Deltaria

[Rogue]

TEPOSOVO - Deltarian steel manufacturer "Sindikat čelika" (Steel Union) has reported exceptional growth last year, largely fueled by the Imperial government its rearmament efforts. The company made 4 billion in revenue before rearmament began, which has risen to nearly 12 billion last year. For the first time in a decade, the semi-private company has made profit as well, reporting a net profit of 100 million. The relative succes comes from orders made by both Army and Navy contractors mainly, with the Imperial Government pushing for primarily munition production but also the procurement of large weapon platforms like ships, artillery pieces and to some extend providing steel for major construction projects for military purposes. 

The Steel Union is partially owned by the federal government, with the government holding a 42% share in the company. The remaining shares are owned by individual stock holders, with the government selling its majority stake under previous administrations. As a private company, it had struggled for years. With lowering demand from both the consumer and government side, it experienced severe losses for the last decade, nearing bancruptcy before this sudden revival began. With the profit made, the company seeks to expand its production facilities and also start exporting Deltarian steel, something it had not been capable of doing previously. 

The resurgence of the company has also helped the local economy, with hundreds of extra workers being granted a job by the company. With rearmament only in its early phase, economists believe that the Union, nicknamed SČELIKA, is likely to gain additional orders and do well. It is up to the company to use this period of government-induced growth to turn its ship around and make the company viable post-rearmament as well.