stephen orenstein supreme group
Their first contract provided logistics services to the United Nations peacekeeping operation in Mozambique in 1993. By February 2014, 34,000 American soldiers will be stationed in the country. Gans, who is a citizen of Luxembourg and lives in Baech, Switzerland, received a bachelor’s degree in political science from Vassar College in Poughkeepsie, New York, and a law degree from George Washington University in Washington. “We’ve had a very long-standing friendship,” said Orenstein. This is an example of a page. When the new contract begins, it will be the first time that Supreme will be extending its support to the U.K. MoD outside of operational deployments. “2014 is not the end. 2018. Group sales US$1,330, HONG KONG SAR - Media OutReach - 22 December 2020, K. Raveendran He dropped out following the death of his father in July 1985. This week Mustafa Yasa, director of foreign relations for the Municipality of Kabul, has joined me in writing this column to share with readers the positive changes and progress he has personally witnessed in Afghanistan. The company leverages the proficiencies of both companies to offer full supply chain solutions. Most food is brought on containers from the United States, but the fresh products (fruit, vegetables, dairy) are airlifted from the United Arab Emirates, Faso said. 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 is a participant in the Munich Security Conference this year. Orenstein confirmed that he and his family control 75 percent of the company. We need support from organizations, as many students are too poor to receive a formal education, so we are grateful for the assistance of Supreme Foundation.” – See more at: http://www.supreme-group.net/node/149#sthash.IwMBA8vC.dpuf” Source Excerpt: http://www.supreme-group.net/node/14. He made Gans a co-owner in 1993. 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. operation. Create a free website or blog at WordPress.com. According to its annual reports, Supreme had net income margins that ranged from 15 percent to 23 percent between 2008 and 2011. For advertising opportunities please contact: Pan Asian Group, Office No. 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. Profit Margins. عرض ملف Stephen Orenstein الشخصي على LinkedIn، أكبر شبكة للمحترفين في العالم. (Entered: 09/17/2018) The partnership’s unique advantage is that it combines local Mongolian capabilities with Supreme’s global strength and proven expertise. “We took a developed world standard and brought it to the developing world.”. “We are proud to be Britain’s trusted partner of choice in providing proven supply chain solutions to the U.K. Military, EU and Commonwealth Government departments both within the home countries and across deployments worldwide,” Orenstein added. The company was also paid about $455 million for airlifting fresh fruits and vegetables from storage areas in the U.A.E. Safi Airways is now the country’s only UN-approved international airline. Supreme started delivering food to the British army in Afghanistan in 2002. Our culture of ethics and integrity has been a constant throughout. Januar 2015 die Supreme Deutschland GmbH. operation. Supreme Group has unveiled ... business practices across our organization and have achieved some impressive milestones along the way,” said Stephen Orenstein, Principal, Supreme Group. War Support. Orenstein: „Wenn wir mit der Bundeswehr ins Geschäft kommen, besorgen wir auch Sauerkraut und Haxe.“ Nun, das war im Jahr 2002. “The more you can do locally, the more receptivity you have from the people in that area. 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. 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 … That’s the second-highest number of deaths of any private contractor working on behalf of the Pentagon since September 2001, according to data compiled by the U.S. Department of Labor under the Defense Base Act. He also testified that it was “very common that the percentage of total revenue, the service fee percentage, exceeded 75 percent,” when the distribution of food and other supplies flown into Afghanistan by airplanes and helicopters accelerated in 2006. 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 , 50, made his fortune in more hostile environs. The addition of the second center has allowed faster delivery time and saved costs on transportation, he added. Hidden Billionaire. [email protected] Tel: +971506259940, Saifur Rahman “Infrastructure exists today in Afghanistan,” said Dail. 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. This is an example of a page. Supreme Group principal Stephen Orenstein said the contract reflects the MoD’s continued confidence in the company’s proven ability to deliver quick and reliable results. Since the start of the war there in 2001, Supreme’s revenue has increased more than 50-fold to $5.5 billion in 2011. Yesterday’s “rebels” are today’s newer, younger generation of legitimate political and business leadership who will continue to transform the country from a post-conflict society to an active player in the global economy. They control the business through holding companies based in Luxembourg, Cyprus, Germany and the U.K. provision of aviation fuel and refuelling services to 96 civilian airports worldwide, predominantly for the Royal Air Force. “Today, we’re business partners. A liquidity discount of 25 percent is applied to account for the company’s operations in high-risk areas and uncertain business prospects. 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. Supreme Group Steve Orenstein President at MCC New York City Metropolitan Area. Investments in small business development at the provincial level have grown local economies, transforming once remote rural villages into prospering urban areas. Karwan Elm Educational Center is an independent, non-profit, non-political institution that provides education to around 200 students, half of which study for free. And Supreme Group, the firm he co-owns with his German-born wife, Nina Von Steuben, and American businessman Stephen Orenstein, is hardly a household name … AG, Supreme Group B.V., Supreme Foodservice GmbH & Co.KG, Jamal Ahli Foods Co. LLC d/b/a JAFCO, Stephen Orenstein . For instance, the Aynak copper field alone has created over 1000 local jobs. 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. This additional income means that some Afghan families are able to send their children to study abroad, and that families who were never expecting such a comfortable life can dream bigger than their parents dared to. The centers serve about 250 locations throughout Afghanistan, Faso said. “The Pentagon lost control of this contract from the beginning and even today may be unable to recover hundreds of millions of dollars in potential overpayments,” said U.S. Representative John Tierney, the ranking Democratic member on the House Government Reform & Oversight Subcommittee on National Security, in a statement to Bloomberg News. The company said it’s owed an additional $1.8 billion. “Most contractors claim that their profit margins are zero to 5 percent.”. Supreme was further said to be overpaid $98.4 million from 2005 to 2008 for transportation costs, in part because reimbursement rates “were significantly higher than the rates needed to reimburse the vendor for costs and associated profits,” the report said. “It was a very difficult, very challenging first five years.”. 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. Orenstein’s biggest business has been supplying military personnel in Afghanistan. This represents a great opportunity, as education can play a huge role in ensuring the future peace and prosperity of our country. Group B.V., Supreme Foodservice FZE (the successor corporation to Supreme Foodservice GmbH & Co. KG), Jamal Ahli Foods Co., LLC, and Stephen Orenstein (collectively "Supreme"); and relator Michael Epp (Epp or "Re!ator"), through their authorized represenlatives. Contributor/CTO Techbillies Forces around the world,” said Stephen Orenstein, Principal, Supreme Group. Farhad Nasiri, Director of the Karwan Elm Education Center, said: “Around 70 per cent of Afghanistan’s population is under the age of 25. Juli 2015 in den Ruhestand getreten. And Supreme Group, the firm he co-owns with his German-born wife, Nina Von Steuben, and American businessman Stephen Orenstein, is hardly a household name … The Munich Security Conference is an international conference centered on international security policy. “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. According to its latest annual report, the company had earnings before interest, taxes, depreciation and amortization of $953 million in 2011 on revenue of $5.5 billion. 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. “We’re still a financially sound company, so I don’t view it as a collapse,” Thorne said by phone. 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 … The value of the Aynak copper mine, Sheberghan gas fields and Ghazni lithium mines have been estimated to be as much as $3 trillion. 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. He enlisted the help of Gans, a childhood friend whom he’d met in kindergarten in Oberursel, Germany, to write proposals getting overseas business. Afghanistan’s current “donor economy” status means that the local government sustains itself with the assistance of the other countries and private foreign investors. 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. “We established the Supreme Foundation in 2009 with the aim of investing in community projects that make a real difference in people’s lives. Orenstein confirmed that Supreme’s food distribution fee to the U.S. military in 2010 was “in the range of 18 to 21 percent” and could go as high as 50 percent, according to a transcript of testimony he gave in a 2010 lawsuit. According to the report, the DLA overpaid Supreme $124.3 million for transportation and corrugated-packing boxes. For Supreme Group BV, it’s the cost of doing business. He races and collects vintage Bugatti cars, and owns multiple apartments on Fifth Avenue in Manhattan, according to Acris, the city’s property records database. “This is a case study for what not to do in government contracting,” Scott Amey, general counsel for the Washington-based Project on Government Oversight, said by phone. Faso added that such programs put “good will” into the country. 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. Stephen Orenstein Principal at Supreme Group United Arab Emirates. The sponsorship was a six-figure deal. Stephen لديه وظيفة واحدة مدرجة على ملفهم الشخصي. “It took just moments for us to decide to do the deal” said Orenstein. Updated on Jan. 15, 2019 at … 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. 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). Executive Editor 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. When the opportunity to sponsor Afghanistan in the cricket ICC World Cricket World Twenty 20, Stephen Orenstein pounced on the opportunity. Supreme Group is committed to maintaining the highest standard of business conduct in all of its activities. Former Pentagon Inspector Heddell said that the original Supreme contract was “an example of just how bad it can get.” The contract “wasn’t well-designed” or “well-thought out,” he said at a hearing before the subcommittee in December 2011. His partner, Michael Gans, holds the rest with his wife. Supreme Group is owned by the US billionaires Stephen Orenstein and Michael Gans, who have, among other things, earned their wealth on supplying fuel and food to US – and also British – troops in countries such as Liberia, Mali, Sudan and Afghanistan. Since the Americans arrived in 2001, the Afghan economy has grown from zero to 1000, and this prosperity has immensely improved the quality of life for the people who live in the region. 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 … ‘Fundamentally Flawed’. Managing Editor 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. Dangerous Work. “Afghanistan is the most complex country to operate in of all the missions in all the countries that we’ve ever done,” Orenstein said. It’s dangerous work. 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 has also been administering the worldwide food supply contract for the MoD in international operations since 1997. For Supreme Group BV, it’s the cost of doing business. According to Supreme’s chief financial officer, Mike Thorne, more than 90 percent of the company’s revenue is derived from its Afghanistan operations. They decided to unilaterally apply new rates based on the costs as they see them, and tried to recoup the difference between the two.”, At the peak of the military campaign in Afghanistan, the U.S. Department of Defense operated about 800 bases that housed and fed as many as 100,000 soldiers a day. Stephen Orenstein verdiente sein Vermögen in einer eher feindlichen Umgebung. And Supreme Group, the firm he co-owns with his German-born wife, Nina Von Steuben, and American businessman Stephen Orenstein, is hardly a … Supreme is valued at about $650 million, according to data compiled by Bloomberg, based on the company’s lowest 2014 revenue and Ebitda projections and the average enterprise value-to-Ebitda multiple of three publicly traded peers: Issy-les-Moulineaux, France-based Sodexo (SW) and Chertsey, U.K.-based Compass Group Plc (CPG), and New York-based Sysco Corp. (SYY). The centers have allowed service members to eat food they would find in any school cafeteria or restaurant, Faso said. 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. 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. Electricity and running water now reaches very remote areas previously without these basic services. For example, during the war, Mr. Abdul Hadi Khalid fought against Taliban, but now runs a successful construction company (Sediq Now Bahar Construction Company) that has become a key player in the redevelopment of Afghanistan. “The question is what do you want to achieve with it moving forward?”. 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. When introducing Secretary LaHood at the podium, former Pennsylvania Congressman and current AACC President and CEO Dr. Donald Ritter energized the crowd by stating the importance of LaHood’s cabinet level interest in Afghanistan’s future. Stephen Orenstein says “Access to computers and a qualified teacher will ensure a brighter future for the children”. Stephen Orenstein and Michael Gans are the owners of Supreme Group, and Compass had argued that their testimony could help establish whether … He left the service in 1957, and started supplying food to military bases across Europe. To Read the Full Story 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. Previously, post-9/11 airline industry blacklisting meant there were no airlines approved by the EU to provide flight services in the country. Stephen Orenstein , 50, made his fortune in more hostile environs. 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. The project was awarded by a subsidiary of one of Mongolia’s largest industrial holding companies.”, Source Excerpt: http://www.armedforces-int.com/article/meals-in-mongolia.html. ... Empleo Supreme Group Principal; Sector Logistics / Supply Chain; Acerca de At Supreme, we provide integrated supply chain solutions to defense, government and commercial clients in challenging environments around the globe. “That’s a fairly large profit margin when it comes to federal government contracts,” said Amey. Supreme Group is committed to maintaining the highest standard of business conduct in all of its activities. 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. “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. 535A, Al Ghurair Centre, Al Riqqa, Deira, Dubai, UAE, Dubai supplier becomes billionaire feeding US war machine. A U.S. citizen, Orenstein was born in Frankfurt, where he still lives with his wife, Petra. 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. The progressive face of the new leadership, positive influence, and increased marketability that local media outlets such as TriVision have brought to Afghanistan could be seen in the way that people dressed at the conference. Supreme Foodservice GmbH, a logistics company co-owned by billionaire Stephen Orenstein, agreed to pay $434 million to settle criminal and … In April, Supreme sued the U.S. government in the Court of Federal Claims in Washington after the Defense Logistics Agency awarded a new five-year, $10 billion food contract in June 2011 to Dubai-based competitor Anham FZCO LLC, which also supplies food to the U.S. military in Iraq, Kuwait and Jordan. “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. In March 2012, the DLA began recouping $21.8 million per month through administrative offsets, said Matthew Beebe, the agency’s deputy director for acquisition, in a hearing before the subcommittee in April. environments around the world, has been awarded a contract by the United Kingdom’s Ministry of Defence (MoD) for the 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. ... Stephen Orenstein, a billionaire. http://www.securityconference.de/fileadmin/MSC_/PDF/Participants_MSC2013_01.pdf. 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. A series of fuel contracts, first established in 2007, has paid the company almost $1.4 billion. 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. The audit disclosed that DLA personnel overseeing the Supreme contracts failed to prevent overpayments and potentially incorrect charges. For Supreme Group BV, it’s the cost of doing business. 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. Noorullah Delawari, governor of Central Bank of Afghanistan says that strides made in Afghanistan’s historically corruption-riddled banking and investment sector. 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. ... Stephen Orenstein, a billionaire. H.E. 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. code_stephen Orenstein_Supreme group Dear Colleagues For over 50 years, Supreme has supplied complex logistics solutions to clients in challenging and remote locations. In 2001, Afghanistan was reborn as a post-Taliban modern society that is learning to fit in an international diplomatic and business community. In response, Schuster told the subcommittee that the Pentagon’s audits of Supreme were “fundamentally flawed.”, As of Sept. 1, the DLA had recouped more than $390 million, more than half of the sum it says were overpayments made to Supreme, according to agency spokeswoman Mimi Schirmacher. In his speech, Secretary LaHood outlined the importance of a thriving transportation system in a global market where goods and services need to move around. “Since 9/11, there are very few stories in the news about Afghanistan that illustrate the progress and the asset to the world community that this small land locked country has become. However, the airline industry has grown more than any other business in Afghanistan, successfully connecting the world to its borders. Click the Edit link to make changes to this page or add… 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. email: [email protected], Vishnu Raja A strong commitment to ethics and integrity isn’t just the right way to do business; to Afghanistan, without the DLA ensuring the prices were “fair and reasonable,” according to the audit. عرض الملف الشخصي الكامل على LinkedIn واستكشف زملاء Stephen والوظائف في الشركات المشابهة “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. 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. 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.