ESB-Jörmungandr Group
The ESB-Jörmungandr Group of Teldrin of Upper Lunaris is a trading company under warrant of the Kingdom of Goldshire. The ESB Group remit is to serve as a Joint Stock Company trading in goods, commodities and services on the Benacian Continent.
The company was established by articles of association signed by Thorgils Tarjeisson, Daniel Dravot & Dr Ernst Cryptsinger on Izillare, 2 Gevrader 1634, at the saloon bar of the Bethlem Hotel, Teldrin.
One tenth of all profits derived by the activities of the ESB Group are remitted to the Queen of Goldshire, Noor Bint Simrani-Kalirion.
Contents
Headquarters
The Seat of the Board of Directors is stipulated to be in Teldrin, Upper Lunaris, Goldshire and corporate offices have been established in the suites of the the Bethlem Hotel (Formerly Bethlem Lunatic Asylum).
The Group also in 1635 commenced the construction of the 'Sanitorium' in Teldrin as a fortified residential cantonment for employees based in Lunaris who wished to retain their sanity in the midst of a population of habitual lunatics. It is expected that the headquarters of the company will relocate to a suite of offices in the Sanitorium once construction is completed in 1637.
Organisation
The Group is organised into six Directorates subordinate to the Board of Directors, these being:
| Directorate | Function | Employees |
|---|---|---|
| Secretariat: | Reports to the Secretary to the Board of Directors. Supporting the Board of Directors of the ESB Group in following the obligations enjoined by the Articles of Association and the Grand Ducal Warrant upon the aforesaid board. Additional duties include the Organisation and Internal Governance of the Group and it's directorates. Prospectors and Observers, both resident and itinerant, report directly to the Secretary of the Board of Directors and thus belong under the Secretariat's Pay-Roll. | 997 |
| Directorate of Commodity Services: | Production, import and export of all goods, commodities and services to and from Teldrin as well as supplementary trades in any and all jurisdictions. | 4,324 |
| Directorate of Logistic Services: | Maintenance of Harbour and Transport Facilities. | 2,723 |
| Directorate of Outsourcing Services: | Administration of public bodies on behalf of Government. | 154 |
| Directorate of Financial Services: | Administration of revenues, banking for clients & and the allocation of capital within the ESB-Jörmungandr Group. | 3,625 |
| Directorate of Security | Close Protection of ESB Group corporate officers, personnel and property | 1,002 |
Business Activities
| Contract | Contract Value | ESB Directorate | Awarding Authority | Activity | Year Awarded | Contract Duration |
|---|---|---|---|---|---|---|
| Teldrin Trade Monopoly | No Fixed Value | Commodity Services | Kingdom of Goldshire | Monopoly on all goods, commodities and services to and from Teldrin | 1634 | In perpetuity subject to per annum remittance of ten percent of all profits to the Crown |
| Teldrin Mint | 12.2M Teldrin Thalers (Th) | Financial Services | Worshipful Corporation of Aldermen for the City of Teldrin | Production and Circulation of Teldrin Thalers | 1634 | 10 Elw Years |
| Teldrin Transport Docks Board Ltd | 2.795M Th | Logistic Services | Worshipful Corporation of Aldermen for the City of Teldrin | Management of Teldrin Dock & Associated Warehouses | 1634 | 7 Elw Years |
| Imperial & Emirati Bank of Alalehzamin | 400M Th | Financial Services | Emirati Government of Alalehzamin and Utasia | Banking Services to the Emirate of Alalehzamin & Utasia | 1634 | 10 Elw Years |
| Bountiful Harvest Ltd | 16M Th | Financial Services | Emirati Government of Alalehzamin & Utasia | Management of the 400M Th Sovereign Wealth Fund of the Emirate | 1634 | 20 Elw Years |
| Boat Yards of Teldrin Ltd | 3.96B Th | Logistic Services | MoMA | In-Service Maintenance of the eleven Duchy Class Destroyers of the Imperial Shirerithian Navy | 1635 | 12 Elw Years |
| Royal Government of Goldshire | No Fixed Value | Outsourcing Services | Kingdom of Goldshire | Public Administration | 1635 | In perpetuity, subject to Royal discretion |
| Boat Yards of Amity Ltd | 3.48B Th | Logistic Services | MoMA | Construction and In-Service Maintenance of the three Poltroon Class Submarines of the Imperial Shirerithian Navy | 1635 | 12 Elw Years |
| Amity Ports Authority Ltd | No Fixed Value | Outsourcing Services | Emirate of Amity, Mirioth & So-Sara | Construction and civil administration of the dockyards operated by the Boat Yards of Amity Ltd | 1635 | 12 Elw Years with options to lease back facilities |
| Shrubway (Shireroth) Ltd | No Fixed Value | Financial Services | Church of Minarbor/Third State Arbour (Empire of Minarboria) | Franchising authority for branches of Shurbway fast-food vendor in the Imperial Republic of Shireroth | 1635 | Yearly renewal, subject to remission of 12% percent of profits per annum to the Church of Minarbor. |
| County of Ran Public Insurance & Cudgelling Ltd | 2M Th | Outsourcing Services | Count of Ran | Property Insurance, Public Administration, Emergency Services and Law Enforcement | 1636 | For duration of the Count's tenure of office. |
| South Sea (Ura'Bos) Company Ltd | No Fixed Value | Commodity Services | The Kaiser | Plantation of a Colony onto the Imperial Dominion of Ura'Bos for the purpose of trade with Natopia | 1636 | In perpetuity, subject to Imperial oversight. |
Personnel
As of 1635 the ESB Group employed 12,828 members of staff, not counting contractors, sub-contractors and short-term hires. 9,046 were reported to be resident in Goldshire. 3,601 were domiciled in the Emirate of Alalehzamin & Utasia. 181 members of staff were reported as domiciled in Shirekeep for tax purposes.
Board of Directors
| Director's Name | Post | Area of Operations | Employee Number |
|---|---|---|---|
| Thorgils Tarjeisson | Chairman & Director of Commodity Services | Ardashirshahr, Alalehzamin and Utasia | 1634-001 |
| Daniel Dravot | Director of Logistic Services & Outsourcing | Goldshire Hamlet, Goldshire | 1634-002 |
| Dr Ernst Cryptsinger | Director of Financial Services | Shirekeep & the Imperial County | 1634-003 |
Notable Employees
| Employee Name | Post | Area of Operations | Employee Number |
|---|---|---|---|
| Deimos Jasonides | Secretary to the Board of Directors | Teldrin, Goldshire | 1634-004 |
| Huldah Llynadorion (f.) | Resident Observer | Duchy of Raikoth | 1634-148 |
| Laqi Hyrrion (dec'd) | Itinerant Observer | Lichbrook & Minarboria | 1634-902 |
Notable Former Employees
Reginald Smythe (Employee Number 1635-346), a prospector assigned to the Southern Islands was kidnapped by the Tegong of Jingdao and his body mutilated in a manner consistent with an internal bomb blast before his remains were deposited at the scene of a staged suicide bombing in the Imperial Assembly of Epoli. As a consequence of the abduction and murder of one of its employees the ESB Group in late 1635 created the Security Directorate to improve the safety of its workforce, at home and overseas.
Controversies
Some jurisdictions have questioned the presence of paid Observers in their ports - considering them to be either a nuisance on a par with impertinent news correspondents or else as poorly disguised practitioners of industrial espionage.
Although the ESB-Jörmungandr Group has no openly declared rivals its monopoly on trade with Teldrin is not favourably thought of by would-be competitors. This, together with encouraging the River Trade bound between Shirekeep and Musica on the Red Elwynn to accept hospitality at Teldrin and for their Erb to be exchanged for Thalers in the pubs, hotels and brothels of the town whilst the goods they carried were repackaged for export under the ESB label, for which a fee was charged, has been considered by some to amount to sharp practice.
By operating the Teldrin Mint the ESB-Jörmungandr Group is also reported to have incurred the enmity of the Assayers of the Avakair Mint who consider the project to be little more than a systematic attempt to debase and supplant the hallowed gold-standard of currencies with worthless fiat money.
Operation Ithaca
Operation Ithaca commenced in 1636 when the ESB-Jörmungandr Group received a licence from the Basileusa of Constanica to mount an expedition to the city of Vey in the interior of the Euran Continent, for the purposes of examining a ruined Babkhan ziggurat as part of the Secretariat's ongoing Industrial Archaeology Programme - which focused primarily on salvaging technology from the many ruined civilisations of Micras. This expedition also marked the first overseas deployment of the Directorate of Security at a time of heightened tensions between Jingdao and Constanica.
