Vendaz

Vendaz plc

Type	Public limited company
Industry	Steel Mining
Founded	1993 (Fort Ejard)
Headquarters	Sani Bursil, Staynes
Key people	Alexander Petrikon (Chairman) John Hardeen (CEO)
Products	Steel Steel products Iron ore Coal
Revenue	♅8,623 million (2015)
Operating income	♅(25) million (2015)
Net income	♅(723) million (2015)
Owner	Jeremy Hill 46.1%
Number of employees	105,669 (2016)

Vendaz plc is a multinational vertically integrated steel making and mining company headquartered in Sani Bursil, Staynes. It has operations mainly in Joralesia and Spoontuis, but also in Fortuna, Ziseshouwei, Staynes, South Staynes, Caltharus, Justelvard, Vothetria and the Oan Isles. The company employs about 105,700 people.

History

The company was founded as a small metal trading business in 1993 with their headquarters located in Fort Ejard for just over a decade until it relocated to Sani Bursil in late 2003.

Operations

Vendaz is a vertically integrated holding with high self-sufficiency in iron ore and excess coking coal production, which enables the company to be one of the largest participants on the domestic coking coal market through its affiliates. Vendaz also controls some metal trading and logistic assets. The business structure is as follows:

Steel

• Mickedon Iron and Steel Plant - in Mickedon, Staynish Joralesia; major steel producer.
• Jalidaz Iron and Steel Plant - in Jalidaz, Staynish Joralesia; major steel producer; leading in railway steel.
• Fedon Iron and Steel Plant - in Fedon, Spoontuis; biggest steel producer.

Coal

• coking coal mining with four mines and two open pits in Baronburg, Fortuna. Verdaz owns 82% of the shares whilst 18% goes to Fortuna..

• coking coal mining with 8 mines and 5 open pits in Burghun, Spoontuis. Vendaz owns 81% of the shares whilst 19% goes to Spoontuis.