25-10-2024, 09:54 PM
Kalistani Economic News
Government heads into third round of Nationalization
Kaliburg, Ananto District
December 12, 4411
![[Image: 5768ff665c218.jpg]](http://i24.photobucket.com/albums/c22/doceopterix/5768ff665c218.jpg)
Flax fields in Vrassa, managed and staffed by the NSP, are now directed toward National Production
The Government of Kalistan announced last month that it would be creating two additional National Companies, the Kalistani National Textile Company (KALNATEXCO) and the Kalistani National Motor Company (KALNAMOCO). Both new companies will be organized like existing National companies. The Textiles conglomerate will source natural fibers like cotton, wool, flax and hemp, from the National Service Program's agricultural operations, as well as over seas, and will produce clothing and other textile products for both the Military and for Kalistani Citizens. There is no doubt that the cost of the finished goods will be heavily subsidized by the Government. What is not consumed by the Republic will be offered for sale abroad, and some production will be deliberately set aside for sale overseas. The Motor Company will produce both automobiles and aircraft for the Public and Private Sectors. Some public sector uses will be military transport and cargo trucks, infantry mobility vehicles and utility aircraft. For the civilian sector, KALNAMOCO intends to create a line of fuel efficient hybrid automobiles, and like all other National companies, excess production will be exportable.
Like other Nationalized companies, the two new companies will be 51% owned by the Republican government and fully capitalized by the Republican Government. Unlike the other national companies, neither company expropriates existing manufacturing sectors, but aims to create new production plants. The KALNATEXCO will create textile plants in all five districts, and expects to employ more than 10,000 Kalistani citizens over all, not including NSP sourcing. KALNAMOCO will create sourcing factories and their main assembly plant is to be located in Odufaray. Overall, KALNAMOCO will employ more than 15,000 workers Republic-wide.
In other economic news, the conflict over the Ananto Straits has been long, but Kalistan's national industries have dramatically increased in value, as speculators see no end to the conflict on the horizon. Threats to KALNAPECO supplies by foreign navies have driven KALNAPECO stocks at over 4 KRB a share for the first time earlier this month. At press time, KALNAPECO was trading on the open Market at 4.12 KRB a share. Investors are reportedly thrilled: Share price is buttressed by both the instability in the Straits and the new Naval Contracts, but also by the news of further nationalization. KALNAFERCO has enjoyed similar success, as the company has been tasked by the Republican Government to aid in construction of the Bozo River facility, as well as the use of materials in continued waging of conflict over the straits. KALNAFERCO was trading at 4.85 KRB, in its 8th straight month in positive territory.
National expansion is incredibly lucrative for the major backbones of the Kalistani National economy, and the hostility of the Northern Council toward Kalistan is serving to make Junior Partner Vanuku incredibly wealthy, as Vanuku owns 25% in each of these companies and their investments have increased nearly 400%. The investment of Petrovan, the Vanukean subsidiary that owns 10 billion shares of KPO, purchased for 13 Billion KRB is now worth more than 41 Billion. And the investment of Vanukean subsidiary MInarco in KFO cost about 9.3 billion, and is now worth more than 36 Billion.
This year's annual dividends from the earnings from these two companies alone are enough for the Kalistani Government to fund the entire higher education system in Kalistan for two years, and the Republican Government is contemplating another round of tax and spending cuts.
Other Kalistani Nation Companies have enjoyed more modest growth. The Kalistani National Bank shares are trading within a range of 1.65 KRB and 1.89 KRB, the latter number representing the record of 7 months ago. This stability in price bodes well for the Kalistani Bank, and analysts are sure that any corrections that may come when the Conflict over the Straits is resolved will not touch the bank. KALMILINCO, the military industrial company, which was chartered two years ago, have also enjoyed very modest gains, as the stock price has hovered around 1.75 KRB. When the Conflict is completed, this price may climb, due to new orders for new military materiel.
Government heads into third round of Nationalization
Kaliburg, Ananto District
December 12, 4411
Flax fields in Vrassa, managed and staffed by the NSP, are now directed toward National Production
The Government of Kalistan announced last month that it would be creating two additional National Companies, the Kalistani National Textile Company (KALNATEXCO) and the Kalistani National Motor Company (KALNAMOCO). Both new companies will be organized like existing National companies. The Textiles conglomerate will source natural fibers like cotton, wool, flax and hemp, from the National Service Program's agricultural operations, as well as over seas, and will produce clothing and other textile products for both the Military and for Kalistani Citizens. There is no doubt that the cost of the finished goods will be heavily subsidized by the Government. What is not consumed by the Republic will be offered for sale abroad, and some production will be deliberately set aside for sale overseas. The Motor Company will produce both automobiles and aircraft for the Public and Private Sectors. Some public sector uses will be military transport and cargo trucks, infantry mobility vehicles and utility aircraft. For the civilian sector, KALNAMOCO intends to create a line of fuel efficient hybrid automobiles, and like all other National companies, excess production will be exportable.
Like other Nationalized companies, the two new companies will be 51% owned by the Republican government and fully capitalized by the Republican Government. Unlike the other national companies, neither company expropriates existing manufacturing sectors, but aims to create new production plants. The KALNATEXCO will create textile plants in all five districts, and expects to employ more than 10,000 Kalistani citizens over all, not including NSP sourcing. KALNAMOCO will create sourcing factories and their main assembly plant is to be located in Odufaray. Overall, KALNAMOCO will employ more than 15,000 workers Republic-wide.
In other economic news, the conflict over the Ananto Straits has been long, but Kalistan's national industries have dramatically increased in value, as speculators see no end to the conflict on the horizon. Threats to KALNAPECO supplies by foreign navies have driven KALNAPECO stocks at over 4 KRB a share for the first time earlier this month. At press time, KALNAPECO was trading on the open Market at 4.12 KRB a share. Investors are reportedly thrilled: Share price is buttressed by both the instability in the Straits and the new Naval Contracts, but also by the news of further nationalization. KALNAFERCO has enjoyed similar success, as the company has been tasked by the Republican Government to aid in construction of the Bozo River facility, as well as the use of materials in continued waging of conflict over the straits. KALNAFERCO was trading at 4.85 KRB, in its 8th straight month in positive territory.
National expansion is incredibly lucrative for the major backbones of the Kalistani National economy, and the hostility of the Northern Council toward Kalistan is serving to make Junior Partner Vanuku incredibly wealthy, as Vanuku owns 25% in each of these companies and their investments have increased nearly 400%. The investment of Petrovan, the Vanukean subsidiary that owns 10 billion shares of KPO, purchased for 13 Billion KRB is now worth more than 41 Billion. And the investment of Vanukean subsidiary MInarco in KFO cost about 9.3 billion, and is now worth more than 36 Billion.
This year's annual dividends from the earnings from these two companies alone are enough for the Kalistani Government to fund the entire higher education system in Kalistan for two years, and the Republican Government is contemplating another round of tax and spending cuts.
Other Kalistani Nation Companies have enjoyed more modest growth. The Kalistani National Bank shares are trading within a range of 1.65 KRB and 1.89 KRB, the latter number representing the record of 7 months ago. This stability in price bodes well for the Kalistani Bank, and analysts are sure that any corrections that may come when the Conflict over the Straits is resolved will not touch the bank. KALMILINCO, the military industrial company, which was chartered two years ago, have also enjoyed very modest gains, as the stock price has hovered around 1.75 KRB. When the Conflict is completed, this price may climb, due to new orders for new military materiel.
Primary: Institutionalist Party of Kalistan (IPoK), 5146-
Inactive:
Socialist Party of Kalistan (SPoK), 2591-
Inactive:
Socialist Party of Kalistan (SPoK), 2591-