Future Promise Enterprises
Future Promise Enterprises LIC was a small company operating a small number of Timer clubs on the Dagudashaag- Gushemege border. It is now is a wholly owned subsidiary of DagMet AG.
Founded in 794 by a local entrepreneur, Mitta Holt.
The company did fairly good business until the early 900s. Changes in local law on some wolds prohibited the practice, describing it as unethical. The loss of business and a number of highly publicized deaths of three 'sleepers' sent the company into terminal decline.
Shortly after this point FPE was bought out by DagMet AG (who were looking to diversify their interests following bad trading figures themselves in the preceding five years). As a consequence of the severe drop in profits DagMet were in need of major restructuring which involved large numbers of layoffs especially amongst their senior management. DagMet could ill-afford to make the large redundancy payouts that was required by them under local and Imperial commercial regulations and thus thought their way around the problem by buying out FPE. DagMet offered a large number of their middle-ranking executives the opportunity of 'sleeping-out' the recession in the FPE facilities, guaranteeing them a resumption of their careers at the end of the period as well as nice bonuses for the time they were in hibernation.
Description (Portfolio)
No information yet available.
Commercial Competencies
Governance & Organization
No information yet available.
Stockholders
Stock ownership (1116):
- Future Promise Enterprises is a wholly owned subsidiary of DagMet AG.