“The Elefsis Shipyards are a true success story for Greek industry, shipbuilding and the economy of our country,” emphasized Minister of Development Takis Theodorikakos, representing Greek Prime Minister Kyriakos Mitsotakis, at the event for the signing of the strategic cooperation agreement between ONEX Rolling Stock & Integrated Systems and the internationally recognized Korean company Sung Shin Rolling Stock Technology, at the Elefsis Shipyards.
Theodorikakos underlined that this initiative is the natural continuation of the rehabilitation of the Elefsis Shipyards, which began in 2022 “when the restructuring plan took shape, with which they resumed operations and gained life and perspective.”
Through the state-owned development bank DFC, “the US contributed with a bond loan of 125 million dollars, which we, as the Ministry of Development, guaranteed with a legislative regulation a few months ago, so that thousands of people can work again and give new life to the Greek shipbuilding industry.”
The Minister of Development also noted that this is yet another strong demonstration of the strategic relationship between Greece and the United States, which is a key choice for security and stability for our homeland.
“I expect a specific and comprehensive master plan from ONEX in the immediate future, in order to implement new investments,” he noted.
Within the framework of the upgrade of the Elefsis Shipyards, ONEX RSIS’s agreement with Sung Shin Rolling Stock Technology is also included, which it described as “another important step in strengthening the Greek industry.”
The strategic cooperation concerns the creation of a center for the production, maintenance and upgrade of rolling stock and integrated railway systems, utilizing existing industrial infrastructure, investing in the training of Greek technicians and implementing modern co-production models, with final assembly in Greece.
Source: Naftemporiki