MLS Operation Greece
Greece | Information Technology- Identification Code:
- OP/14/0041
- Total Operation Cost:
- — EUR
- Maturity:
- 60 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date3.000.000 EUR – 16 Oct 2015
-
BSTDB Signed Amount – Signed Date3.000.000 EUR – 19 Nov 2015
-
Status:Completed
- Description and Purpose of the Operation:
- Secured corporate loan to support the implementation of the business plan of MLS Multimedia S.A. for the period of 2015-2019. The loan will be used for capex purposes (EUR 2 million) and working capital (EUR 1 million).
- Countries of Operation:
- Greece (100,00%)
- Financial Product:
- Loans
- Sector:
- Information Technology
- Domain:
- Private
- Borrower/Client:
- MLS Multimedia S.A., Greece
- Co-Financers/Participants:
- n.a.
- Guarantors/Sponsors:
- n.a.
- Developmental and Regional Cooperation Impact:
- The Bank's financing will support the development of a Greek Company specialized in the area related to high technology, a sector where the competitive advantages of the Hellenic Republic has not been yet realized. The Bank's financing will contribute to diversification of the country's economy. MLS business is based on research and development. The Company employs qualified young professionals. The development of the Company will result in establishing additional working places at the times when the unemployment rate among young Greeks reaches 57%.
- Environmental Classification and Impact:
- Assigned Category C with limited to low environmental and social issues. No further assessment beyond screening deemed necessary
- Operation Leader:
- General Industries, Transport, Tourism 1
- E-mail:
- gitt1@bstdb.org
As of 28 Feb 2026
