ELBO

ELBO

Infobox Company
company_name = ELBO S.A
"(Ελληνική Βιομηχανία οχημάτων)"
company_
company_type = State-owned
genre =
foundation = 1972
founder =
location_city = Thessaloniki
location_country = Greece
location =
origins =
key_people =
area_served =
industry = Automotive
products = Buses, Trucks, Military vehicles
services =
revenue =
operating_income =
net_income =
num_employees =
parent =
divisions =
subsid =
owner =
company_slogan =
homepage = http://www.elbo.gr/
dissolved =
footnotes =

ELBO (standing for Elliniki Viomihania Ohimaton, English translation: Hellenic Vehicle Industry), is a Greek vehicle manufacturer based in Thessaloniki. Although it certainly is neither the oldest, nor the most "Greek" in its original technology (it was founded in 1972 after an agreement with "Steyr-Daimler-Puch" of Austria), it is one that managed to survive the evolutions that basically wiped out the Greek motor industry in the 1980s and 1990s, as it was the only state-owned company in its field.

It started business as "Steyr Hellas S.A." assembling and manufacturing trucks, motorbikes and farm tractors ("Steyr" and "Puch" models). Significant orders for trucks and buses by the Greek Army and state authorities soon gave momentum to the company (some say, at the expense of other manufacturers). The tractor division declined in the 1980s, as the company focused on military vehicles; in 1986 it changed its name to ELBO.

The Greek company's first original design was a military bus (chassis and body) introduced in 1981. In the same year it undertook the construction of "its own" "Leonidas" Armored Personnel Carrier (in fact "Steyr’s 4K 7FA" model built with minor modifications, again with progressively increasing local content). In 1987 ELBO introduced "Leonidas-2", this time with significant modifications of its own. Hundreds were built, while a number of different versions were proposed.

In the years that followed, ELBO became a major producer of military and civilian trucks for a variety of uses (all based on "Steyr" models), engines ("Steyr" types, many for export to the Austrian company itself), military jeeps ("Mercedes-Benz G-Class" under licence), customized vehicles and machinery, and buses, with significant exports. Production of buses usually involved body construction on imported chassis; only a few models actually included complete ELBO chassis design and construction, among them the "Midas" and "Europe" models of 1993, and a number of military bus types. ELBO-bodied buses exported to Singapore in 1996 were welcomed by that country’s press as the first low-floor buses in the wider region.

A number of ambitious plans for company development and new products were not realized, as the state character of the company linked it to effects from government changes and mismanagement. Although it pulled out of a 1988 agreement with Steyr for an Armored Infantry Fighting Vehicle Development, ELBO rather surprised many in 1998, introducing a particularly advanced Armored Infantry Fighting Vehicle of its own design and development, named "Kentaurus". However, the vehicle to this date has not been ordered by the Greek military due to reduced budgets. Another step towards original developments was its initiative for the creation of a light sports car, which was assigned to "TWT" (an engineering company created in Germany by Greek engineer Dimitris Vartziotis, with facilities in Germany and Greece). The prototype of the ELBO "Aletis" (meaning "tramp" in Greek), an attractive car designed by Pininfarina with Volkswagen engine, was introduced in the Internationale Automobil-Ausstellung in Frankfurt in 2001, but was never produced.

In 2000, ELBO was partly privatised, when the Greek [http://web.Mytilineos.gr/main.asp Mytilineos] metal and engineering group acquired 43% and undertook the company management. The company is currently producing the "Leopard 2 Hel" MBT under licence of Krauss-Maffei Wegmann (KMW); the first of 140 to be produced (in cooperation with a number of Greek companies) were delivered in late 2006. The fate of this company in a new age of globalism and intense international competition, nonetheless, will be more dependent on its own creativity and resources.

References

*L. S. Skartsis and G. A. Avramidis. "Made in Greece". Typorama: Patras, Greece (2003).
*Jane’s Military Vehicles & Logistics, 2003-2005 editions.
*Jane’s Armour & Artillery, 2005 edition.
*Simon Dunstan, 'Modern Tanks & AFV's' (Vital Guide), Airlife Publishing (2002).

External links

* [http://www.elbo.gr ELBO]
* [http://www.ellinikos-stratos.com/arthra/elviomixania.asp ELVO] (in Greek)


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