Marlberg AB: Difference between revisions

From TEPwiki, Urth's Encyclopedia
Jump to navigation Jump to search
Content added Content deleted
No edit summary
Line 46: Line 46:
Oskar Marlberg was born to a whaling family in Brekkim and began a naval career in 1900 at age 18. By the outset of the Great War he had become an officer in the Fleet Logistics Section. This unit would experience large expansions during the conflict as the Kingdom became a source and transit hub for industrial goods, raw material, and military manpower throughout the north Cerenarian region. As an already established professional within the Section, Marlberg enjoyed a meteoric rise through its ranks over the years long war, particularly as the unit was considered to be largely unglamorous and was often avoided by better-connected military and aristocratic families. By the end of the war however, the FLS faced the prospect of peacetime force reductions and Marlberg himself was among those dismissed.
Oskar Marlberg was born to a whaling family in Brekkim and began a naval career in 1900 at age 18. By the outset of the Great War he had become an officer in the Fleet Logistics Section. This unit would experience large expansions during the conflict as the Kingdom became a source and transit hub for industrial goods, raw material, and military manpower throughout the north Cerenarian region. As an already established professional within the Section, Marlberg enjoyed a meteoric rise through its ranks over the years long war, particularly as the unit was considered to be largely unglamorous and was often avoided by better-connected military and aristocratic families. By the end of the war however, the FLS faced the prospect of peacetime force reductions and Marlberg himself was among those dismissed.


Sensing an opportunity in the large numbers of decommissioned vessels, Marlberg used his contacts within the FLS to arrange for his own family's business to purchase ships cheaply and before potential competitors in what historians have called "One of the most brazen acts of corruption in Cryrian military history."
Sensing an opportunity in the large numbers of decommissioned vessels, Marlberg used his contacts within the FLS to arrange for his own family's business to purchase ships cheaply and before potential competitors in what historians have called "One of the most brazen acts of profiteering in Cryrian military history."

Marlberg's ability to acquire both resources and skilled former FLS personnel allowed him to quickly develop his newly established Marlberg AB as a provider of freight services even in spite of the difficult economic circumstances at the time, particularly as oceangoing freight remained vital to the Cryrian economy and its ability to move goods within the Kingdom itself.

Marlberg continued to head the company until 1972, by which point it had grown into one of the largest shipping conglomerates in the world and was rapidly expanding into adjacent sectors.

Revision as of 00:53, 3 October 2022

Marlberg AB
TypeAktiebolag
Leidenstad Stock Exchange: MRB
IndustryContainer shipping and terminals, logistics and freight forwarding, ferry and tanker transport, drilling rigs, oil and gas exploration and drilling, shipyards and shipbuilding, store retail
Founded1918
FoundersOskar Marlberg
Headquarters
Leidenstad
,
Area served
Worldwide
Key people
  • Aimée Sjögren (Group CEO)
  • Leo Ericsson (Group Vice CEO)
Revenue84.3 billion SHD (2021)
24 billion SHD (2021)
18 billion SHD (2021)
Total assets76.7 billion SHD (2021)
Total equity47.3 billion SHD (2021)
Number of employees
85,850 (2021)
Subsidiaries900+

Marlberg Aktiebolag, more commonly known as Marlberg AB, is a Cryrian company active in freight transportation, supply chain management, shipbuilding, and port construction and operations. It is among the largest shipping companies in the world and one of the largest companies generally within Cryria, with offices and tens of thousands of employees across Urth. The company is headquartered in Leidenstad.

It is a publicly traded family business, with the namesake Marlberg family controlling 70% of its shares through holding companies that make up the Marlberg Egendom. The company is traded on the Leidenstad Stock Exchange.

History

Oskar Marlberg was born to a whaling family in Brekkim and began a naval career in 1900 at age 18. By the outset of the Great War he had become an officer in the Fleet Logistics Section. This unit would experience large expansions during the conflict as the Kingdom became a source and transit hub for industrial goods, raw material, and military manpower throughout the north Cerenarian region. As an already established professional within the Section, Marlberg enjoyed a meteoric rise through its ranks over the years long war, particularly as the unit was considered to be largely unglamorous and was often avoided by better-connected military and aristocratic families. By the end of the war however, the FLS faced the prospect of peacetime force reductions and Marlberg himself was among those dismissed.

Sensing an opportunity in the large numbers of decommissioned vessels, Marlberg used his contacts within the FLS to arrange for his own family's business to purchase ships cheaply and before potential competitors in what historians have called "One of the most brazen acts of profiteering in Cryrian military history."

Marlberg's ability to acquire both resources and skilled former FLS personnel allowed him to quickly develop his newly established Marlberg AB as a provider of freight services even in spite of the difficult economic circumstances at the time, particularly as oceangoing freight remained vital to the Cryrian economy and its ability to move goods within the Kingdom itself.

Marlberg continued to head the company until 1972, by which point it had grown into one of the largest shipping conglomerates in the world and was rapidly expanding into adjacent sectors.