Korea Pugang Corporation
Korea Pugang Corporation | |
Hangul | |
---|---|
Hanja | |
Revised Romanization | Joseon Bugang Hoesa |
McCune–Reischauer | Chosŏn Pugang Hoesa |
Korea Pugang Corporation (Korean: 조선부강회사) is a North Korean holding company founded in 1979.
Subsidiaries
[edit]The companies produce metal, machinery, minerals, chemicals, electric lines, construction material, electricity, and food products.[1] KPC controls 9 subsidiary companies:
- Pugang trading corporation (부강무역회사)
- Pugang Electronics (부강전자회사)
- Pugang Hwangchiryong company (부강황치령회사, also known as 부강샘물회사, which deals with bottled water from Hwangchiryong territory)
- Pugang pharmaceutical company (부강제약회사)
- Pugang motorcycle company (부강오토바이회사)
- Pugang Natural products company (부강천연제품회사)
- Pugang glass products company (부강유리제품회사, also known as 부강구슬회사)
- Korea Pugang Coins Corp (부강주화회사, that produces commemorative coins)
- Korea Pugang Mining and Machinery Corporation ltd (조선부강광산기계회사).
Pugang pharmaceutical company
[edit]Pugang Pharmaceutic Company (Korean: 부강제약회사; 富强製藥會社) is a pharmaceutical company founded in 1983.[2] It is operated by North Korea's Ministry of Public Health.[3] Although the company had its assets frozen as a result of U.S. sanctions,[4] its products are sold internationally by Lekar Korea, a distributor based in Russia.[5][6]
Products sold by the company are mostly traditional Korean medicine ("Koryo medicine" in North Korea) supplements combined with high-technology products.[2] These products include Royal Blood-Fresh, and Kumdang-2. Many health claims made by the company have been dismissed as non-scientific outside of North Korea.[7][8]
Pugang motorcycle company
[edit]The company produced the 124cc motorcycle "PugangCM125" in 2005.[9]
Korea Pugang Coins Corp
[edit]The Korea Pugang Coins Corp has been minting coins since 1987.[10]
References
[edit]- ^ "조선부강회사".
- ^ a b Tsai, Ting-I (21 February 2007). "North Korea's prescription for prosperity". Korea Times. Retrieved 10 May 2021.
- ^ Jin, Kang Mi (7 February 2017). "North Korean trading companies burdened with excessive loyalty demands". Daily NK. Retrieved 10 May 2021.
- ^ Fifield, Anna (19 June 2015). "North Korea claims it can cure MERS (and a whole bunch of other things)". The Washington Post. Retrieved 10 May 2021.
- ^ "North Korean Miracle Drugs Sold Online By Russian Distributor: Sanctions Schmanctions". Skeptic Review. 8 June 2018. Retrieved 10 May 2021.
- ^ "Thực hư thông tin thuốc chứa vàng chữa ung thư của Triều Tiên" [It is true that the Korean medicine contains gold for cancer treatment]. VTC News (in Vietnamese). 21 December 2017. Retrieved 11 May 2021.
- ^ Talmadge, Eric (27 August 2018). "Ostrich skin and Neo-Viagra? A shopping guide to North Korea". CTVNews. Retrieved 10 May 2021.
- ^ Ji, Dagyum (30 March 2017). "Three Russians arrested in South Korea for selling North Korean drugs". NK News. Retrieved 10 May 2021.
- ^ "北, 부강회사서 125cc 오토바이 출시". nkchosun.
- ^ "Jim Rogers goes long on DPRK coins". nkeconwatch.