Nosotek IT JV, Pyongyang, North Korea - the first Western IT venture!





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Uploaded on Aug 25, 2009

The Number One Software Technology JV or, in short, NOSOTEK JV, is the first western and DPRK IT joint venture in North Korea (DPRK). It was initiated and set up on the one hand by the highly experienced IT entrepreneur Volker Eloesser, President & CEO, as well as Felix Abt, Vice Chairman of the board of Directors, and on the other hand by the Korean General Federation of Science and Technology (GFST) of the DPRK which includes the chief information officers and engineers of the country's best IT companies as well as other leading IT experts from universities and institutes.
In the DPRK, software engineers are selected from the mathematics elite and learn programming from the ground-up, such as assembler to C#, but also Linux kernel and Visual Basic macros.
Among them, Nosotek has attracted the cream of the local talent as the only company in Pyongyang offering western working conditions and Internet access.
In addition to the accessible skill level Nosotek was set-up in the DPRK because IP secrecy and minimum employee churn rate are structurally guaranteed.
Nosotek offers direct access to its 50+ programmers jointly managed by western and local managers.
Services can be invoiced through a Hong Kong or Chinese company.
To a steadily rising number of foreign companies Nosotek has become a prime address for outsourcing.

The video, made in August 2009 and e x c l u s i v e l y presented on http://www.youtube.com/businessNK, shows you Nosotek staff at work and, towards the end, also some of their leisure activities.

For more information visit the company's website http://www.nosotek.com.

Some games made by Nosotek can be found here: www.youtube.com/Nosotek

Read also the interviews of the company's German president and North Korean vice president here:




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