Kalistan

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Dana Ananto flies to Egelion
Miramar to invest ₭50 Million in Santamar
Sulari, Duchy of Suldanor
July 3rd, 5591


Dana Ananto in her Miramar Offices in Sulari

Miramar Holdings, the private equity company closely tied to House Ananto, is looking to begin investing in Egelion's Financial Sector. Following the recent visit to the Kingdom of Egelion recently to attend King Amadeo's coronation, Miramar Holdings decided to invest ₭30 Million Imperial Rubles in Santamar, the private Investment bank in Altea and then another ₭20 Million in reserve capital. This investment should put Santamar in a excellent position to help develop Egalion.

"A rising power in Egelion will help Kalistan in the region," said Lady Dana Ananto, Miramar's CFO and head of House Ananto. "Rather than thinking of a corporation like Santamar as a competitor, Miramar sees it as an opportunity to diversify its investments and stretch out into new horizons. An investment in a bank that specifically aims to help develop regional economic institutions will not only help build Egelion but will also improve access to Egelian markets for Kalistani goods. Regional trade and economic integration has long been a winning hand for the Empire, and helping build new markets in Egelion will benefit our investors right along with Egelion investors."

The investments in Santamar represent one of the largest foreign investments made to date by Miramar Holdings. Previously Miramar has invested primarily in Gaduridos. "Our track record there is fantastic," said Lady Ananto. "We've provided more than a half a billion Rubles worth of investment in several sectors there to keep their country growing and prospering. And Gaduri investments have provided our stockholders excellent returns." In addition, Miramar has heavily invested in the Kalistani tourist and service sectors, and still holds controlling interested in the Kundrati origin firm ArtSat, which located to Kalistan following the rise of the Fascists in Kundrati.

"While it is important that we keep House Ananto Finances and Miramar separate," said Lady Ananto, "it is also a real benefit to know that Miramar is solidly backed by House Ananto money. This encourages private investment in Miramar, which in turn allows us to make our investments far an wide. But is also provides a buffer between Miramar's investments and Her Imperial Majesty because it could be somewhat understandable that some would be leery of the Sitting Empress of the Anantonese Empire investing directly in foreign enterprises."

Lady Dana Ananto said Miramar is also looking for other Egelion investment opportunities as well. "Egelion is an emerging market in our region and as such represents a virtually untapped land of economic opportunity for not only Miramar Holdings, but other Kalistani investors as well. Lourenne more or less ran out of new investment opportunities long ago, and we are constrained in other Anantonese States with regard to how much and where we can invest. So when a new door opens, Miramar wants to be the first through it."

Santamar is the second largest financial institution in Egelion, and wants to begin investing in Egelion shipping, consumer finances and tech. If the investments pan out, Lady Dana Ananto said Miramar would be open to increasing its investments in the Egelian financial sector, as well as the various other sectors that Santamar is investing in.