Valruzia

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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Maxington » Sun Dec 30, 2018 3:20 pm

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FIRSTBALTUSIAN BANK OF COMMERCE OPENS WEALTH MANAGEMENT OFFICE IN VALRUZIA
Trebegowice, January 4508.

HKBC FirstBaltusian Bank of Commerce announced that it intends on opening an office of its private wealth management bank in Valruzia. FirstBaltusian Wealth Management focuses on serving high net worth customers with various financial and wealth management services. The proposed office in Trebegowice will become the Baltusian-based bank's first foreign office. The move comes as apart of a major expansion push by Chairman of HKBC FirstBaltusian Bank of Commerce, Damion King to open around 100 office of subsidiaries and sections of the bank by 4530. The opening of the office in Trebegowice would see around 1,000 persons become employed by the Bank in the region between Valusian and Kampania. FirstBaltusian is the region's fastest growing banking firm as it mainly capitalises on the lack of sound financial management and planning firms on the Seleyan continent. The bank is a subsidiary of the larger, Hutorian/Kazulian Banking Corporation (the largest private investment bank and financial services company in the Northern Hemisphere). FirstBaltusian Asset Management (Valruzia) is expected to be led by Aiden O'Brien, a Luthorian-national and former national managing director of HKBC Luthori. FirstBaltusian Asset Management (Valruzia) will tend to individuals, family offices, foundations and endowments throughout the region.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Sun Dec 30, 2018 3:58 pm

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AFTER HARSH NEGOTIATIONS LOT GROUP ANNOUNCED THE TOTAL TAKEOVER OF ARTANIA AIRLINES. AIR AURORE TO START OPERATIONS IN LOURENNE.
Nowogard, January 4508

NOWOGARD - It seems as if the LOT Group's shopping spree has no end. Earlier today, Elżbieta Tyczyn announced that after three rounds of negotiations with the Board of Directors of financially-troubled Artania Airlines, a deal was secured to buy 100% of the Artania Airlines for VPO 8.2 billion. Tyczyn said that LOT Group will become the owner of the Artnia-based airline, but will not change the character of its new subsidiary and will limit the interference to further expansion of its fleet and the routes network. It is expected that Artania Airlines will serve as regional airline in northern Artania. Experts say that LOT's strategy of not putting its main brand LOT Valruzian Airlines under much pressure of competition with airlines like Dorvish Airways in Artania or North Airlines System in Dovani works perfectly as LOT VA has been successfully growing for a couple of decades now and setting up new subsidiaries and taking over competition has allowed the Group to become the largest airline not only by fleet size which is three times larger than its main competitor - Dorvish Airways, but also by passengers carried and kilometers flown. With the newest purchase counted in, the fleet of the entire LOT Group stands at 1.542 aircraft which makes the LOT Group the largest airline in history.

But in recent months Artania is not the only battlefield for LOT Group. The airline has decided to set up, from scratch, a new subsidiary in Dovani to effectively compete with its main rival in the eastern hemisphere, North Airlines System. Air Aurore, that's the new subsidiary of LOT in Dovani, is a Lourenne-based airline serving long-haul and extra-long-haul international routes from Lourenne, Kazulia, and Valruzia. It maintains a fleet of 25 Reglair i4x LR (long range) which were incorporated from LOT Valruzian Airlines.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Sun Dec 30, 2018 8:26 pm

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SEJM PUMPS ADDITIONAL BILLIONS INTO VASA
Nowogard, March 4508

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VASA's main headquarters in Nowogard.

NOWOGARD - The joint-ministerial budget agreed upon by Sejm plans to pump additional VPO 13 billion into the Valruzian Aeronautics and Space Agency. The total budget of the agency after the reform of the ministerial budget together with fund from the National Economic Fund will stand at VPO 67 billion, ten billion more than originally requested by VASA itself. It is suspected that VASA is planning to get involved in a multinational multi-billion project which includes establishing a permanent space station on Terra's geostationary orbit. Valruzia could be an important asset in the whole operation as Valruzian spaceports are best situated to get heavy equipment to the orbit thanks to the close proximity to Terra's equator. In the past, the Valruzian spaceports were used to place on the orbit Valruzian and New Endralonian satellites which together are responsible for the operation of the VALNAS system.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Mon Dec 31, 2018 10:59 am

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LOT TO INVEST HEAVILY IN ARTANIA AIRLINES CITY LINER. KRASZESWKI: ARTANIA AIRLINES AS FOR NOW IS THE ONLY 5-STAR ARTANIAN AIRLINE AND THAT IS OUR GREATEST ASSET.
Nowogard, June 4508

NOWOGARD - It is expected that LOT Group will now focus its interests in the expansion and development of its newest and now the only Artanian subsidiary - the Artania Airlines. LOT managed to secure an order for 365 new planes for Artania Airlines to expand the route network in order to cover all of Artania. Nearly half of the new order is for Bolsa 175 aircraft which will operate routes under the name Artania Airlines City Liner - specially designated regional airline within AA. Janusz Kraszewski who serves as the CEO of LOT Group in Artania, and serving CEO of the AA said that the airline does not feel threatened by the recent formation of Artanian Airlines Alliance which, according to him, currently is in its infancy and a lot of time must pass in order for the new alliance to effectively compete with AA and LOT Valruzian Airlines. Kraszewski said that the new alliance and its leaders might just have committed the biggest mistake they could and treat the alliance as a single airline. According to Kraszewski treating a cooperation of several airlines as operating as a single airline might cause a lot of damage to it, as each of the airlines within the alliance function on the basis of the national law it is headquartered in, while Artania Airlines does not have this problem as it functions as an entirely independent subsidiary of LOT and is not bounded by any codeshare agreement that could limit its expansion capacity. CEO of AA also reminded that as for now Artania Airlines is the only Artanian airline with a 5-star rating from Skymaster which is an undeniable asset of the airline and gives it an important advantage over the AAA. Kraszewski said that his airline will be trying to obtain some larger planes like Reglair i4 and i7 in order to open long-haul and extra-long-haul routes across Artania.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Yolo04 » Mon Dec 31, 2018 5:40 pm

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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Mon Dec 31, 2018 6:03 pm

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BREAKING NEWS: VALRUZIN GOVERNMENT AND PRESIDENTIAL PALACE ABIDE BY ALDURIAN PARTNERS, REFUSE TO MEET WITH KEYMOON'S DELEGATION.
Nowogard, September 4508

BREAKING NEWS: In a short press release, both Council of Ministers and Presidential Palace announced that Valruzia abides by its partners in Seleya and will not be part of politicizing such important matter as public health. Presidential Palace and CoM announced that they will not meet the Keymon's delegation unless a three-sided meeting with Keymon's, Aldusia's and Valruzia's delegation is held in Nowogard in order to settle on a solution between two nations. Spokesperson of the Valruzian Government confirmed what was known since the beginning of the diplomatic tensions between Alduria and Kymon, that Nowogard supports the measures taken by Alduria in order to protect the public health and imposed stricter regulations for immigrants and tourists from countries where vaccination is not mandatory.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Yolo04 » Mon Dec 31, 2018 6:31 pm

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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Tue Jan 01, 2019 3:07 pm

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LOT Group's CEO denies all accusations and reasures on the Group's commitment to the supersonic aircraft project.
Nowogard, February 4510

NOWOGARD - LOT Group's CEO Władysław Furman for the first time since the accusations made by the leadership of the Kazulian Pixi Group has decided to publically deny all accusations and called the behavior of Pixi Group as 'both hard and easy to understand'. Recently Pixi Group has decided to withdraw from the frontline of airline race and switched its primary focus from airlines to luxurious cruise lines, something in which Valruzian companies has been present since the 4300s. with the Valruzian Ocean Lines being the flag example of well-functioning cruise lines and called the aggressive expansion of LOT a 'blind race to the top' and the Group's good-to-perfect evaluation of its airlines and their services by the independent agency SkyMaster unreliable. CEO of LOT Group denied all claims and called them a cry for help from an unsuccessful newcomer to the airline market. Furman said that without the momentum LOT has in its market the undeniable success of the airline would not be possible. -With hundreds of years of constant growth and constant expansion of our services, we've managed to build an undeniable name for our airline and capacity to expand faster and further than other airlines which have been stagnant. If we add to this equation the splendid cooperation with Reglair which has been the major aircraft supplier for LOT for decades it's a true recipe for commercial success. LOT has managed to open subsidiaries almost on every continent and the Group has significantly grown in the last ten years thanks to acquiring existing and establishing new airlines - subsidiaries of LOT. The rapid and aggressive expansion does not come for free - Furman admitted it has been a major economic effort for the whole Group but thanks to growing demand for air transport the LOT estimates that the current investments will cross the profitability threshold within 7 upcoming years. Furman also announced that LOT now will turn its main interest in improving the quality of its services to secure its position as a leader in the airline industry.

When asked about LOT cooperating with Reglair and Trigunian Jakataryn on the development of the potential supersonic airliner for the Group, Furman admitted that it is one of the most important ventures his airline is working upon. When asked about the progress of the works of the new airliner, Furman said that the first flight might take place earlier than the first planned flights of the main potential rival of the planned aircraft of Kazulian joint-venture between Asvald Group and Pixi Group, as the Valruzo-Trigunian airliner is far beyond the early stages of designing and the consortium is testing the aerodynamic characteristics of the new aircraft. Furman said that the LOT Group is determined and committed to acquiring at least 10 supersonic airliners to serve on the most popular routes of the Valruzian flag carrier: Nowogard - Vilita, Nowogard - Haldor, Nowogard - Hitam and many others. When asked about the questionable profitability of the whole project Furman said that a well-designed routes network and utility schedule for the new planes will allow the aircraft to turn profitable and that that is what the airline is willing to establish. Another surprising news was that the LOT Group has also placed an order for the cargo version of the supersonic aircraft. Reglair announced that indeed the company is working on both the passenger and cargo version of the new aircraft.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Mon Jan 07, 2019 6:10 pm

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BONNING GROUP TO OPEN BFS ASSEMBLY PLANT IN GREENVILLE, LIKATONIA AND A BATTERY FACTORY IN SANTA ANTONIA FOLLOWING THE AGREEMENT BETWEEN THE GOVERNMENT AND THE GROUP.
Hel, February 4512

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BFS assembly plant in Brzansk - on the picture BFS Aggero assembly line.

• Bonning wants to boost its sales in northern Seleya with the opening of the new assembly plant in Greenville - primarily the plant will be used to assemble BFS models which are one of the most frequently bought middle-of-the-market vehicles in the northern part of the continent, especially in Likatonia. Last year BFS outsold all other brands of the Bonning Group in Likatonia with more than 150.000 vehicles with the BFS badge sold.

• Batteries factory in Santa Antonia is aimed to allow Bonning Group to reach the 50:50 ratio in the production of the vehicle set almost 18 years ago. Valruzian giant wants 50% of its vehicle production output to be powered by electric motors, and 50% by combustion engines. For now, Bonning lacked a new battery plant, and with the increasingly limiting possibilities of establishing new factories in Valruzia, the new project is great for the company especially with the new 10% corporate tax law being passed in the Likatonian House of Representatives.


HEL - Bonning Group will invest at least VPO 199 million in their first BFS assembly plant in Greenville, Likatonia, the automotive giant announced today. As a result of the agreement between the group and the automotive mogul, the company for the first time in decades will engage in economic cooperation with our northern neighbor to such an extent. It will be the single largest investment by Valruzian business entity in Likatonia since the 4349 Valruzia-Likatonia border crisis. Now after 163 years of stagnancy in mutual economic relations, Valruzia is making the first step to again fully normalize the mutual relations.

At the beginning, the plant will be used to assemble all the sedans in BFS offer: Soratto, Cavalier, Aggero, Transcenda and later the all-electric iCona zE. Gradually with the expansion of the plant the assembly of other models will be also carried out by the plant in Likatonia. According to the Bonning CEO, the investment will be completed by 4518 and will create around 2.100 new jobs in the region. The estimated annual production output of the vehicle will reach 160.000 vehicles. The Group announced that it will engage with the Likatonia's government in negotiations on the possible incentives - Director of BFS announced that his company is looking for approximately 35 million LOD to cover the side-costs of the project.

It will be the first plant of Bonning group in Likatonia. The company announced that Likatonia can serve as a great expansion hub for their vehicles and said that after some time, the planned plant in Greenville can serve as the main assembly plant of BFS cars and cover all northern Seleyan market: Likatonia, Lodamun, and Kalistan.

AT THE SAME TIME BONNING (BRAND) ANNOUNCES PLANS TO OPEN BATTERY FACTORY IN SANTA ANTONIA.

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Bonning's two flagship electic vehicles - R1 eV (right) and R10 Hardtop (left).

• The announcement of the EV battery production facility in Likatonia's Santa Antonia followed the announcement on the new BFS assembly plant. Bonning said it will invest nearly VPO 400 million in battery production in Likatonia.

• The factory will be based on the revolutionary factory set up in Gryfitów, Valruzia.


Bonning, subsidiary of the Bonning Grop, announced that is building a battery production plant in Santa Antonia in Likatonia. The new factory is a project agreed upon by a joint-venture of Bonning and Likatonian Falcon Car Company which was started three years ago. According to Director of Department of Electric Vehicles of Bonning, Mariusz Tyrol, the new plant in Santa Antonia is the next step in the implementation of the company's electric strategy of 50:50 ration between all-electric vehicles and those powered by combustion engines. Tyrol said that with every month the demand for all-electric vehicles is growing and in Valruzia alone the percentage of all-electric vehicles' share in the total vehicles purchases stood at an astonishing 27%.

Bonning said that in order to maintain the position of the leader in the automotive industry it must respond to the demand of the market and the planned battery factory in Likatonia is exactly what the company needs. Bonning announced that it will cover 75% of the whole investment, and the Falcon Car Company will cover the remaining 25%.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Sat Jan 12, 2019 8:38 pm

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LOT REFRESHES ITS SUBSIDIARIES - MERGES INTER- AND HOMECONNECT INTO NEW AIRLINE SELEYANA.
Nowogard, August 4514

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Logo of the new airline - Seleyana.

NOWOGARD - LOT Group, the largest airline group on Terra, has just announced that two of its three legacy subsidiaries (LOT Cargo, Homeconnect and Interconnect) will cease operations and will be merged into a new single airline under the name Seleyana. According to LOT's spokeswoman Laura Nowak the operation will be finalized at the beginning of September. Nowak said that the airline will commence operations in the middle of September with the first flight planned from Nowogard to Sangon in Tukarali. The new airline will consolidate the current assets of the two airlines and as for now will use the fleets of the two aircraft, but it is expected that the new airline will refresh the aging fleet of Inter- and Homeconnect and will be aiming at equipping its fleet with the newest versions of Reglair i3 and i8, as well as airliners from other manufacturers as in recent years LOT has shown that it intends to break its tendency to create all-Reglair fleets.

The new airline will be the fourth largest within the LOT Group in terms of fleet size, with 140 planes initially, the airline will place itself behind LOT Valruzian Airlines which remains the largest single airline in Terra with 956 aircraft and 420 orders for new airliners, Artania Airlines (which is the most important subsidiary of LOT Group) with its fleet of 485 airplanes and orders for 200 more, and Air Baltusia with its fleet of 223 planes and orders for 180 new aircraft. Initially, the airline will keep the routes of its predecessors but it is expected that the international routes network will be greatly expanded and will cover most of Dovani and Majatra. Experts argue that the presence of yet another subsidiary of this size will greatly impact the growing momentum of LOT's main airline Valruzian Airlines, however, the Group itself says that the character of the new airline will be entirely different than this of the VA and that it will be aimed at those who seek cheap, long-haul connections, mainly younger customers.
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