List Of North Korean Companies
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List Of North Korean Companies
North Korea is a country in East Asia, in the northern part of the Korean Peninsula. It claims sovereignty over South Korea. Over time North Korea has gradually distanced itself away from the world communist movement. ''Juche'', an ideology of national self-reliance, was introduced into the constitution as a "creative application of Marxism–Leninism" in 1972. The means of production are owned by the state through state-run enterprises and collectivized farms. Most services such as healthcare, , housing and food production are subsidized or state-funded. From 1994 to 1998, North Korea suffered from a famine that resulted in the deaths of between 0.24 and 3.5 million people, and the country continues to struggle with food production. North Korea follows ''Songun'', or "military-first" policy.H. Hodge (2003)"North Korea’s Military Strategy" ''Parameters'', U.S. Army War College Quarterly. It is the country with the highest number of military and paramilitary personnel, with ...
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North Korea (orthographic Projection)
North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korean Peninsula and shares borders with China and Russia to the north at the Yalu (Amnok) and Tumen rivers, and South Korea to the south at the Korean Demilitarized Zone. North Korea's border with South Korea is a disputed border as both countries claim the entirety of the Korean Peninsula. The country's western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. North Korea, like its southern counterpart, claims to be the legitimate government of the entire peninsula and adjacent islands. Pyongyang is the capital and largest city. In 1910, Korea was annexed by the Empire of Japan. In 1945, after the Japanese surrender at the end of World War II, Korea was divided into two zones along the 38th parallel, with the north occupied by the Soviet Union and the south occupied by the United S ...
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India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, interm ...
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Kim Chong-t'ae Electric Locomotive Works
The Kim Chong-t'ae Electric Locomotive Works () in P'yŏngyang is North Korea's largest manufacturer of railway equipment. Established in November 1945 in Sŏsŏng-guyŏk, P'yŏngyang near the P'yŏngyang Railway University and the Korean State Railway's West P'yŏngyang Station, the factory manufactures and overhauls electric and diesel locomotives, passenger cars, streetcars and subway trainsets. It is subordinate to the North Korean Ministry of Railways. History Initially established as a repair facility for rolling stock during the Japanese occupation of Korea, becoming the state-owned West P'yŏngyang Railway Factory on 10 November 1945. In 1960, the facility repaired 210 steam locomotives, 1,800 freight cars and 120 passenger cars. It was expanded with Polish assistance in the late 1950s to manufacture electric locomotives as well, with work on the manufacturing facility completed on 29 August 1959. In 1961 it was renamed P'yŏngyang Electric Locomotive Works, and ...
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Foreign Trade Bank Of The Democratic People's Republic Of Korea
The Foreign Trade Bank of the Democratic People's Republic of Korea (Joson Trade Bank) is North Korea's primary foreign exchange bank, and is owned and run by the North Korean government. On March 11, 2013, the United States designated the bank as falling under US executive order 13382, which applies to "proliferators of weapons of mass destruction and their supporters". The order freezes all assets, and prohibits any transactions between US entities and the bank. On May 7, 2013, the state-controlled Bank of China announced that they would stop all dealings with the Foreign Trade Bank. China has in the past been reluctant to sanction North Korea, even though China has been very unsatisfied with North Korea's aggressive stance and pursuit of nuclear weapons. Stopping the dealing with the Foreign Trade Bank is seen as a significant signal by China to put pressure on North Korea. On August 5, 2017 the UN Security Council adopted Resolution 2371 expanding financial sanctions to inclu ...
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Foreign Languages Publishing House (North Korea)
The Foreign Languages Publishing House (FLPH) is the central North Korean publishing bureau of foreign-language documents, located in the Potonggang-guyok of Pyongyang, North Korea. It employs a small group of foreigners to revise translations of North Korean texts so as to make those texts suitable for foreign-language publication. The publishing house is under the control of the Propaganda and Agitation Department of the Workers' Party of Korea, which also makes decisions concerning its staff. Foreign Languages Publishing House maintains the Naenara and Publications of the DPRK web portals, and publishes the periodicals ', '' Korea Today'', ''Foreign Trade of the DPRK'', and the newspaper ''Pyongyang Times''. Foreign Languages Publishing House has a sports team in the Paektusan Prize civil servants games. See also * Foreign Languages Publishing House (Soviet Union), Moscow - similar publisher in Soviet Union * Foreign Languages Press, Beijing – similar publisher in Ch ...
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Central Bank Of The Democratic People's Republic Of Korea
The Central Bank of the Democratic People's Republic of Korea is North Korea's central bank. Established on December 6, 1947, it issues the North Korean wŏn. The Bank is subordinated to the Cabinet of North Korea. Since 2021, the president of the bank is Chae Song-hak. He was preceded by Kim Chon-gyun since 2014. History On February 15, 1946, a central bank of North Korea was announced, which was to be under the control of the Soviet military. However, the bank failed to accomplish its objectives, being unable to meet its costs of operation, and the 100 million wŏn capitalisation was ineffective.McCune, 2007, p. 194. The North Korean Interim People's Committee did not look upon the bank favorably, and chose instead to work through the Farmers' Bank, which also existed at the time. By late 1946, banking functions were consolidated into two main institutions, the Central Bank and Farmer's Bank. In June 1947, around 1,000 million wŏn was concentrated in the Central Bank, allowi ...
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Pyongyang
Pyongyang (, , ) is the capital and largest city of North Korea, where it is known as the "Capital of the Revolution". Pyongyang is located on the Taedong River about upstream from its mouth on the Yellow Sea. According to the 2008 population census, it has a population of 3,255,288. Pyongyang is a directly administered city () with equal status to North Korean provinces. Pyongyang is one of the oldest cities in Korea. It was the capital of two ancient Korean kingdoms, Gojoseon and Goguryeo, and served as the secondary capital of Goryeo. Much of the city was destroyed during the First Sino-Japanese War, but it was revived under Japanese rule and became an industrial center. Following the establishment of North Korea in 1948, Pyongyang became its ''de facto'' capital. The city was again devastated during the Korean War, but was quickly rebuilt after the war with Soviet assistance. Pyongyang is the political, industrial and transport center of North Korea. It is home ...
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Air Koryo
Air Koryo () is the state-owned national airline of North Korea, headquartered in Sunan-guyŏk, Pyongyang. Based at Pyongyang International Airport ( IATA: FNJ), it operates international scheduled and charter services to points in Asia. History Early years In early 1950, SOKAO (Soviet–Korean Airline), ) was established as a joint North Korean- Soviet venture to connect Pyongyang with Moscow. Regular flights began that same year. Services were suspended during the Korean War, resuming in 1953 as Bureau of Civil Aviation Ministry of Transport of DPRK The state airline was then placed under the control of the Civil Aviation Administration of Korea (CAAK), starting operations on 21 September 1955 with Lisunov Li-2, Antonov An-2 and Ilyushin Il-12 aircraft. Ilyushin Il-14s and Ilyushin Il-18s were added to the fleet in the 1960s. Jet operations commenced in 1975 when the first Tupolev Tu-154 was delivered for service from Pyongyang to Prague, East Berlin and Moscow. ...
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Industry Classification Benchmark
The Industry Classification Benchmark (ICB) is an industry classification taxonomy launched by Dow Jones and FTSE in 2005 and now used by FTSE International and STOXX. It is used to segregate markets into sectors within the macroeconomy. The ICB uses a system of 11 industries, partitioned into 20 supersectors, which are further divided into 45 sectors, which then contain 173 subsectors. The ICB is used globally (though not universally) to divide the market into increasingly specific categories, allowing investors to compare industry trends between well-defined subsectors. The ICB replaced the legacy FTSE and Dow Jones classification systems on 3 January 2006, and is used today by the NASDAQ, NYSE and several other markets around the globe. All ICB sectors are represented on the New York Stock Exchange except Equity Investment Instruments (8980) and Nonequity Investment Instruments (8990). Dow Jones divested itself of its 50% interest in the ICB in 2011 and announced it was ...
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Headquarters
Headquarters (commonly referred to as HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the top of a corporation taking full responsibility for managing all business activities. In the United Kingdom, the term head office (or HO) is most commonly used for the headquarters of large corporations. The term is also used regarding military organizations. Corporate A headquarters is the entity at the top of a corporation that takes full responsibility for the overall success of the corporation, and ensures corporate governance. The corporate headquarters is a key element of a corporate structure and covers different corporate functions such as strategic planning, corporate communications, tax, legal, marketing, finance, human resources, information technology, and procurement. This entity includes the chief executive officer (C ...
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Company
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial p ...
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Government Of North Korea
In the North Korean government, the Cabinet is the administrative and executive body. The North Korean government consists of three branches: administrative, legislative, and judicial. However, they are not independent of each other, but all branches are under the exclusive political leadership of the Workers' Party of Korea (WPK). Institutions The leader must work through various agents and their institutions, which has the power to delay, modify, or even resist the leader's orders. These institutions may set the overall tone and direction for North Korea's foreign and domestic policy, make suggestions, offer policy options, and lobby Kim himself. The government is also confirmed by the Supreme People's Assembly (SPA). The Premier, who appoints three Vice Premiers and the government's ministers, heads the cabinet. The government is dominated by the ruling Workers' Party of Korea (WPK) and has been since North Korea's inception in 1948. The Cabinet now has the right to supe ...
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