INVESTMENT PLAN
The ultimate goal of the investment is to reduce the cost of the flexible packaging materials produced, increase production and sales, and improve their quality. As a consequence of the above, the company’s profitability will increase and its position in both the domestic and foreign markets will be strengthened.
The investment consists of infrastructure upgrades through the replacement of old machinery and R&D programme to promote the circular economy, with the aim of creating a complete recyclable product portfolio. The overall investment is EUR 12.5 million, of which the Recovery and Resilience Facility covers 50%.
The implementation of the investment is expected to contribute decisively to the achievement of the following results:
- Increase of production capacity
- Reduction in production costs
- Increase in profitability
- Quality improvement of the services provided, through the introduction of modern equipment
- Increase in sales volume
- Expansion of market share
In summary, the investment aims to be a lever for increasing productivity and economic growth, as well as the competitiveness of the company, through the expansion of its comparative advantages.
