Hellenic Vehicle Industry

Hellenic Vehicle Industry (ELVO, also spelled in English as ELBO) is a Greek vehicle manufacturer based in Thessaloniki.

Hellenic Vehicle Industry S.A.
Native name
Greek: Ελληνική Βιομηχανία Οχημάτων Α.Β.Ε.
Romanized name
Elliniki Viomihania Ohimaton
Company typeS.A.
IndustryAutomotive
PredecessorSteyr Hellas S.A. (1972-1987)
FoundedJune 1972 (1972-06) in Thessaloniki
Headquarters
Thessaloniki, Thessaloniki, Central Macedonia
,
Area served
Europe
Key people
Papakostas Demetrios (Chairman and CEO)
ProductsBuses
Trucks
Military vehicles
Regular vehicles (starting in 2021)
Revenue 108.2 million (end 2012)
€17.16 million (end 2012)
Net income
€19.27 million (end 2012)
Total assets €69.56 million (end 2012)
Total equity €31.99 million (end 2012)
OwnerPlasan (47.6%)
Naska Industries – SK Group (47.6%)
Aristidis Glinis (4.8%)
Number of employees
380 (2015)
Websitewww.elvo.gr
Footnotes / references
Hellenic Vehicle Industry did not release financial results in 2012, 2013, or 2014
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