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Juno (company): Difference between revisions
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The '''Venio-Porza Sodesterium''', commonly known as '''Venio-Porza''' or simply '''VP''', is a [[Caphirian]] ''[[Sodesterium]]'' (a central holding company with interlocking business relationships and diversified assets controlled by a person or family). The Venio-Porza Sodesterium is joint-controlled by business magnates [[Alexandus Venio II]] and Sando Theodatelio Porza, with Venio's primary assets coming from his controlling ownership of [[Quicksilver Industries]] and Porza's assets coming from his ownership of [[Porza Malercani Capital]], the largest company by revenue and largest hedge fund in the country respectively. | The '''Venio-Porza Sodesterium''', commonly known as '''Venio-Porza''' or simply '''VP''', is a [[Caphirian]] ''[[Sodesterium]]'' (a central holding company with interlocking business relationships and diversified assets controlled by a person or family). The Venio-Porza Sodesterium is joint-controlled by business magnates [[Alexandus Venio II]] and Sando Theodatelio Porza, with Venio's primary assets coming from his controlling ownership of [[Quicksilver Industries]] and Porza's assets coming from his ownership of [[Porza Malercani Capital]], the largest company by revenue and largest hedge fund in the country respectively. | ||
In 2005, Venio-Porza Sodesterium began acquiring large holdings in various businesses to balance their principal assets from the defense and financial industries. This range includes retail businesses, electronics manufacturers, media productions, flight services, and more. Its largest acquisition was in 2009 when Venio-Porza acquired [[Petalstone]], a global electronics and media conglomerate, for over $200 billion. Additionally, Petalstone operates a dozen "unlisted" companies that include shipbuilding, construction, life insurance, advertising, and more. | |||
Very little public information exists on the exact structure and nature of the Sodesterium; all of its holdings are held through a wide network of shell companies, legally the only two employees are Venio and Porza, and due to an exploit in corporate law the Venio-Porza Sodesterium is not required to | Very little public information exists on the exact structure and nature of the Sodesterium; all of its holdings are held through a wide network of shell companies, legally the only two employees are Venio and Porza, and due to an exploit in corporate law, the Venio-Porza Sodesterium is not required to disclose its financials publicly. Independent audits have suggested that Venio-Porza is one of the world's largest non-governmental privately held companies by revenue and has massive influence over Caphiria's industries. | ||
[[Category:Caphiria]] | [[Category:Caphiria]] | ||
[[Category:Quicksilver Industries]] | [[Category:Quicksilver Industries]] | ||
[[[[Category:Companies in Caphiria]] | [[[[Category:Companies in Caphiria]] | ||
[[Category:Organizations in Caphiria]] | |||