EAB

A delegation from the military academy of Saudi Arabia led by its commander, Major General Almalki Hassan Abdullah, visited the premises of the Hellenic Aerospace Industry (EAB) on Wednesday. 

The members of the delegation were briefed on the activities of the company in the context of their visit to Greece this week. 

It is a joint collaboration between the Hellenic Aerospace Industry (EAB) with the Aristotle University, the Democritus University of Thrace, and the University of Thessaly

For years governments have been trying to patch the holes of a series of problematic state corporations - among them mining company Larco, Hellenic Post (ELTA), Hellenic Railways Organization (OSE), Hellenic Aerospace Industry (EAB) and Hellenic Sugar Industry (EBZ) - but the wounds beneath those patches have been allowed to fester, and now those companies pose a serious threat to the Greek eco

In a country that has been in crisis for almost a decade, with companies and households suffering from overtaxation, the state has been supporting eight major public corporations with accumulated losses of 12 billion euros, obligations of 17 billion euros, share capital of 11 billion and annual revenues of just 942 million euros.

A new multi- bill featuring some of the so-called prior actions that Greece must implement to unlock the next tranche of 2.8 billion Euros in rescue loans is expected to be submitted to the Parliament on Friday.

The government is expected to submit a new multi-bill to Parliament on Friday featuring some of the so-called prior actions that Greece must implement to unlock the next tranche of 2.8 billion euros in rescue loans.