Wikipedia / Hellenic Defence Systems
Wikipedia / Hellenic Defence Systems
Hellenic Defense Systems (, Ellinika Amyntika Systimata, abbreviated EAS) is the company formed by the merger in 2004 of the Greek defence companies Hellenic Arms Industry and Pyrkal. Upon its creation, it was a major manufacturer with thousands of employees, with a product range that included most land weapons in use today, as well as an established exporter to many countries in the world.
, EAS reported a loss, despite the Greek government paying million (equivalent to €million in ) towards the company's bills and debts, attributed to the ongoing economic crisis that affected Greece from 2008 to 2018. The company reported further net losses of €29.8 million in 2023.
Products
References
Official financial statements (2022)https://www.eas.gr/nea-kai-ekdiloseis/oikonomikes-katastaseis-2022/
External links
https://www.eas.gr/nea-kai-ekdiloseis/oikonomikes-katastaseis-2022/
L.S. Skartsis, "Modern Greece's Machines: A Comprehensive Guide to Greek Vehicle & Machine Manufacturers (1700 to Present)" (2026) (open access eBook)