EIB Expands Secure Printing Capacity in Greece with Loan to Veridos Matsoukis

The European Investment Bank (EIB) has solidified its commitment to supporting the production of secure identity documents in Greece through a €10.5 million 10-year loan to Veridos Matsoukis, a prominent printer specialising in secure ID documents.

This financial backing will contribute to a €23 million investment project at Veridos Matsoukis’ Athens facility, aimed at enhancing the production capacity for passports, identity cards, and other official documents crucial to government operations.

In addition to EIB’s €10.5 million loan, Veridos Matsoukis is in the process of applying for a €7.5 million Recovery and Resilience Facility (RRF) loan, emphasising the export-oriented nature of its Greek manufacturing operations. The approval process for the RRF loan is anticipated to conclude by the year’s end. This marks the second round of support from the EIB for Veridos Matsoukis.