Molivadia Development Corporation
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Molivadia Development Corporation is a state-owned development enterprise, incorporated via Autokratorial Decree on 14.VIII.1704, that serves as the commercial arm of the Principality of Molivadia. Domiciled in the newly-established settlement and planned regional capital, San Felipe, the development of the location is its primary project. It has a subsidiary, Bank of Molivadia.
It is owned by the Principality of Molivadia and governed by the Council of Molivadia. Imperial Senator Sebastiano Gianakos was its President from 14.VIII.1704 until his untimely death on 8.IX.1718.
