Dagudashaag Metals and Mining Company
Dagudashaag Metals and Mining Company AG LIC is a large industrial combine specializing in mining and metal production.
- It is frequently referred to as DagMet AG.
Market Ticker Code[edit]
This business entity is traded under the following interstellar market codes:
Market Ticker Code Name Code Type Charter Remarks DagMet AG DagMetAG 4 to 12 alphanumeric character LIC & AG Manufacturing interest.
Description (Portfolio)[edit]
DagMet's primary business is associated directly with the mining and ore processing industry, with sixty-five percent of the company's investment and revenue corning from this area. Other related industries include chemical extracton and processing, fabrication and the manufacture of mining equipment -- these make up a further twenty per cent.
Commercial Competencies[edit]
It is a large industrial combine specializing in:
- Mining & metal production
- Fabrication industry
- Starship construction
Stockholders[edit]
Stock ownership (1105):
- Augustus Johannssen, CEO: 2.4%
- Individual Board Members: 4.9%
- Company Employees: 4.3%
- Imperial Family: 1.2%
- Viirsarikaa Family: 0.8%
- Banque de Dagudashaag: 27%
- Other Banks: 22%
- Zirunkariish: 15%
- Noble Families: 7%
- Clan Aohalai: 9%
- Public: 21.4%.
Subsidiaries[edit]
- Bansk* an Agricultural Investments (agricultural production and processing)
- Freight Systems of Ushra (bulk cargo transport)
- Future Promise Enterprises (cold berth and medical facilities)
- Zithorl Holdings (starport administration and maintenance)
Mining companies owned by DagMet, but operating under their own names, include Astex LIC (of Sapphyre) and Inir-Hantekh (of Khandi).
History & Background (Dossier)[edit]
Dagudashaag Metals and Mining Company, to give DagMet its full name, was formed out of the merger in 322 between the Sylean Entek Spinward Industrial Ventures and the Terran Independent Miners Co-operative. These original companies had histories of nearly a thousand years between them, and had flourished on the resurgence of trade and industry that followed the build-up to, and inception of, the Third Imperium. The Independent Miners Co-operative was initially financed through a prospectors' collective who pooled their resources to improve exploration and the surveying of new mineral sources in coreward Diaspora Sector. The Entek Spinward Industrial Ventures owed their origin to grants and franchises offered by the emerging Sylean Federation in the expansion out of Core Sector. Shortly after the founding of the Third Imperium, the two companies moved most of their business to the core regions of Dagudashaag and Gushemege. As the new Imperium expanded, both companies suffered commercially at the hands of the reemerging Vilani Megacorporations, Sternmetal Horizons, and -- later -- Delgado Trading. There was also intense competition from other, 'indigenous' mining concerns such as Camrii-La Paz Pan-American Industrial Consortium (who had been based on Bolivar for nearly two thousand years).
A chance meeting on a cruise liner, in 317, between the CEOs of the two companies -- Petr Radalescu and Sadek Hinuur'Arl -- set the course for the merger. Five years later, their plans for a larger industrial combine bore fruit with the formation of DagMet. Reorganisation, consolidation and new investment through new share issues led to a solid but unspectacular recovery.
Worlds and sectors[edit]
The company is based in Laraa (Dagudashaag 2534), also the headquarters for subsidiary Future Promise Enterprises, and serves the fabrication industry (especially in starship construction) in and around the Dagudashaag sector.
World Listing: 1105[edit]
References & Contributors (Sources)[edit]
|
This article is missing content for one or more detailed sections. Additional details are required to complete the article. You can help the Traveller Wiki by expanding it. |
- Jae Campbell. "Library Data: Laraa." Signal-GK 08 (1994): 43. via HIWG
- Jae Campbell. Encyclopaedia Dagudashaag (Signal-GK, 2017), 77-78.