Monument Group

Monument Group
Logo of the Group
General
Industry	Conglomerate
Headquarters	Pavia
Number of Locations	1
Key People	Creepi0n (CEO) Gobblin (COO) BritishWanderer (CFO)
Number of Employees	9
Divisions	Property Services Goods Bank Food & Beverages Subsidiaries
Subsidiaries	Maps, Naps and Schnapps MG Pavia Exchange Bedford Fried Chicken
Business
Services	Building Design Construction Property Management Banking
Products	Schematics Commodities XP & Enchanted Goods
Financials
Revenue	5,332d (Q2 2023)
Operating Income	4,114d (Q2 2023)
Net Income	2,926d (Q2 2023)
Assets	31,441d (Q2 2023)
Historical Data
Established in	16 October 2022
Contact Data
Discord	https://discord.gg/QJUdbdQ

The Monument Group is a traded conglomerate based in the City of Pavia, Pavia. They have operations, in sectors including estate, construction, commodities, goods and banking on CivMC. They have a presence in the real estate market and invest in local development projects. It's worth noting that they were the first shareholder owned entity established on CivMC.

On December 23, 2022, the Monument Group acquired CivMarket, which was a milestone for their growth. The conglomerate oversees a range of businesses including food, enchanted tools and premium products.

In April 2023 the Monument Group underwent restructuring which led to the formation of divisions. This reorganization allowed them to introduce banking services through Monument Bank as the adopted bank on CivMC.

History

The Monument Group was initially founded by a number of Pavian individuals under the lead of Cissonius and BritishWanderer.

October 2022

On 16 October, the Monument Group was publicly announced. Its first property sales were made shortly after.

November 2022

On 16 November, the Monument Group acquired the Maps, Naps, and Schnapps shop in Pavia.

December 2022

On 2 December, then-CEO Cissonius declared Creepi0n as his successor. A few hours later, Creepi0n fired half the Board members and rearranged the Executive and Non-Executive Board, aiming "to ensure that the Monument Group is as productive and capable as possible".

On 16 December, Monument Group had its initial public offering. The first ten percent of the Group’s shares were auctioned to the public. The shares sold at an average of ~6.96d per share.

On 23 December, Monument Group publicly announced its acquisition of CivMarket.

A few days later, on 29 December, the CivMarket Exchange relocated from CivMarket’s former claims to the City of Pavia and celebrated its grand reopening.

January 2023

The Monument Group announced that it would begin the sale of XP, enchanted armour and tools on 5 January.

A few days later, on 9 January, Monument Goods got outsourced of the parent company due to its prior successful launch a few days ago.

March 2023

On 3 March, the Monument Group had its second public offering. Another five percent of the Group’s shares were auctioned to the public. The shares sold at an average of ~11d per share.

The same day, CEO Creepi0n announced that the Executive Board had decided on a common dividend of 0.25 Diamond per every held share for Q1 '23, and also had decided to hand out a special dividend of 1.25 Diamond per every held share.

April 2023

On 1 April, the Quarterly Results for Q1 '23 were announced with an open QA moderated by CEO Creepi0n and CFO BritishWanderer.

A few days later on 9 April, CEO Creepi0n announced the upcoming Monument Bank, a bank that would offer its banking services primarily online via Discord. It merged with Cartesian Bank. On 14 April, the Monument Bank was launched to the public, promising monthly interest on holding accounts, the ability to purchase Monument Group services and products and the possibility for businesses to use it as a uncomplicated payment platform.

Two days later, on 16 April, the former CivMarket Exchanged reopened after a week-long rennovation under new branding as MG Pavia Exchange.

The day after, on 17 April, new price changes for Monument Goods tools to match market prices were announced.

A few days later on 22 April, the Monument Group announced that Monument Bank clients would get a 5% discount and free shipping on items purchased from Monument Goods if purchased via Monument Bank money transfers.

The Monument Bank made its first financial statement and revised its terms of service on 30 April.

May 2023

The Monument Bank publicly announced its new automated banking system on 15 May, known as “Bertha the Bank Clerk.” It automated account creation, transferrals, withdrawing, and balance checking. The functionality was limited to holding & corporate accounts.

July 2023

The Monument Group announced that it was shutting down its design services on 3 July, citing lack of time, consumer demands, and needing to focus on Pavian builds, as well as the property design services generating a limited amount of revenue.

On 17 July, the Monument Bank announced new terms of services. Most notably, loans, mortgages, and other lines of credit were replaced by Credit Accounts, which could be overdrawn to a given limit.

August 2023

Due to the Imperial Federation Secession Crisis, the Monument Bank dropped the credit rating of the Imperial Federation from BBB to BB-.

Divisions

The Monument Group is seperated into five main divisions as of August 2023: Property Services, Bank, Food & Beverages, Goods and Subsidiaries.

Property Services

The Monument Group Property Services manages most of the property in Pavia. It finances its designs and construction, as well as managing their deeds.

Bank

The Monument Bank is a banking platform that allows players to deposit and withdraw diamonds, as well as to transfer them between players. It also offers lines of credit via credit accounts, which allow players to take out diamonds on credit instead of on fiat.

Goods

Monument Goods is the the primary consumer division of the Monument Group, and sells tools and armour, the primary consumer goods on CivMC.

Food & Beverages

The Monument Group Food & Beverages division sells foods and alcoholic drinks within Pavia.

Subsidiaries

The Monument Group is the parent company of several other businesses. As of August 2023, it owns CivMarket Exchange; Maps, Naps and Schnapps; and Bedford Fried Chicken. The subsidiaries are owned commercial businesses that do not provide their income directly to the Monument Group and maintain their own board & directive.

MG Pavia Exchange

Acquired as CivMarket on 23 December 2022. On 29 January 2023 Jaydon announced the closure of plot operations. Instead they focussed and expanded on the exchange operations, running an Iron/Diamond Exchange in the City of Pavia. After renovations in April 2023, the exchange was re-branded as MG Pavia Exchange.

As of Q2 2023, Jaydon and Tuomasz manage the MG Pavia Exchange.

Maps, Naps and Schnapps

Founded in December 2022 by Creepi0n, the subsidiary sells map art and alcohol in the City of Pavia. Initially it only sold map art, but began selling Estalian brews such as the eponymous Schnapps in April 2023.

Bedford Fried Chicken

Bedford Fried Chicken sells fried chicken on Pavia’s main street. It is regarded as a cultural staple by the locals. It was acquired by the Monument Group in Q1 2023.