Secure:Magrevich Industries

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Financials

Magrevich Industries is beloved by stock analysts. They pay reasonable dividends but plow a lot of profits back into research and development. Their debts are low and their credit rating is very good. MI is a model of good corporate governance and regularly wins awards from auditing firms for having clean, well organized accounts.

Alliances and Rivals

MI is friendly with most First World nations. They boost the Brazilian tax base considerably, and have done a lot of business in the past with the US, Britain and Australia. They have a working relationship with Africa and are trying to strengthen their ties in the Pacific Rim. Probably their best customer is Australia, though this may be endangered with the change of administrations.

MI has established personal connections throughout world governments. They have very effective lobbyists and political action committees at their disposal, both in terms of MI as a company and MI as a member of heavy industrial consortia. They've given money to people in both parties in America, and donate generously to campaigns in the UK and Australia. They work hard for their connections, and that work appears to bear fruit in terms of getting access to markets and labor.

Politically, MI is generally treated neutrally. The Labor party in Australia seems cooler to it than other companies, and is rebidding many lucrative MI contracts to get more local industry involved. MI is working hard to maintain its connections but may lose some important contracts. The industrial policy in China seems to be outright opposed to MI's influence in favor of Green Naga and other Asian firms, and it seems that Green Naga is outcompeting MI in Africa to some extent.

MI has several competitors. Green Naga has dominant market share throughout southeastern Asia, and try as MI might, they can't ever seem to break through their dominance. MI was bidding very hard for the mag-lev corridor and power satellite projects, and has only managed to get small pieces of it compared to Green Naga's massive share. MI is also in competition with Umbrella's military technology division, but has been gaining on them recently in power armor technology.

MI is a good corporate citizen by most accounts. They contribute generously to Vatican causes relating to the restoration of the art and culture damaged or lost during the Maverick occupation. MI donates labor and supplies to humanitarian aid agencies like Red Cross/Red Crescent to help with European refugees, and gives its employees a certain amount of paid leave to work on MI-approved charitable projects around the world like Habitat for Humanity. They haven't broken any major environmental regulations and have a clean accounting record.

However, MI has its share of problems. While it strives to be a good model of corporate governance, someone is always suing them for some reason. There are always disgruntled employees, people who claim they weren't hired for unjust reasons, contractors who claim they got the shaft on some bid or another, and of course crusading lawyers and journalists who accuse the company of ethics violations because of its cozy relationships with politicians around the world. The struggle continues.

MI has not generally engaged in hostile takeovers. Being so dominant, it has usually been able to work from a position of strength. Companies and patents it has acquired have generally been purchased amicably, though MI plays hardball when it gets to the negotiating table. They don't overpay for things, being a company with a philosophy of living well beneath its means, and they always have liquid capital available if something comes along that they want to capitalize on.

History

In the past, MI was apparently selling to the UN through Black SHIELD illegally. MI was commanding much higher prices for components and services than its competitors and went outside of the bidding process to do so. It profited greatly from government waste and corruption during the BS period. A lot of what was being sold was mundane, such as large generators or other subsystems. It doesn't raise many flags until you run the parts list through the filter of things apparently discussed in Harold's closed-door testimony.

Power regulation systems. High-energy generators capable of operating for decades without maintanence. Emitter systems. Pulse-beam regulators. Nothing that by itself seems like a weapon, but if you put your technicians to the task, you see that all of these things were essential part of the KORONA orbital defense system. The UN must have seen this, but they buried the evidence or intentionally misled their investigators to look away from it.

Somebody in MI must have known what was going on, as the tiny technical details seem to attest. Seemingly unrelated parts were made to specifications that would be out of place for a stand-alone product; interlock systems, screw-holes in different places, very slightly varied chassis shapes ... things which nobody who wasn't a technician who specifically worked with /those/ products would see. There is naturally an argument that maybe the UN didn't know what was going on, but yet...

In the end, MI was sanctioned quietly. They paid a large fine into the UN's coffers, which helped the newly formed world government get off the ground. Harold was moderately censured but was never formally charged with any crimes. Today, it's like it never happened -- MI is a respected firm that keeps its nose clean and goes out of its way to appear as legitimate as possible.