Fincantieri eyes Elefsina Shipyards, as part of coop venture with local Onex

Italian shipbuilder Fincantieri, billed as the largest in Europe, this week confirmed its interest in the Elefsina Shipyard, west of Piraeus, as part of future cooperation with Syros-based Onex Shipyards.

The interest was confirmed during a meeting between top Greek ministers and the CEO of Onex, Panos Xenokostas, and Fincantieri General Manager of Defense Giuseppe Giordo, with the latter expressing the Trieste-based group’s interest in participating in the Elefsina’s facility’s restructuring, in partnership with Onex.

In commenting on the prospect, Development & Investment Minister Adonis Georgiadis welcomed the prospect on behalf of the Greek government.

On his part, Giordo referred to a “major step in Greek-Italian business cooperation. Our goal is to contribute so that one of the best shipbuilding industries in the world is created in Greece.”