Greece
Business
45 Dismissals in Aspropyrgos Hellenic Halyvourgia Unit
On February 2014, Hellenic Halyvourgia company announced the shutdown of its unit in Aspropyrgos and the layoff of 90 from a total of 107 workers. However, 74 of those workers left under the company's voluntary plan. The decision for...
Economy
Greece Trying to Keep Halyvourgia Steelworks From Shutting
ATHENS – Desperately trying to find ways to keep open the Hellenic Halyvourgia steelworks where employees have been striking for nine months over 40 percent pay cuts, Labor Minister Yiannis Vroutsis was talking to union leaders and management trying...
Economy
Greece's Heavy Industries Not Yet Recovered
Despite Greek Prime Minister Antonis Samaras' optimism that the country is nearing the exit of the recession and the Greek economy is finally recovering, the facts show a totally different reality. Greece’s economy is still at stake, something that...
Business
Greek Steelworks Suspends 95% of Employees
Despite trying to find ways to keep “Halyvourgiki” open, the plant’s operator had announced earlier on Thursday that he is forced to cease the majority of operations at the Greek steelworks, suspending around 95% of its employees.
The owner of...