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Ryonbong
Ryonbong General Corp. (also known as Korea Ryonbong General Corporation, or Korea Yonbong General Corporation, or LYONGAKSAN GENERAL TRADING CORPORATION ()) is a North Korean government-owned corporation involved in the export of metals, minerals and machines. It has branch offices in many countries. It used to partially-own the Pyonghwa Motors car factory in Nampo in a joint venture with the Unification Church of South Korea before Pyonghwa becoming a part of the North Korean state. Sanctions The Ryonbong general Corp. is part of a UN weapon embargo since November 2006. See also * List of North Korean companies * Economy of North Korea The economy of North Korea is a centrally planned economy, following ''Juche'', where the role of market allocation schemes is limited, although increasing. , North Korea continues its basic adherence to a centralized command economy. With a ... References External links * in listed by UN official documention seSecurity Council commi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pyonghwa Motors
Pyeonghwa Motors (Hangul : 평화자동차) (Hancha : 平和自動車), a Korean language word for "peace", also spelled Pyonghwa, is one of the two car manufacturers and dealers in the North Korean automotive industry, alongside Sungri Motor Plant. Until 2013, it was a joint venture in Nampo between Pyonghwa Motors of Seoul (South Korea), a company owned by Sun Myung Moon's Unification Church, and the North Korean Ryonbong General Corp. The joint venture produced small cars under licence from Fiat and Brilliance China Auto, a pickup truck and an SUV using complete knock down kits from Chinese manufacturer Dandong Shuguang, and a luxury car of SsangYong design. From 2013, the company has been fully owned by the North Korean state. Pyeonghwa has the exclusive rights to car production, purchase, and sale of used cars in North Korea. However, most North Koreans are unable to afford a car. Because of the very small market for cars in the country, Pyeonghwa's output is reportedly ve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unification Church
The Family Federation for World Peace and Unification, widely known as the Unification Church, is a new religious movement, whose members are called Unificationists, or "Moonie (nickname), Moonies". It was officially founded on 1 May 1954 under the name #Holy Spirit Association for the Unification of World Christianity (1954–1994), Holy Spirit Association for the Unification of World Christianity (HSA-UWC) in Seoul, South Korea, by Sun Myung Moon (1920–2012). Moon and his wife Hak Ja Han were the leaders of the church and are honored by its members as their "True Parents." The beliefs of the Unification Church are based on Moon's book the ''Divine Principle.'' The movement is well known for its "Blessing ceremony of the Unification Church, Blessing" or mass wedding ceremonies. The Unification Church has been criticized for its teachings and for its social influence, with some critics calling it a "dangerous cult". Its involvement in politics include anti-communism and sup ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Korea
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 U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nampo
Nampo (North Korean official spelling: Nampho; ), also spelled Namp'o, is the second largest city by population and an important seaport in North Korea, which lies on the northern shore of the Taedong River, 15 km east of the river's mouth. Formerly known as Chinnamp'o, it was a provincial-level "Directly Governed City" ("Chikhalsi") from 1980 to 2004, and was designated a Special cities of North Korea, "Special City" ("T'ŭkpyŏlsi", 특별시; 特別市) in 2010. Nampo is approximately 50 km southwest of Pyongyang, at the mouth of the Taedong River. Since North Korean independence, the city has developed a wide range of industry and has seen significant recent redevelopment. History Before formation of North Korea The city belonged to Gojoseon until the Three Kingdoms of Korea, Three Kingdoms era, when it was taken by Goguryeo. During this time, the city was part of Sogyong (now Pyongyang) until the Goryeo dynasty, when in the aftermath of the Myocheong, Myocheon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of North Korea
The economy of North Korea is a centrally planned economy, following ''Juche'', where the role of market allocation schemes is limited, although increasing. , North Korea continues its basic adherence to a centralized command economy. With a total gross domestic product of $28.500 billion as of 2016, there has been some economic liberalization, particularly after Kim Jong-un assumed the leadership in 2012, but reports conflict over particular legislation and enactment. Since the 1990s, informal market activity has increased, which the authoritarian regime has tolerated. These markets are referred to as 'Jangmadang' and were formed as a result of the economic collapse during the 1990s, which made the regime unable to distribute food to its people. The collapse of the Eastern Bloc from 1989 to 1992, particularly North Korea's principal source of support, the Soviet Union, forced the North Korean economy to realign its foreign economic relations, including increased economic ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of North Korea
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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