CSG and HDS Sign Key Documents for the Establishment of the Hellenic Ammunition Joint Venture in Lavrio
CSG, through its subsidiary MSM Greece, and the Greek state-owned company Hellenic Defence Systems S.A. (HDS/EAS) have today signed the key founding documents for the establishment of a joint…
CSG, through its subsidiary MSM Greece, and the Greek state-owned company Hellenic Defence Systems S.A. (HDS/EAS) have today signed the key founding documents for the establishment of a joint venture focused on the production of large-calibre ammunition in Greece. The newly created joint venture, Hellenic Ammunition S.A., represents a major step in restoring strategic production capacities in Lavrio while further strengthening CSG’s vertical integration in ammunition manufacturing.
Under the signed agreements, MSM will obtain managerial control over the Lavrio production site for a period of 25 years, allowing for the implementation of an extensive investment and modernisation…



