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Govt: New tender for EL.VO military vehicle, bus manufacturer

By V. Vegiri

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The government is reportedly ready to issue a new international tender for the sale of the military vehicle and bus manufacturer EL.VO, with Alternate Industry Minister Stergios Pitsiorlas telling “N” on Tuesday that a new round of talks will soon begin with investors that had submitted offers in a previous tender.

A previous tender was declared null last in the summer of 2017. The two offers at the time were submitted by Germany’s Krauss-Maffei Wegmann and South Africa-based Paramount Group