EMCC European Monitoring Centre on Change

Syros Shipbuilding and Industrial Enterprises

21 Oct, 2016
    • Greece
  • Organisation size


  • Establishment size


  • Type of restructuring
    • Outsourcing
  • Ownership
    • Private
  • Sectors
  • Involved actors

    • Business/employers organisation
    • Education/training provider
    • National government
  • Anticipation of change activities
    • Validation of non-formal/informal learning
    • Training/skill development
    • Continuous mapping of jobs and skills needs - Elaboration of training plans
    • Promotion of internal mobility
    • R&D - innovation
  • Management of change activities
    • Transition of affected employees to other employers
    • Support of networks/partnerships among organisations
    • Flexible/early retirement schemes
Syros Shipyards, currently known as Syros Shipbuilding and Industrial Enterprises, was founded in 1861, making it the oldest shipyard in Greece. It was privatised in 1994 and is now part of Neorion Holding S.A., a company that owns shipyards in both Syros and Elefsis. The European shipbuilding industry has been in severe crisis for several decades because of competition with low labour cost countries and, more recently, because of the high exchange value of the euro. In Greece, additional challenges include an ageing workforce and inflexible labour relations. Over a twenty year period the number of employees in the whole Greek shipbuilding industry has dropped from about 10,000 employees to 3,500.
  • Regional aspects
  • Recession/crisis
  • Age management