KORTEC
Russia.
Summary
Front 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.
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.
Connections9
Members and officers1
- Sales agentChina
Other links8
- Korea Ryonha Machinery Joint Venture CorporationCounter-sanctioned entitySanctionedDebarredExport controlledLinked from"KORTEC is a branch/front company of Korea Ryonha Machinery Joint Venture Corporation in Russia"United StatesNorth Korea
- Linked from"Dandon Yisheng has used KORTEC branding"China
- Linked to"Business partner"Taiwan
- Linked to"Exclusive rights owner for Exact Machinery products in Russia"Taiwan
- Linked to"KS is an authorized supplier for KORTEC"Russia
- Linked to"Business partner"Spain
Other names1
Also known as1
Addresses1
Moscow, Russia
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