North Korean conglomerate company
Korea Pugang Corporation (Korean: 조선부강회사) is a North Korean holding company founded in 1979.
Subsidiaries
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 area)
- 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 makes commemorative coins)
- Korea Pugang Mining and Machinery Corporation ltd(조선부강광산기계회사).
Pugang pharmaceutical company
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
The company produced the 124cc motorcycle "PugangCM125" in 2005.[9]
Korea Pugang Coins Corp
The Korea Pugang Coins Corp has been minting coins since 1987.[10]
References
External links