Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Fri Mar 09, 2018 6:45 pm

The Valruzian Economist || Economic News From Valruzia

BONNING UNVEILS ITS PLANS TO ESTABLISH A NEW BRAND IN ALDURIA
Hel, February 4360

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Logo of the Bonning's newest subsidiary Avignon.

HEL - Bonning Car Factory, the premium car maker of Valruzia, has announced it will invest 4,3 billion Valruzian pesos in Alduria in order to establish a new standalone car brand Avignon. This initial investment will support the initial phase of the Avignon's product, brand and industrial development to become a fully consolidated Bonning Group subsidiary. Three first production models were announced in Brzansk as Bonning confirmed plans for its first three models, a new purpose-built production facility in Alduria and a customer-focused route to market that will set a new industry benchmark for medium-class vehicles. The investment will be used, among other things, to establish a state-of-the-art Avignon manufacturing facility in La Rocher in the State of Novelle Orange, marking a new chapter in the development of Bonning's production capacity and transforming it into a truly global enterprise.

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Avignon's first three car models: Crossventuro, Larochelle, Avantegeux

New brand's first three vehicles were presented during a special showroom held in Brzansk at Bonning's headquarters. Cars are set to roll off the production line in mid 4363. All three cars will use components used in Bonning's cars and most importantly Bonning's engines. This decision was dictated by Bonning's will to limit the initial costs of the process. President Ferenc announced that in the future more funds will be pumped into Avignon to develop their own engines. Another important news is the fact that one of two Chief Designers of Bonning will from now on work on Avignon cars. This decision will surely accelerate design, development and production processes at fraction of the time it takes other new entrants. This set-up will radically shorten the time Avignon needs to commercially launch its cars, giving it a strategic advantage compared to competitors. Bonning announced that first set of cars will be simultaneously manufactured at companies in Brzansk and La Rocher to ensure the factory in the latter has the time needed for reaching the full manufacturing capability.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Fri Mar 09, 2018 9:23 pm

The Valruzian Economist || Economic News From Valruzia

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VALRUZIA FINALLY MOVING FORWARD WITH THE VALPARAISO-CLASS CORVETTES
Nowogard, October 4359

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Graphics depicting the design of the Valparaiso-class corvette.

NOWOGARD - URGENT/PILNE!: Valruzian Ministry of National Defense has finalized the procurement process for the production and delivery of ten new Valparaiso-class corvettes for the Defense Navy of Valruzia. Choice of the ministry is not a surprise as the Valruzian Armaments Group and Eckner-Abert which is the largest shipbuilding company in Valruzia were the favorites of MOND from the beginning. Eckner-Abert was the only one to present a project which fulfilled all requirements set by the Ministry and in the outcome, its project was the only one passed through the first stage of the procurement process, which with no other competitors made its design the official winner of the process. A representative of the Eckner-Abert shipyard from Szary Kamien, whose identity will remain undisclosed, announced that works are being made at the company's manufacturing facility aimed at building the first working prototype of the vessel which will be later incorporated as the first of the ten ordered.

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ORW Valparaiso under construction in Szary Kamień.

The remaining ships will be built in the Shipyard of the Valruzian Maritime University in Szary Kamień. The plan is to build and incorporate all ten ships by January 4365. Adding up all the reported expenses, the estimated cost of the whole project is about 12.7 billion Valruzian pesos. Along with the contracts for the purchase of equipment, the Ministry of National Defense signed agreement offsets with Bonning and Reglair. The offsets are worth 1.5 billion pesos and will be implemented over the course of three years.

The first vessel - ORW Valparaiso will be 95 meters long (which is almost twice as much as the early projects of the MOND - the change was accepted by the Minister of Defense earlier this year) and will displace 2,100 tonnes. The ship will use the corvette's propulsion in the form of turbines that will generate a top speed of 31.5 knots. The ship will be armed with a 80mm automatic gun caliber and two unmanned 30mm mounts, 10 surface-to-air missiles from Reglair (Reglair STS100X), two anti-aircraft missiles (Reglair STA100X), and 60 torpedoes. Additionally, it will be fitted with a helicopter deck.

The Valraparaiso will be the first new combat ship built for the Valruzian Navy for 10 years. Its acquisition marks the commitment of the current government to fully modernize the Valruzian Defense Forces to meet the requirements set out by the current international scene. It is the first enlargement of the Valruzian Navy since the esteemed "Orca" Programme with which MOND equipped the Defense Navy with two Istalian-made aircraft carriers and 8 new submarines.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Tue Mar 13, 2018 6:23 pm

The Valruzian Economist || Economic News From Valruzia

REGLAIR ACQUIRES 16.5% OF KANJOR AERONAUTICS AND ANNOUNCE STRATEGIC PARTNERSHIP
Nowogard, February 4362

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Logos of the Reglair Company and Kanjor Aeronautics.

NOWOGARD - Reglair Company and Kanjor Aeronautics are to become strategic partners and work on mutual projects to set a new standard for small size aircraft market. A corresponding agreement was signed today at Kanjor Aeronautics headquarters by Presidents of both companies. The agreement brings together Reglair's global reach and scales with Kanjor Aeronautics' newest state-of-the-art small jet aircraft family, positioning both partners to fully unlock the value of the 7X series platform and create new significant value for customers not only in Seleya but around the world. Reglair Company bought 16.5% of KA shares from the Kanjorian National Chamber of Commerce and became the second largest structural owner of KA. The total value of the agreement between Reglair and National Chamber of Commerce of Kanjor was set at KRP ₭1.8 billion (~ VPO 1.97 billion).

Under the agreement, Reglair is obliged to provide procurement, sales and marketing, and customer support expertise to the Kanjor Aeronautics which until now has been operating and selling its products mainly in Seleya. Reglair announced that it plans to propose expanding KA's production in Valruzia. According to Reglair's President Johannes Bergman this unique cooperation between KA and Reglair will create a synergy on the market of aircraft as products made by Reglair and KA are complementary. The single aisle market is a key growth driver, representing 65% of the expected global future demand for aircraft. Ranging from 30 to 120 seats, the KA's planes is highly complementary to Reglair’s existing single-aisle aircraft portfolio (i1 which can carry maximum number of 120 people but is during the process of phasing out, i2 which can carry up to 170 passengers but is in the process of phasing out, i3 with seating options ranging from 150-240, and i5 with seating option ranging from 170-300). The world-class sales, marketing and support networks that Reglair brings into the venture are expected to strengthen and accelerate the KA’ commercial momentum. Additionally, Reglair’ supply chain expertise is expected to generate significant KA's production cost savings.

Reglair is strongly committed to Kanjor and its aerospace sector with Kanjorian suppliers extending their access to Reglair's global supply chain. This newest partnership is set to secure jobs in both Kanjor and Valruzia for many years to come.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Wed Mar 14, 2018 5:27 pm

The Valruzian Economist || Economic News From Valruzia

VINCIGUERRA: MIX-UP IN DORVIK'S POLITICS CAN AFFECT THE NEGOTIATIONS BETWEEN DORVIK AND VALRUZIA
Nowogard, October 4362

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Izabela Vinciguerra - Minister for Foreign Affairs and Seleyan Matters.

NOWOGARD - Valruzian Minister for Foreign Affairs and Seleyan Matters Izabella Vinciguerra commented the recent elections in Dorvik and said that the change in the Dorvish Foreign Ministry can affect the negotiations between Dorvik and Valruzia on normalization of bilateral relations between the two countries. In recent years we saw the first signs of detente between Haldor and Nowogard with at least three meetings between high-ranking officials from the Dorvish Foreign Ministry and the Valruzian Ministry for Foreign Affairs held in Nowogard and Haldor within the last 12 months. The most obvious sign of loosening the tough and unfriendly relations was undoubtedly the revocation of sanctions put on Dorvik back in 4331, 4332 and in 4359. The Sejm supported the revocation. The government in Nowogard with the Liberal Party in control over the Ministry for Foreign Affairs has clearly set itself a tough aim to normalize the relations between the two countries. The tough goal has just recently become maybe even harder to achieve as the elections held in Dorvik in June has ousted the All-Dorvish Union with which Nowogard held the negotiations. It is uncertain whether the new government formed of the Conservative and Reformist Alliance and Dorvish Progressive Party will be willing to pursue the path of normalization between the two countries. Vinciguerra said that it is a well-known fact that both the All-Dorvish Union and Conservative and Reformist Alliance have made negative positions against Valruzia in the future and presented a rather hostile position towards the reconciliation between Nowogard and Haldor, but it was the All-Dorvish Union which agreed to start the negotiations. In addition to that, the Conservatists have taken very strong anti-Valruzian position during the diplomatic crisis between Dorvik and Valruzia back in 4310s and 4320s which can affect the positions worked-out by the negotiators from the All-Dorvish Union and the Liberal Party-led Ministry for Foreign Affairs.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Thu Mar 15, 2018 5:31 pm

The Valruzian Economist || Economic News From Valruzia

VALRUZIAN AMBASSADOR WILL NOT ATTEND THE SUMMIT IN CACHTICE
Nowogard, February 4363

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Chancellery of the Council of Ministers of Valruzia in Nowogard.

NOWOGARD - Council of Ministers of Valruzia informed in a brief statement that during the cabinet meeting earlier today it was decided that Valruzia will not be attending in the summit held in Cachtice which is suppose to be a foundation to the Terran Federation Union. Council's spokesperson said that the government does not see any advantages of participation in the summit and that Valruzia's commitment lies with the Seleyan Union and that the solution for Terra's problems should be sought in the deep and structural reform of the World Congress and the Security Council and no in the multiplication of the existing organizations. Valruzian ambassador to the Seleyan Union said that the organization is not planning to send any representation and that no plans to do so were presented to the Union Assembly in Victoria, Baltusia. Minister for Foreign Affairs Izabela Vinciguerra said that the issue of propagation of democracy, respect for the human right in the Terran scale should be brought up in the World Congress and solved within the World Congress and that no other organization is capable of doing so. Valruzia, on the other hand, congratulated the Deltarian government on the idea of the summit, and praised the commitment of Cachtice to world peace, but encouraged the Deltarian authorities to put more trust in the World Congress and raise the issues they want to address during the summit in Cachtice on the plenary session of the General Assembly of the World Congress.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Fri Mar 16, 2018 3:06 pm

The Valruzian Economist || Economic News From Valruzia

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MINISTRY OF NATIONAL DEFENSE AND ECKNER-ABERT SHIPYARD SIGN MULTIBILION PESOS FOR SHIPS FOR THE NAVY
Nowogard, September 4363

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Ministry of National Defense Headquarters in Nowogard.

NOWOGARD - Valruzian Ministry of National Defense and the largest shipbuilding company in Valruzia, Eckner-Abert, has just signed a preliminary deal for at least 25 new vessels for the Defense Navy of Valruzia, MOND informed. Such announcement indicated that the preliminary deal was made without the procurement process which usually is required, but the Ministry is allowed to bypass the procedures under certain circumstances. MOND in the last 5 years signed deals with Eckner-Abert for development and construction of two types of vessels for the Defense Navy: Valparaiso-class corvettes and Mar-a-Lago-class destroyers. Both units quickly gained popularity and were proven reliable, so the reason for bypassing the procurement process could be the trust which MOND put in Eckner-Abert, and that vessels from this producer fit the requirements and expectations of the Navy. This will be one of the biggest deals in the history of Valruzian Defense Navy. At 29.9 billion Valruzian Pesos the deal is only 0.9 billion smaller than the well-known "Orca" Programme which in 4339 equipped the Defense Navy with two aircraft carriers and 8 new submarines made in Istalia. This time MOND bets on Valruzian-made vessels designed and manufactured by Eckner-Abert which in recent years presented quite a few very interesting, modern designs which caught the eye of MOND's officials. MOND's is the most interested in broadening the range of corvettes (the proposed vessels are: Gryfitów-class, and Kampania-class corvettes) and declared the initial will to expand the current fleet with two additional corvette classes, one SIGINT vessel based on the Mar-a-Lago-class destroyer and two patrol boats which will serve in the Defense Navy and Coastal Guard. CEO of Ecker-Abert expressed his appreciation that Valruzian authorities invest so much trust into the company and that wealth and growth of Defense Navy's capabilities are very important for his company and that it will try to show that in the quality and capabilities of the new vessels. Valruzian Ministry of National Defense's other most important decision was to equip the Navy with the Bergamo-class SIGINT vessel. This will be the first maritime vessel of Valruzia capable of conducting signals intelligence operations and will greatly boost the operational capabilities of the Navy. The remaining two projects which were included in the preliminary deal between MOND and Eckner-Abert were two patrol boats which are supposed to meet Navy and Coastal Guard's demand for small, agile and multipurpose units. 501-class and 601-class units are similar in design and thanks to their modular construction they can serve as multipurpose vessels. The 501-class which was designed specially for the Coast Guard whilst the 601-class is an armed variant of the 501. 601-class is equipped with a 32 mm naval gun.

The recent decades saw an unprecedented expansion of the Valruzian Navy's capabilities with billions of pesos being poured to the Navy's budget and purchases of additional vessels and equipment. The government's activities have stimulated the Valruzian defense market which in recent years became one of the largest in Seleya with significant growth in all sectors: land defense systems, air defense and air force industry and especially the maritime systems. Szary Kamień-based Eckner-Abert shipyard became the largest in Seleya with orders for both military and civilian vessels pouring from Valruzia and outside.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Fri Mar 16, 2018 11:47 pm

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VALRUZIA OPENS SELEYA'S LARGEST COAL-FIRED POWER PLANT AS DEMAND FOR ENERGY CONTINUES TO GROW
Pastarnia, December 4363

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View on the newly opened Pastarnia II Power Plant.

PASTARNIA - Valruzian state-controlled energy company Enerwal earlier today inaugurated Seleya's largest coal-fired power unit which was built to meet the country's ever-increasing demand for electricity.

Enerwal opened a 7,300 MW power plant built by an ad-hoc joint venture between Bonning and BFS 20 kilometers outside Pastarnia, Ruzian Voivodeship. According to Enerwal the new plant is the largest and most modern facility of this type in Valruzia and uses the most eco-friendly solutions which can be used in coal-fired power plants. The decision to establish the facility was made in 4358 and was given a green light by the Ministry of Trade and Industry in 4360 after a project of the new plan was accepted by the Ministry. The total cost of the new plant closed at 2.3 billion over three years. The plant will use more than 5 million tons of coal annually, mainly from surrounding coal plants which are: Ignańczyk mine, Gudziącka mine, and Rowojchów mine. Coal, next to natural gas remains an important sector of the Valruzian economy, employing some 240 thousand people. Coal and lignite together account for approximately 33% of Valruzian energy production and is the second largest source of the energy right after nuclear energy which succeeds coal by just 1.5% and is followed by natural gas which stands at 21%. According to Minister of Trade and Industry Filip Bertowicz, who was present during the opening ceremony said that the plant will increase the energetic security of the Republic and it is one of several answers for the country's constantly increasing demand for electricity and energy.
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Re: Valruzian Press Agency (Walruzyjska Agencja Prasowa)

Postby Masionette9 » Sun Mar 18, 2018 4:45 pm

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CoS & GI: SELEYAN COUNTRIES SHOULD PURSUE THE PATH OF FURTHER INTEGRATION
Nowogard, September 4364

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Gloria Iustitia's new headquarters (building in the center) in Nowogard, Valruzia.

NOWOGARD - In what seems to be the first official document issued jointly by human rights and democracy organization Gloria Iustitia, and the Council of Seleya which is aimed at preservation of multicultural characteristics of the Seleyan continent and at the same time monitor the state of democracy, human rights and the rule of law, diplomats from the Council of Seleya and lawyers from Gloria Iustitia say that Seleyan Union should work out the future shape of the Seleyan Union. Gloria Iustitia praised the legacy of the Seleyan Union which in the last couple decades became one of the top three areas on Terra where democracy is respected and citizens of Seleyan Union can enjoy peaceful life outside of any life-endangering conflict. In the document called "Seleya: Agenda for future and peace 4400" Gloria Iusitia and Council of Seleya point out that in recent decades the Seleyan Union which represents saw an unprecedented economic growth and according to the authors of the document, that is the result of closer economic cooperation on the continent and taking down economic barriers between member states. Council of Seleya highlights the importance of the Aloboro Agreement which, despite Valruzia and Alduria are the only participants, significantly affected the economic cooperation between the two countries, especially in the automotive. CoS underlines the fact that the Agreement contributes to growth in all sectors of the economy and especially in services, as with no border controls people are most likely to travel throughout Seleya. According to the document, Valruzian Ministry of Internal Affairs claims that average annual number of Aldurian tourists visiting Valruzia is 230 thousand, while the National Office for Statistical Research about 310 thousand of Valruzians visit Alduria every year. When compared with numbers before the Agreement came into force, we can see that they are roughly twice as high without the border patrols. Both Valruzian and Aldurian tourist industry benefits greatly every year thanks to the Alboro Agreement, in both countries the recent decades of saw increase in the total number of hotels and resorts and both quantitative and qualitative growth of the tourist and leisure infrastructure. In Valruzia tourist and leisure services make up a total of 8.9% of the total GDP which is relatively high result in north Seleya.

CoS and GI point out that extreme, nationalist political parties tend to undermine or distort the achievements of the Seleyan Union and tend to overuse the claim that it limits the sovereignty of the Member States. Gloria Iustitia points out that no article in the Treaty on the Seleyan Union limits the political might of any Member State and that all 12 Member States can enjoy the same rights within the community and are free to leave the organization. Economists from Gloria Iustitia highlight that in order to sustain the economic growth of the whole region, Member States will have to sit down together and work out additional protocols or declaration which will reform the current union. One of the proposed solutions is an increased level of economic freedom by establishing a pan-seleyan corporate status for companies that are able and are willing to operate on the territory of Seleyan Union and that their services and operations will have transborder character. Gloria Iustitia point out that the Valruzian government have tried to establish such solution back in 4327 with the Seleyan Petroleum Company - the planned company was supposed to have a unique corporate identity and could be the first ever Societas Seleyanea - allowing it to operate on the territory of the whole Seleyan Union and to be the subject to a special procedures in countries it operates. I could be said that currently, companies like Bonning and Reglair are the closest to what the Valruzian Government wanted to implement more than 30 years ago despite they operate as Valruzian corporate entities, and are subject to Valruzian internal taxation. Creation of such ventures could allow for the creation of the Union's budget which could be used for structural programmes for underdeveloped regions in the Seleyan Union and as subsidies for development programmes of the Member States' governments.
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