Korea Pugang Corporation

Korea Pugang Corporation 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 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

Pugang Pharmaceutic Company 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]

External links

• Customs ruling NY N018392 Oct 23, 2007 RE: The tariff classification and country of origin marking of a dietary supplement from North Korea