Holy Roman Empire

The news that the province of Bosnia and Herzegovina was going to establish a strong province of heavy industry immediately caused a sensation in the capital circle.

The layman looks at the lively, the layman looks at the doorway.

Heavy industry has always been a big investment, and it is a long-term investment.It is normal operation for an investment to be paid for several years or more than a decade.

Similarly, once this industry grows bigger, the profits it obtains are much higher.This threshold alone eliminates most competitors. Compared with other industries, there are far fewer competitors in heavy industry companies.

At present, the Austrian economy has just emerged from the crisis and is developing at a high speed. The demand for steel and copper has greatly increased, and it is in short supply.

Theoretically, as long as they are produced, these two products will not worry about selling at all.However, this is only modern, and to join this industry, it will not be fruitful in a day or two.

According to past experience, it takes at least two or three years from the beginning of finding a suitable factory building to the launch of products.

In fact, it takes longer time. Not to mention the internal preparations in advance, such a large investment must organize professional prospecting, comprehensive cost assessment, transportation, and market analysis.

There are not so many professional agencies doing the work in this era, all have to be organized and judged by investors themselves.These are not enough. Even if you invest in bank loans, the cost of the initial investment is at least hundreds of thousands of Aegis.

It can be said that most people were eliminated from the beginning.Do n’t come if you do n’t have money. This industry is a special event for capital predators. The small workshops now have no room for survival.

It's impossible to empty a white wolf. Banks are all privately owned. A family is more strict than a family. There is no collateral. No one wants to lend huge amounts of money.

In this era, heavy industry investment has long climbed to millions of Aegis, even if it is spent tens of millions of Aegis.

The most valuable thing is not the mechanical equipment, but the mine that produces raw materials.There is no shortage of cheap mines in Austria, but since it is cheaper, it means that the difficulty of mining has increased greatly, or that it is a poor mine with certain mining value.

Experienced practitioners know that this is not cheap to pick up.If the production cost cannot be controlled, it will be cool once it encounters an economic crisis.

As for the separate operation of mines and smelters, that does not exist. The most popular nowadays are grouping and industrial chaining, which are generally one-stop services from upstream raw material production to downstream product sales.

Industrial segmentation is based on the situation where local raw materials are exhausted and must be purchased from outside.This will greatly increase the cost, capitalists do not like it.

At present, the biggest problem of French industry is to import coal from the outside world, which increases the cost of the industry, which is why Napoleon III stared at the Rhineland region.

The Starbucks Club in Vienna, by looking at the name, knew that this was Franz's bad taste, and all well-known enterprises in his memory were mostly brought out in advance.

Of course many of them may have changed. If the time has passed too long, there will be mistakes in the memory.Sometimes the ambiguous memories of companies with the same name have very different business scopes.

Michelin can become an ice cream brand, Country Garden can become a park, there are many names of companies that have been broken, and if there are traversers, they will definitely be fooled.

These changes are doomed to no one know, several middle-aged faces in the box are playing bowling while chatting.

A middle-aged man threw the ball in his hand and asked with a smile: "Tor, are you really going to invest in heavy industry in the province of Bosnia and Herzegovina?"

Thor smiled slightly and said, "Wholesale, Wells, your technology has improved again."

Stepped forward, threw the ball out of his hand, sighed, and added:

"Yes, I have plans in this regard. At present, most domestic industries are saturated, and emerging industries seem to have a lot of money, but we can't play around.

The advantages of the Austrian New Energy Power Company are too great. Even if we join in now, we can only eat with them.

It has been unreliable to do the financial industry all the time. The investment is too concentrated and the ability to resist risks is too low.Although heavy industry has a large initial investment, its development potential is also great.

Compared to emerging industries, these technologies have matured.As you know, I still have a semi-dead steel plant in my hands, and entering this industry is not completely without foundation."

Several of the people present were shareholders of the Austrian Savings Bank, as well as the behind-the-scenes bosses of many securities companies, and even completed the excessive status and won the noble title.

However, these big men also have a sense of crisis. With the standardization of the financial order, the risk of manipulating the stock market is also increasing.

As a member of the emerging nobles, they also cherish feathers.No one hoped that after all the hardships and untold hardships, he would enter the upper class, and he would soon be defeated.

To know that this kind of life-long aristocracy, there is also another call to do: quasi-nobility, or the nobility during the inspection period.

Usually at this stage, the old nobles will look at them with a magnifying glass.Once something is wrong, it is easy to be knocked down.

The noble title of Austria is not cheap. It is necessary to smash the noble title with money. If you are lucky, maybe tens of thousands of aegis are enough. If you are unlucky, you can hit a few million aegis.

The military knighthood system is full of discrimination against their kryptonite players.Teams go to the colonies to brush military power, and the people below will also be divided, but not all will fall on the boss behind the scenes.

If the title of nobility is brushed in China, the difficulty will be even greater.Only by making a significant contribution to society and obtaining the recognition of Franz can it be possible to obtain a knighthood.

Franz has succeeded in this for many years, and the two capitalists have completed this feat, but because of technological inventions, there are more than twenty scientists who have won the title of nobility.

Wells shook his head and said, "Tor, you are too optimistic. I think salt mining in the province of Bosnia and Herzegovina is more profitable than heavy industry, and at least it is faster.

The leader of heavy industry is the Austrian Iron and Steel Group. This state-owned enterprise has too many advantages and monopolizes nearly half of domestic steel production.

It is too difficult to defeat them, but it is not as good as other industries.Even the newly emerging Austrian new energy power company does not have such a big advantage."

Thor threw out the bowling ball again and said, "It seems that it is difficult for us to convince each other.

The Austrian New Energy Power Company relies on a win-win cooperation model, siege the city on the European continent, even in Britain and France they have a large market share.

Although this share is potential, but they have established a system, most power companies have become their strategic partners, as long as no accidents will become a reality.

Once copper production increases, the cost of power equipment decreases, and most of Europe's power supply will be monopolized by this alliance. I don't think your power company can break through.

On the contrary, the Austrian Iron and Steel Group is good at dealing with them. They are state-owned enterprises and will not kill us apart from normal commercial competition.

No direct conflict will occur until the relationship between supply and demand changes.Such a long time is enough for us to grow and develop."

This is a fact. The monopoly established by the Austrian New Energy Power Company is mainly a standard system, which sells equipment by the way.

Among the subsidiaries established in various places, Austrian New Energy Power Company does not have a dominant position, most of the shares are divided, and in some areas it is simply technology shares.

This is the advantage of mastering the core technology. Even if it is not a major shareholder, the right to speak in the company is not low, and there is no need to worry about being excluded.

As a latecomer, it is very difficult to break this monopoly.The biggest problem is that they have no core technology and cannot break through patent barriers.

No one knows when they can come up with another system.The market does not wait for people. Once the standard is popularized, it is difficult to intervene.

Can't we take apart the installed power supply network and replace them with their new technology standards?This is not a question of whether it will work, but why everyone should change it.

Without sufficient benefits, who will abandon the mature equipment and replace it with new electrical equipment that has not passed the inspection.

Unless they can come up with a new technology system before the technology is popularized, and apply it in practice, they will have the ability to compete.

Wells waved his hand, revealing an innocent expression, and said, "Well, I gave up convincing you. But, my friend. Who told you that I want to compete with them?"

I invested in the power company, but the gap between the two sides is too great. If we want to jump into the pit of the power supply system, then it can only become a cannon fodder.

According to the engineers, let alone bypassing patent barriers, even if there are no patent restrictions, it is impossible to copy their technology in three or five years.

This is a complete technical system, but it is not just a technology, it is not enough without any link.Otherwise, the British and French will not buy patent licenses, but start all over again.

The power company I invested in developed electric power in the industry and used electrical machinery to replace the steam engines on the market. The two parties were not competitors at all."

In theory, these technologies have unlimited potential, but the capital required is not a small number.Wells wanted to convince Thor that it was actually a financial issue.

It ’s not that he has no money, mainly because the research and development of new technologies is full of uncertainty and needs to find someone to share the risks.

Judging from the current market situation, the life span of this new technology company is the shortest, and it is the main force to reduce the average life span of Austrian companies.

In contrast, traditional enterprises have much stronger vitality. It is normal to survive for two or three decades, and there are not a few hundred-year-old enterprises.

After all, traditional industries are assets, and they can be sold if they change hands.Many companies change ownership many times and still survive.

In contrast, the high-tech innovation industry is different.If you develop new technology with good luck, then the company has value; if you are unlucky, you have nothing to do. Such a company is completely worthless.

The unproductive companies do not live long, and investors have limited patience, and no one waits for them to grind a sword for ten years.

The shortest technology company has only a few months of life.If a competitor develops a certain technology first, they will be abandoned by investors who think it has no potential.

The capital market is so cruel.

It is not surprising that capitalists are not willing to invest in new high-tech enterprises.Not only is the risk high, but even the achievements made are not necessarily of commercial value.

As a result, most scientific and technological inventions and innovations in the 19th century were driven by individuals.After the achievements were made, capital rushed forward to promote the technological revolution.

If it were not for the emergence of the Austrian New Energy Power Company, a city that never sleeps was built in Vienna, so that everyone can see the importance of electricity, and the power industry will not be popular with capital.

Even so, capitalists are also looking for ways to reduce risk.This is why the strategic expansion of the Austrian New Energy Power Company has been so smooth.

This is a dispute between investment ideas, there is no right or wrong, only fit or not.

Without entering the light industry, it is enough to prove the vision of the two.Of course, the economic crisis that has just ended should also be an important factor.

Capital does not avoid risks, but capitalists have the instinct to avoid risks.In an industry where overcapacity has occurred, everyone knows it is a sunset industry.

It is not easy for the sunset industry to survive, and it is obviously impossible to obtain huge profits.

It was embarrassing to see the scene. Lawrence Lovsky, who was with him, changed the subject and said: "It's almost 12 o'clock. We should have lunch. I think the beef in the restaurant next door is good. Would you like to try it?"

Thor laughed: "I like their test goose better, what about you?"

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