Kundrati

[hyraemous]

The newspaper header was made by myungdae06_ on Discord upon request.

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ArtSat, Tomasadyn National, and Etxea Bank, among various Kundrati companies to seek foreign shores

[backdated | 1 March 5584]

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Extea Bank, Tomasadyn National, and ArtSat have begun to see foreign countries as a way out of the current Kundrati political crisis. A new party known for its extremist rhetoric has begun to make waves in our country by winning the general election. These companies represent the biggest companies in Kundrati that have expressed their interest in leaving, and so far, at least three have succeeded.

Let's start with ArtSat. Key shareholders moved to Kalistan at the first opportunity and, since then, have spoken with Kalistani representatives about integrating ArtSat into Kalistan and making it a Kalistani company. After 24-hour negotiations that took weeks, the contract would be finalized. Miramar Holdings of Kalistan would buy ArtSat, giving it 51% of the shares and thus control of the company, however, with two main conditions: that this would last only for the duration of the Kundrati Legion government and that nobody would lose their jobs unless they broke Kalistani laws. The contract was agreed upon, and as of this morning, Artanian Satellite has a new owner. The hope is that ArtSat will soon be welcomed back to Spencer, and Spencer will become the primary facility while they move operations from the Northern Cosmodrome. However, this may take a while, as ArtSat lost key personnel regarding the maintenance and launching of rockets, although Kalistan personnel can help there. A new global headquarters is already being built to accommodate ArtSat, while Miramar has said that it will allow ArtSat to run its operations with its own employees.

With regards to Etxea Bank and Tomasadyn National, their transition was different and more smooth. Though they also lost key personnel, mainly in the maintenance of customer accounts and investments in Artania and Seleya, they were welcomed in Mordusia, where the nation would be the global headquarters of the two companies due to the unrest going on regarding the KL. Top-ranking personnel have also headed for Mordusia with hopes to move there alongside plans to expand operations in Mordusia, open bank branches there, and treat Mordusia as a second home. From there, they hope to grow to other Seleyan nations without fear of nationalization or property being seized.

However, one major company that did not make it into this group was Kundrati Defense Contractors. This morning, after a tip-off by an unknown person working with the company, police nationwide seized most of KDC's assets, including warehouses, factories, and their headquarters in Kasaema. Higher-ranking individuals within KDC were also arrested, and it was announced that KDC would now be owned by the Kundrati Legion, most likely to arm their paramilitary and keep the military out of the latest high-tech gear the KDC was working on. This also may affect the ongoing project to build Zardugal's navy and revitalize Kundrati's navy, which KDC and their Zardic counterparts were doing; this remains to be seen.