RandCorp: Difference between revisions
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The '''Rand Industry Group''', popularly referred to as '''RandCorp''', is a [[Liberto-Ancapistan|Liberto-Ancapistanian]] multinational industrial conglomerate headquartered in [[Compacipo]]. As of 2026, the company is the largest non-governmental privately company by revenue (totalling [[Rova (currency)|UFR]]374.5 billion in 2025), and the largest company in Liberto-Ancapistan by revenue and market capitalisation. A | The '''Rand Industry Group''', popularly referred to as '''RandCorp''', is a [[Liberto-Ancapistan|Liberto-Ancapistanian]] multinational industrial conglomerate headquartered in [[Compacipo]]. As of 2026, the company is the largest non-governmental privately held company by revenue (totalling [[Rova (currency)|UFR]]374.5 billion in 2025), and the largest company in Liberto-Ancapistan by revenue and market capitalisation. A special limited company, RandCorp has been controlled since its foundation by the [[Rand family]], which holds 75% of the company through the [[Rand Holdings Trust]]; the Liberto-Ancapistanian government controls the remaining 25%. It is a major competitor in a large number of industries, including oil and gas extraction, textile and industrial manufacturing, mining, construction, and electronics. | ||
RandCorp was founded in 1846 as the '''Rand Textiles Company''' by the industrialist [[Hector Rand]], who aimed to produce and export cotton goods on an industrial scale in the new [[Confederation of Ancapistan]] for the first time. Over the following decades, the company saw commercial success, and diversified, becoming the largest private company in Ancapistan during and following the [[Industrial revolution in Basaquastan|industrialisation of Basaquastan]]. In the 1910s, it became the largest company in [[Basaquastan]], and expanded to become a globally important industrial conglomerate during the [[Great Leap (Liberto-Ancapistan)|Great Leap]], a period of major economic growth in Liberto-Ancapistan from 1955 to the early 1970s. | RandCorp was founded in 1846 as the '''Rand Textiles Company''' by the industrialist [[Hector Rand]], who aimed to produce and export cotton goods on an industrial scale in the new [[Confederation of Ancapistan]] for the first time. Over the following decades, the company saw commercial success, and diversified, becoming the largest private company in Ancapistan during and following the [[Industrial revolution in Basaquastan|industrialisation of Basaquastan]]. In the 1910s, it became the largest company in [[Basaquastan]], and expanded to become a globally important industrial conglomerate during the [[Great Leap (Liberto-Ancapistan)|Great Leap]], a period of major economic growth in Liberto-Ancapistan from 1955 to the early 1970s. | ||
Latest revision as of 11:37, 4 February 2023
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Native name | Koma Industrale Rand |
|---|---|
| Special limited company | |
| Industry | Conglomerate |
| Founded | 1846 in Benderand, Confederation of Ancapistan. |
| Founder | Hector Rand |
| Headquarters | Compacipo, |
Key people | Harrison Rand (CEO) |
| Revenue | UFR374.5 billion (2025) |
Number of employees | 852,000 (2025) |
The Rand Industry Group, popularly referred to as RandCorp, is a Liberto-Ancapistanian multinational industrial conglomerate headquartered in Compacipo. As of 2026, the company is the largest non-governmental privately held company by revenue (totalling UFR374.5 billion in 2025), and the largest company in Liberto-Ancapistan by revenue and market capitalisation. A special limited company, RandCorp has been controlled since its foundation by the Rand family, which holds 75% of the company through the Rand Holdings Trust; the Liberto-Ancapistanian government controls the remaining 25%. It is a major competitor in a large number of industries, including oil and gas extraction, textile and industrial manufacturing, mining, construction, and electronics.
RandCorp was founded in 1846 as the Rand Textiles Company by the industrialist Hector Rand, who aimed to produce and export cotton goods on an industrial scale in the new Confederation of Ancapistan for the first time. Over the following decades, the company saw commercial success, and diversified, becoming the largest private company in Ancapistan during and following the industrialisation of Basaquastan. In the 1910s, it became the largest company in Basaquastan, and expanded to become a globally important industrial conglomerate during the Great Leap, a period of major economic growth in Liberto-Ancapistan from 1955 to the early 1970s.
In 1961, the company signed the Nayadel Agreement with Liberto-Ancapistanian chancellor Alexandre Delon, allowing it to construct the planned city of Compacipo and retain its existing monopolies in exchange for certain commercial concessions and regulations, as well as its reorganisation into the partially state-owned Rand Industry Group. Since the agreement, RandCorp has continued to expand, and has held significant political influence in Liberto-Ancapistan, reaching its height from 1994-2000 with the chancellorship of Rand family patriarch Henry Rand.
The company has received criticism regarding its labour practices, environmental practices, business ethnics, anti-competitive practices, and political influence. In 2024, protests resulted in the repeal of the Nayadel Agreement and the end of formal RandCorp political privileges in the Compacipo Autonomous Region, though most provisions of the agreement not related to its relationship with Compacipo were subsequently re-incorporated into Liberto-Ancapistanian law.