees at the hartford ' s individual annuity unit were offered positions with forethought , both companies have said . the hartford ' s annuity business had about 100 employees , about 40 in simsbury and about 60 in wayne , pa . forethought plans to open offices in both regions and retain workers .
the hartford ' s catastrophe information center has details about preparing for all types of storms , whether you own a home or a business .
the founders of hartford , wethersfield , and windsor used this sermon and others from hooker as a basis for their fundamental orders , considered by some to be the world ' s first written constitution . it ' s why connecticut came to be known as the constitution state . the connecticut state library ' s website has the text of the orders .
gabby rossetti , customer experience consultant , brings her chi to the office and hosts floor - wide yoga sessions for a relaxing break during the day . hear from our employees about what it’s like to work at the hartford .
closer to home , the university started a day of service called “hawks helping hartford , ” which was organized by the center and the student government association . the center maintains a website to connect volunteers with agencies and also works with professors to develop service learning opportunities .
arnold , robert h . ,
hartford : yesterday and today ,
farmcliff press , 1985 .
the office of sponsored programs along with the office of the president and the office of the provost , invites all faculty and staff to the annual external funding recognition reception on wednesday , february 17 , 2016 from 4 : 30 – 6 : 00 p . m . at the 1877 club .
the prevention of fraud and abuse policy and the purchase order terms and conditions policy inform employees , contractors and agents of hartford healthcare regarding hartford healthcare ' s efforts to combat fraud , waste , and abuse in the healthcare system ; to provide general information of the federal false claims act ; to describe the remedies and fines for violations that can result from certain types of fraudulent activities ; and protections for reporting individuals .
“take the joy of accomplishment you feel today and keep it for the next 80 years , ” was the advice university of hartford president gregory woodward gave nearly 900 graduates who received associate and bachelor’s degrees on sunday , may 20 .
when martin luther king jr . came to hartford in 1959 as a speaker in a new university lecture series , the campus did not have an auditorium yet . instead , he delivered his speech , “the future of integration , ” at hartford’s bushnell memorial hall . he met informally with students during the day and recalled a summer spent working in connecticut in the nearby tobacco fields .
tonkin also oversaw the implementation of several programs that reached out to the hartford community . he started educational main street ( ems ) that placed uhart students at nearby weaver high school , the annie fisher elementary school , and other city schools as tutors . the hope was that program would encourage hartford students to stay in school and graduate . the program continues today with the addition of an after - school network that provides programs for students in grades k through 11 .
certain of the statements included in this presentation constitute forward - looking statements within the meaning of the u . s . private securities
in 1774 , the library company , a private subscription company where members bought and borrowed books , was started by a group of city leaders . incorporated in 1799 , the library company changed its name to the hartford library company and occupied space at various locations throughout the city .
brokers , consultants or plan sponsors seeking more information about existing arrangements from the hartford may fax a request to 1 - 866 - 913 - 1089 .
your military service experience , discipline and ethics make you a prime candidate for many of our positions . learn more about the hartford’s veterans employment resources .
grant , ellsworth strong , and grant , marion hepburn ,
the city of hartford , 1784 - 1984 ,
connecticut historical society , 1986 .
researchers are responsible for the careful handling of all hartford history center material . holdings are not be marked , folded , or mishandled in any way .
early honorary degree recipients at the new university included african american contralto marian anderson , composer aaron copland , and poet wallace stevens , a hartford resident .
epay provides hartford healthcare employees immediate online access to their payroll information , and intuitive tools for paycheck management .
andrews , gregory e . , and ransom , david f . ,
structures and styles : guided tours of hartford architecture ,
the connecticut historical society and the connecticut architecture foundation , 1988 .
phone : 1 - 800 - 331 - 7234 fax : 860 - 392 - 6980 medical . uw @ urltoken hartford life insurance co . medical underwriting unit p . o . box 2999 hartford , ct 06104 - 2999
a civil war general named charles tudor hillyer began classes at the ymca in hartford in what would become the original hillyer college . in 1952 , samuel i . ward gave hillyer college the ward school of electronics , an electronics school to train technicians for a brand new industry at the time—television . the school is now part of the college of engineering , technology , and architecture .
confidence in the hartford and with insurance grew . in fact , in 1861 when president - elect abraham lincoln was preparing to move to washington , d . c . to serve his first term , even he purchased a policy from the hartford fire insurance company to protect his family’s home and property in illinois .
as the united states moved into the 20th century , the technology that businesses and the american people used evolved rapidly – especially evident with the automobile . the hartford saw the need to provide protection that went beyond fire coverage . wanting to ensure that people could protect their automobiles and other property from more than just fire damage , the hartford formed its accident and indemnity company in 1913 . this 2nd company provided a wide variety of insurance coverage , including accident , automobile liability , personal damage and business interruption . this new generation of insurance protection enabled growth of many industries , including automobiles .
the recent compromise at the hartford insurance company highlights the fact that av software by itself isn’t always an adequate defense—even for malware that has been in the wild for quite some time . it was reported that a w32 - qakbot variant was utilized in this attack—something that has been around since 2009 .
the combined retirement services business of both the hartford and massmutual will be overseen by elaine sarsynski , head of massmutual ' s retirement services division . sarsynski also is chair and ceo of massmutual international llc .
with backing and encouragement from local community and business leaders , the schools came together in 1957 on a 150 - acre stretch of farmland on bloomfield avenue known as the gabriel farm , the last farm in hartford . a new university had been born .
also during harrison’s tenure , the university administration announced that it would close hartford college for women , and in 2006 , the university established the women’s education and leadership fund ( later renamed the women ' s advancement initiative ) to continue the traditions of hcw , namely to enhance the education of women ; empower women to lead ; promote women as scholars ; and enrich the campus community and beyond . the fund provides scholarships for students and research grants for students , staff , and faculty .
hartford public library was and remains a private corporation , supported by the city . today , the collection includes first edition volumes of hartford authors mark twain , lydia huntley sigourney , thomas tryon , noah webster , harriet beecher stowe , chuck stone and wallace stevens as well as material from dr . horace wells’ estate . in addition , the collection holds an inscribed copy of stowe’s novel , uncle tom’s cabin and the complete 90 volume bound collection of the noah webster pamphlets .
our competitive benefits package not only rewards performance , it helps ensure you can keep living your passion – because at the hartford when you’re strong , we become stronger .
about 100 puritans , led by the rev . thomas hooker , created a settlement on the banks of the connecticut river in june 1636 . though this became hartford , hooker and his followers were not the first europeans on the scene . dutch traders had already built a fort at the confluence of the connecticut and park rivers . ( for more on their fate , visit the adriaen ' s landing page of this site . ) nevertheless , hooker not only created a lasting colony but a form of government that influenced the creation of the u . s . constitution a century and a half later .
the campaign allowed him to pursue a new aspiration for the university—to achieve regional prominence and national visibility in the sciences , engineering , and technology . in keeping with this goal , the first building project connected to the fundraising campaign was the new integrated science , engineering , and technology complex .
the 1980s were a time of expansion for the university—as it was for the rest of the country . enrollment grew and , under the impressive fundraising skills of president trachtenberg , several new building projects began . united technologies hall , the beatrice fox auerbach computer and administration center , the konover campus center , and the harry jack gray center all broke ground during this period , along with a trio of residential housing additions : the village apartments , regents park , and the park river apartments .
protecting the wealth you’ve worked hard to build – you earn it . you save it . you spend it . at the hartford we provide programs to help you protect it , even if you are unable to work .
the hartford has continued to help our customers persevere , providing insurance to businesses and well - known people including babe ruth and president dwight d . eisenhower . we have encouraged businesses to strive to create structures and buildings on a scale the world had never seen by guaranteeing coverage . we insured some of the largest construction projects ever , including the hoover dam , the st . lawrence seaway and the golden gate bridge .
in 2008 , at the site of a historic hartford car dealership designed 80 years earlier by pioneering industrial designer albert kahn , the mort and irma handel performing arts center opened . this 55 , 000 square foot state - of - the art facility has five dance studios , four theatre rehearsal studios , three vocal studios , and two black box theaters , and has become a vibrant new center for dance and theatre instruction and performances at one of the key gateways to the city of hartford .
the foundation of authority is laid , firstly , in the free consent of the people ,
he said . he went on to argue that the
choice of public magistrates belongs unto the people by god ' s own allowance
and that
they who have the power to appoint officers and magistrates , it is in their power also to set the bounds and limitations of the power and the place unto which they call them .
two music educators , moshe paranov and julius hartt , established the second founding school , the hartt school of music , now called the hartt school .
as the student body grew , more buildings sprang up on campus . from the original hillyer college came the forerunners of today’s college of arts and sciences , the barney school of business , the college of education , nursing and health professions , and the college of engineering , technology , and architecture .
a statue of thomas hooker stands in old state house square , in downtown hartford . photo : karen o ' maxfield .
about 1 , 000 employees worked for the hartford ' s individual life business — nearly 200 in connecticut , most of the others in woodbury , minn . it is unclear if all those jobs will be retained long term .
completing these transactions on favorable financial terms with a significant capital benefit represents an important milestone in the execution of the hartford ' s transformation ,
the hartford ' s chairman and ceo , liam e . mcgee , said in a prepared statement .
we will be a more focused , disciplined and efficient company with greater financial flexibility while generating profitable growth and superior financial returns for shareholders .
we continued to bolster a growing american economy by covering claims and aiding in recovery after massive catastrophes . in 1871 , the hartford paid all of its claims after a fire ripped through more than 3 square miles of chicago businesses and homes . in 1906 , almost 500 city blocks in san francisco were destroyed as an earthquake toppled the city and fires burned for several days . the hartford responded by paying over $ 11 million in damage claims – the largest of any insurance company involved in the disaster . with each of these disasters , the people of the united states saw that there was an insurance company that would help cover their losses and rebuild , no matter how large the company or the disaster .
given that we just closed yesterday , for the time being , all employees are working out of their current locations at the hartford ,
massmutual spokesman mark cybulski .
we expect to have more details on where employees will be located by the end of january .
accountability starts in the boardroom and is integrated throughout the enterprise . inclusive leaders align our diversity and inclusion strategy with business objectives . as part of our commitment , the hartford supports employee resource groups that enable business success by helping to attract , engage , and develop top talent :
employee referral program – refer a friend , family member or colleague for a position within the hartford and , if hired , you can receive up to $ 1 , 000 .
pamphlets – a collection of city reports , church bulletins , sermons , agency reports , school bulletins , theater programs , etc . they are indexed in the hartford history center card catalog by the year published ; 1767 - present .
respect for human rights is a fundamental part of the hartford’s character and is core to our business . doing the right thing and respecting the human rights of our employees , customers , stakeholders and those in our communities is embedded in our culture , policies , business systems and processes .
on may 31 , 1638 , exactly two years after he had set out from newtown , hooker delivered a sermon containing his vision of how the recently named hartford should govern itself .
all users of the hartford history center collection must fill out a project description form and leave with the desk one form of photo identification verifying name and address or school identification . a form must be filled out for each new project .
hartford employees can access the employee marketplace , a robust online resource that connects them to our insurance and investment products . it also offers exclusive vendor discounts through the hundreds of well - known retailers , popular service providers and affinity partners .
tonkin also worked with city and state leaders to plan a magnet elementary school on campus that would be linked with the university . the university of hartford magnet school for children in pre - kindergarten through fifth grade opened its doors on the southern end of campus in 2001 during harrison’s administration .
in 1835 , we proved ourselves different from other insurance companies . after a fire destroyed new york’s financial district , people learned that insurance companies were walking away from their claims . eliphalet terry , then president of the hartford fire insurance company , called a meeting of the directors when news of the fire reached hartford ; they pledged their personal fortunes to help pay the claims . this bolstered the people and businesses of new york , allowing the rebuilding process to begin . it also served to bolster the economy of a growing nation by showing business people , leaders and citizens in all states that there was an insurance company able to protect their property and stand - by claims , no matter how large they grew or the size of the disaster .
in early december , the company announced it had closed on the sale of on woodbury financial to aig .
the campaign also allowed the university to build its first on - campus baseball field and a new softball field , and to renovate the soccer and lacrosse facility .
for more than 200 years , the hartford has helped people prepare for the unexpected , protect what is important to them and prevail through life’s challenges and opportunities . our success comes from our commitment to doing the right thing , while adapting and reinventing to remain relevant and indispensable to our customers .
prudential insurance rbc as of december 31 . the inclusion of rbc measures is intended solely for the information of investors and is not intended for the purpose of ranking any
the university has always been coed and open to all students , regardless of their background . designed initially to meet the needs of hartford residents , it has stayed true to the founders’ ideals but greatly surpassed its modest goals . its mission today is to educate students as citizens of the world , encouraging them to study abroad , get involved in community service , and take responsibility for the planet and their futures .
see below for more on hooker . visit the connecticut state library site for a list of the other founders .
10 times by the ethisphere institute , a global leader in defining and advancing the standards of ethical business practices .
photocopying or reproducing is dependent upon permission of the curator and is governed by staff supervision . if the material can be photocopied by the customer , on site , there is a 10 cent charge per photocopied page . if staff is required to photocopy the material because of its condition or at the request of the customer , there is a $ 6 . 00 handling charge . customers requesting photocopies by telephone or mail will pay a handling charge as noted on the hartford public library order form . reproduction fees are currently under review . a request must be made to the curator in writing .
colleges and universities nationwide—and most especially in the northeast—were met with a variety of obstacles as the new decade of the 1990s began—recession , a sharp drop in the college - age population , and widespread job layoffs affecting the financial resources of many families . competition between schools and colleges intensified .
we believe that if you want to know where a business is going , you should look at where it has been . the hartford looks forward to another 200 years of helping our customers prevail .
enjoy refreshments , a live presentation by island reflections dance theatre company . and a brief talk by exhibition curator , dr . fiona vernal to learn more about greater hartford ' s west indian history in terms of people , places , and hartford within t . . read more . .
from holland , hooker and a group of his parishioners made the trying and dangerous voyage across the atlantic to the massachusetts bay colony , settling in cambridge , which was then known as newtown . but they disliked the decidedly undemocratic ways of the colony ' s government and decided to investigate for themselves reports of fertile land in the connecticut river valley .
from the time that then governor abraham ribicoff signed the bill granting the university of hartford its charter in february 1957 , visionary leaders have guided the institution . vincent brown coffin , a well - known and influential insurance executive , was named the first chancellor of the university in 1958 . archibald woodruff followed in 1967 , and his title was changed to president in 1970 . stephen joel trachtenberg took up the mantle in 1977 , followed by humphrey tonkin in 1989 and walter harrison in 1998 . each administration has carefully guided the university and helped it adapt to changing times while keeping it on course financially and academically .
the university also has begun celebrating the day of its founding each year on feb . 21 . founders day has featured varied activities , including a float contest , university trivia competition , and campus - wide birthday party . martin luther king jr . day is celebrated each january for the campus and greater hartford communities , featuring an inspirational program filled with music , poetry , and reflections on the life and legacy of the civil rights leader .
aarp insurance program the hartford p . o . box 14219 lexington , ky 40512 fax number : 1 - 877 - 293 - 2072 note : documents faxed from customers / insureds must include their printed name , state , zip code and policy number on the fax .
awards 1994 city of hartford catch award ( committed adult to children in hartford ) 1986 award of excellence , speech writing , u . s . district one competition ( all new england states plus new york and pennsylvania ) , sponsored by the international association of business communicators ( iabc ) . 1985 bronze quill award , publications , bronze quill competition , sponsored by the connecticut chapter of the iabc . 1985 award of merit , special publications design , u . s . district one competition ( all new england states plus new york and pennsylvania ) , sponsored by the iabc . 1985 award of achievement , brochure design , bronze quill competition , sponsored by the connecticut chapter of the iabc . 1984 award of achievement , newsletters , bronze quill competition , sponsored by the connecticut chapter of the iabc . 1984 award of achievement , special publications , bronze quill competition , sponsored by the connecticut chapter of the iabc . 1984 award of achievement , promotional writing , bronze quill competition , sponsored by the connecticut chapter of the iabc .
unlike most private new england colleges , the university of hartford has never been just a liberal arts institution . from the outset , it has offered courses in electronics , engineering , technology , and education along with strong programs in music , the visual arts , and the arts and sciences . today , it is known for excellence in the visual and performing arts , engineering , and business ; small classes ; and its focus on mentoring all students .
employee stock purchase plan ( espp ) – once you complete six months of service , our espp makes it possible for you to buy shares of the hartford common stock at a discounted price through payroll deductions .
historian ellsworth grant wrote ,
these words were the first practical assertion ever made of the right of the governed not only to choose their rulers but to limit their powers .
aarp auto insurance program the hartford p . o . box 14215 lexington , ky 40512 fax number : 1 - 877 - 293 - 2072 note : documents faxed from customers / insureds must include their printed name , state , zip code and policy number on the fax .
the story of itt begins with a historic call — for its founders to develop phones . the original international telephone & telegraph was created in 1920 by two brothers named sosthenes and hernand behn who set out to build the first worldwide system of interconnected telephone lines . the company had a small beginning as the puerto rico telephone company but grew quickly through strategic acquisitions and the purchase of telephony patents . the result was the creation of a major international provider of telephone switching equipment and telecommunications services .
at the same time , the athletics program grew . in 1984 , athletics moved to division i in search of a national and more competitive schedule and higher visibility for the university . the hawks were accepted into the ecac north atlantic conference , which later became the america east , of which uhart today remains a charter member . the university would continue its proud athletics history at the highest level of collegiate competition in the ensuing years , producing all - stars in both major league baseball ( jeff bagwell ) and the national basketball association ( vin baker ) ; three golfers who competed on the pga tour ( jerry kelly , tim petrovic , and patrick sheehan ) ; and a national lacrosse league rookie of the year ( tracey kelusky ) .
prudential financial , inc . of the united states is not affiliated with prudential plc which is headquartered in the united kingdom .
hartford healthcare has adopted clear standards of behavior to ensure activities and business interactions conducted by and on behalf of the healthcare are in compliance with federal and state laws and regulations relative to business gifts and other gratuities .
for many , summer is the time to take a break from the stressors of the day - to - day and head out of town on vacation . along with packing your bags , consider completing these around the house to - dos to protect your house while you & apos ; re away . turning off the water at the main shut off valve in your . . .
it was named for hertford , england , the birthplace of one of hooker ' s assistants , the rev . samuel stone .
required capital represents the amount of gaap capital necessary to support business risk based on aa rating targets at the insurance operating entities .
the hartford is an equal employment and affirmative action employer . all qualified applicants will receive consideration without regard to race , color , sex , religion , age , national origin , disability , veteran status , sexual orientation , gender identity or expression , marital status , ancestry or citizenship status , genetic information , pregnancy status or any other characteristic protected by law . the hartford maintains a drug - free workplace and is committed to building inclusion and leveraging diversity .
uhart also built a new arts and technology complex at the hartford art school and a new dormitory , hawk hall , and its adjacent gathering place , alumni plaza . the two - story renée samuels center at has provides a fresh facade for taub hall and studios for media arts and photography .
the connecticut sun have traded alex bentley to the atlanta dream for layshia clarendon and a second - round pick , it was announced monday . bentley has been with the sun since 2014 after two seasons with the dream and signed a multi - year contract with the sun last year . she started in 98 games for . . .
we are an industry leading provider of property and casualty insurance , group benefits and mutual funds . with more than 200 years of expertise , the hartford is widely recognized for its service excellence , sustainability practices , trust and integrity .
our goal is to ensure a seamless experience for the new employees , clients and partners we are welcoming to massmutual ,
sarsynski said in a prepared statement .
we are eager to begin working together with our new colleagues from the hartford ' s retirement plans business as one team with the mutual purpose of helping americans retire on their own terms .
at the university of hartford , students are able to pursue a wide range of interests and talents . one will find dance team members who major in accounting , division i basketball players who study biomedical engineering , and health science majors who teach english in ecuador and plan to join the peace corps .
city directories – years available listed in the library’s electronic catalog ; directories are also available on microfilm on the main floor of the downtown library , mid - 19th century to mid - 20th - century .
any differences between the language on this site or linked / attached documents and the official plan documents are not intended , but if any differences are found to exist , the official plan documents will govern .
the hartford is where passion meets performance . and we believe in rewarding great performance . here your salary is just one component of your total rewards package . depending on your role , your total compensation may include short - and long - term incentives , as well as a comprehensive benefits offering . this highly competitive package not only rewards performance , it helps ensure that you can keep living your passion - because at the hartford when you are strong , we become stronger .
the board of regents decided in 1989 to make the university international . global communities and international business were on the horizon . tonkin , who was british by birth , launched his presidency with a conference of about 50 university leaders from north america and europe to highlight the importance of international connections and set an intellectual tone for the new administration .
a number of photographic images in the collection have been photocopied and notebooks of the photocopied images are available for viewing . photograph collections include :
the university of hartford provides a robust , distinctive educational experience for its approximately 5 , 000 undergraduate and nearly 1 , 500 graduate students . distinguished faculty provide rigorous instruction , as well as research , performance , and internship opportunities , in more than 100 degree programs in the arts , humanities , business , engineering and technology , education , and health professions . with students from 48 states and 48 countries , the university is reflective of the world .
nj decision point review ( dpr ) plan precertification fax : 1 - 866 - 771 - 6001 new jersey no - fault / pip medical billing ( please include claim number ) the hartford p . o . box 14269 lexington , ky 40512
shortly after harrison arrived , the university opened a center for community service that initially focused on recruiting students to volunteer in the surrounding greater hartford community . the center soon expanded its scope and began to send students on alternative spring break trips with habitat for humanity to build houses in raleigh , n . c . students have continued to give up the traditional sun and sand of spring break to help neighborhoods in louisiana and biloxi clean up in the wake of hurricanes . the center has also coordinated various student efforts to raise more than $ 9 , 000 for earthquake relief in haiti in 2010 .
the event recognizes the faculty and staff who submitted proposals , those who were awarded grants and contracts , and the agencies that supported them during the 2015 fiscal year . these proposal submissions and awards play an extremely important role in helping fulfill the university’s mission . this year’s event will feature poster presentations showcasing the work that is supported by a number of grants received . elliot ginsberg , president and chief executive officer of the connecticut center for advanced technology , inc . will be our guest speaker .
businesses by highlighting the results from ongoing operations and the underlying profitability of our businesses . however , adjusted operating income is not a substitute for income