Elefsina Shipyards have reportedly secured $102M financing from the DFC
Elefsina Shipyards have reportedly secured $102M financing from the DFC

Elefsina Shipyards have reportedly secured $102M financing from the DFC

The Greek Minister of Development and Investments met with the investor Panos Xenokostas.
RE+D magazine
07.12.2022

The schedule of the final approval and disbursement of $102,000,000 from the American State Investment Bank DFC for the Elefsina Shipyards was agreed upon.

According to a Greek Minister's of Development and Investments Adonis Georgiadis post in social media, "in the presence of the Workers' Union of the Elefsina Shipyards and the Mayor of Elefsinas, Arg. Economou, we met the delegation of the American State Investment Bank DFC, which came to examine how the Shipyard Cleanup Plan is progressing.

We agreed with the investor Panos Xenokostas and his team, on the schedule of the final approval and disbursement of $102,000,000. Everything is proceeding normally. The workers left happy with their assurances."