The enterprise DRAKAKIS PANAGIOTIS & VARDA ELENI OE based in ATTICA region has joined the Action “Strengthening SME Tourism for modernizing and improving the quality of their services” with a total budget of 110 million €. The Action aims at supporting very small, small and medium-sized tourism enterprises, in order to enhance their competitiveness in the Greek and international tourism market.

The investment’s total budget is 150.000 € out of which 75.000 € is public expenditure. The Action is co-financed by Greece and the European Union – European Regional Development Fund.

The approved subsidised Business Plan includes investments in the following categories:

  • Machinery, equipment, installations and environmental protection equipment along with energy and water-saving equipment
  • Certification of quality assurance systems and environmental management
  • Software and digital services
  • Preparation and monitoring the implementation of the Investment Plan
  • Labor costs for personnel (current and /or new employees)

Through the participation in the Action, the enterprise achieved:

  • Competitiveness improvement
  • Increase in profitability
  • Reinforcing an extrovert business profile
  • Creating better quality products and services
  • Increasing productivity and improvement of operational procedures
  • Reinforcing entrepreneurship
  • Creating/maintaining job positions

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