EAS

The future of national defense industries ELVO and EAS could be in jeopardy, causing concern amongst the employees of the companies who were outside the Ministry of Finances. On Monday the Minister of Finances Yannis Stournaras had a meeting with Deputy Minister of National Defense Fofi Gennimata, members of the firms’ management and consultants. Mr. […]

The Ministry of Finances will host an important meeting on Wednesday regarding the future of defense industry companies LARKO, EAS and ELVO, which currently employ about 2,250 people. The troika representatives have been pressuring the government in taking drastic measures, which could lead to dismissals and closures. According to the bail out deal, the Greek […]

The leader of the Opposition Alexis Tsipras visited the Greek Defense Systems (EAS) facilities yesterday, in celebration of the 39th anniversary of the restoration of democracy and the collapse of the dictatorship. The president of SYRIZA asserted that he will not accept any dismissals or selling off of assets. Mr. Tsipras however noted that some […]

The leader of SYRIZA Alexis Tsipras has arranged to visit the facilities of the Greek Defense Systems group on Imittos, which includes the EAS, EVO and PYRKAL companies. Mr. Tsipras will meet with unions and employees at the company’s facilities, are considered to be amongst the group’s greatest assets. According to the Left Platform, the […]

The government has announced its plans of restructuring troubled State companies Greek Defense Systems (EAS), Greek Vehicle Industry (ELVO) and mining and metallurgical company LARKO, with the assistance of specialized, independent consultants. The government wants to minimize the cost of operation, in order to be in compliance with EU regulations on government subsidies. According to […]