ECONOMY

Shipyard workers await word on jobs

Workers from Hellenic Shipyards, west of Athens, listen to Communist Party leader Aleka Papariga, who visited the company yesterday. Some 1,200 jobs at the shipyard, owned by Germany’s ThyssenKrupp Marine Systems, are under threat after indications that the German company might pull out of Greece and shut down the unit. Meanwhile, Neorion Shipyards said yesterday it was in exploratory talks with ThyssenKrupp to acquire the Greek shipyards. ‘The company has started negotiations in order to explore the terms of a possible buyout of Hellenic Shipyards’ shares,’ Neorion Shipyards said in an Athens bourse filing without providing further details. A Thyssen-Krupp spokesman said the company was unaware of the statement and declined to comment.