ESB-Jörmungandr Group

The ESB-Jörmungandr Group (also known as the Honourable Company), established in the year 1668 under Raspurid law, was formed from Gainshare Capital Holdings after it had acquired control of the titular holdings of the organisation's eponymous Shirerithian predecessor with the effect of reconstituting the entire group as a Euran registered company and relegating the former parent entity to the status of a regional branch - carrying on legacy business relations with the Benacian Customs Union in the wake of the Modanese Emigration. The lineage of the corporation can be traced back to the merger of the Einhorn–Silverman–Bochs Group and Jörmungandr A/S in the aftermath of the reunification of Elwynn with Shireroth. The group is considered to be a near-peer to the Iron Company and the Octavian Import-Export Corporation in terms of diversity of asset portfolio and global reach. It has however suffered from a significant liquidity crisis following on from the debilitating cost of a succession of conflicts as well as the opacity of the spate of credit swaps which cemented control of the group's Board of Directors in the hands of the Constancian oligarchy controlled by Primo de Aguilar.

Organisation

Headquarters

Following an extraordinary general meeting, held in Teldrin on 22.IV.1668 and at Aqaba on 2.V.1668 AN, the Board of Directors, confronted by the enormity of the Modanese Emigration, voted to relocate the corporate headquarters of the group to the city port which had served as the national-redoubt of Constancia during the calamitous days of the Second Euran War following the evacuation and destruction of Vey.

A majority of the Board of Directors voted in favour of a resolution to begin construction of a new administrative complex and cantonment at Aqaba, tentatively named the Ziggurat, with design specifications similar to the Teldrin Sanitorium included in the aforesaid complex.