Greek industrialist and shipowner Constantino Angelopoulos died in Athens on Monday aged 76.
From a young age, Angelopoulos suffered from a rare form of arthritis that increasingly impaired his mobility to the point that he had been hospitalised in a private clinic for the last few months of his life.
Constantino Angelopoulos was a son of the late Greek industrialist Panagiotis Angelopoulos, founder of ‘Chalivourgiki’, Greece’s first steel foundry and works, and brother of shipping magnate, Theodoros Angelopoulos.
The company, Chalivourgiki, was closely associated with the course of the country’s economy and the construction of major infrastructural works in the 1950s. At the helm of the company for years, Angelopoulos navigated Chalivourgiki through tough times during the economic crisis of the late 1980s and early 1990s. The company managed to survive by implementing a modernisation programme, and by diversifying into new products and technologies. In 2014, a drastic drop in demand for steel in Greece saw the company halt steel production and suspend 200 of its 263 workers. The company permanently ceased production but still continues to operate today.