Crown Resource Group: Difference between revisions

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| logo = [[File:Crg.png|250px]]
| logo = [[File:Crg.png|250px]]
| native_name  = Crown Resource Group PCA
| native_name  = Crown Resource Group PCA
| type = {{Public Central Access Corporation|Public Central Access Corporation}}
| type = [[Public Central Access Corporation]]
| industry = {{Conglomerate|Conglomerate}}
| industry = {{wp|Conglomerate}}
| predecessor = Clayt & Deseraine Corporation
| predecessor = Clayt & Deseraine Corporation
| founded = {{Start date and age|1971|09|10}}
| founded = {{Start date and age|1971|09|10}}

Revision as of 03:47, 15 January 2021

Crown Resource Group
Native name
Crown Resource Group PCA
Public Central Access Corporation
IndustryConglomerate
PredecessorClayt & Deseraine Corporation
FoundedSeptember 10, 1971; 53 years ago (1971-09-10)
Headquarters,
Area served
Ostania
Norven Union
Key people
Peroj Derrek, CEO
Number of employees
432,000
DivisionsCRG Corp.
Claytgas
Kyorj Oil
Basherr Horizon Petro
Northern Shipping
Deseraine Bank
Stalcia Airlines
Websitecrg.os

Crown Resource Group PCA (SCSE: CRG), commonly known as the CRG, is a Ostanian conglomerate headquarted and incorporated in Ostania. It is, and has been, the largest company in the world since 1978. It is notorious for it's near monopoly in the Ostanian resource industry, with most of it's competitors dwarfed by the company's sheer size.

The CRG is involved with the production and extraction of a wide range of materials and goods. It's most profitable arms are in the Metals and Mining and Oil and Gas industries, making up 29 and 41 percent of the company's revenues respectively. Despite it's huge oil production, the CRG is only the second largest oil company in Ostania, after Lezzat Petro (SCSE:LZT), one of it's main competitors.

Making up the remaining 30% of the company's profits is mostly the commodity trade, however there are large Construction and Chemical sectors under the CRG name as well.

The CRG was formed after a merger between Clayt & Deseraine and a coalition of resource companies including Pery Balret Steel, Noval Co., and the Mining Bank subsidary of Doranny Bank (SCSE:DNY). The newly merged company was renamed the Crown Resource Group and relocated to Deseraine. Despite the official merger, the deal is considered a takeover by Clayt & Deseraine, and the CRG is considered a direct predecessor of Clayt & Deseraine.

The CRG is primarily listed on the Sgadta City Stock Exchange (SCSE). It's largest shareholder is the Crown Investment Agency with a 18.3% share, followed by Clayt Enterprises with 16.2%.