Long-time appliance maker Pitsos, a subsidiary of BSH, to remain in operation after purchase by Greece-based Pyramis
Tuesday, 25 May 2021 23:12
UPD:23:14
The relevant development minister on Tuesday toured German multinational appliance maker BSH's plant (Pitsos) in the greater Athens area, in light of the unit's acquisition by Greek metals-maker Pyramis.
The acquisition came as BSH finalized its decision to close down the Rendi district plant - announced years earlier - after a failed attempt to shift production to a bigger facility west of Athens proper. The transfer to the Elefsina municipality had been blocked by the leftist city mayor and a majority of council-members at the time.