Investment Plan Greece 2.0 NextGenerationEU
Intertrade Hellas is implementing an investment project under the National Recovery and Resilience Plan “Greece 2.0”, co-funded by the European Union – NextGenerationEU, through loan financing from the Recovery and Resilience Facility (RRF).
The Project:
The investment project concerns the expansion of the production capacity of the company’s existing tissue paper manufacturing plant at Oinofyta, Viotia, as well as the development of the necessary building infrastructure.
The investment is being implemented at the location “Tsifliki or Perivoli”, in the Municipal Unit of Oinofyta, Municipality of Tanagra, on privately owned land with a total area of 211,199.65 sq.m.
Key Investment Data:
Total budget: €111,876,651
Location: Oinofyta, Boeotia
Sector: Tissue paper industry
Infrastructure: Expansion of production facilities & building infrastructure
Objective & Impact:
The objective of the investment is for Intertrade Hellas to become one of the most modern and production-efficient tissue paper manufacturing units in Europe.
Upon completion of the project:
Production capacity will reach 165,000 tons annually. The competitiveness of the Greek paper sector will be strengthened. Dependence on imports will be reduced.
At the same time, the project integrates innovative solutions for energy efficiency and resource optimization, actively contributing to the green transition of Greek industry.
Funding:
Funded by the European Union NextGenerationEU
