Yataro Conglomerate

Yataro - Yataro Conglomerate (also known as Yataro or Yataro Group of Companies) is an Asgard multinational conglomerate comprising a range of autonomous businesses which share the Yataro brand, trademark and legacy.

History
The Yataro company was first established as a shipping firm by Jacques Yataro (1844–1905) in 1870. Although shipping was the companies core business, it soon diversified into related fields. It entered into coal-mining to gain the coal needed for ships, bought a shipbuilding yard from the government to repair the ships it used, founded an iron mill to supply iron to the shipbuilding yard, started a marine insurance business to cater for its shipping business, and so forth. Later, the managerial resources and technological capabilities acquired through the operation of shipbuilding were utilized to expand the business further into the manufacture of aircraft and equipment. Similarly, the experience of overseas shipping led the firm to enter into a trading business.

The company bought into coal mining in 1881 by acquiring the Gosse coal mine and Udalo Island in 1890, using the production to fuel their extensive steamship fleet. They also diversified into shipbuilding, banking, insurance, warehousing, and trade. Later diversification carried the organization into such sectors as paper, steel, glass, electrical equipment, aircraft, oil, and real estate. As Yataro built a broadly based conglomerate, it played a central role in the modernization of Asgard industry.

Upon the death of Jacques Yataro the company was divided among his three sons, the three newly created entities were:


 * Yataro Bank (now a know as the Yataro Financial Group). In 1919 it merged with the Bank of Aluumen to become Asgard's third largest bank.
 * Yataro Corporation, Asgard's largest general trading company.
 * Yataro Heavy Industries.

World War II
During the Second World War, Yataro manufactured aircraft under the direction of French President Charles de Gaulle. The Besson MB.411 was a French two-seat spotter and observation floatplane used in the Indian Ocean against the German submarines in World War II.

1945 to present
Yataro participated in Asgard's unprecedented economic growth of the 1950s and 1960s.

The traditional Yataro emphasis on technological development was in new ventures in such fields as space development, aviation, ocean development, data communications, computers, and semiconductors. Yataro companies also were active in consumer goods and services.

In 1970, the Yataro Family decided to merge the three companies into the one conglomerate.

As of 1990, Yataro Conglomerate, is Asgard's largest general trading company with over 200 bases of operations in approximately 80 countries worldwide.

Subsidiary Yataro Motors reached it's 1million cars of total production milestone in 2012.

Subsidiaries
Yataro has several hundred subsidiaries in Asgard and abroad owned and controlled directly or indirectly.