Felix Abt

Felix Abt ( born January 15, 1955 in the Switzerland ) is a Swiss entrepreneur. He is considered an expert regarding foreign investments and business activities in North Korea.

Overview

Abt is one of the first foreign investors in North Korea, where he lived from 2002 to 2009 and developed a variety of shops and business. Abbot was co-founder and headmaster of the co-financed by Switzerland Pyongyang Business School, which he excelled in corporate governance and in economic development assistance and development cooperation in the training of senior officers of North Korean government agencies and companies. Abt has often been interviewed and quoted by international media on North Korea, such as CNN, FOXNews, ABC BBC, Le Monde, Handelsblatt, Frankfurter Allgemeine Zeitung, Der Standard, Austria, Die Presse, Austria, AFP, BusinessWeek, The Financial Times and Bloomberg and has advised business organizations.

Professional career

Before he returned in 2002 in the Asea Brown Boveri Group ( ABB) and moved to North Korea, Felix Abt lived since 1990 in various countries and regions such as Vietnam, Middle East and Africa, where he worked for various companies.

North Korea

2002 Felix abbot of the Swiss- Swedish group Asea Brown Boveri (ABB), a world leader in the fields of energy and automation technology, was appointed resident in Pyongyang Group Representative for North Korea. On 19 May 2003 he signed a Memorandum of Understanding on the implementation of a so-called Power Grid by ABB with the North Korean Ministry of Energy and Coal Industries in the presence of the Swiss Foreign Minister, the Swedish ambassador to North Korea and North Korea's Minister of Energy and Coal Industries, " for the purpose of solving serious problems in the energy sector, which are expressed in the dilapidated facilities of electricity production and transmission "( Yonhap ). It was the end of 2003 sales representatives of several multinational companies in selected business areas such as infrastructure ( ABB), Mining ( Sandvik ) and textiles ( DyStar ), for which he achieved multi-million sales.

At the same time Felix was abbot from October 2005 to February 2009 Managing and from March 2009 Deputy Chairman of the joint venture PyongSu Pharma, Pyongyang, the first foreign - invested enterprises in the pharmaceutical field .. During his time as head of the company was the first North Korean pharmaceutical factory which international quality standard reached, ( the so-called Good Manufacturing Practice or GMP), which has been tested and certified by the world Health Organization in the factory and the first North Korean company, which won supply contracts on tender basis against international competitors. Under his leadership, the company has also built up a chain of pharmacies in the country.