Kalistani Major History

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Kalistani and Telemonese investors open Small Businesses in SuldanorSigns of life in retail as KALNAMOCO is Divested
Yoshimi, Suldanor
February 1, 4440


Kal-Tel joint venture Greene's Grocers to open in fifteen locations in Suldanor

There are some signs of life as FDI from Telamon begins arriving.  The joint-venture firm, called Greene's Grocers, is a chain of Suldanese groceries which focus on selling healthy whole foods and nutritional supplements, including Telamonese and Kalistani therapeutic vitamins and supplements which are not covered by ODEN.  The venture will be 49.99% owned by a Telamonese Investment firm, and all Telemonese direct Investments have been guaranteed against catastrophic loss by the Kalistani Government.  Greene's Grocers will open 15 stores in Suldanor in 4440, and will employ more than 1750 workers.

In other news, the Kalistani Trade Minister has authorized the divestment of KALNAMOCO, and the national Motor Company will be put up for sale to public investors, including foreign Investors.  The goal of the Government is to offload the National Motor Company to help free up some liquidity in the Ruble, and to keep the more than 37,000 workers of KALNAMOCO employed.  The Divestment will hopefully begin by June, and the Kalistani Government will consider all offers that comply with the Kalistani Majority share requirements of the Law.