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THE Greek government continues to work, with method, determination and efficiency, to rebuild, on solid foundations, the structures of the defense industry.
Up to 21% participate in Greek state in the capital stock of the new company ELVO 2020 and today, December 22, a relevant agreement was signed by Ministry of Finance. The Minister of Finance Mr. Christos Staikouras on the right of the Greek State to participate with a percentage
up to 21% in the share capital of the new company “ELVO 2020He stated that: “The agreement between him was signed today Greek state, represented by the Minister of Finance, and his bidder of the tender, regarding your right Greek state to join me percentage up to 21% in the capital stock of the new company “ELVO 2020”. The specific term of the contest was facilitated due to its field of activity. ELVO. A company with a long history, which is in special liquidation, from 2014 until today.
It is recalled that they were carried out, without result, two public tenders, one in April 2017 and another in August 2018, and a tender, with free trade, which was canceled in February 2019.
He March 2020, the Liquidator again proceeded to a public invitation to carry out the tender, with free negotiation. This bidder emerged through this process.
After six years of regression and ineffective procedures, the ELVO can now be a growth lever for greek economy and in particular for North Greece, supporting the local community, creating many jobs. THE Greek government continues to work, with method, determination and efficiency, to rebuild, on solid foundations, the structures of the defense industry. “
Who is the new owner?
THE SK Group Consortium and the Place the Israeli interests preceded the tender for its acquisition ELVO with the acquisition Hellenic vehicle industry As presented, the most dominant acquisition proposal is led by CEOs Samy Katsav (SK Group) and Dani Ziv (Plasan), who will jointly control up to 79% of the new ELVO.
The Greek businessman Aristides Glinis most likely it is the head management of the Greek company and once the proposal is approved, the investors will commit to forming the new company within 3 months.
A main objective of Israeli businesswoman is to buy their products European and NATO “passport” to be exported more successfully in the international market.
The new categories of vehicles you will build new ELVO According to information there will be three and will include military vehicles, special type vehicles and civil vehicles. However, other products such as portable weaponry, add-on vehicle armor systems and electro-optical equipment may be included.
This is very likely since Samy Katsav controls across group Samy Group Business Israeli arms industries (IWI), Meprolight Ltd., Israel Shipyards Limited. and Optical Uni-Scope.
The israeli Place the already manufactures two vehicles Guarder and SandCat.
The Guarder is an armored bus for repressive police forces, which is based on the German chassis MAN SE (4X4) with a capacity of 25 men. the SandCat, is an armored vehicle with a capacity for four or five men, which is based on the chassis of American civilian trucks. Ford F-350 and F-550.
The vehicles are armored with composite armor that combines layers of metal, plastic and ceramic material, as well as air spaces. The biggest customer appears to be the Mexican police with 125 units, followed by countries like Kazakhstan, Colombia and Nigeria with 25-30 units each.
These vehicles can be used by Greek police but also for him Greek army especially now that the replacement has been announced 10,000 Mercedes and Steyr vehicles. In fact, if the new company wins the contract to replace them, its revenue new ELVO will be thick for at least one decade.
Assets
THE ELVO was founded in 1976 as Stagier Hellas SA, for the production and distribution of trucks, agricultural tractors and stationary engines. The products were assembled with a small Greek stake that gradually increased.
THE Stagier Hellas also gathered the ABOVE “Leonidas” of is. In 1986 the Austrian Steyr he withdrew and his part was absorbed by the Greek state. Since then, the company has been named ELVO. In 2000, 43% of the company and management reached Μυτιληναίος, which he left in 2010. In 2014 ELVO went into liquidation.
The assets claimed by the consortium are three plots of land with a surface area of more than 270,000 m2. in Sindos Industrial Zone, facilities building in Sindos Industrial Zone, equipment and intellectual and industrial property rights, such as the trademark and the distinctive title “ELVOAnd any other industrial and intellectual property rights, such as know-how, designs, computer licenses and patents that the company has granted.
Photos: Eurokinisi
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