Elefsis Shipyards

Shipyard investments become ‘strategic’

Investments in the shipbuilding industry will be considered of strategic importance, Development Minister Takis Theodorikakos said on Wednesday during his visit to Elefsis Shipyards, close to Piraeus. He added that the shipbuilding industry will offer more opportunities for safe employment for young people who want to work and produce in this area.

Greek shipyard signs agreement with Algerian shipping company

An agreement between ONEX Shipyards & Technologies Group and Algerie Ferries was signed in the presence of Development Minister Kostas Skrekas and Algerian Ambassador to Greece Mahieddine Djeffal. The agreement concerns maintenance work on one ship and the complete renovation of another at the Elefsis Shipyards.

Elefsina shipyard streamlining deal to be signed on Monday

Labor Minister Adonis Georgiadis announced on Saturday that ONEX Shipyards and the US International Development Finance Corporation (DFCgov) will formally sign their agreement for the funding of the streamlining plan of Elefsis Shipyards with over $100 million on Monday, in Elefsina.

"The renaissance of the shipbuilding industry in Greece is now a reality," he said. 

US Congress approves funding for Elefsis Shipyards

The US Congress has approved financing through borrowing for ONEX Shipyards to carry out the consolidation plan for Elefsis Shipyards.

The US International Development Finance Corporation (DFC), America's development bank, will provide the amount of $125 million.

This financing will be the first so far from DFC for Greece.

Significance of Elefsis Shipyards work resumption

The relaunching of works and the productive output of the Elefsis Shipyards, in Attica, "means rather a lot, because after so many years we can again secure our work, our salary and the money we thought was lost," accident prevention worker Dimitris Charitos told the Athens-Macedonian News Agency on Saturday.

New era for Greek shipyards

The Greek shipbuilding industry appears ready to write a new chapter in its history after the completion of the consolidation of its three major shipbuilding units (Elefsis, Skaramangas and Syros) and the increase in activity at other units, such as those that are based in Salamina, Perama and Halkida.

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