Chamber of Commerce || Monserans

[Serenierre]

THE CHAMBER OF COMMERCE
City Government of Monserans​

The Chamber of Commerce at Monserans is the premier organisation of businesses operating in the Republique Serazinist de Serenierre. Established in 1876, the Chamber of Commerce has been at the forefront of the Serenien economy since its establishment. Successive Serenien governments, both, Royalist and Serazinist have worked closely with the organisation to help the Serenien economy grow.

Ever since the establishment of state capitalism under the auspices of the Marxist-Serazinist ideology, the Chamber of Commerce has worked to enhance the role of enterprise and businesses across the country. The Chamber of Commerce is a valuable venue wherein all sorts of Serenien companies cooperate and focus on the task of raising Serenien economic standards.

Under Directive 24 (Companies Regulation) of 1937 , there are three types of companies in existence in Serenierre. First, there are state owned enterprises; second, there are state capitalist enterprises, and third, there are private companies. The distinction between these three forms of companies is an essential aspect of Serenien business law.

1. State owned companies
By their title, it is clear to see that state owned companies (SO) are owned entirely by the Government and are usually found in the traditional sectors, such as mining and heavy industry. The state owned entities are primarily designed to tackle large scale operations for which only the State has the resources to manage the risk. These companies form 5% of all business entities in the country. Under current policies, 10% of its shares are allowed to be traded publicly on the stock exchange.

2. State capitalist companies
The unique creation of Serenien law, a state capitalist company (SCL) are established by individual commissariats in the Government. Each ministerial commissariat is encouraged to operate a lucrative portfolio of such companies. In practice, the commissariat which establishes such a company becomes the 60% shareowner and the remainder shares are floated on the openmarket. Unlike state-owned companies, SCL's are highly competitive and are driven to raise profits for its shareholders. As the ministerial commissariats are majority stakeholders, their stake of the profit is deposited into the accounts of the Government -- which uses the finances to invest in the welfare system.

The remainder 40% of the stocks in such companies are often owned by the staff and the corporate culture in such companies is worker oriented. However, unlike state owned companies, SCL companies cannot rely on the Government to bail them out if the situation turns dire for them. The SLC model dominates much of the secondary sector of the economy and is noted for its increased competitive and modernised approach. Often, many worker driven innovations have resulted in many profitable ventures and the SLC model is recognized as a hallmark of the Serenien economic model.

3. Private companies
These are owned by private citizens and may be listed on the stock market or be held privately. These companies are similar to those found in other economies and are dominant in the tertiary sector of the economy and by far are the largest type of company in Serenierre. Many renowned fashion houses, publishing companies, and holdings companies are established under this model. Despite the lack of a connection to the Government, these companies are well protected from any unfair practice by the Competition Commission which is an important regulator preventing state monopoly.

4. Important authorities
The Competition Commission -- Responsible for ensuring no abuses of market or dominant positions occur, specifically with respect to overreach by state capitalist or state owned companies against private or foreign entities operating in Serenierre.
The State Bank of Serenierre -- The central bank of the country which established macroeconomic policy
The Mercantile and Commercial Court-- The primary adjudication forum for businesses of all sorts. This Council has two tiers and is the preferred venue for dispute resolution.

 

[Serenierre]

Companies of Interest
​

• PRIMARY SECTOR
  • National Mining Corp., SO ---
  • Montaigne Agricole SCL ---

• SECONDARY SECTOR
  • Defense industry
    • Verteuil Aeronautics
    • A&O Heavy Industries
    • Thasisse Systems
    • Industries Généraux au Coubron
    • Consortium National des Industries de Défense (state owned)
      • Lourleau Chemical Research Institute
      • Anihiac Heavy Industries
      • Tonnerre Shipworks and Engineering Corporation
      • Mauzens Corporation
      • Vitrac
      • SG Electronics
    • Roufignac Group Ltd.
    • Capredot Industries
    • Meyral Electronics
    • Poseidon Heavy Shipworks
    • Thénac Corporation
    • DET Cyber Securities
    • Salembre Ltd.

Ardeche Shipping Corp., SO ---
Bettancourt Chemicals ---

TERTIARY SECTOR
Orliac & Bonheur --- This is a privately held holdings company owned by the Orliac family. The company is headquartered in Monserans and has almost thirty subsidiaries directly under it. The company owns the Banque de Bolignac and the Banque de Vaumont. The group oversees its subsidiaries in the automobiles, shipping, entertainment, and electronics market. Its subsidiary, Bonheur Cinema Ltd., is the largest film company in Serenierre.

DET Cyber Securities --- This small company has emerged as one of the leaders in cyber security and data protection systems. The company was at the forefront of developing the Serenien Government's cyber infrastructure to fend off hackings, attacks, and other such activities. The company is also heavily involved in maintaining the security of Serenien banks.

Leonidas --- The legendary fashion house, a true leader of Serenien haute couture and ready to wear clothes, cosmetics, perfumes, fine jewelry, watches, and wine. The company remains in the ownership of its founder's descendants.

 

[Serenierre]

Financial Services and Consulting

Professional services

Telecommunications

Media

 

[Serenierre]

Medical tourism is a well established sector in the Serenien economy. As a result of successive government policies which invested heavily in social welfare schemes and medical science, the field of medical science in general and the standard of healthcare in Serenierre is considered to be among the best in the world. The Government has historically used profits derived from its state capitalist ventures to finance social welfare projects such as the medical sector.

Some industry leaders are:

1. Hopital de St. Agathe -- Established in 1321, it is now a Grade A facility for tertiary healthcare
2. University of Villesen, Mazarin Institute of Medical Research
3. University of Monserans, Centre de Recherche Médicale
4. Hôpitaux de Roi Nicolas III --- Established in 1676, the hospital trust provides health care, teaching, research, prevention, education and emergency medical service in 52 branches of medicine across many cities.
5. Hopital de St. Bernard --- Specialist institute focused on experimental medicine and rare diseases. This hospital is closely linked to the medical research institutes of the country.
6. Hopital de Sérazin --- Largest hospital in the country.
7. University of Ardeche, Centre de Contrôle des Maladies --- specialist institution on infectious diseases
8. Hôtel de Rochecourt --- Hospital society run by the Catholic Church of Serenierre, established in 1564, the Order de St. Auguste maintains the affairs of this society.

On account of the heavy investment in the medical sector, treatment options are cheap and many opportunities are available for foreigners to make use of the well established Serenien healthcare industry.

The Serenien Government has always maintained a policy of neutrality when it comes to medical tourists and has continued to grant medical visas to nationals from politically opposing nations.

The pharmaceutical industry is a a major presence in the country, with over 105,000 people directly employed in the sector and contributing vastly to the domestic economy and the international pharmaceutical industry. The Commissariat for Health has reported that there are 36,000 small and medium companies in the sector, as the Serenien state has discouraged the formation of monopolies in this critical sector.

Within research and development, the Universities of Monserans and Villesen are very active as well as other organisations, such as the MédiNat Corporation, which is a state capitalist entity. Several thousand patents owned by the Government of Serenierre as a result of state funded pharma research are licensed for free on the condition that the final price per dose is within a set criteria. When exported, Serenien medication is sold at a much higher rate than that available locally, however, the prices are much lower than other countries due to the support provided by the Government.

Medical education in Serenierre is imparted by world class institutions of learning. In addition to national students, the Government encourages foreign students to study in Serenierre and for exchanges between medical students and faculty across the world.

The following institutions have the greatest international standing:

1. University of Villesen, Department of Health
2. University of Monserans, Department of Medicine
3. National College of Cardiovascular Health
4. University of Villemarne, Institute for Pediatric Care
5. Institut des Sciences Chirurgicales -- (surgery)
6. L'école de Infirmiers -- (nursing)