Seit dem hat die Supreme Group, analog der Ausweitung der Kriege, stark expandiert, auch international. [email protected] Tel: +971506259940, Saifur Rahman A strong commitment to ethics and integrity isn’t just the right way to do business; For example, more families than ever now own cars. International corporations have begun making large investments in the region. “Our mantra is to provide the same quality of service in Rwanda or Somalia as we do for restaurant chains in Germany,” Orenstein, 49, said in a phone interview from his office in Dubai. Enterprise value is defined as market capitalization plus total debt minus cash. For all the danger, Supreme’s business is a profitable one when the world’s at war. SUPREME FOODSERVICE, GMBH, HAJI OBAIDULLAH SADE KHAIL, SUPREME GROUP USA LLC, SOREN BORUP NORGAARD, STEPHEN C. ORENSTEIN and SADER AL KHAIL GENERAL TRADING, LLC: Plaintiff / Appellant: UNITED STATES EX. (klau, ). Electricity and running water now reaches very remote areas previously without these basic services. The billionaire said he started looking for opportunities on other continents in the early 1990s, after the fall of the Berlin Wall and the outbreak of the Gulf War in Iraq spurred the Pentagon to reduce the number of U.S. soldiers based in Europe. What is Driving the Future of Connected Living in the GCC? However, it allowed for the barring of Supreme’s principal owners, Stephen Orenstein and Michael Gans, from any dealings with future U.S. government contracts for five years. Investments in small business development at the provincial level have grown local economies, transforming once remote rural villages into prospering urban areas. For Supreme Group BV, it’s the cost of doing business. “We took a developed world standard and brought it to the developing world.”. According to Supreme’s chief financial officer, Mike Thorne, more than 90 percent of the company’s revenue is derived from its Afghanistan operations. The perilous business, where contractors dodge bullets fired by the Taliban and explosives set by insurgents, has made the company’s majority owner, Stephen Orenstein, a billionaire. For Supreme Group BV, it’s the cost of doing business. To Read the Full Story Supreme Foundation donated text books, tables, chairs, white boards, notice boards and stationery school kits to the Center, as well as teacher supplies such as encyclopedias, multi-lingual story books and art materials. Create a free website or blog at WordPress.com. DLA currently has two distribution centers, one in Kabul in the north of the country and a second one in Helmand province in the south. Click the Edit link to make changes to this page or add… This is an example of a page. Our culture of ethics and integrity has been a constant throughout. In May 2013, New Gobi Supreme was awarded a contract for the provision of food supply and camp services to employees in a construction camp in the South Gobi Desert. This is a new dawn in Afghanistan” said Keynote Speaker U.S. Secretary of Transportation Ray LaHood when speaking about U.S. plans to reduce the number of troops in Afghanistan to 10,000 U.S. soldiers by 2014. “That’s a fairly large profit margin when it comes to federal government contracts,” said Amey. According to Michelle McCaskill, a spokeswoman for the Defense Logistics Agency, which awards and manages defense contracts, the Pentagon has spent at least $24 billion on food, fuel and other supplies in support of the war since January 2002. Infrastructure improvements to the roads and transportation systems mean that local farmers are able to send their fruits and vegetables into urban markets to make money for their families. A liquidity discount of 25 percent is applied to account for the company’s operations in high-risk areas and uncertain business prospects. Noorullah Delawari, governor of Central Bank of Afghanistan says that strides made in Afghanistan’s historically corruption-riddled banking and investment sector. The audit disclosed that DLA personnel overseeing the Supreme contracts failed to prevent overpayments and potentially incorrect charges. Safi Airways is now the country’s only UN-approved international airline. (klau, ) Modified on 3/28/2019 (Unseal per Order dated 3/28/19 ). Supreme has appealed the agency’s recouping efforts with the U.S. Armed Services Board of Contract Appeals, and the case is scheduled to be heard in April 2014. 23 July 2013, Kabul, Afghanistan: Stephen Orenstein stated that Supreme Foundation, a registered charitable trust established by the global supply chain solutions provider Supreme Group, has made a donation of essential classroom supplies and textbooks for students at the Karwan Elm Educational Center in Kabul. The centers have allowed service members to eat food they would find in any school cafeteria or restaurant, Faso said. Stephen Orenstein , 50, made his fortune in more hostile environs. It is the third school since April 2013 to benefit from the Foundation’s ongoing education program, which provides support to disadvantaged students in Afghanistan. 23 July 2013, Kabul, Afghanistan: Stephen Orenstein stated that Supreme Foundation, a registered charitable trust established by the global supply chain solutions provider Supreme Group, has made a donation of essential classroom supplies and textbooks for students at the Karwan Elm Educational Center in Kabul. Our business success is dependent upon all employees and agents of Supreme Group maintaining the highest standards of ethical behavior in each business interaction they conduct on Supreme Group’s behalf. Supreme Group, a global leader in the provision of end to end supply chain solutions in challenging environments around the world, has unveiled its first major Corporate Social Responsibility (CSR) report, which describes the company’s ethical, social … We are delighted to have achieved excellent results that have fostered hope and given people better chances in life,” said Stephen Orenstein, Principal, Supreme Group. With the withdrawal of NATO and American troops and the impending loss of a $10 billion food contract with the U.S. military, the company is projecting it will lose more than 75 percent of its sales by the end of 2014. 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Supreme Foodservice GmbH, a logistics company co-owned by billionaire Stephen Orenstein, agreed to pay $434 million to settle criminal and … Afghanistan’s current “donor economy” status means that the local government sustains itself with the assistance of the other countries and private foreign investors. “As a privately-owned company, we do not disclose personal financial data of shareholders,” Victoria Frost, a spokeswoman for Supreme, said in an e-mail. environments around the world, has been awarded a contract by the United Kingdom’s Ministry of Defence (MoD) for the It’s dangerous work. His father, Alfred, was a soldier in the U.S. Navy and Army who settled in Germany following World War II. The Ministry of Communication and IT (MCIT) reports that recently, approximately two million Afghans became connected to the internet, and the World Bank estimates that five million will be connected to the web by 2016.USAID reports that since 2003, the $1.5 billion invested in Afghanistan’s telecom industry has resulted in the addition of over 100,000 jobs to the local markets. This is an example of a page. Supreme Foodservice GmbH, a logistics company co-owned by billionaire Stephen Orenstein, agreed to pay $434 million to settle criminal and … In Part 2 of this article, Mustafa and I look forward to sharing with you how we think Afghanistan can attract new sources of foreign private-sector investment and connect to markets abroad, while generating new resources, markets, and investment opportunities for the entire region.”, Excerpt source: http://www.huffingtonpost.com/anne-stevenson/hope-progress-new-afghanistan_b_2264946.html?utm_hp_ref=world, Stephen Orenstein, Supreme Group Leadership, Stephen Orenstein participates in the Munich Security Conference, Stephen Orenstein “DLA Brings fresh food to troops, jobs to Afghanistan”, creating thousands of jobs for local Afghans, Stephen Orenstein and Supreme Group Sponsor Afghanistan Cricket, http://www.asiancricket.org/index.php/news/april-2010/1714, Stephen Orenstein: Supreme Foundation donates essential classroom supplies and textbooks to Educational Center in Kabul, http://www.supreme-group.net/node/149#sthash.IwMBA8vC.dpuf”, Stephen Orenstein states “Supreme to provide aviation fuel to 96 civilian airports worldwide for the Royal Air Force”, UK MoD Awards Supreme Group Worldwide Fuel Supply Contract, Stephen Orenstein on Supreme Group Providing Meals in Mongolia, Stephen Orenstein stated “Hope, Progress in the New Afghanistan”, http://www.huffingtonpost.com/anne-stevenson/hope-progress-new-afghanistan_b_2264946.html?utm_hp_ref=world. “We’re still a financially sound company, so I don’t view it as a collapse,” Thorne said by phone. Stephen Orenstein , 50, made his fortune in more hostile environs. Orenstein attended boarding school at Kimball Union Academy in Meriden, New Hampshire, before enrolling at Lehigh University in Bethlehem, Pennsylvania. The company’s largest contract — an exclusive deal to distribute food to U.S. military personnel in Afghanistan — has been riddled with lawsuits and accusations, including the Department of Defense’s assertion that Supreme overcharged it by $757 million. (Frankfurt/Rheine) Die 7Days Group GmbH & Co. KG, zu der unter anderem mit der PVG Presse-Vertriebs-Gesellschaft (PVG) der führende deutsche Pressegroßhändler gehört, übernimmt rückwirkend zum 1. In addition, Pentagon personnel had no assurance that billings for another $103 million in boxes were accurate or “even chargeable to the contract,” the report said. AG, Supreme Group B.V., Supreme Foodservice GmbH & Co.KG, Jamal Ahli Foods Co. LLC d/b/a JAFCO, Stephen Orenstein . The violations arise out of false claims for payment and other unlawful conduct in connection with a contract between Supreme Foodservice AG and the United States in which Supreme … Hidden Billionaire. Afghanistan civilization is rich with culture, spanning back as far back as the Middle Paleolithic era. “We’ve had a very long-standing friendship,” said Orenstein. A strong commitment to ethics and integrity isn’t just the right way to do business; Executive Editor With the loss of the Afghanistan food contract and the withdrawal of military personnel, Supreme CFO Thorne projects revenue of $1.2 billion to $1.5 billion in 2014, with an Ebitda margin of 8 percent to 12 percent. Our culture of ethics and integrity has been a constant throughout. two year contract, with an optional two year extension, recently commenced operation. Their first contract provided logistics services to the United Nations peacekeeping operation in Mozambique in 1993. Contributor/CTO Techbillies Helmar Heinrichs (63), langjähriger, operativ verantwortlicher Geschäftsführer des Unternehmens, ist mit Wirkung zum 1. This represents a great opportunity, as education can play a huge role in ensuring the future peace and prosperity of our country. STEPHEN ORENSTEIN AND SUPREME GROUP WIN SITE SERVICES CONTRACT FOR WIND FARM PROJECT (January 27, 2014): Supreme Group, headed by Stephen Orenstein, is a global leader in providing beginning to end supply chain solutions in the most challenging environments around the world. “This is an exciting project that reflects the MoD’s continued confidence in our proven ability to deliver rapid and reliable results,” said Stephen Orenstein, Principal, Supreme Group. (Entered: 09/17/2018) His partner, Michael Gans, holds the rest with his wife. In a report filed in July, the Pentagon concluded that the agency still fails to ensure that Supreme is billed the correct amount and that it hasn’t established controls to manage refunds from overpayments. The company said it’s owed an additional $1.8 billion. We have been able to foster confidence in why we’re there, and there’s a benefit to many people as a result of us being there,” said Rich Faso, director of customer operations in the DLA Troop Support subsistence directorate, in an interview with The Federal Drive with Tom Temin and Emily Kopp. Orenstein’s biggest business has been supplying military personnel in Afghanistan. About 7,000 locals are now employed by Supreme, he said. Stephen Orenstein says “Access to computers and a qualified teacher will ensure a brighter future for the children”. Group sales US$1,330, HONG KONG SAR - Media OutReach - 22 December 2020, K. Raveendran For Supreme Group BV, it’s the cost of doing business. ‘Different Methodologies’, “The discrepancy in the amount Supreme and DLA claim to be owed is based on a contract modification regarding delivery to additional customer locations,” Schirmacher said in an e-mail. Orenstein: „Wenn wir mit der Bundeswehr ins Geschäft kommen, besorgen wir auch Sauerkraut und Haxe.“ Nun, das war im Jahr 2002. STEPHEN ORENSTEIN AND SUPREME GROUP WIN SITE SERVICES CONTRACT FOR WIND FARM PROJECT (January 27, 2014): Supreme Group, headed by Stephen Orenstein, is a global leader in providing beginning to end supply chain solutions in the most challenging environments around the world. An overview of Supreme’s first Mongolian commercial catering project project, located in the South Gobi Desert. Stephen لديه وظيفة واحدة مدرجة على ملفهم الشخصي. Forces around the world,” said Stephen Orenstein, Principal, Supreme Group. For advertising opportunities please contact: Pan Asian Group, Office No. “But we’re going to be a much smaller company.” 2018. Progress is demonstrated by the fact that since 2001, the country’s GDP has tripled, reserve assets have increased by nearly $2 billion, and there are now 17 banks licensed and operating within the country. While SMN Investments‘ emergence as Afghanistan’s first insurance company is promising, these goods must still be shipped by foreign companies to Afghanistan over insecure, poorly maintained roads. Chemical warfare and car bombings are just a few of the hazards working in war-torn countries such as Iraq and Syria. “The more you can do locally, the more receptivity you have from the people in that area. To facilitate better business opportunities, Supreme formed a joint venture between a local Mongolian company and Global Supreme Group Mongolia LLC, a subsidiary of Supreme Group. Supreme Group BV pleaded guilty to fraud charges related to its handling of an $8.8 billion supply contract that was extended twice before the company lost the business in 2013. He left the service in 1957, and started supplying food to military bases across Europe. Unlike posts, which are displayed on your blog’s front page in the order they’re published, pages are better suited for more timeless content that you want to be easily accessible, like your About or Contact information. Updated on Jan. 15, 2019 at … code_stephen Orenstein_Supreme group Dear Colleagues For over 50 years, Supreme has supplied complex logistics solutions to clients in challenging and remote locations. “People see that and it helps offset some of the other things that go on that we’re not real happy about.”, http://www.armedforces-int.com/article/meals-in-mongolia.html. “We established the Supreme Foundation in 2009 with the aim of investing in community projects that make a real difference in people’s lives. According to Schuster’s testimony, at least 312 civilian contractors were killed through April working for Supreme in Afghanistan, mostly due to attacks by insurgents. Supreme Foundation, a registered charitable trust established by the global supply chain solutions provider Supreme Group, has opened a computer lab to support the education of 2,000 disadvantaged students attending Khushal Khan #1 High School in Kabul. ... Stephen Orenstein, a billionaire. AMENDED COMPLAINT with Jury Demand against Haji Obaidullah Sade Khail, Soren Borup Norgaard, Stephen Orenstein, Sader Al Khail General Trading, LLC, Supreme Foodservice, GMBH, Supreme Group USA LLC, filed by Asadullah Saderkhail, Anham Fzco. عرض ملف Stephen Orenstein الشخصي على LinkedIn، أكبر شبكة للمحترفين في العالم. We also share with you the hopes and concerns expressed by participants at the 8th Annual U.S.-Afghanistan Business Matchmaking Conference (BMC) 2012 we attended last week in Washington, D.C, sponsored by the Afghan-American Chamber of Commerce (AACC). Our business success is dependent upon all employees and agents of Supreme Group maintaining the highest standards of ethical behavior in each business interaction they conduct on Supreme Group’s behalf. Supreme Group, headed by Stephen Orenstein, is a global leader in providing end to end supply chain solutions in challenging environments around the world. Stephen Orenstein noted that Supreme Group established its Mongolian operations in 2012. Sadat Mansoor Naderi, chairman of the Afghan Gold and Minerals Company believes that the mining industry is a promising, long-term source of economic growth and stability for the region after 2014. About Supreme Group: Founded in 1957, Supreme Group is a global leader in the provision of end-to-end supply chain solutions to defense, government, and commercial sector clients around the world. “Afghanistan is the most complex country to operate in of all the missions in all the countries that we’ve ever done,” Orenstein said. War Support. Stephen Orenstein und Heiner Tieben, Vertreter der Supreme-Group in der Geschäftsführung, haben ihre Ämter niedergelegt. “2014 is not the end. In 2001, Afghanistan was reborn as a post-Taliban modern society that is learning to fit in an international diplomatic and business community.
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