Pyrsos Security announces decision to shut down after 22 years
Private security firm Pyrsos Security formally announced on Tuesday that it will cease operations and shut down.
At present company employs about 800 people, who had not been paid their wages in months. It is also one of the three cash transportation companies in Greece.
The security firm, which was founded in 1994, had been experiencing major financial problems in the past year and a half, with many employees claiming that payments are up to eight months late.
You may be interested
Confrontation between Dendias & Cavusoglu at the press conferencemakis - Apr 15, 2021
Diplomatic etiquette was cast aside in an astonishing joint press conference between Greek Foreign minister Nios Dendias and his Turkish…
Russia suspends flights to TurkeyPanos - Apr 15, 2021
Russia will restrict flights to and from Turkey from April 15 to June 1 due to a rise in COVID-19…
EU member-states agree to issue Covid-19 travel certificatePanos - Apr 15, 2021
European Union countries today formally agreed to issue Covid travel certificates as a step towards reopening tourism this summer with…