ECONOMY

Offer of Israeli-led consortium for ELVO to be revealed

offer-of-israeli-led-consortium-for-elvo-to-be-revealed

The offer of an Israeli-led consortium for state-controlled Hellenic Vehicle Industry (ELVO) will be revealed on Thursday.

The consortium, made up of Israeli firms Plasan and SK Group, is said to be planning to invest €95-135 million in the company and that its actual offer could be symbolic.