February 19, 2020

Naegohyang: a North Korean company branches out
The army-owned corporation sells an increasingly diverse portfolio of products
Naegohyang Joint Ventures is one of the fast-growing conglomerate-style corporations in North Korea. In recent years, the company has gone from selling cigarettes and sportswear to many different kinds of products such as electronics, bakeries, and drinks. Just as South Korea's Lotte went from selling chewing gum to luxury hotels and amusement parks, Naegohyang appears to be reaching