The implementation of the investment consists of the construction of a manufacturing building and the acquisition of new mechanical and production equipment with the aim of expanding production capacity, the sustainable operation of the unit and the utilization of new INDUSTRY 4.0 technologies.

The reorganization of the production line and its harmonization with the Industry 4.0 model will lead to multiple benefits both in the internal and external environment of the company.

The total investment amounts to 303,604.45 euros, of which 192,983.11 euros are a grant from the Recovery and Resilience Fund.

The implementation of the investment proposal is expected to contribute significantly to the achievement of the following results:

• Technological modernization with the introduction of 4th Industrial Revolution technologies.
• Improvement of functionality according to the Industry 4.0 model.
• Increase of existing production capacity
• Reduction of production costs
• Increase of profitability
• Qualitative improvement of the services provided, according to the predefined quality characteristics, through the introduction of modern equipment.
• Increase of sales volume
• Expansion of market share

In summary, the proposed investment policy aims to be a lever for increasing productivity and economic growth, as well as the competitiveness of the company, through the maintenance and expansion of its comparative advantages.

The investment is implemented within the framework of the National Recovery and Resilience Plan “Greece 2.0”, with funding from the European Union – NextGenerationEU.