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Competitiveness toolbox | George S. Kalogeridis

The enterprise GEORGIOS KALOGERIDIS LTD based in Central Macedonia region, has joined the Action "Competitiveness Toolbox" with a total budget of 400 million €. The Action aims at supporting existing small and very small enterprises, in order to upgrade and improve their competitive position in domestic and international markets, by investing in the modernization of their production equipment and by adopting product certifications.

The investment’s total budget is 93.818,67€ out of which 55.991,20€ is public expenditure. The Action is co-financed by Greece and the European Union - European Regional Development Fund.

The approved co-financed Business Plan includes investments on the following categories:

Machinery – Equipment
Quality system, Standardization, Certifications etc (up to 100% of the total budget)
Means of transportation
Packaging & Branding
Digital Promotion

Through the participation in the Action, the enterprise achieved:

Competitiveness improvement
Increase of profitability
Reinforcement of an extrovert business profile
Market expenditure by adopting new products and services
Creation of better quality products and services
Increase of productivity and improvement of operational procedures
Entrepreneurship Reinforcement
Creation/ retention of jobs

The support of EPAnEK proved beneficial, not only for the enterprise but for the competitiveness of the national as well as the local economy.