10 AUG 3307
A new independent branch of Mastopolos Mining has been established by its controlling shareholder, Senator Zemina Torval.
The megacorp is owned by the powerful Mastopolos family, and operates throughout the Empire and beyond. However, Torval’s position as a majority shareholder has allowed her to exert a strong influence on its activities.
Senator Torval confirmed her plans in a statement to The Imperial Herald:
“Diversification is an effective strategy in the current business climate. Torval-Mastopolos Mining will have corporate autonomy, while offering the same mining and transportation services to an emergent client base.”
Marlon Royce, business analyst for Vox Galactica, reported:
“The persistent rumours of a rift between Zemina Torval and her cousin, CEO Gabriella Mastopolos, may now be validated. Insiders report that after decades of working behind the scenes, Torval wishes to provide a more tangible legacy for her own children. Already she has set her sights on a permit-controlled system as the headquarters for this new company.”
As well as being renowned for her private wealth and corporate enterprises, Zemina Torval has been a prominent member of the Imperial Senate for decades. She has occasionally deputised as chancellor, and is known to be an outspoken champion of the Empire’s traditions.