BLS International Services Limited has informed the Exchange about Incorporation
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BLS International has set up a new wholly owned step-down subsidiary called Visametric Ireland Limited, incorporated in Ireland on July 17, 2025, through its existing step-down subsidiary Visametric Vize Hizmetleri (Turkey). The new entity will operate in the visa and passport processing business, which is the same line of business BLS is already in. It starts with a small paid-up capital of just 100 Euro, and BLS holds 100% ownership through the chain. The move appears to be part of the company's global expansion of its visa services footprint. This is an internal expansion move, not an acquisition of an existing business.
This is a routine overseas expansion step that aligns with BLS's core visa services business. The financial impact is negligible given the tiny capital base, but it signals continued international growth ambition, which is a mild positive for long-term shareholders.