Hellenic Defence Systems
{{Short description|Greek defence company}}
{{more citations needed|date=July 2014}}
{{Update|updated=August 2019 |reason=still bleeding money four years later? same key people despite decade of losses?|date=November 2023}}
{{Infobox company
| name = Hellenic Defence Systems
| logo =
| logo_size =
| logo_alt =
| logo_caption =
| native_name = {{langx|el|Ελληνικά Αμυντικά Συστήματα}}
| romanized_name = Ellinika Amyntika Systimata
| type = State-owned enterprise
| location =
| industry = Defence
| founded = {{start date and age|2004}}
| founder =
| hq_location_city = Hymettus, Athens, Attica
| hq_location_country = Greece
| num_locations =
| num_locations_year =
| area_served = worldwide
| key_people = Athanasios Tsiolkas (Chairman)
Νikolaos Κostopoulos (CEO)
| products = Munitions, Small arms, Artillery, Explosive
| services =
| revenue = 15.250.162€
| revenue_year = 2022
| operating_income = 4.434.613€
| income_year = 2022
| net_income = -25.628.739€
| net_income_year = 2022
| assets = 268.355.778€
| assets_year = 2022
| equity =
| equity_year =
| owner = Hellenic Republic
| num_employees = 331
| num_employees_year = 2023
| website = {{Official URL}}
| footnotes =
}}
Hellenic Defense Systems ({{langx|el|Ελληνικά Αμυντικά Συστήματα}}, 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.
{{As of|2018}}, EAS reported a loss, despite the Greek government paying {{€|19.5|link=yes}}{{nbsp}}million (equivalent to €{{Inflation|EU|19.5|2018|r=1|fmt=c}}{{nbsp}}million in {{Inflation/year|EU}}) towards the company's bills and debts, attributed to the ongoing economic crisis that affected Greece from 2008 to 2018.{{cite news |title=Defense industry survives thanks to state largesse |first=Vangelis |last=Mandravelis |date=2019-08-15 |newspaper=Kathimerini |url=https://www.ekathimerini.com/243616/article/ekathimerini/business/defense-industry-survives-thanks-to-state-largesse |access-date=2021-01-09 |archive-url=https://web.archive.org/web/20230517133602/https://www.ekathimerini.com/economy/243616/defense-industry-survives-thanks-to-state-largesse/ |archive-date=2023-05-17 |url-status=live}}
Products
References
{{Reflist}}
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/]
- {{Official Website}}
- [https://www.academia.edu/2899187/Greek_vehicle_and_machine_manufacturers_1800_to_present_A_pictorial_history L.S. Skartsis, "Greek Vehicle & Machine Manufacturers 1800 to present: A Pictorial History", Marathon (2012)] {{ISBN|978-960-93-4452-4}} (eBook)
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Category:Defence companies of Greece
Category:Firearm manufacturers of Greece
Category:2004 establishments in Greece
Category:Government-owned companies of Greece
Category:Companies based in Athens
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