MFS GROUP

The Maritime Financial Services Group (MFS Group) commenced its operations in 1984 in New York City as the principal partner in International Marine Investors Management Corporation, an international Asset Management firm registered with NASDAQ and focused on the maritime (owned a fleet of 20 vessels), commodities and real estate sectors, but during the last 14 years the Group’s focus has been in Southeastern Europe and Asia, running its operations out of Athens, Greece and Shanghai, China. The MFS Group grew internationally with correct timing and prudent management and realized its main profitability in the shipping industry.

The company was founded by Dr Babis Ziogas in the middle of the worst slump of the shipping industry during the mid-80s by applying advanced corporate finance techniques available in the US to the international maritime industry.

In 2008, the MFS Group decided to diversify its sole focus on the maritime industries by penetrating the dynamic global business of fast- moving consumer goods specialized in exports-imports, international logistics, distribution and processing. For this purpose, Resources Trading Corporation, it initiated its activities in Greece, the USA and internationally with the acquisition of a number of companies.

GROUP'S ACHIEVEMENTS
The Group has been involved in a variety of transactions in its areas of expertise. Examples of transactions include:

  • A major U.S. endowment fund invested with an affiliate company $35 m in equity for distressed shipping assets and realized annual returns of 60% for over 4 years
  • Partners of two major New York law firms invested more than $10m in equity and realized annual equity returns of 40% for over 5 years
  • A major international shipping and energy group invested more than $15m in equity realizing extraordinary returns
  • An international shipping group in Greece invested in vessels net sale-lease back transactions assets of $130m realizing profits in excess of $200m
  • A subsidiary company realized annual equity return of 1000% over a period of 6 years by investing on a fleet of handy size bulk carriers in 2003 and substantially divesting in 2008
  • Establishment of an extended network in Central Europe for consumer finance and micro lending
  • Development and management of forests and forests’ products – with an emphasis to biomass products- in Greece and Balkans
  • FS Group of Companies currently has about US$200,000,000 of liquid and physical net assets under management