The Age of the 21st Century Magazine

The car stops at the Colver Hotel in the heart of Italy, across the River Tevere, where a beautiful stone bridge runs between the two looking at each other.

The exterior of the three-person hotel was a very beautiful stone condition, although the number of floors reminiscent of a Jeju pension was low and small, rather than a hotel. At least hundreds of years ago, concise but wonderful Italian-style furniture and lights were placed all over the building in an ancient three-story building.

Each one of those objects was properly colored with traces of many years, but in a beautiful fairy tale-like atmosphere that seemed ancient and luxurious, the three men and hope left for a while to admire the entrance and the view of the hotel lobby.

Elma, David and Ben and Rainy said goodbye to the group.

“Dr. Nam and Mr. Navis, I'll see you tomorrow. ”

“Goodnight Bro, we'll go first. Let's get some rest and see you tomorrow... P-S-S-S-S-S-S-S-S-S-S-S! ”

“I have a friend here who retired from Italy and set up a restaurant for 20 years. I'll see you in the morning. ”

“Let's pay for the Nam PhD and Mr. Hope.....”

Rainy said goodbye to Dr. Nam, while she smiled provocatively at hope, biting her lower lip and blinking one eye.

Upon the sudden temptation of her despair, she sighed, and satisfied with the reaction, Rainy left the hotel with a wide smile on her face.

"I love delicious men. Huhu..."

Upon returning to his mansion, Rainy was drawn to the happy imagination of Maserati Limousin, feeling the most proud emotion since seeing K-pop singer Big Bang and Junho in Rome.

Meanwhile, the three people who remained in the hotel were walking around the entire floor of the rented hotel and slowly enjoying the view inside and outside the hotel, like a fairy tale book.

On the third floor of the hotel, on the other side of the Terebe River, there is a nice silhouette of Constantinus Improvement Gate Square and a night view, but before coming to this hotel, Nam, who was very satisfied with the beautiful Italian look, from Rome Airport to the dreamy view that unfolds close to the Terebe River across the Vatican country's borders, said to Changsu in that atmosphere.

“Hmm... That's good... Changsoo, should we move our company here? ”

“Well... I'll think about it, but shouldn't I be bored at night? They don't drive much, but this place is a little more quiet than Seoul."

“Hey, we're solo troops anyway, here or in Seoul."

“Well, let's think about it.”

“David would hate it if we were here.”

When David's story came out of Nam Doctor, Ji-hoon, who was still listening, got involved.

“Hey David, you have to tear yourself apart. You're leaving the invincible Solo Force without permission... How dare you leave the commander behind!!! ”

JiHoon's radical reaction triggered a concealment mode in every corner, concealing a stabbed inner heart that Hope, a couple traitor, did not even know about.

In the meantime, as they hardened their mind towards a long-term stay in Italy where David was going to start harassing newcomers, Dr. Nam thought about the visa issue and asked JiHoon.

“Is your visa-free stay here 60 days? ”

“Is it 90 days? Sixty days... right. But if you ask Elma for a permanent residence or a visa, she just gives it to you.”

When JiHoon brought out Minister Elma's story, Nam said, looking at Changsoo, he thought it would be okay to ask her.

“Changsoo, ask the Foreign Minister for a few permanent residences tomorrow."

“Permanent residence is probably a European multicultural problem, so it's going to be hard to come out of the screening these days because you have to stay for a few years, and you don't have to make that kind of sad noise. You just have to come out of the border anyway. ”

Dr. Nam empathized with Changsoo's suggestion to use tricks instead of obtaining permanent residency. It was a pity to use bothersome dumplings like the acquisition of a strange insolvency company.

In fact, an indefinite stay in Italy without a permanent residence permit is tricky, but if you use your head a little, it is possible to admit you as a visa-free stay for 60 days from the date of the entry stamp. When the deadline is up, just go to another country and take the entry stamp and come back in again, the visa-free stay period will be reset from 1 January.

Usually this is considered impossible because few people use ignorant tricks every two months, but with a private jet it becomes possible.

In fact, it's not easy to think of a trick like that unless you have a private jet owner like Dr. Nam.

“Yes, there are two private jets, but you can go to Switzerland and Greece next door for a little while, or you can go to Turkey and have fun, or you can take a yacht to the docks near Rome Airport and come to the Mediterranean coast.”

Nam's yacht story reminds me of David Changsoo's yacht.

“Oh, yeah, yeah. Didn't David say he bought an azimuth yacht? ”

“That's right, yachts... winter yachting is fine. It's a Mediterranean coastal area. It's not that cold. Hopefully, how about a yacht trip? ”

“Oh, yacht trip. It's nice to do. I've never been on a yacht before. Actually, I've never been on a plane before. ”

The hope seemed to be expected for a yacht trip, and Dr. Nam determined to take a yacht trip.

“Hope is good. Let's go sailing to Portugal when we're done with the Italian vendors."

“Why Portugal? You told me to go to Greece earlier, and I went to Greece."

JiHoon refuted Dr. Nam's words as to whether his trip to Greece was the same. Then Dr. Nam told the story of the Portuguese precision processors.

“Well, in fact, Portugal has nothing more to see than Greece, but one advantage is that it has world-class metal precision base manufacturers…. Portugal, rather than Germany, may not have easy contact.”

Nam said, recalling the Portuguese precision processor. In Portugal, it appears to be a completely exotic country, far from precision industries, but it is not the case.

In fact, the world's leading companies in almost all periods of industrial activity, including precision processing and chemistry, are concentrated in Germany. Where there's a huge crowd of high-tech companies that can't even hear a name.

Acquisition of a core German company is in fact the best option to acquire the technology needed to make XHR1.

German companies are in fact very difficult to acquire, but other European countries tend to do the same, especially in Germany, where unlisted family businesses, such as Porsche, for example, own 76% of the shares held by Porsche.

It appears in an economic journal like Forbes that the Volkswagen Group has acquired Porsche. In fact, if the story goes wrong, it is the opposite of the real world, as opposed to the media.

Substantially, the owner of Porsche is a holding company owned by the Porsche family, and since the M&A war resulted in more than 20% of Volkswagen's stock being reversed, the fact that Volkswagen was forced to acquire Porsche combined with the truth of the case was completely counterproductive to Porsche's massive cash rush.

Companies like Benz and BMW have the same situation. In fact, most of the founding families in the generation own shares. In Korea, the situation of the rich German companies is very different. South Korea's fiscal system uses circulators to touch the people's hole shops, but German company owners sell only one hole.

And the perspective on part-time work is also very different from that of Korea.

Even such a large publicly traded company like Porsche is largely owned by Germans in family business, making it almost impossible to acquire the company, not to mention the key vendors Nam wants.

I don't even have company stock properties, but most of the owners are cash albujas, and I'm not interested in mergers and acquisitions even though I'm packing money.

That's why hope was chanted on the plane, and it practically never worked in Germany.

There is absolutely nothing more money for the UAE royal family than Navis to come and take over the German company.

Due to the low debt and cash-rich nature of German companies, the introduction of technology through joint ventures is not easy without hostile M&A.

So acquiring a German company is a very difficult task.

Ben Ellen, who has just joined the company, is practically impossible to acquire even if he tries to solve the joint venture himself, but the dilemma is that he has to acquire the impossible in order to enhance the competitiveness of the core components, so Dr. Nam has been struggling with the problem recently.

Many companies are thinking about similar problems in Korea, but the main reason why many durability or failure problems occur in cars produced by current temperature vehicles is not to keep up with German precision industrial technology and not to acquire technology with the same problem.

So instead of pheasants, we can think of Portuguese precision processors when they fail to take over the German side.

If Germany is the number one company in the industry, Portugal ranks second or third, with a slight advantage over Switzerland, Germany, the Netherlands and Sweden.

So unlike the best German companies, Germany is virtually impossible to take over, so it is the kind of country that is still at the forefront of the subordinate measures and is able to target the Portuguese companies that have been running a lot of property in the recent economic crisis.

That's why Dr. Nam was very concerned about the issue of obtaining the highest level of advanced technology in each European country on the plane to Italy.

At the end of his deliberations, he came up with a super fast track strategy, which included the acquisition of a second largest company with chicken specialties instead of pheasants, and the constant allocation of unlimited R&D funds to national and international academic cooperation centres such as Stanford and Caist Munich, as well as to the Navis and contractor R&D centres, continuing to invest at least twice as much as the current number one company in R&D costs until patents and processing technology became the number one in the world.

Of course, such a superfast track strategy stems from insights from the experience of the Galactic Federation, but it is possible to make such a plan because it is Navis that has tremendous funding to drive it.

And even though I was planning a great trick for the acquisition of a German company that seemed impossible, it was the last resort and for now I was going to pursue the Super Fast Track strategy.

If a listed company manages in that way, the CEO will be fired immediately at the next shareholders' meeting, but Navis is a unlisted company and has enormous funding power, enabling such an enormous scale corporate strategy to take a long-term deficit with the sole purpose of strengthening technology.

Having drawn a line in his head with major European countries, such as Italy, Portugal and Switzerland, Nam thought that the trip to Italy of Nabis employees, which started with the workshop, would be much longer than he thought.

Of course, JiHoon and Changsoo were not interested in R&D or XHR1 planning at all, but hopefully they ended the negotiations with the major domestic companies and put the fuel cell core components together for a while.

Dr. Nam's three people and hope talk about their plans to stay in Europe for a little while and go into their rooms and wrap themselves in their beds.