08-12-2024, 01:43 AM
Economical financial consequences of the war, smaller companies are declaring bankrupt. Bazmuyut trying to find solutions to reboot the economy.
January 5580
Melikvan After the invasion ended and the economy was re-opened again, with the exception of Victoria and the financial district of Verin Hayk as it is being rebuild, Companies are struggling to keep their head above water. Bazmuyut has also announced that it will reduce the manufactoring speed of the Arshakani Nahang, wich gives Azkan navigation more financial worries, other companies like Aramatek Power systems have announced to reduce workforce as it will sell less specialised motors for the Arshakani Nahang, but will remain active enough to survive..
As Verin Hayk is also being rebuild, Haytek solutions has also stated to have trouble to remain financially capable of remaining active, it has held for this long with its factory in Likatonia, but it seems not enough to remain a potential competitor in the economy. Some good news for them came as Gor Derovyan Founder and CEO of Derovyan Logistics and Transport made an offer to buy the company of them.
Thaller-Siran on the other side of Pontesi has then made an offer to by the technology of the navigation with AI of the Azkan Navigation, but can not take the whole company. It appears that the new CEO Nicklaus Thaller, son of Founder Karl Thaller, sees the potential of the technology and wants to integrate it in their Xarvins.
Smallovsky Capital and Seralon Holdings have stated to set up a fund to help the companies who are struggling.
The Bazmuyut has stated that they will put an incentive for companies in the levels of the economy that are harshly needed to create companies again. While unemployment rises drastically again for the first time in 20 years, the Bazmuyut is doing all it can to stablelize it and reduce it again. It is rumoured that the people in unemployment and are phisically in ordre that they will be ordered to sign up for the military.
January 5580
Melikvan After the invasion ended and the economy was re-opened again, with the exception of Victoria and the financial district of Verin Hayk as it is being rebuild, Companies are struggling to keep their head above water. Bazmuyut has also announced that it will reduce the manufactoring speed of the Arshakani Nahang, wich gives Azkan navigation more financial worries, other companies like Aramatek Power systems have announced to reduce workforce as it will sell less specialised motors for the Arshakani Nahang, but will remain active enough to survive..
As Verin Hayk is also being rebuild, Haytek solutions has also stated to have trouble to remain financially capable of remaining active, it has held for this long with its factory in Likatonia, but it seems not enough to remain a potential competitor in the economy. Some good news for them came as Gor Derovyan Founder and CEO of Derovyan Logistics and Transport made an offer to buy the company of them.
Thaller-Siran on the other side of Pontesi has then made an offer to by the technology of the navigation with AI of the Azkan Navigation, but can not take the whole company. It appears that the new CEO Nicklaus Thaller, son of Founder Karl Thaller, sees the potential of the technology and wants to integrate it in their Xarvins.
Smallovsky Capital and Seralon Holdings have stated to set up a fund to help the companies who are struggling.
The Bazmuyut has stated that they will put an incentive for companies in the levels of the economy that are harshly needed to create companies again. While unemployment rises drastically again for the first time in 20 years, the Bazmuyut is doing all it can to stablelize it and reduce it again. It is rumoured that the people in unemployment and are phisically in ordre that they will be ordered to sign up for the military.