Torval Mining Ltd: Difference between revisions
m Clockpuncher moved page Torval-Mastopolos Mining to Torval Mining Ltd: Updated name |
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|headquarters = Torval Orbital, [[LTT 198]] | |headquarters = Torval Orbital, [[LTT 198]] | ||
|area_served = Imperial space | |area_served = Imperial space | ||
|key_people = [[Zemina Torval]] ( | |key_people = [[Zemina Torval]] (CEO)<br/>[[Constantia Torval]] (Director of Operations) | ||
|products = Mining and transportation services | |products = Mining and transportation services | ||
|divisions = | |divisions = | ||
|subsidiaries = | |subsidiaries = | ||
|parent = [[Mastopolos Mining]] | |parent = [[Mastopolos Mining]] (formerly) | ||
|founded = August 10, 3307 | |founded = August 10, 3307 | ||
|dissolved = | |dissolved = | ||
|reorganized = | |reorganized = October 8, 3307 | ||
|merged = | |merged = | ||
}} | }} | ||
'''Torval-Mastopolos Mining''' is an | '''Torval Mining Ltd''', formerly known as '''Torval-Mastopolos Mining''', is an [[Empire|Imperial]] mining [[Corporations|corporation]] based in [[LTT 198]]. It was originally created by [[Senator]] [[Zemina Torval]] as an autonomous branch of [[Mastopolos Mining]] in August 3307 after Torval, then the majority shareholder of Mastopolos Mining, decided to burnish her legacy for the benefit of [[Torval family|her children]]. Senator Torval appointed her daughter, [[Constantia Torval]], as the branch's operations director. Torval Mining Ltd continued to operate under the Mastopolos Mining umbrella until October 3307, when it became a fully independent company and Senator Torval assumed the role of CEO. In addition to headquarters facilities in Torval Orbital and on the planet Dini in LTT 198, Torval Mining Ltd also possesses a [[megaship]], the Pride of Bitterwood stationed in EGM 559. | ||
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== Timeline == | == Timeline == | ||
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08 OCT 3307 | |||
*[[Senator]] [[Zemina Torval]]'s company Torval-Mastopolos Mining has become fully independent from its parent corporation. The former subsidiary of [[Mastopolos Mining]] has officially rebranded itself as [[Torval Mining Ltd]]. Zemina Torval is listed as its CEO, with her [[Constantia Torval|eldest daughter]] remaining as operations director. The starport Torval Orbital in the [[LTT 198]] system serves as the company's headquarters. Business correspondent [[Anton Lagorio]] reported for The [[Imperial Herald]]: "Although Torval Mining Ltd is now an independent company, shares are legally transferable between it and Mastopolos Mining. This has allowed loyal supporters of both Zemina Torval and [[Gabriella Mastopolos]] to flock to each other's banner. As a result, Torval Mining Ltd has acquired many ships, staff and resources from its former parent. There have been assurances that the split was amicable and in line with [[Empire|Imperial]] traditions of honourable conduct. Constantia Torval has promised customers that mining and transportation services would be maintained to the same high standard. Speculation continues over what caused this unexpected rift between the [[Torval family|Torval]] and [[Mastopolos family|Mastopolos]] families. It seems that Zemina Torval is focusing on providing benefits for her own children and grandchildren, rather than her cousins on the Mastopolos side, but the reason for this change of heart remains unclear."<ref>[https://community.elitedangerous.com/galnet/uid/616032e7de9bf479a313d16f GalNet: Corporate Split between Mastopolos and Torval]</ref> | |||
01 OCT 3307 | 01 OCT 3307 | ||
*[[Senator]] [[Zemina Torval]] has relinquished her long-held position as [[Mastopolos Mining]]'s majority shareholder. Official reports confirmed that the board of directors passed a resolution to remove Zemina Torval from their number. Over half of her shares were then sold, thereby drastically reducing her personal influence on the corporation. An anonymous insider gave a statement to The [[Imperial Herald]]: "[[Gabriella Mastopolos]] made it crystal clear to the other shareholders that it was time to topple Zemina Torval from her perch. But what surprised them was Torval's lack of resistance to this pressure... almost as if she had been planning to step down all along. I've heard that every [[Credits|credit]] made by selling the shares went straight into the subsidiary that her daughter is running. So maybe all her eggs are going into that basket?" In related news [[Constantia Torval]], operations director for Torval-Mastopolos Mining, made an announcement: "I am proud to announce that the people of [[LTT 198]] have elected Torval-Mastopolos Mining to replace LTT 198 State Ltd as their controlling authority. [[Permits]] to gain entry to the system can be earned via the Pride of Bitterwood [[megaship]], which remains in the nearby EGM 559 system."<ref>[https://community.elitedangerous.com/galnet/uid/6157152aad8195320435576a GalNet: Torval Loses Control of Mastopolos Mining]</ref> | *[[Senator]] [[Zemina Torval]] has relinquished her long-held position as [[Mastopolos Mining]]'s majority shareholder. Official reports confirmed that the board of directors passed a resolution to remove Zemina Torval from their number. Over half of her shares were then sold, thereby drastically reducing her personal influence on the corporation. An anonymous insider gave a statement to The [[Imperial Herald]]: "[[Gabriella Mastopolos]] made it crystal clear to the other shareholders that it was time to topple Zemina Torval from her perch. But what surprised them was Torval's lack of resistance to this pressure... almost as if she had been planning to step down all along. I've heard that every [[Credits|credit]] made by selling the shares went straight into the subsidiary that her daughter is running. So maybe all her eggs are going into that basket?" In related news [[Constantia Torval]], operations director for Torval-Mastopolos Mining, made an announcement: "I am proud to announce that the people of [[LTT 198]] have elected Torval-Mastopolos Mining to replace LTT 198 State Ltd as their controlling authority. [[Permits]] to gain entry to the system can be earned via the Pride of Bitterwood [[megaship]], which remains in the nearby EGM 559 system."<ref>[https://community.elitedangerous.com/galnet/uid/6157152aad8195320435576a GalNet: Torval Loses Control of Mastopolos Mining]</ref> | ||