CHALKIS SHIPYARDS S.A. is one of the leading shipyards in Greece that can accomplish almost all the ship repair work spectrum having in their background the completion of a major number of projects. The shipyard is located at Avlis near Chalkis, approximately one hour's drive north of Athens, Greece and is easily reachable via the National Road and also by train, but at an advantageous geographical place as well for vessels that need to carry out repair works. The geographical point at which they are located is in favor of the vessels that travel to and from the Black Sea and easily accessible for those traveling from SUEZ to Western Mediterranean and vice versa. By the end of 1999 when the ownership passed from Hellenic Bank for Industrial Development (E.T.V.A) to Stavros Ilias Group of Companies, and beside the fact that the ownership transfer procedure together with the inevitable non-working period was at a loss in money, clients as well as time for the regular beginning of the Shipyard, Chalkis Shipyards finally accomplished to dynamically come back in the shipbuilding and repair field leading an upward route mainly in the ship repair sector.