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KORTEC

KORTEC is an entity of interest. It has not been found on international sanctions lists.
TypeCompany[sources]
NameKORTEC[sources]
Other nameКОРТЭК[sources]
Incorporation datenot available[sources]
Jurisdictionnot available[sources]
CountryRussia[sources]
DescriptionFront company of Korea Ryonha Machinery Joint Venture Corporation in Russia, which facilitated business relationships with machinery producers. According to the February 2015 Panel of Experts report, Figure XXVII p67, the Russian Federation indicated that "KORTEC terminated its relationship with Ryonha in 2013". However, the Panel expresses doubt regarding this information.[sources]
Registration numbernot available[sources]
AddressMoscow, Russia[sources]
Source linkwww.nknews.org[sources]
Last changeLast processedFirst seen

Descriptions

According to Paragraph 167 (p. 58-59) of the UN Panel of Experts February 2016 report, the Panel reiterated its conclusion to add KORTEC as an alias of the designated Korea Ryonha Machinery Joint Venture Corporation. Due to KORTEC being a foreign office that has relationship to the main company, it has a separate entry in this database.

DPRK Reports non-official source,

Relationships

Data sources

DPRK Reports5,540

A database of entities and events related to North Korea's sanctions evasion efforts.

United Kingdom · RUSI · non-official source


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