The international tender launched by Hellenic Defence Systems (EAS) for its industrial facilities in Aigio has entered a new phase, following the submission of expressions of interest.
According to the information available so far, two investment consortia have submitted bids: India’s Kalyani Strategic Systems Ltd. (KSSL), in partnership with GEK TERNA, and Germany’s Rheinmetall Waffe Munition GmbH, a member of the Rheinmetall Group.
The international tender concerns the “granting of the right, together with the assumption of the corresponding obligation, to finance and upgrade the equipment and facilities of EAS S.A. for the manufacture of large-calibre ammunition shells and cartridge cases, as well as to operate, develop and exploit the equipment, facilities and related manufacturing activities, and to transfer these activities to the company’s plant in Aigio, Achaea”.
The next stages of the tender include the evaluation and prequalification of interested parties. This is expected to be followed by the launch of competitive dialogue and the submission of binding offers, leading to the final selection of the concessionaire.
Joint venture
Under the initial plan, the aim is to establish a joint venture in which EAS will hold a 51% stake, with the objective of restarting operations at the Aigio plant, which has been idle for at least 15 years.
The investor is expected to finance the relocation, upgrading and operation of the new shell and cartridge-case manufacturing…
