Greece 2.0 – Investment Implementation

The implementation of the investment involves the expansion of the capacity of an existing production unit for solar water heaters and solar collectors. The investment includes expenditures for the construction of new building facilities and the configuration of the surrounding area, as well as the procurement and installation of new mechanical equipment. Additionally, expenditures will be made for product certification with CE marking and the installation of a photovoltaic (PV) system for electricity generation.

The realization of the investment is expected to bring multiple benefits, both internally and externally, for the company.

The total investment amounts to €1,163,900.00, of which €810,980.00 constitutes a grant from the Recovery and Resilience Facility.

The implementation of the investment proposal is expected to significantly contribute to achieving the following outcomes:

• Expansion of production capacity and modernization of the production process.
• Improvement of operational efficiency.
• Reduction of production costs.
• Increase in profitability.
• Quality improvement of the provided services, in accordance with predefined quality characteristics, through the introduction of modern equipment.
• Increase in sales volume.
• Expansion of market share.

In summary, the proposed investment policy aims to serve as a lever for increasing productivity and economic growth, as well as enhancing 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. https://greece20.gov.gr/