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Funding period

Showing all data for 2014–2021

Business Development, Innovation and SMEs Completed

Green Offspring

PRESSIOUS ARVANITIDIS S.A. ·Greece

€1.2m
Grant awarded
Innovation, Business Development and SMEs
Programme
3 November 2022
Signed

About this project

<p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif">The project “Green Offspring” is an investment in a new, environmentally friendly printing machine for the PressiousArvanitidis, to increase production capacity and to reach new market segments. The machine <span style="color: #000000">will allow the production of conductive ink paper material and digital paper; in other words, it will enable the company to print books and paper material with novel characteristics and features, and thus access a new market segment.&nbsp;</span></span></span><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">The novel printing machine will reduce the company's environmental footprint significantly due to its use of less electrical power and reduction of waste.&nbsp;</span></span></span><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif">Through the project, approximately 5 new jobs will be created. Additionally, PressiousArvanitidis will increase its revenues and competitiveness. </span></span></p>